Forums
Negative Confirmations
Auditing
answered on 16-Feb-24 10:51
Here it is told that in same category items (monotonous items) only few replies are required hence negative confirmation request is sufficient. But what if no replies are received for any requests as reply will only be received when there is an exception. Also we don't know whether the non reply is due to acceptance or non receipt of the request. So without any replies how can we conclude? (as it is said with few replies we can conclude)
latest answer
Thank you mam. One more doubt regarding the same topic is that, Out of the 4 points that need to be satisfied for choosing a negative confirmation request the first two points, that is, 1) Low ROMM and 2) Very low possibility of an exception, Actually these two points are same right? because when ROMM is low obviously Possibility of exception will be low right?
Arjun Reghunath
CA Final
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345
Offline Lecture
Others
answered on 15-Feb-24 10:06
Sir im using IOS device and i don't find download option to view in offline, can be downloaded only on android device?
latest answer
Yes
036 137
CA Inter
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1
361
Ind AS 103- Contingent Consideration
Financial Reporting
answered on 17-Feb-24 15:16
Contingent consideration on the date of acquisition is mentioned as Not probable to pay. Then why are we considering FV of Contingent consideration??
latest answer
For e.g there is a piece of land which you want to buy. Market value is 1,00,000. There is a court case going on and probability of losing is only 20%. Will you pay 1,00,000 or less than that?
Nilofer Zainab
CA Final
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3
380
Applicability of Ind AS
Financial Reporting
answered on 15-Feb-24 09:03
Sir, Is it possible to holding company or parent company not to meet the networth criteria and subsidiary liable to follow IND AS by networth
latest answer
Possible
Ramamoorthy Kaliyaperumal
CA Final
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50% aggregate
Others
answered on 15-Feb-24 11:07
Does 50% aggregate criteria need to be fulfilled under 2D ?
latest answer
Ok sir
Sugam SM
CA Final
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3
383
Ratio analysis
Financial Management
answered on 16-Feb-24 11:01
What is the difference between debt service coverage ratio and fixed charge coverage ratio (mentioned in book).
latest answer
Debt Service Ratio is concerned with addressing the Interest component where as Fixed Charge Coverage Ratio I.e., Capital Gearing Ratio is concerned with both the fixed costs (Interest & Preference Dividend) The doubt mentioned refers to coverage ratios but the video attached is about profitability ratios. So please refer to the coverage ratios video for better understanding
ANITHA DINAKARAN
CA Final
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2
398
Trade mark
Financial Reporting
answered on 15-Feb-24 07:38
Is trade mark recognized as intangible asset please explain
latest answer
Yes.
abin c s
CA Final
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1
315
SBP with cash alternative
Financial Reporting
answered on 22-Feb-24 20:36
Why when employee chooses equity alternative at end entity use FV on settlement date(147) and not grand date FV i.e, 115... Normally we take grant date FV to compute liability for employees?
latest answer
The employee has surrendered the cash option. That amount is no longer payable by the company now. This liability is transferred to equity and it is assumed that the total value of liability + equity portion recognised earlier is the total worth of equity issued.
binu mathew
CA Final
★ 0
1
248
Factors that intangible asset with usefull life indefinite
Financial Reporting
answered on 17-Feb-24 15:17
I didn't understand that 6 criteria I need more explanation
latest answer
Criteria to recognise INtangible Assets?
abin c s
CA Final
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1
239
Inter
Others
answered on 14-Feb-24 20:57
Please please do some favour for CA inter students also.. Last time also you have provided FR for free Please considered us also
latest answer
AFM
Sruthi sruthi
CA Final
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3
424