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AFM
answered on 14-Jun-24 10:02
Hi sir! At what value of 'R' we can say that the market exhibits no efficiency?
latest answer
if r value is above 11 or below 4 i.e outside the limits of 5% & 10% t values
Mergu Nikhil
CA Final
★ 2K+
1
174
Fruit Trees
Financial Reporting
answered on 14-Jun-24 09:36
Whether Fruit trees are bearer plants?
latest answer
Covered in Ind AS 16
Swathi S
CA Final
★ 975
2
192
cost with respect to Bearer Plant
Financial Reporting
answered on 14-Jun-24 09:39
What is the treatment of expenses incurred with respect to bearer plant under Indas 16, Whether should it be capitalised in the books? If not, What else the treatment for the same?
latest answer
Capitalised.
Swathi S
CA Final
★ 975
1
257
Bearer plant
Financial Reporting
answered on 14-Jun-24 09:40
Bearer plant is outside the scope of Indas 41, but agricultural produce from the bearer plant at the time of harvest would be treated as under Indas 41. Am I right, sir?
latest answer
Bearer Plants - Ind AS 16 Fruits at the time of harvest - Ind AS 41 Subsequent usage of fruits for say further processing - Ind AS 2 Inventory.
Swathi S
CA Final
★ 975
1
335
Settlement
AFM
answered on 14-Jun-24 16:08
Hi sir, In case of futures we should do net settlement right sir ? But why in this question we are doing delivery in part 3 and part 4.
latest answer
Unless they specify Exchange traded - pls assume the market refers to OTC only
B. Dinesh
CA Final
★ 3K+
5
323
uneven cash flows
CFA
answered on 04-Jan-26 12:32
I didnt understand this sum, please explain.
latest answer
No take pv as 1000 and pmt as -150 Fv as 0 y as 8 and cpt n you will get 9.9
Kaarthick Abishek
CFA L1
★ 0
7
300
surcharge
Direct Taxation
answered on 14-Jun-24 09:02
Is the surcharge calculated on 112 also?
latest answer
Yes
Sravani Tutta
CA Inter
★ 2K+
1
189
Margin given as absolute values
AFM
answered on 13-Jun-24 21:55
Hi sir, in case of margin is given as absolute number for eg, 20 paisa. then where to add it at INR quote i.e. USD/INR or final quote CHF/INR ?
latest answer
In real world all margins are added to USD INR But icai has its own take on this Chapter 10 - page 10.75 https://resource.cdn.icai.org/77516bos62312.pdf
B. Dinesh
CA Final
★ 3K+
1
243
Schedule 3 of Companies Act 2013
Financial Reporting
answered on 14-Jun-24 09:45
Dividend paid on equity shares where to show in profit and loss statement. Finance cost after that depreciation and amortisation. Can I show dividend on equity in Finance Cost
latest answer
Dr. Retained Earnings Cr. Dividend Payable
swaminathan sundaram
CA Final
★ 110
3
243
Illusn 14
Financial Reporting
answered on 14-Jun-24 10:29
The solution for this question is solved differently by ICAI, can you please explain the diff?
latest answer
The assumption taken here is that the issuer would settle in cash. if we assume that it is settled in equity, then the liability component would change accordingly.
Priyanka Udeshi
CFA L1
★ 14K+
1
268