Forums
Independence
Auditing
answered on 07-Jun-22 11:09
What is meant by independence of appearance and mind ?(in common language for easy understanding)
latest answer
Independence in mind - The state of mind that permits to give an opinion without being affected by influences that compromise professional judgment, thereby, allowing an individual to act with integrity, and exercise objectivity and professional scepticism. The auditors must opine on financial statements as per his capability and within the boundaries of the code of conduct which protects his independent state of mind. Independence in appearance - The avoidance of facts and circumstances that are so significant that an outsider would reasonably conclude that the auditor's integrity, objectivity or professional scepticism had been compromised.
Kiran Vijay
CA Final
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601
Coding decoding
Maths & Stats
answered on 06-Jun-22 21:00
Pls solve this question
latest answer
46
Jitendra Kumar
CA Final
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4
552
Number series
Maths & Stats
answered on 06-Jun-22 22:30
Pls solve this question
latest answer
Thank you
Jitendra Kumar
CA Final
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2
477
Time Value of Money
Maths & Stats
answered on 07-Jun-22 06:42
Pls solve this question
latest answer
Only books
Jitendra Kumar
CA Final
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10
443
Collection of primary data
Maths & Stats
answered on 08-Jun-22 16:09
Google doc for questions is an example for which category of collection of primary for primary data?
latest answer
Yes primary data
Sugam SM
CA Final
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475
NP value while calculating Kd
Financial Management
answered on 06-Jun-22 19:54
Why in Illustration quetion while calculating Kd, NP is current Market Price and in other question for Jan 2021 NP is considered as net proceeds even though market price is given.
latest answer
In pic other than icai material, it is based on definition of NP and In icai material pic presence of mind is required becoz as it actually redeemable on 1.4.22 but to know existing rate on 1 4.17 the existing market price is 80 ( meaning if we issue on bond we get 80 RS which is net proceeds ) and we know that redeemable at par
Hrishikesh Ransing
CA Final
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Investment
Accountancy
answered on 06-Jun-22 11:13
What is the meaning of cum-right shares? Why In those shares amount of sold right not deduct from the cost of investment?
latest answer
Market price, which exists before rights issue, is termed as Cum-right Market Price of the share. Cum-rights shares are thus, whose price include the value of right. Can you be clearer in your second part of question? In these shares, rights sold are reduced from carrying amount if market value of investments immediately after their becoming ex-right is lower than the cost for which they were acquired.
Rakesh Shah
CA Final
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1
440
Rectification
Accountancy
answered on 06-Jun-22 10:55
For the 1st , can I write ?? Bank Dr.20000 To drawings 20000 And exp acc Dr. 12000 To bank 12000 ?? But answer is : Exp acc Dr. 12000 To drawings acc 12000
latest answer
Answer
Reetikaa R
CA Final
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3
565
Itt details
Others
answered on 10-Jun-22 23:26
I am attending for itt batch from yesterday if I am not attend the remaining days how can complete it further
latest answer
Better to contact them
Seetha Ram
CA Final
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7
428
CA FINAL NEW SCHEME
Exams
answered on 05-Jun-22 19:35
I have taken FR and SFM combo for nov 2023 attempt As the syllabus is going to change will it make any difference and Can I go on with my preparation
latest answer
Go ahead with prep. Most of content will be same
Priya Namburi
CA Final
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691