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IND AS 115-Principal vs agent
Financial Reporting
answered on 20-Feb-24 19:04
Whether all indicators should be satisfied or any of the indicators can be satisfied to conclude that the entity is a principal??
latest answer
These are independent. So any indicator being satisfied is enough.
Vikraman Prakasamoorthy
CA Final
★ 0
1
382
Place of supply material not available
Indirect Taxation
answered on 23-Feb-24 13:04
Place of supply material not available . CA inter GST
latest answer
You can download from below link https://www.indigolearn.com/resources/Notes/CA-Inter/7b1e5777f7c2497fa1e1ca5ed5d33f43/P3B-GST-Notes-CA-Inter/9bdc6a4f4c334be0b54c3ccbf7ede9f6/r
Satheesh Kumar
CA Inter
★ 15K+
3
413
doubt in the answer part
Accountancy
answered on 20-Feb-24 19:03
how did the expected ratio came as 9% ?
latest answer
As per question. Missed in the vide0
PRAJOSH SRINATH
CMA Inter
★ 0
1
171
Articleship in Bangalore
Others
answered on 18-Feb-24 17:50
Pls suggest few firms in banglore Pref location:kormangala, madiwala,jp nagar,cubbon park area Good management and good work environment
latest answer
You can use search option on our app in forums section
Ashmil Z
CA Inter
★ 135
2
407
Pre aquisition dividend- CFS
Accountancy
answered on 23-Feb-24 15:33
What is pre-aquisition dividend? Does it mean the dividend which pertains to the period before aquisition? (OR) Does it mean and include the dividend which pertains to the period after aquisition but paid out of pre acquisition profits? I get conflicting conclusions from Illustration 8 of pg.10.48 and MTP test series 2 of Nov 2022(q.4)
latest answer
This is my working Sir,
Monesha T
CA Inter
★ 1K+
4
625
Referral fees
Auditing
answered on 22-Feb-24 10:19
Mam, the person who receives referral fees is not guilty, I agree. But what about the person paying the referral fees if he is a CA as in our example under clause 2 . Will he be charged for professional misconduct ?
latest answer
No. referral fee will be outside the scope. Also understand, one clause and other cannot contradict.
Hrishikesh Pradhan
CA Final
★ 18K+
1
361
Consolidation of Financial Statements
Accountancy
answered on 24-Apr-24 16:04
In AS -23 Pg no. 10.116 Case-3, Why is the carrying amount computed by excluding Goodwill where it is mandatory to include Goodwill according to the standard?
latest answer
Thank you so much for explaining Case 3 Sir. Was searching for this solution for a long time .
Monesha T
CA Inter
★ 1K+
6
509
How should be revision strategy
Others
answered on 20-Feb-24 19:06
Apart from concept clarity, I’m confused about How to do revision What to include in revision Eg = solving qsn, summary reading……I’m confused what to incl n excl in revision (Please answer not before exam revision but in general while studying chapters & professional exam approach revision) How much hours to put for revision approx like max how much hour
latest answer
Before starting the next day, recap what you learnt the previous day.
Sushmita Chowdhury
CA Inter
★ 2K+
3
511
Forex
AFM
answered on 18-Feb-24 18:37
Illustration 56 - while calculating gain on futures. Why should we consider currency future rate instead of spot rate as on sep 1, 2009.
latest answer
because gain on a future is contract value - settlement value If you are going to ask a doubt in every 2nd / 3rd question pls extend your course as explanations are available in videos
Preethi Yerramsetti
CA Final
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1
222
Chapter 6 Audit documentation
Auditing
answered on 22-Feb-24 20:45
On page 6.10 of study material, following 2 lines are given . 1)" There is a need to revise the auditors previous assessment of the risks of material misstatement and the auditors responses to those risks ." 2) " The rationale for the auditors conclusion when a requirement provides that the auditor shall consider certain information or factors, and that consideration is significant in the context of the particular engagement." Please give example of the above sentence to understand in better way .
latest answer
Initially the auditor assess ROMM based on understanding the entity by communicating with management and understanding the overall business. later during the course of audit, this assessment could undergo change as new evidences could be identified which were not known earlier. Eg: some related party transactions must have been identified by the auditor which management might not have informed auditor. this information would change the previous assessment, auditor would be required to reassess the situation n and modify the FAP. ( i.e. response to the assessed risk). He has to take into account all factors, obtain evidences and based on the conclusion will be drawn. finally , opinion will be formed by the auditor
Anirved Rahatgaonkar
CA Inter
★ 0
1
368