Forums
Appendix A Events
Financial Reporting
answered on 09-Jan-25 10:00
Sir what it means, c) An increase that reflects the passae of time (Unwinding of the discount)
latest answer
Increase that has happened due to adding interest (time value of money)
Hemachandra D
CA Final
★ 9K+
1
240
Excel sheet in Chapter -2 - Risk Management
AFM
answered on 09-Jan-25 09:35
The excel sheet provided in second chapter (Risk management) is protected. Kindly provide the password for the same.
latest answer
All our spreadsheets are password protected as these are our IP Regret cannot share passwords
Priyanka K
CA Final
★ 36K+
1
177
Intangible assets
Accountancy
answered on 09-Jan-25 08:49
Ans is b ...how ? Method? As - 26
latest answer
It should be amortised using a systematic basis reflecting pattern of consumption of economic benefits. So 35% * 5,00,000 = 1,75,000
Lucky Ten
CA Inter
★ 0
2
209
Repayment of government grants
Financial Reporting
answered on 07-Mar-25 14:59
In the first illustration, the grant is related to income. But in the slide you mention it as the grant related to assets and their respective treatment.
latest answer
The video is updated.Please check it.
Pavithra S J
CA Final
★ 9K+
2
191
Tax rates
Direct Taxation
answered on 09-Jan-25 10:38
sir in the example you said tax rates for default tax regime upto 3L -nil 3L-7L -5% 7L-10L@10% but in the ICAI study material the tax rate is upto 3L - nil 3L to 6L- 5% is given ?? 6L to 9L@10% which tax tax should taken and applied sir??
latest answer
Thank you sir.
bharathipriya
CA Inter
★ 3K+
5
288
Option - American & European
AFM
answered on 08-Jan-25 17:48
If not mentioned in 2 period binomial questions, should we assume it to be European?
latest answer
Yes
Durai Murugan
CA Final
★ 470
1
184
Option -Risk neutral probabilities
AFM
answered on 08-Jan-25 16:17
How many decimal points are advisable when using P = (e^rt-d)/u-d ? If no need to present u and d separately, can we solve directly by Su(P)+So(1-P)=Current spot*e^rt?
latest answer
Decimal points - pls consider 4 Yes you can solve using formula you mentioned
Durai Murugan
CA Final
★ 470
1
203
Question 12
Financial Reporting
answered on 08-Jan-25 17:38
Sir, Why transactions on Acquistion date to be recorded in foreign currency? as Global Ltd functional currency is Rupees only.
latest answer
We converted to INR Calculation is basis Euro.
Gunda Sharan
CA Final
★ 150
1
185
Do we have to compulsorily use continuous compounding method or can we use simple interest method as well?
AFM
answered on 08-Jan-25 13:28
Do we have to compulsorily use continuous compounding method or can we use simple interest method as well?
latest answer
If value of e is provided u have to use continuous compounding In real life that is what is used
Manu Jacob
CA Final
★ 6K+
1
237
Classification on modification - Illustration 50
Financial Reporting
answered on 15-Jan-25 15:17
Sir, till [timestamp 14:53], I understood well. But afterwards it slightly confuses. 1. Aren't we supposed to check the classification that would have been made at inception, had the modified T&C already been in place? Then why did we check it as on date of modification (i.e., beginning of Y2)?
latest answer
Okay, sir. Got it. Many thanks.
Denz Philip
CA Final
★ 10K+
4
187