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Ind AS 41

Financial Reporting

answered on 05-Feb-24 12:08

Cost to sell a cow Rs.1100 in the year 4?

latest answer

Yes. I guess I have considered 1000 in video.

iyshwarya Suresh

iyshwarya Suresh

CA Final

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Ind AS 41 Agriculture

Financial Reporting

answered on 05-Feb-24 13:26

During the 4th year as on 31/3/20X2 fair value less costs to sell Rs.1100 will come sir i think so in the question 1100 there but you solved using Rs.1000. Am I Correct or Wrong?

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Thank you for your reply sir

iyshwarya Suresh

iyshwarya Suresh

CA Final

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245

Consolidated financial statements

Financial Reporting

answered on 07-Feb-24 11:23

Sir, in tyk of the study material, question 8 why don't we add the increase in the fair value 100 to the inventories?

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Can you post the question as well pls.

Swathi Krishna

Swathi Krishna

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377

management test

Accountancy

answered on 05-Feb-24 12:46

in management test company choice how many no. of. number of segment as a reportable segment

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Yes.

Raliya Kani

Raliya Kani

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241

AUDIT RISK

Auditing

answered on 05-Feb-24 08:27

Why not fourth option?.. because Audit risk is also affected by Quality Control..

latest answer

Hmm...thank you bro:)

Sr the Unique

Sr the Unique

CA Inter

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3

429

Framework on prepation and presentation of FS

Accountancy

answered on 06-Feb-24 07:55

How to calculate present value factor?

latest answer

Ok sir

Harshavardini

Harshavardini

CA Inter

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8

407

political risk

AFM

answered on 04-Feb-24 15:07

I couldn't understand that how multilateral agencies counter the political risk?

latest answer

Thank you sir.. I understood

Harini Desu

Harini Desu

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443

Including extension of contract as part of lease term

Financial Reporting

answered on 06-Feb-24 19:32

In the entity I'm currently auditing, lease contract states lock in period of 2 years and further extension of 1 year at discretion of lessee. However, while accounting for leases as per IFRS 16, only 2 years is considered as lease term. Is it because the duration is longer and we cannot estimate with reasonable certainity about continuation?

latest answer

okay

Dhvaritha Ravishankar

Dhvaritha Ravishankar

CA Final

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261

Lessor having option to terminate lease

Financial Reporting

answered on 06-Feb-24 19:30

If lessor has option to terminate contract and it is likely to be exercised then do we include it in the lease term? There is no clarity on the lessee's part if the lessor may or may not terminate the contract within the rights as per agreement. So why do we consider it as part of the lease term?

latest answer

understood sir, thank you

Dhvaritha Ravishankar

Dhvaritha Ravishankar

CA Final

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523

Advanced Capital Budgeting

AFM

answered on 06-Feb-24 11:10

Sir can solve the first part of tyk 07 of the study material like this?

latest answer

okay sir

Swathi Krishna

Swathi Krishna

CA Final

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