Forums
reversal of impairment loss
Financial Reporting
answered on 09-Feb-26 17:07
sir, if in the question if they gave the cfs for year ended 2019. we shall calculate the recoverable amount and compare the carrying amount as if no impairmaint loss as occured. difference amount is transferred right sir ? [Video Time Stamp: 24:08]
latest answer
Can you elaborate your question.
santosh durgapu
CA Final
★ 2K+
1
11
balance of 3 lakhs
Financial Reporting
asked on 06-Feb-26 11:38
sir, is balance amount of 3lakhs can transfer to revaluation surplus [Video Time Stamp: 05:45]
latest answer
No answers yet!!
santosh durgapu
CA Final
★ 2K+
0
12
MTP 1 Sept 2025
AFM
answered on 06-Feb-26 13:38
In this question, why have they not calculated the FRA amount using our settlement amount wala formula they have only calculated the numerator part while when I was solving i calculated settlement amount using our usual formual
latest answer
IN this question, they are not asking us to compute FRA settlement value - they are asking what is total cost of borrowing if an FRA is entered into and a futures contract is entered into. Even if FRA is net settled on fixing date, firm will actuall borrow for 6 months and the FV of the FRA settlement value is adjusted to int cost of eventual loan - even then you will get the same answer
Hrishikesh Pradhan
CA Final
★ 18K+
1
19
Business law Chapter 1 Indian regulatory framework
Corporate & Other Laws
answered on 06-Feb-26 14:12
Mam,In this particular chapter which topics are most important for exam and in this chapter they will ask case studies or direct questions and for how many marks
latest answer
Ok mam thank you
Harshitha J Kulkarni Kulkarni
CA Foundation
★ 0
4
42
Advanced Capital Budgeting
AFM
answered on 05-Feb-26 06:16
Sir, i had a query in respect of presentation, here they have calculated SD an all figures are in lakh, if I do it without rounding off, I.e SD of 8540000 the answer comes obviously different but if did SD of 85.4 L then answer matches with them, in exam how to identify if have to take full figures or how ?
latest answer
exactly
Hrishikesh Pradhan
CA Final
★ 18K+
3
25
Advanced capital budgeting decision
AFM
answered on 05-Feb-26 13:19
In this problem, why do we account for inflation in the after-tax cash flows, which already include depreciation? Does inflation affect depreciation in this case?
latest answer
Thank you for clarifying sir
Divakar P
CA Final
★ 320
6
26
Mutual Fund Dividend Equalization Problem
AFM
answered on 05-Feb-26 14:19
Sir in earlier, for these types problems you have solved in different method.(That method is so easy) Should i solve by this new method or old method in exams. Please suggest me as how examiner will valuate. [Video Time Stamp: 24:06]
latest answer
Ok sir, Thank you
G Chandrakanta
CA Final
★ 14K+
2
31
Study partner
Others
answered on 12-Feb-26 23:47
I am working professional preparing for CA Inter Group 1 (Sep 2026 / Jan 2027). Looking for a dedicated study partner for daily targets, accountability, and consistency till exam.
latest answer
Ok, I am working professional too. Contact me on 9738128737
kravel
CA Inter
★ 2K+
1
64
Valuation Rule 28
Indirect Taxation
answered on 09-Feb-26 12:14
Sir, for suppose when Karachi Bakers (TG) is sending goods to (MH) for further supply, it is treated as supply. Now, if (TG) wants to opt for the 90% of the price charged from the recipient, how can he choose to opt for that provision if: For goods sent for the month of October, he has to pay the output tax by 11th of November. If (MH) Bakers sold those goods in December, he (TG) will only know the price in December. Then how can he choose to opt for that provision, i.e., 90% of the price charged from the recipient, when he doesn't know the price yet? I mean, there will be a tax payment conflict! Is this right? [Video Time Stamp: 24:31]
latest answer
We will not see the price of same goods we will see the price of goods of like kind and quality.
K Vamshi
CA Final
★ 14K+
1
21
SA 580 - WR
Auditing
answered on 05-Feb-26 18:46
At 8:07, it is said that if the management gives a public statement/disclosures, then no separate WR is required. However, earlier it was discussed (under what does not form a WR-like books of accounts, financial statements, etc.), it was told that public disclosures too are not part of WR Then what's the difference? [Video Time Stamp: 06:18]
latest answer
Initially public disclosures means- Financial statements ,Notes to accounts, Annual report disclosures , Public announcements Which are: • Intended for shareholders/public, • Not specifically addressed to the auditor, • Not provided to fulfill SA 580 requirements. If management has already made a clear public declaration, asking them to repeat the same in WR may not always add incremental value. But technically, public disclosure still does not become WR.
Vasudha TK
CFA L1
★ 70
1
31