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Is segment reporting covered in SA-501?

Auditing

answered on 10-May-20 07:04

How? Can anyone explain?

latest answer

Refer to the notes/videos. If you have any specific doubt, we can address that.

K.V. Karthik

K.V. Karthik

CA Inter

34K+

3

743

Book keeping

Accountancy

answered on 08-May-20 16:25

Accounts

latest answer

Ok thank you

Sheethal Sudhakar

Sheethal Sudhakar

CA Foundation

820

4

797

When difference of opinion arises among engagement partner, engagement team, quality control reviewer engagement team should follow whom and why?

Auditing

answered on 08-May-20 13:42

Options are firms policy and procedures Majority of engagement partners Engagement partner Quality control reviewer

latest answer

Thanks

K.V. Karthik

K.V. Karthik

CA Inter

34K+

2

1K+

Indirect tax

Others

answered on 09-May-20 07:36

Can I buy video now to study for nov.20 it is all amamnedmendt included ....

latest answer

You can buy that is up to you

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

6

745

preparation plan for exams

Exams

answered on 08-May-20 14:58

Sir, Due to lockdown many of the students are not able to focus on studies. Kindly suggest us any strategy or study plan to clear this attempt For me,i have to attempt ca ipcc group 2 in august 2020

latest answer

We had done a video on this topic last week. You can find the same in YouTube live section of the app. You can check it out.

Prasanthi Bura

Prasanthi Bura

CA Inter

6K+

1

767

Who enjoys more freedom in strategic decision making?

Strategic Management

answered on 10-May-20 07:03

Govt/non govt strategists.

latest answer

In government organisations, a lot of strategy is driven by what the government wants to do.

K.V. Karthik

K.V. Karthik

CA Inter

34K+

3

3K+

Time of supply in case of vouchers

Indirect Taxation

answered on 08-May-20 21:13

In case of non identifiable vouchers for partly use of vouchers Let us assume I have voucher of Rs2000/- with a validity of 1 year which I can use for partly payments. What is the time of supply in such cases?

latest answer

Each transaction of redemption.

sai krishna teja

sai krishna teja

CA Inter

940

1

728

I have an interesting question on AS 9 for you.

Accountancy

answered on 08-May-20 14:08

Daikin Ltd sold an air conditioner to Mr Y for Rs 57,000 on 01/01/2020. The customer was informed that the AC would be installed on 07/01/2020 and installation fees would cost an extra 1,500 rupees. The customer agreed. Daikin Ltd also got the customer to enter into an AMC with the company for 3 years. The AMC, costing Rs 5,700, promised 1 free of charge maintenance every year for next 3 years. Discuss how should Daikin Ltd account the above figures for year ended 31/03/2020.

latest answer

Sale of AC accounted in for year ended 31/3/20 in full Rs.57,000 as seller has transferred the property in the goods (significant risks and rewards in ownership) to the buyer for a consideration Installation fees accounted for year ended 31/3/20 in full Rs.1,500 under Completed Service Contract Method as rendering of services under a contract (only for installation) is completed. AMC charges Rs.5,700 should be accounted under proportionate completion method, that is spread over the period of AMC. The proportionate amount related to 2019-20 should be accounted for the year ended 31/3/20

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

734

Notes

Strategic Management

answered on 07-May-20 19:03

Is the notes provided by you is sufficient for exam perspective? Thanks in advance

latest answer

Yes.

Vishwanath Tadur

Vishwanath Tadur

CA Inter

2K+

1

787

House property query

Direct Taxation

answered on 10-May-20 09:51

4 houses in one building is considered as one house property or 4 house property ??

latest answer

Considered as one house property

CA Lakshmikiran

CA Lakshmikiran

CA Inter

0

10

795