Forums
WCM
Financial Management
answered on 21-Jul-25 10:41
Please explain why in the below sum WIP is 9.4
latest answer
Provided in page 9.36 Wages have fixed and variable components of ₹5 per unit 40% fixed (rs2) and 60% is variable ( rs.3) wages fixed costs are now apportioned over double the number of units (48000 vs 24000) so per unit FC is rs.1 instead of Rs.2 Material costs there is a 10% supplier discount hence it falls from 6 to 5.4
Sai sruthi
CA Inter
★ 640
1
106
Introduction to Ind AS - Specific aspects of Schedule 3
Financial Reporting
answered on 21-Jul-25 11:22
How will the Performance Guarantee & Counter guarantee will be disclosed in Financials ? [Video Time Stamp: 31:14]
latest answer
Performance guarantees are usually considered contingent liabilities and disclosed in notes to accounts.
Uthara K J
CA Final
★ 0
1
132
Non repayment awards
Financial Reporting
answered on 21-Jul-25 14:25
In last example Whatever pre combination amount ( In that ex 320 ) is considered as part of Pur con (P.C) right sir then why DR employee expense 320 journal is passed sir ? [Video Time Stamp: 17:30]
latest answer
It is a case of non-replacement awards. Means that the acquirer is not obliged to replace the awards. Because it is not obliged to replace, we treat as an employee benefit expense and not as part of purchase consideration.
Sowmitha C
CA Final
★ 4K+
1
201
what is the difference between associate company and holding company?
Corporate & Other Laws
answered on 20-Jul-25 19:07
both the type of companies have control over other companies, what is the difference between them? [Video Time Stamp: 05:30]
latest answer
>=20
Netra Tumuluru
CA Inter
★ 2K+
2
215
Diluted EPS
Financial Reporting
answered on 21-Jul-25 14:27
Sir in this Question we are computing Basic and Dilutive EPS for the years 20X2 & X3, But the question mentions conversion of loan stock to Equity can be done from X6 to X9, Can we consider in this case as on X2 & X3 it is potential Equity [video Time Stamp: 20:29]
latest answer
Yes. They are considered as potential equity.
R Yashwanth Kumar
CA Final
★ 87K+
1
185
Allocation of Goodwill
Financial Reporting
answered on 21-Jul-25 14:37
Goodwill sometimes cannot be allocated on a non-arbitrary basis to individual cashgenerating units, but only to groups of cash-generating units. Each unit or group of units to which the goodwill is so allocated: (a) represent the lowest level within the entity at which the goodwill is monitored for internal management purposes; and (b) not be larger than an operating segment as defined by paragraph 5 of Ind AS 108 ‘Operating Segments’ before aggregation. Sir can you explain this again and what do they mean by lowest level of entity
latest answer
Tabular explanation for better clarity. If lower level goodwill is being monitored, impairment testing to be done at that level first.
Hariharan Ravichandran
CA Final
★ 2K+
2
213
Calculation
Indirect Taxation
answered on 22-Jul-25 11:22
So, generally anti subsidy duty is calculated on what amount ? Let us say in exam they are silent, will it be calculated on Assessable value or landed cost [Video Time Stamp: 18:08]
latest answer
Assessable value
Hrishikesh Pradhan
CA Final
★ 18K+
1
160
Ind AS 24 Related Party Disclosures
Financial Reporting
answered on 21-Jul-25 15:14
XYZ is a parent of PQR Ltd. PQR Ltd. has two subsidiaries: P Ltd. and Q Ltd. ABC Ltd. has subsidiaries: A Ltd. and B Ltd. If Mr. X is KMP of, a) XYZ, Is he a related person to PQR, P, Q, ABC, A, B? b)PQR, Is he a related person to XYZ, P, Q, ABC, A, B? C)P, Is he a related person to XYZ, PQR, Q, ABC, A, B?
latest answer
Thankyou sir
Durai Murugan
CA Final
★ 470
3
144
lecture no.26 : SUNK COST - (Historical costs)
Costing
answered on 21-Jul-25 15:26
Sir, i have a very specific query regarding Sunk Cost, wrt decision makings. By the end of this lecture , it was concluded that sunk costs lays no role in decision making process. But all the way to till the conclusion of this chapter, it was been taught that costing helps in taking managrial decisions. But suddenly in this lectures, the word costing is termed in its traditional name "historical cost", and which was later termed to be helpless in decision making. {MY INSIGHT} Is it due to the specific situation, where the validity to recover the cost has been concluded and hence, taking into consideration of such cost is no more meaningfull and hence termed as Sunk Cost.? Please guide me with this. Thank You sir
latest answer
The amount of cost you incurred to pay ticket is a sunk cost. You could save time by not watching the movie. Now this cost should not be considered for future decision making (i.e to continue to watch or not) However, if there is a cost being incurred in future or say a variable cost, such costs will be considered for decision making.
Vinod Kumar
CA Inter
★ 11K+
3
147
Dividend
AFM
answered on 20-Jul-25 08:58
Sir, in ICAI material page 9.9, they have given an example where they have used the formula (P-I)e^rt, where I is the present value of the income flow during the tenure of the contract. In the same example they have given dividend per share not the yield percentage. Just after the example, they have again rewritten this formula as Pe^n(r-y). Here they are saying y is the percentage yield. In this particular question also, we are following the second formula as we have the yield rate is given in the question. So my doubt is, do we need to follow the second formula if the dividend is given in percentage form and use the first formula if the dividend is given in Rupees? [Video Time Stamp: 05:52]
latest answer
Yes when yield is given it is continuous compounding and when direct int rate is given it is discrete compounding You can convert a discrete number to continuous value also, explained in one of the later problems
Abhijith K B
CA Final
★ 5
1
163