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Deferred tax on goodwill and revalued assets
Financial Reporting
answered on 02-Jan-24 20:46
In case of revaluation of assets on business combination, DTA/DTL is accounted at the time of business combination or during the year end after asset is depreciated? Video Details Course: Ind AS - CA Final Module: Ind AS 12 Income Taxes Section: DT at time of Initial Recognition of GW
latest answer
Both
shamanth rm
CA Final
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1
577
Write short notes
Accountancy
answered on 03-Jan-24 12:48
Highest relative capital method
latest answer
It's a method settlement between partners in a partnership while it's dissolution
Sandeep Gupta
CA Inter
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1
624
CA FOUNDATION LAW EXAM
Corporate & Other Laws
answered on 10-Jan-24 20:50
Was that STIFLING PROSTITUTION QUESTION OUT OF SYLLABUS??????
latest answer
Noo it is from legal object and consideration
Prathmesh Kharul
US CMA All
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580
ESOPs
Accountancy
answered on 06-Jan-24 15:45
There are two methods for solving when ESOPs get lapsed before vesting (unvested options lapsed). One is to arrive at the net value which is (current year cumulative value minus previously charged, the excess will be charged to general reserve) & the other way is to arrive at that is finding out the value of unvested options in the previous years and charging them to general reserve first after which current year's cumulative will be found out and previously charged will be deducted from that, the excess will be charged to Esops o/s. Be it any method, ESOPs is going to be the same, but general reserve will be different in each method. Is that not a problem, both are recommended Video Details Course: Paper 10 - Corporate Accounting & Auditing (CAA) - (New) Module: Accounting of Shares and Debentures Section: Illustration 6 - Part 3
latest answer
No problem
Deena Sriram
CMA Inter
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6
511
Cost of capital
Financial Management
answered on 03-Jan-24 11:20
Video no. 27, Illustration no. 22, sir in the question, it is given 'dividend at the end of current year' so is that D0 or D1?
latest answer
okay sir. thank you so much
Roobashree Rajagopal
CA Final
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416
Updated return
Direct Taxation
answered on 02-Jan-24 14:25
No updated can be filed "if any proceeding for assessment, recomputation Or revision of income is pending or has been completed for the relevant assessment year" What does it mean " if assessment is pending or completed, then who will be eligible?
latest answer
It means that if any proceedings are taken up by AO and they are pending or completed then updated return cannot be filed
Mansha Tutlani
CA Final
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3
462
Illustration 35 Equity Valuation SFM
AFM
answered on 02-Jan-24 11:32
Dear sir, In this particular Illustration, an assumption is taken that the FCFE has grown already by 10% in 2022 Instead of taking the next 3 years i.e. 2023 2024, and 2025. Video Details Course: Advanced Financial Management - AFM Module: Security Valuation - Equities Section: Illustration # 35 - FCFE
latest answer
You can take that assumption as well.
Vanacharla Sai Pavan Kumar
CA Final
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Schedule III P&l
Accountancy
answered on 02-Jan-24 09:31
Where should loss or profit on sale of investment should be shown
latest answer
Other Income (Whether it's net profit or net loss) Net of profit and loss will be reported.
Guru Raja Prabhu L
CA Inter
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479
Ca final classess
Others
answered on 02-Jan-24 15:32
My ca final attempt is in Nov-24. I have completed classes of fr sfm audit and idt.. Now I don't understand what classes I should take more becoz of no clarity of self paced modules.. Advice plz
latest answer
Complete DT and then focus on SPOM.
Sai Teja
CA Final
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514
Calculation of Return
AFM
answered on 01-Jan-24 21:47
While we calculate return, the logic behind deducting Opening NAV from Closing NAV is clear but why do we add gains and deduct expenses while calculating return %. Because this addition/subtraction would have been considered while calculating Closing NAV. So, isn't it double calculation. Video Details Course: Advanced Financial Management - AFM Module: Mutual Funds - SFM Section: Illustration - 3
latest answer
Understood Sir ! Thank You
Hrishikesh Pradhan
Qualified CA
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546