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answered on 24-Jan-25 12:47

If i order audit study material for may 25 , Will i get colour study material or black and white study material ?

latest answer

You can take colour print by downloading Audit book pdf from Resources option

Sai Akash rockster

Sai Akash rockster

CA Inter

5

4

286

Arbitrage on exchange rates

AFM

answered on 20-Jan-25 19:32

Sir, can We 1st convert USD to GBP, which gives 13million GBP [20million USD * 0.65]. Then converting GBP to INR, which gives ₹1288.9 million [13 million GBP * 99.1]. And now converting INR to USD, gives 20098283.93 USD [ ₹1288.9 million /64.1]. So that gain will be 98283.93 [20098283.93-20000000]. Is this computation is correct?

latest answer

1/1.5530=0.644 whereas the q says 0.65 I would take rates that are more granular and detailed than rounded off Explained this in the video on the first few minutes

Malaivalar mangai

Malaivalar mangai

CA Final

0

1

325

Provision for Doubtful debts

AFM

answered on 20-Jan-25 16:00

Sir, In assumption 1 and 2 when calculating NOPAT the increase in profit net off tax considered because of not deducting provision on doubtful debts then why it's been added again in equity while finding capital charge sir ?

latest answer

Thank you Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

268

Query

CFA

answered on 20-Jan-25 14:12

Voice is muffled in between the video :(

latest answer

Can you share a few timestamps, because it is ok on our side. At a couple of places, we did notice voice issue due to network bandwidth on faculty's side during the actual class, but we could understand what the faculty was speaking Wanted to check if those are the issues that you are also highlighting or something else

Aayushi Bawa

Aayushi Bawa

CFA L1

0

1

234

Query

CFA

answered on 20-Jan-25 13:15

Same issue as earlier video- voice is cracked and muffled.

latest answer

Will check

Aayushi Bawa

Aayushi Bawa

CFA L1

0

1

220

Flotation cost

Financial Management

answered on 20-Jan-25 11:24

On what value is flotation cost calculated?

latest answer

Yes

Shridhara H U

Shridhara H U

CA Inter

550

5

219

Sentence Incomplete at 06.58 Mins

Financial Reporting

answered on 04-Feb-25 09:09

It is apparent that the aforesaid expenditure is directly attributable to bringing the asset to the.......

latest answer

The video is updated with full sentence. You can go through it.

Kranthi

Kranthi

CA Final

2K+

2

157

How is financial information used in accounting?

Accountancy

answered on 21-Jan-25 09:29

I'm trying to understand how financial information is utilized in accounting processes. Could you explain it's purpose and how it support decision making?

latest answer

A clothing retailer orders 500 T-shirts from a supplier for ₹50,000. The supplier sends an invoice, which the retailer records as a purchase and an equivalent Accounts Payable (liability) entry for ₹50,000. The retailer sells the T-shirts for ₹80,000 total. This sale is recorded as an increase in Sales Revenue. This is how financial information is recorded. At the end there is a profit of 30,000 which can be computed by preparing financial statements. And based on this future decisions can be taken

Pami Nharden

Pami Nharden

CA Foundation

0

2

250

Borrowing cost

Financial Reporting

answered on 21-Jan-25 09:43

So we can Capitalise the Borrowing cost so far capitalised * Capitalisation Rate But for this problem we havent done this way in the 3rd year

latest answer

Generally for debentures interest would be paid out. Hence not capitalised. Alternatively, we can take that assumption and capitalise as well.

Hemachandra D

Hemachandra D

CA Final

9K+

1

221

as 10

Accountancy

answered on 21-Jan-25 08:43

sir what if we didnt dispose it or we didnt retire it and holding it for disposal rather the asset still have the capacity to work but since the asset is completely depreciated we have to remove it from accounts point of view but in reality we still use it so i heard that company would denote 1rs as the value of asset to just to make the asset on the accounts but what is the real treatment sir or the said way is correct

latest answer

👍

N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

3

175