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Incomplete question in Ind AS 2 & small error in question
Financial Reporting
answered on 27-Oct-22 12:22
Module 14 , Illustration 3, Rate is 11 whereas in illustration itâ??s given as 10 and also Feb month purchase data is not provided in the illustration.
latest answer
Thank you sir .
Priya Napate
CA Final
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3
358
Course coverage
Financial Reporting
answered on 16-Oct-22 16:40
Hi sir, In the course , is past RTP, MTP,Practice manual ,Past Question papers be covered ?
latest answer
They would be covered. Most of them have been included in study material by ICAI in latest version. Balance will be added.
Varshaa N
CA Final
★ 0
2
377
Ind AS 103 Business Combinations
Financial Reporting
answered on 17-Oct-22 13:00
In concentration Test, why we don't considered Deferred Tax Liabilities but excludes Deferred Tax Assets for the Gross Assets Computation?
latest answer
Thanks for help sir, I got it
Chandu vadla
CA Final
★ 11K+
10
417
Finance cost in Financial Instruments
Financial Reporting
answered on 13-Oct-22 12:34
Can anyone explain how the finance cost were computed in the given illustration??
latest answer
Thanks for the help
Chandu vadla
CA Final
★ 11K+
3
356
Impairment check
Financial Reporting
answered on 07-Oct-22 12:57
Hai sir Doubt in when Impairment to done... As per my understanding after watching lecture IND as 38 Impairment check to be done when asset has indefinite period... My doubt is whether impairment check is also to be done for Capital WIP of intangible assets which meets the recognition and definition criteria??? Kindly clarify sir....
latest answer
Ok sir Thank you so much for reply
Barani Tharan
CA Final
★ 112K+
2
336
Difference between indefinite and infinite
Financial Reporting
answered on 07-Oct-22 12:59
Hai sir, What is the difference between indefinite useful life and infinite useful life both are same or different?? As per my understanding indefinite means assets which gives cash flows for perpetual period while infinite is also similar to indefinite Kindly clarify my doubt sir...
latest answer
Thanks for your reply
Barani Tharan
CA Final
★ 112K+
2
511
Doubt in Ind AS- 16
Financial Reporting
answered on 25-Sep-22 13:48
@Suraj lakhotia Sir in one problem u said that we will not reduce decommissioning liability from value of asset instead we need to show the value of asset at gross figure Can u pls tell why we are not supposed to show on net basis I will attach the pic of the problem
latest answer
Thank you sir
Thanusha Lakshmi
CA Final
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3
361
Financial Instruments Ind AS
Financial Reporting
answered on 16-Aug-22 10:19
What is meant by derivative and non derivate in the given images. Please help me in this regard
latest answer
Derivative - say an option contract.
Chandu vadla
CA Final
★ 11K+
2
384
Financial Instruments INDAS 32
Financial Reporting
answered on 10-Aug-22 07:27
If the Amount Payable to a loan is less than the Carrying Value of the Loan (Due to some moratorium), then it will be classified as Financial Asset or Financial Liability ?
latest answer
Liability
Chandu vadla
CA Final
★ 11K+
1
349
Hard copy Notes
Financial Reporting
answered on 09-Aug-22 23:06
Hai Sir One request whether hard copy of notes will be provided for FR?? Because it will useful for me to study rather studing in pdf files...
latest answer
Yaa I can but I have no time do it, I am doing my articleship working in Sunday's also so finding it difficult.. and for each Ind AS separate notes is been given i can't able find a consolidated one... Just a one request from my side consolidate all notes together and give it as a full notes for FR so that I can take print easily
Barani Tharan
CA Final
★ 112K+
6
377
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