Forums
Car license Illustration
Financial Reporting
answered on 10-Apr-24 16:26
Customer can obtain license and seperately manufacture cars also. He need to rely on C Ltd for manufacture. Why is it treated as a single performance obligation?
latest answer
Its a specific tech and may not be available with the customer.
Dhvaritha Ravishankar
CA Final
★ 7K+
1
259
Derivatives Revision
AFM
answered on 04-Apr-24 11:49
Sir in derivatives revision chapter (2 hrs 33 minutes video) of AFM free courses module, you had said that if margin account closing balance falls short of maintenance margin, it must be restored upto initial margin But sir you had told that initial margin is only margin paid initially as per contract and its a one time payment, and maintenance margin is to be kept regularly as minimum balance/margin Then it means we should restore upto maintenance margin, not initial margin as initial margin is just basically an initial deposit but maintenance margin is minimum balance to be maintained regularly. But why top up is made upto initial margin and not maintenance margin?
latest answer
Yes
Rohit Ramesh
CA Final
★ 0
3
352
Unsolved sums
Financial Management
answered on 30-Apr-24 12:14
Sir there is no solution video for these questions from dividend chapter sir
latest answer
The Videos have been recorded - thanks for highlighting
SHARINIDHA KS
CA Final
★ 2K+
3
230
All Chapters
Auditing
answered on 04-Apr-24 12:50
Can we get hand written notes for all the chapters or on SA alone. Is that a possibility.
latest answer
Regret We do not have handwritten notes - only Printed notes hard copy / soft copy are available
Parithi Ravichandran
CA Inter
★ 4K+
1
279
Incorporation of company
Corporate & Other Laws
answered on 04-Apr-24 13:04
What will be the answer and why?
latest answer
Sec 3 Member of OPC shall be Indian Citizen. He may or may not be resident in PFY Solution: (d)
Mainak Chakraborty
CA Inter
★ 0
3
489
FEMA
Corporate & Other Laws
answered on 04-Apr-24 16:31
"Person of Indian origin with us citizenship" Without providing any further details on the question Can we decide whether such person is a PRII or PROI ?
latest answer
Such a person will be considered as a person of Indian Origin however, determining whether he is a PRII or PROI will require further information.
Sai Akash rockster
CA Final
★ 10
1
354
content of engagement letter
Auditing
answered on 03-Apr-24 20:54
hiii mam... is it okay for issuing the El by the co to the auditors ? auditor should issue right ? please clarify this mam
latest answer
Its always the auditor whose prepares the EL and gets the same agreed by Mgt. SAs are always a responsibility on auditor. Mgt give appointment letter and auditor EL
Bhanu Shankar
CA Inter
★ 590
1
279
EARNING BEFORE TAX CALCULATION AT THE END
Financial Management
answered on 11-Apr-24 15:40
HOW CONTRIBUTION IS 60 X 5000 IN QUESTION ITS GIVEN 1000 UNITS ONLY
latest answer
This correction is made and revised file will uploaded by tonight
Ranjith G
CA Inter
★ 510
2
404
Preliminary
Corporate & Other Laws
answered on 03-Apr-24 18:13
For a small company the paid-up share capital and turnover limits are 50Lakhs and 2Crores as per definition of companies act BUT its given as 4Crores and 40Lakhs in as per companies rules which one should we write in exam?
latest answer
The recent amendments to the Companies (Specification of Definitions Details) Rules, 2022, have set the bar at a maximum of Rupees 4 Crores for paid-up capital and Rupees 40 Crores for turnover. These thresholds serve as crucial benchmarks, delineating Small Companies from larger entities.
Monika T
CA Final
★ 7K+
2
387
Exponent
AFM
answered on 03-Apr-24 17:14
Exponent value given in the material has slight difference
latest answer
That is ok. I have computed exact number - icai would have rounded something off. In exam consider what is provided in Q paper
Devika Viswanathan
CA Final
★ 9K+
1
240