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Ind AS 36

Financial Reporting

answered on 10-Mar-24 08:06

Sir, in what case the impairment loss estimate be greater than the carrying value of the asset?

latest answer

Cost to dispose is higher

Suresh Avinash

Suresh Avinash

CA Final

★ 3K+

1

478

Working Capital

AFM

answered on 13-Mar-24 19:43

Dear sir, When mentioned " Initial working requirement is 50 and subsequent working capital requirement is 5 " Y0 outflow is 50 and subsequent receipt of 45 since only 5 crore is required as working capital funds. why shouldn't we interpret it like this.

latest answer

yes this is the correct interpretation

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

★ 8K+

4

501

Depreciation

AFM

answered on 13-Mar-24 19:45

Dear sir, They have mentioned the production cost as 40% of revenue isnt depreciation of machinery and factory part of production cost.

latest answer

What is the exact doubt that you have

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

★ 8K+

2

432

NCI at fairvalue

Financial Reporting

answered on 23-Mar-24 22:07

Why in this case impairemnt charged to unit c before allocation of goodwill

latest answer

If Corporate asset cannot be allocated, the allocation is done on similar lines as goodwill.

binu mathew

binu mathew

CA Final

★ 0

10

271

recheck pls in ACF NPV %

AFM

answered on 22-Mar-24 17:30

sir i am getting 63.08% change in NPV for annual cash flow by 10%

latest answer

Made the correction in video - thanks for highlighting

Hariharan S

Hariharan S

CA Final

★ 5K+

2

270

AS 26

Accountancy

answered on 10-Mar-24 15:59

->Sir as per an amendment for tax subject, goodwill is no longer an intangible asset ->what is its treatment in accounting? .will it be under intangible asset only? ->only for tax subject we hv to treat it as not intangible asset?

latest answer

Thank you sir

Nithya sree G

Nithya sree G

CA Inter

★ 0

2

319

IND AS 19

Financial Reporting

answered on 10-Mar-24 13:02

Sir, Illustration 3 how did he work 6 days more, when we look year 20X0-X1 - he has worked 3 days extra and which has compensated in the next year.

latest answer

On the basis of actual number of days worked.

Swathi Krishna

Swathi Krishna

CA Final

★ 8K+

1

364

Present value annuity factor formula

Financial Management

answered on 15-Mar-24 14:54

what is PVAF formula in YTM approach

latest answer

The PVAFs will be given in the question. Even otherwise it is easily computed with the help of calculator. please follow the videos for the same

sri nekesh

sri nekesh

CA Inter

★ 0

1

734

Ind AS -2

Financial Reporting

answered on 10-Mar-24 08:37

Hello Sir, have they assumed it as FIFO in this question?

latest answer

We can use either FIFO or weighted average in this question- the answer does not change as Opening Inventory is at 10 (11000/1100) also purchases are made at 10 (100000/10000) . So it does not matter which method we use - we need to value closing and COGS at 10 only.

Suresh Avinash

Suresh Avinash

CA Final

★ 3K+

1

342

SELF PACED ONLINE MODULES

Exams

answered on 09-Mar-24 18:02

Any update on self paced online modules?

latest answer

Not yet. Just set A and B study material hav been released.

Durai Murugan

Durai Murugan

CA Final

★ 470

1

479