Forums
Audit risk
Auditing
answered on 06-Aug-21 10:49
How are audit risk and materiality related?
latest answer
They are inversely related. If the level of materiality increases the audit procedures to be performed will decrease and hence audit risk increases On the other if the level of materiality decreases the audit procedures to be performed will increase and thereby the audit risk can be reduced
Aman Mahajan
CA Final
★ 19K+
2
516
Amalgamation of companies
Accountancy
answered on 05-Aug-21 10:43
How does the concept of paid up capital work in amalgamation mainly when purchasing company issues shares at a value based on paid up capital?. For eg. ( Have attached the of the question)
latest answer
Can you clarify your query In the question attached - shares are issued at face value 20 and question states 18 paid up that means Rs.2 are yet to be called... and Rs.4 as premium.... So 5 shares of value 22 (18+4) is taken as consideration.... so 1 prefernce share in old company = 5 x 22 of new company
Rithani R.C
CA Inter
★ 4K+
1
527
Doubt
Accountancy
answered on 05-Aug-21 11:47
Sir why security premium and CRR cant be applied for payment of unpaid amount on any shares held by existing shareholders ..? As it is also like bonus issues right?
latest answer
Issuing bonus shares are not same as making unpaid into fully paid up shares..... Technically the no. of shares doesnt increase for making unpaid to fully paid but for issuing bonus shares, no. of shares will increase SR & CRR are to be used across for all shareholders in case of bonus shares to transfer the benefit in place of dividend.... Unpaid amount is the liabiltiy due from shareholder
Sri kanaga Varshini
CA Final
★ 3K+
2
669
NOTES
Others
answered on 18-Aug-21 13:41
I want to take a Xerox of the Direct and Indirect Taxation notes available in the notes section. I was told that the notes would be updated by the end of July. Can I take the Xerox of the notes or there are some additions to be made in the notes. If there are some additions are to be made, then by what time will the notes be totally updated for Nov 21 attempt?
latest answer
Mostly by this month end.
G Mohammed Mushtaq
CA Final
★ 15K+
13
724
Theory of Demand and Supply
Economics
answered on 04-Aug-21 12:51
Sir, What does it mean in microeconomics that Goods are divisible ?
latest answer
Thank you so much sir!
Harshavardini K B
CA Inter
★ 6K+
2
627
Are videos of all subjects , specifically EIS and Audit provided by you enough to study?
Information Systems
answered on 04-Aug-21 12:21
Hello Sir/Ma'am, Are videos provided by you for all subjects enough for learning and will this videos be enough for writing exams? Specifically Audit and EIS videos .
latest answer
Thank you sir.
Ayush Sonaiya
CA Inter
★ 1K+
4
622
Logarithms
Maths & Stats
answered on 04-Aug-21 14:07
Page 1.40 Additional question bank Number - 63
latest answer
Make use of log properties mainly log a/b = log a - log b and log m^n = n log m. Simplify 8 as 2^3, 25 = 5^2 etc. Try once and if stuck, write here again. Answer will be 0. As they will cancel out.
Chris Topher
CA Foundation
★ 5
1
523
Income consumption curve
Economics
answered on 04-Aug-21 15:22
While explaining equilibrium, income is on x axis and consumption is on y axis ,but again why is there taken income as 45°curve
latest answer
I fell in love with your teaching sir, thanking Indigolearn for such a teacher like you
Paidala Harish
CA Final
★ 2K+
4
853
Partnership
Accountancy
answered on 05-Aug-21 10:04
If we try to make Bank A/c for this question how would it be please give solution
latest answer
Please write the description of entries in the account. Please ensure even for practice you present the answer properly, that will help you
Priyanka Udeshi
CFA L1
★ 14K+
3
501
Debit and credit
Accountancy
answered on 05-Aug-21 10:27
Sir, What is meant by debit and credit?
latest answer
Tnx
Varshini Kasi reddy
CA Inter
★ 3K+
5
640