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Direct Entry Eligibility

Others

answered on 21-Jan-21 08:23

How the CGPA to Percentage conversion is done for calculating the min. 55%/60% for direct entry in CA Intermediate? Is there a standard conversion process or ICAI follows a certain method?

latest answer

Generally multiplied by 9.5 if CGPA is out of 10.

Deepak Gupta

Deepak Gupta

CA Inter

1K+

1

987

Financial Statements of Companies

Accountancy

answered on 21-Jan-21 09:32

where to disclose "Preliminary Expense" if given in 1) Trail balance 2) P&L account ?

latest answer

Preliminary expenses are not shown in balance sheet. They are written off.

Sai Krishna

Sai Krishna

CA Final

9K+

2

756

Query related to items bring for examination

Exams

answered on 20-Jan-21 22:50

Do we need to bring mask and hand sanitiser in this exams too as nov exams or not required?

latest answer

We have to wear mask and use sanitizer's

Venkatesh .

Venkatesh .

CA Inter

4K+

1

738

Mcq

Exams

answered on 21-Jan-21 14:21

How to get mcq

latest answer

You can refer to specific subject in CA INter by changing profile. We will be adding MCQ for CMA soon

Muhammed Riyas

Muhammed Riyas

CMA Inter

2K+

3

732

I'm registered for both groups, can I only attempt one?

Exams

answered on 20-Jan-21 17:32

I have come to the decision that I am not adequately prepared for group and hence won't be writing it, is there any way to cancel my group 2 attempt only?

latest answer

U can't cancel group 2 now... You can skip group 2 exams...

Kishore Anil

Kishore Anil

CFA L1

2K+

5

1K+

Calculation of new profit sharing ratio

Accountancy

answered on 20-Jan-21 17:41

How to calculate the new profit sharing ratio for the below problem

latest answer

Thanks for your suggestion bro

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

8

789

Debentures

Accountancy

answered on 20-Jan-21 13:15

Where to show debentures in balance sheet?

latest answer

Yes

Indhumathi M S

Indhumathi M S

CA Final

7K+

3

654

Sec 8 company

Corporate & Other Laws

answered on 20-Jan-21 11:47

For conversion of sec 8 company to Pvt / Public company, Central Govt's persmission is required. What if the central govt rejects such conversion and the shareholders do not want to continue the operations of the sec 8 company?

latest answer

Central government may order to wound up or will amalgamate the company with some other sec 8 company carrying out similar objectives

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

572

Perpetual succession of OPC

Corporate & Other Laws

answered on 20-Jan-21 11:54

If the members, directors and nominee of the OPC die, the OPC continues to exist. But how will it function if there's no one carrying out its operations? What is the point of keeping it alive on papers?

latest answer

That's "one of it's kind questions "... Maybe legal representatives of deceased member will become the member of the opc. Company can come to an end only in accordance with the provisions of law i.e winding up and dissolution... So if no one is there to run the company then the legal representative of the deceased member may file with the registrar an application for winding up the company...

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

927

Buyback

Accountancy

answered on 20-Jan-21 19:09

In share outstanding test = 25 percent of outstanding shares know sir . Can we consider preference shares also sir .

latest answer

yes

M Naresh

M Naresh

CA Final

3K+

1

625