Forums
Current assets
Accountancy
asked 2 hrs ago
In current assets Sir was reduced 100 in 340 why not they reduced in 300 340 includes current liability, so we have to reduce it from 300 Is that correct, then balance sheet will not tally
latest answer
No answers yet!!
Shivashankar Jawai
CA Inter
★ 930
0
18
Section number and rule number
Indirect Taxation
asked 4 hrs ago
Is it mandatory to write the section number and the rules in exam ??. Will they reduce marks on account of this?
latest answer
No answers yet!!
Akshay Shabu
CA Final
★ 800
0
24
regarding cash outflow
Financial Management
answered 3 hrs ago
sir while calculating cashflows for machine abc in rental option you said that penalty is cash outflow then while computing total pvco why did you add it instead of subtracting sir???
latest answer
Rent is an outflow and penalty is also an outflow all cashflows are outflows only hence all cash flows are added
PreneshRaj
CA Inter
★ 0
1
32
SA 505
Auditing
answered 4 hrs ago
Please give brief about these four points
latest answer
Thank you brother
Eswar Aakash
CA Inter
★ 57K+
2
48
Syllabus
Others
answered 18 hrs ago
Is there any syllabus addition for jan 2025 exams as compared to september 2024 Can we just follow the same material applicable for september exams
latest answer
Same material
Sai sruthi
CA Inter
★ 540
1
47
Derivatives Black Scholes Model Illustration 4
AFM
answered 2 hrs ago
Sir, why is the answer solved like this. e^-1.0005 cant be same as e^1.0005?? e^-1.0005 will be same as 1/e^1.0005 only nah???
latest answer
Yes
Rahel Rayu
CA Final
★ 3K+
3
50
Amendments
Direct Taxation
answered 21 hrs ago
Latest amendments are applicable for Jan25 attempt or same like sep25 attempt.
latest answer
Thank you sir
Short Video
CA Inter
★ 745
2
55
SA-320
Auditing
answered 21 hrs ago
In SA 320, while deciding materiality level we use % of benchmark, Like 1% of revenue or net profit like that, The result of that will give materiality level for transactions or class of transactions. How to decide materiality level for the financial statements as whole?
latest answer
benchmark will give materiality for the financial statements as a whole. Then for individual class of transaction, balances, a lower limit can be set considering the risk involved. that is called as performance materiality.
Varun Endukur
CA Final
★ 4K+
1
55
SA-328
Auditing
answered 21 hrs ago
In SA 320, while deciding materiality level we use % of benchmark, Like 1% of revenue or net profit like that know, The result of that will give materiality level for transactions or class of transactions. How to decide materiality level for the financial statements as whole sir?
latest answer
there are two concepts- materiality for financial statements as a whole and performance materiality.
Varun Endukur
CA Final
★ 4K+
1
55
Deposit
Corporate & Other Laws
answered 1 day ago
If company accepted deposit on 1/11/2020 Company didn’t accept any deposit after that Will company have to file return of deposit on 2021, 2022, 2023 every year ?
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
1
61