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Illustration 5 - Observable Input
Financial Reporting
answered on 30-Jun-26 09:29
Hi sir, in this q, the market rate cited in the q could be an observable input right? Are we making an assumption it is not? [Video Time Stamp: 03:57]
latest answer
Ah ok, understood sir. Thank you!
Vishnu Muraleedharan
CA Final
★ 32K+
2
63
Depreciation
AFM
answered on 28-Jun-26 14:21
1. Sir, when figures are in nominal terms, depreciation is normal. if figures are in real terms depreciation will have impact of inflaion. can i summarise like this sir? 2. Sir, in method 1 we are inflating Operatring profit which is in nominal. this i could understand sir. But why we are again deflating at the end, which i could not understand sir. Can you please explain this. Thank you sir.
latest answer
Thank you sir
Selvakumar R
CA Final
★ 470
4
88
Guidance for CA Final Preparation
Others
answered on 02-Jul-26 14:21
I need guidance regarding the sequence in which I should start my CA Final preparation. My Tax was weak, and I was a bit slow in FM during my CA Intermediate journey. Considering this, would it be advisable to start with AFM, DT, and IDT first, and then move on to FR and Audit? My attempt is in 2029. Kindly advise.
latest answer
Okay. Thank you sir
Asmita Kar
CA Final
★ 7K+
6
140
EAC of new macine
AFM
answered on 28-Jun-26 10:59
Sir, EAC is calculated as if mchine replaced at year 0 and used for all years. But, sir the PVAF for cost of capital at 15% will be different if machice replaced at year 1 with usefl life of 8 years from end of 1 year. Am i wrong here sir? [Video Time Stamp: 05:57]
latest answer
In first part we computed EAC for a cycle of 8 years. Now that EACis equalised cost for any year. No matter when you replace the yearly cost will be that amount any time in next 8 years. Question of Different PVAF will not arise because you are looking at common cost called EAC from that time onwards
Selvakumar R
CA Final
★ 470
1
132
File Attached
AFM
answered on 28-Jun-26 14:22
Can we solve like this sir? [Video Time Stamp: 11:54]
latest answer
Thank you sir
Selvakumar R
CA Final
★ 470
2
120
IND AS Reference Book
Financial Reporting
answered on 29-Jun-26 22:02
Hello sir Could you please suggest some good books for IND AS , in addition to icai sm Since , i failed in my may 26 attempt I am searching for additional resources for both much better conceptual clarity and questions solving..
latest answer
Sure sir Will solve case based mcqs
Sri kanaga Varshini
CA Final
★ 3K+
8
131
Negative Sign
AFM
answered on 27-Jun-26 20:50
Sir is it okay to leave answer as negative values since it is cost or we have to ignore [Video Time Stamp: 03:19]
latest answer
you can retain it
Selvakumar R
CA Final
★ 470
1
66
FSA, multinational operation
CFA
answered on 28-Jun-26 12:30
In Min 30:55, the sum is similar to the temporal method of solving right, because only in temporal method we find the closing balance of Retained earnings and use it to find the Net income , but the teacher told it is similar to current rate method, it is bit contradictory. [Video Time Stamp: 30:57]
latest answer
It is called current rate method under multinational operations given we used the current rate for all times in balance sheet
Kaarthick Abishek
CFA L1
★ 0
4
76
Sir this Accounting standard in exam Q come or not
Accountancy
answered on 29-Jun-26 16:58
This was some Q was giving confused
latest answer
We cant predict exam questions
Roshan G
CA Inter
★ 3K+
1
90
Fsa, multinational operations
CFA
answered on 27-Jun-26 20:52
This question is module quiz 9.5, 9.6. In this question under current method the common stock has to be multiplied with historical rates right, the historical rate given in the question is 0.4545 but they have multiplied with 0.5(not at all given in the question). Pls explain
latest answer
0.5 is given . pls check 2nd last line from bottom
Kaarthick Abishek
CFA L1
★ 0
1
126