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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

PRAJOSH SRINATH

CMA Inter

★ 0

1

224

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

Ashmil Z

CA Inter

★ 135

2

485

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

Monesha T

CA Inter

★ 1K+

4

717

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

Hrishikesh Pradhan

Qualified CA

★ 18K+

1

435

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

Monesha T

CA Inter

★ 1K+

6

680

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

Sushmita Chowdhury

CA Inter

★ 2K+

3

592

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

Preethi Yerramsetti

CA Final

★ 0

1

286

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

Anirved Rahatgaonkar

CA Inter

★ 0

1

459

Not In Order

AFM

answered on 18-Feb-24 15:00

Sir ,After E-Lecture 6 there is no Continuation for 7 and 8 but video 6 continuation is in line from line could you please arrange video 7 and 8 in there respective order

latest answer

In term strucute theories i mentioned abt convertible bonds and debetures. However i later decided to cover them later - they are covered from s.no 31 onwards video 26 ... the videos are in order only . i will delete last portion of video " Term Structure Theories - II"

Surya Prakash

Surya Prakash

CA Final

★ 19K+

1

266

IND AS 2

Accountancy

answered on 23-Feb-24 09:36

IN SERVICE PROVIDER EXAMPLE YOU GAVE THE EXAMPLE OF CARPENTER SIR. IN THAT WHILE PROVIDING SERVICES HE USED HAMMER, NAILS, AND PAINT FOR EXAMPLE. FOR THE PURPOSE OF CALCULATION NAILS AND PAINTS WILL BE CONSIDERED AS INVENTORIES RIGHT? IS IT BECAUSE AFTER GOODS CAME TO SALABLE CONDITION IT CONTAINS PAINT AND NAILS ON IT. BUT HAMMER IS NOT A INVENTORY RIGHT?

latest answer

Carpenter just provides services. He does not sell the furniture.

Cafinal n

Cafinal n

CA Final

★ 1K+

1

383