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Cash flow statement, dividend paid

Accountancy

answered on 23-Apr-22 16:27

Why is the dividend paid not added back to the net profit for arriving at the operating cash flow,as it a non operating expense(icai illustration 8)

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Thanks sir

mani charan

mani charan

CA Final

3K+

7

468

material applicability

Exams

answered on 23-Apr-22 16:35

can we use material mentioned as relevant for may 2021 onwards..

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Also law.

sreekanth naidu

sreekanth naidu

CA Inter

360

5

495

Sec 56&58

Corporate & Other Laws

answered on 24-Apr-22 05:24

Why this qsn is focusing on issuing Newly transferred share certificate...? While there is another actual qsn about "private co. Having restrictions on transferring shares " ....!! Why did they jump off to issue related to issuing certificate by leaving the matter of restrictions in private companies..?? Image1&2

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Thank you mam

Divya K

Divya K

CA Inter

885

2

402

Sec 71 debentures.

Corporate & Other Laws

answered on 23-Apr-22 13:12

What that "55" is stating...? Is it mean that, 13th point is not applicable in case of private companies..???

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Thank you

Divya K

Divya K

CA Inter

885

2

402

Management of working capital

Financial Management

answered on 23-Apr-22 18:58

In this sum we can do in both ways

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OK sir thank you so much

Miradevi S

Miradevi S

CA Final

16K+

2

615

Doubt

Financial Management

answered on 23-Apr-22 18:59

Is there is any difference between working capital and net working capital?

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Thank you sir

Miradevi S

Miradevi S

CA Final

16K+

2

451

amalgamation and sale of partnershipfirm

Accountancy

answered on 24-Apr-22 23:46

in question no:8 , why the goodwill has not brought into partners capital accounts?

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thank you sir. for clarification. i got it

Thalanki Balaji

Thalanki Balaji

CA Inter

0

5

404

Buy back sec68.

Corporate & Other Laws

answered on 23-Apr-22 10:40

Can you confirm, "paid up capital" includes Preference shares also...? In point (c) ....

latest answer

Yes Sec 2(64) defines â??paid-up share capitalâ?? or â??share capital paid-upâ?? means such aggregate amount of money credited as paid-up as is equivalent to the amount received as paid-up in respect of shares issued and also includes any amount credited as paid-up in respect of shares of the company, but does not include any other amount received in respect of such shares, by whatever name called; Neither does it restrict to equity nor does it exclude preference

Divya K

Divya K

CA Inter

885

2

409

Why is remittance out of lottery winning are prohibited?

Corporate & Other Laws

answered on 24-Apr-22 07:26

Any reason why it has been prohibited? And income from racing/riding..why they have put prohibition on these casual income??

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Thanks mam

vasabattula abhinav

vasabattula abhinav

CA Final

85

3

2K+

Audit of borrowings

Auditing

answered on 23-Apr-22 10:50

Sir I didn't understood this can you pls explain sir

latest answer

Ultimate beneficiary is the end beneficiary of the source transaction. A financial intermediary refers to an institution that acts as a middleman between two parties in order to facilitate a financial transaction. Amendments in Audit Report Rules and Accounts Rules require the following new disclosures regarding camouflaged lending or investment, that is, where out-bound or inbound loans, advances and investments are intended to be routed through an entity (who works as a channel/ conduit), masking the identity of the ultimate beneficiary. These transactions are undertaken by a company for some identified beneficiary. They do not take place between the company and the ultimate beneficiary directly, but is masked by the inclusion of an intermediary acting as a conduit entity (an entity acting on the instructions of the company for channelizing the funds to any other entity identified by the company).

Pandusml V

Pandusml V

CA Final

4K+

2

484