Forums
Regarding portions
Auditing
answered on 09-Jan-24 16:22
Is this lectures for new scheme
latest answer
New is not yet updated
Narendra Varma
CA Inter
★ 210
1
203
GST
Indirect Taxation
answered on 10-Jan-24 22:11
Can a wife continue the same business of the her husband after his death with the same gst registration of her husband
latest answer
Not possible since PAN will change. So new GSTIN to be obtained
Sruthi sruthi
CMA Inter
★ 640
2
401
Negative marking
Exams
answered on 09-Jan-24 12:04
Is there any negative marking in ca inter may 2024 for mcq
latest answer
This is official notification from ICAI. Pld do check .
Roopam Pandey
CA Inter
★ 130
3
597
IND AS 36
Financial Reporting
answered on 09-Jan-24 11:47
For few cases Future Commitments are not included in Cash Flow but Airplane Fan and Furniture also they spend future only why we are considering. I am confused in with this point only
latest answer
Because that is unavoidable or already decided
Sai Krishna
CA Final
★ 250
1
335
Average Rate of return
Financial Management
answered on 09-Jan-24 14:23
Q.10 ICAI material page 7.74. Management is considering a 100000 investment in a project with a 5 year life and no residual value. If the total income from the project is expected to be 60000 and recognition is given to the effect of straight line depreciation on the investment, the average rate of return is ?
latest answer
Not sure how icai has computed 24%- question is also very poor IS 60 per year for all 5 years is not clear tax impact is unclear kindly ignore this q , you will get far clearer questions in exams
Swajan S
CA Inter
★ 100
1
3K+
Growth not considered in next year dividend
AFM
answered on 09-Jan-24 13:03
Dear sir, Why we have not considered the growth of next year to the dividends and also why are we using P0 instead of P1 for the next year price.
latest answer
When next year dividend is already given why will use g for next year that was assumed last year Using next years data we will always compute current year price - Price on today is disc value of all future CF Po will be computed using D1 data and P1 will be computed using D2 data
Vanacharla Sai Pavan Kumar
CA Final
★ 8K+
1
454
Syllabus conversion
Exams
answered on 09-Jan-24 12:48
I've just given my CA foundation December 2023 attempt under old syllabus. Should I wait for the results? or get converted into new syllabus?
latest answer
For CA Inter? If its not converted then you can convert yourselves and order the books.
Nidhi S
CA Inter
★ 4K+
3
449
PPE
Financial Reporting
answered on 09-Jan-24 10:48
Company as to comply with the environmental policy of the state, grows bearer and non bearer trees in its premises and the intention of the business is not to sell the bearer fruits when they get produced but to donate them. As the company is only doing it to comply with the state environmental policy, should it be charged to p&l a/c Video Details Course: Ind AS - CA Final Module: Ind AS 16 Property, Plant and Equipment Section: 6.Initial Measurement - Part 3
latest answer
Yes. Because no future economic benefits.
Himanshu Garg
CA Final
★ 0
1
318
Selecting Securities
AFM
answered on 09-Jan-24 18:23
Dear Sir, Why are we selecting and comparing selectively instead of comparing the return/risk of each security in this particular Illustration?
latest answer
Thank you sir for the clarification
Vanacharla Sai Pavan Kumar
CA Final
★ 8K+
6
373
Defined Benefit Obligation
Financial Reporting
answered on 09-Jan-24 10:49
In this problem, they have specifically mentioned that rate should be used to calculate DBO only. And they have given the actual return also. Shouldnt we consider that only? Why are we still calculating expected return and adding the difference to OCI So, If this is the method, We can always consider the rate given for DBO as return on Plan assets as well?
latest answer
Both are calculated using expected returns only.
Susee Arunachalam
Qualified CA
★ 26K+
1
204