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Accountancy
answered on 22-Jan-25 12:34
Illustration 5 on indirect method interest paid under finance cost is financial activity right...then y don't u exclude it from calculating cash flow under operating activity
latest answer
S sir I watched thank you
dhivya annam
CA Inter
★ 1K+
2
202
Allocation of Impairment loss to asset with in CGU
Financial Reporting
answered on 21-Jan-25 09:59
Sir, Here carrying amount after allocating impairment loss is reduced below recoverable amount na? Like for B, CV is 700 but recoverable amount is 900 Please clarify
latest answer
The recoverable amount of B is after considering allocation of amount of corporate asset X.
Gunda Sharan
CA Final
★ 150
1
222
Difference on ceiling
Financial Reporting
answered on 21-Jan-25 10:01
Timestamp: 11:32 Sir, in the books, how can we treat the difference ₹ 4,150 (i.e., ₹20,000 - ₹ 15,850)?
latest answer
It will reduce the carrying amount of asset and booked as a loss.
Denz Philip
CA Final
★ 10K+
1
156
IRRM - Illustration 12
AFM
answered on 22-Jan-25 21:50
Sir, in this question initial LIBOR rate is not given and payment on 1st interest reset date (31/12/2013) should be based on the rate on 1/07/2013 but rate on 31/12/2013 is taken for interest computation. In my understanding, the rate for the next payment is fixed now & interest along with the payoff from cap, if any will be paid after 180 days (unlike FRA, where it's discounted and paid at beginning). In the previous illustration 11 also (where the last LIBOR of 1.75% is ignored as it is not relevant), the same view is taken but this illustration contradicts the logic. Kindly clarify sir.
latest answer
Ok sir
Vigneshwar M
CA Final
★ 2K+
4
174
Lecture 35 - Illustration 23 - Revised PAT Computation
AFM
answered on 18-Jan-25 22:04
Sir, in this question, the shares are being bought back at a premium of 10% to the market price. Shouldn't the premium on buy-back also be deducted to compute the Revised PAT for the purpose of computing the revised EPS?
latest answer
Premium
Vignesh Panigrahi
CA Final
★ 1K+
1
147
cashflow
Accountancy
answered on 27-Jan-25 23:37
sir in video 22 of cashflow statement u named loss in sale of fixed asset as add financial activity in operating part but even though it is financial activity item its also non cash right sir so we are not going to anything with that even in financial activity part of calculation so wouldnt that be better if we mention it as a non cash item and add the loss back. so can i do that. thanks for clearing my doubt in advance sir
latest answer
thanks sir
N.V Karthikeyan
CA Inter
★ 1K+
6
197
Book order
Others
answered on 18-Jan-25 15:05
Shall I Order only group 1 book through cds portal using coupon and second group book while appearing for group 2 exam? Whether the coupon will valid after a year?
latest answer
Ok thank you sir
Abi KVA
CA Final
★ 2K+
2
208
CA final attempt
Exams
answered on 18-Jan-25 22:22
I have joined for articleship in aug 2023 and I'm planning to take termination and join in other firm keeping medical reasons So there will be gap of 3 months Will I be eligible to write my ca final in May 2026 Pls explain the eligibility principle to appear in ca final exams
latest answer
Actually one of my collegue joined industrial training now only she was also in 2nd year of articleship That's why I asked
bhargavi pandu
CA Final
★ 8K+
17
554
IFM - Illustration 18
AFM
answered on 18-Jan-25 15:49
1. While calculating year 4 cash flow, can we consider working capital recovery directly as MUR 8 million which is slightly different from MUR 7.89 million (1.5402 crores / 1.9526)? 2. Is it necessary to consider working capital for the 4th year as it is will be recovered in the same year? (Impact will be 0) 3. Interest on debt isn't considered assuming loan is taken by vishwas and not aerious. But revenues & costs in real term are given excluding only the depreciation. Moreover as we using inflation adjusted cost, Is it okay to assume interest is already included in expected costs and it is calculated on inflation adjusted interest rate?
latest answer
Yes
Durai Murugan
CA Final
★ 470
4
166
Answers to the illustration
Indirect Taxation
answered on 20-Jan-25 23:09
In the hard copy of the material provided for every chapter there is illustrations provided where do i find the answers for those questions ?
latest answer
You need to solve them. Do let us know if you have any doubt in any question. They are all past exam questions.
Subiksa Sreeniddi
CA Final
★ 680
1
181