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How in Qualified opinion fs gives true and fair view

Auditing

answered on 05-Sep-25 10:22

@3.01 why it gives true and fair view In qualified opinion of modified catagory which is material mistated [Video Time Stamp: 03:08]

latest answer

Qualified opinion is when we have misstatements identified in an area which is material but not pervasive: so everything is not mistasted. we use the language, ‘ Except for the matters given in Basis for Qualified Opinion paragraph, the FS give a true and fair view.

Sri Kanth

Sri Kanth

CA Inter

650

1

107

Npv

AFM

answered on 29-Aug-25 12:52

Sir will it be correct if we use incremental cash flows in question no. 39? [Video Time Stamp: 00:05]

latest answer

Ok sir thanks

Akshat Sharma

Akshat Sharma

CA Final

510

2

112

Slab rate & surcharge rate

Direct Taxation

answered on 31-Aug-25 18:34

What slab rate surcharge rate is applicable for the September 2025 examination ?

latest answer

Same as May 2025 examination. No change.

VIGNESH M

VIGNESH M

CA Inter

0

1

119

IND AS 2

Financial Reporting

answered on 03-Sep-25 20:19

Carrying value is 10 p.u, NRV is 8 p.u and Firm Contract to sell is 10 p.u, In case of Firm contract to sell if it can be net settled then can we consider it,

latest answer

This question came today!

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

4

127

Input tax credit

Indirect Taxation

answered on 28-Aug-25 13:42

As per section 17(4) ITC option given to Bank Whether 50% On eligible ITC includes RCM??? Or RCM can be full availed?

latest answer

Even for RCM - Only 50% is allowed.

Pradeep Ravikumar

Pradeep Ravikumar

CA Final

1K+

1

117

Length of service calculation in gratuity

Direct Taxation

answered on 28-Aug-25 13:52

Could you please let me know if the length of service for situation 1 payment of Gratuity Act applicable is right or not

latest answer

We will always consider number of completed years of service or part thereof exceeding 6 months.

Pranav Raju

Pranav Raju

CA Inter

2K+

1

132

reg interest of borrowings

Financial Management

answered on 28-Aug-25 10:58

is there any interest for the borrowings of 12777? [Video Time Stamp: 18:10]

latest answer

where is 12777? time stamp please.

ANIRUDH  CPR

ANIRUDH CPR

CA Inter

180

1

106

Replacement decision

AFM

answered on 29-Aug-25 12:52

Sir can we solve this problem using EAC also? As EAC for replacement after one year is (40004) and in case of replacement to be made now it is (70000), hence it is evident that we should replace it next year only. [Video Time Stamp: 13:56]

latest answer

Ok sir thanks

Akshat Sharma

Akshat Sharma

CA Final

510

4

134

Financial Instruments

Financial Reporting

answered on 29-Aug-25 20:54

Sir, Why this question is considered to be AT MARKET TERMS? Since while customers making security deposit we treated it as AT OFF MARKET TERMS?

latest answer

Thankyou sir

R M

R M

CA Final

3K+

6

113

How to calculate if goodwill is not separately given in this question?

Financial Reporting

answered on 01-Sep-25 09:55

Will they provide consideration amount? [Video Time Stamp: 18:06]

latest answer

They will provide necessary information for goodwill computation.

G Chandrakanta

G Chandrakanta

CA Final

14K+

1

115