Forums
Ethics
CFA
answered on 13-May-25 15:27
Under standard 3(A) loyalty prudence and care I didn't understand the concept of proxy voting and some cost benefits must be accounted stuffs like that pls explain the whole concept of proxy wrt this standard
latest answer
Proxy means voting on behalf of your clients in AGM of companies whose shares are held by your clients In order to vote, one has to go through resolutions, understand how good bad they are and then take a decision Doing research on each company takes time. It is better they spend time on companies who shares are held in large number and on important resolutions only instead of attending every GM and voting on every resolution
Dhakshana Dhakshana
CFA L2
★ 18K+
1
147
Rule 86B
Indirect Taxation
answered on 15-May-25 11:50
Sir , Is Rule 86B applicable to Government entity ?
latest answer
Thank you Sir
Prethivi Rajan
CA Final
★ 9K+
2
201
Disclosure - Example - Tata Motors
Financial Reporting
answered on 13-May-25 11:37
Sir if we take uselife other than prescribed under companies Act, it is permitted and required to disclose. Can we do the same treatment in AS-10 too ?
latest answer
Yes
Harini Desu
CA Final
★ 2K+
1
189
Arithmetic progression
Maths & Stats
answered on 13-May-25 09:16
What should be the answer of question 15
latest answer
n=11. The answer is D
Gurukanta Singh
CA Foundation
★ 19K+
1
172
Portfolio Management-Phases
AFM
answered on 13-May-25 07:54
Sir, how can we revise a portfolio without first evaluating how the current securities are performing? Since evaluation helps identify what’s working and what’s not, wouldn’t it logically come before revision? What is the reasoning behind placing 'Portfolio Revision' before 'Portfolio Evaluation' in the sequence.
latest answer
Portfolio analysis is done which considers what is working and what is not Portfolio evaluation is done after that
Murali Thripuraboina
CA Final
★ 3K+
1
174
IND AS 2
Financial Reporting
answered on 14-May-25 11:58
Case Scenario _ A Car Dealer Purchase a car for intend to use in business purpose. In this Scenario Whether Based On Nature of Business We classified a car as a Inventory or Whether Based on Intention behind the purchase we classified as an Asset?
latest answer
Based on intention it will be classified as property, plant and equipment. Please note that inventory is also an asset.
Yeduabati Mohan Rao
CA Final
★ 2K+
1
166
Portfolio management
CFA
answered on 12-May-25 20:17
Pls say I'm right or wrong 1. Tangency between CAL and Indifference curve is Optmimal portfolio 2 Tangency between CML and Efficient frontier is optimal Risky portfolio 3. Efficient frontier is a cure where investors get maximum returns for a given level of risk or lowest risk for a given level of returns?
latest answer
Very fast thank you sir
Dhakshana Dhakshana
CFA L2
★ 18K+
2
199
Variance & SD of Cash Flows
AFM
answered on 12-May-25 15:59
In the case of computing variance when probability %,why didn't you considered the mean of Probable cash flows.
latest answer
When we have probability mean is computed as expected value which is sum of prob x respective values at that probability
Harini Desu
CA Final
★ 2K+
1
162
Equity
CFA
answered on 12-May-25 12:11
I can't understand how difference between re balancing and reconstruction in index calculations its bit confusing
latest answer
Rebalancing is change in weights Moving from live weight to equal weight etc Reconstruction is changing securities itself in the index
Dhakshana Dhakshana
CFA L2
★ 18K+
1
147
Geometric mean
Maths & Stats
answered on 12-May-25 13:51
How to solve these 3 question 1. If x, y, z are in A.P. and x, y, (z + 1) are in G.P. then (a) (x − z)² = 4x (b) z² = (x − y) (c) z = x − y (d) none of these 2. The numbers x, 8, y are in G.P. and the numbers x, y, −8 are in A.P. The value of x and y are (a) (−8, −8) (b) (16, 4) (c) (8, 8) (d) none of these 3. The nth term of the series 16, 8, 4, .... in 1/2ⁿ. The value of n is (a) 20 (b) 21 (c) 22 (d) none of these
latest answer
Q has spelling mistakes nth term is 1 / 2 power 17 what is n ans 22 check image for solution
Gurukanta Singh
CA Foundation
★ 19K+
3
190