Forums
Repo rate doubt
AFM
answered on 18-Apr-24 20:57
Is answer wrong on Interest calculation part as they Calculate interest accured on current market price ?
latest answer
Ha yes calculation error
Ravi Teja
CA Final
★ 20
2
396
how to add 2 two more sessions in study planner
Others
answered on 22-Apr-24 09:49
attached screenshot for reference only two sessions are showing while making plan
latest answer
You can update it through edit option.
GOKUL KOLATE
CA Inter
★ 1K+
2
309
Consolidation
Accountancy
answered on 22-Apr-24 09:43
In balance sheet b4 revaluation y u have considered loans and advances as assets General we use to assume it as liabilities only Kindly explain me plz
latest answer
Loan means the company has taken loan from bank, financial institutions etc. So it will be shown under liability. Loans & advances means it is given by company to subsidiaries, employees, financial institutions etc. which can be shown as asset in the balance sheet.
nive krish
CA Inter
★ 255
1
322
Debentures in Amalgamation
Accountancy
answered on 21-Apr-24 19:23
I am little confused when debenture arises in amalgamations.. can anyone say whether debentures shall include in purchase consideration ? And wherever the debentures shall include ?
latest answer
If debentures are given to shareholders - then part of purchase consideration If debentures are issued to settle the existing debenture holders - not a purchase consideration.
Jashvanth.K
CA Inter
★ 11K+
1
447
Wcm
Financial Management
answered on 19-Apr-24 07:30
In this pq 14 why finished good is valued on basis of cos but not on cop
latest answer
Usually the cos will be taken for computing FG Stock usually because it comprises of all the cost that we related to bring that FG. In the case of WIP we will consider COP .
Ramya Telikicherla
CA Final
★ 6K+
1
307
Standards of Auditing
Auditing
answered on 18-Apr-24 22:32
For Audit , what are the applicable SA for may24.There are so many SA , it's not possible to do all of them. For exemption in audit, is it necessary to do all SA or not ?
latest answer
😀👍
pradyumna hariramani
CA Inter
★ 290
15
385
Whether to complete all AS SERIES once then move to other chapters?
Accountancy
answered on 21-Apr-24 22:30
Sir Whether to complete all AS SERIES once then move to other chapters?
latest answer
Sure Sir,, Thank you..!
GOKUL KOLATE
CA Inter
★ 1K+
6
389
CTP implication in GTA
Indirect Taxation
answered on 22-Apr-24 09:17
Casual taxable person is coming under the definition of specified person. if GTA opts to pay GST @5%. Then how can CTP will be exempt as per the flow chart given?
latest answer
Unregistered CTP then only it is exempt. Kindly read the previous point above the table.
Chandu vadla
CA Final
★ 11K+
1
376
Notes
Indirect Taxation
answered on 18-Apr-24 14:53
Sir I am not able to open the GST full notes sir?..can you please send me the pdf sir?..
latest answer
Refer this
shanthini hariharan
CA Inter
★ 10K+
1
425
As 1
Accountancy
answered on 22-Apr-24 15:26
What is the context of ICD here…what does that mean What is non provision interest ? Can someone explain this qsn in simple language..
latest answer
ICD - Any amount received by a company from another company falls under the category of ICDs. These are unsecured short-term loans provided by one corporation to another Non provision interest - Company is not paying interest
Sushmita Chowdhury
CA Inter
★ 2K+
1
298