Forums
Variable return calcn
AFM
answered on 15-Apr-24 15:43
While calculating variable return part, we are multiplying the change in sensex value directly with initial portfolio value i.e., 400crs....however, in Q2 the actual returns would be on the Portfolio value at end of Q1..(400+4.818= 404.18cr in this case)....why do we directly consider on the base portfolio amount in Swaps?
latest answer
This is from May 2018 old syllabus RTP https://1fin.page.link/MgRY94VqXtRqEBY17 The point what you said is right if the swap is structured as a Variable Notional equity swap - in the given case we are not told that the notional amount will vary. So we will consider the notional amount to be fixed at Rs.400 cr
Priyanka Udeshi
CFA L1
★ 14K+
1
352
statistics
Maths & Stats
answered on 16-Apr-24 09:08
mutually exclusive classification is usually meant for
latest answer
Two or more events that can not be happen simultaneously
RAVITEJA MERUGU
CA Foundation
★ 740
2
315
Bc
Financial Reporting
answered on 15-Apr-24 19:01
While re measuring existing share in case of step acquisition resultant amt transfer to pl or oci if ind as 109 applies . but what if entity applies ind as 27 measure at cost there is no re measurement gain ?
latest answer
P&L
Ravi Teja
CA Final
★ 20
1
295
Ind AS 37 Video No 22
Financial Reporting
answered on 15-Apr-24 19:11
U Ltd is a large conglomerate with number of subsidiaries. In this question I can understand provision entry calculation. But Parent company subsidiary company information why given I am not able to understand this.
latest answer
Impact on consolidated FS.
swaminathan sundaram
CA Final
★ 110
1
411
Spot price
AFM
answered on 15-Apr-24 12:43
Previously in Q27 (similar timing difference sum of module) we had taken S0 as the investment value of 250Lacs and considered the same in working of p. But in current question S0 is considered to be PV of savings. While I think PV ought to be S0, but was the same taken to be the investment value in previous sum?
latest answer
In Q 30, upward probability is calculated on 3000 and downward on 333. 3000 = 450/15% and 333 = 50/15% In Q 27 upward probability is calculated on 350 and downward on 120 350 = 35/10% and 120 =12/10% In both cases savings are per year forever In Q 27 denominator is higher of pv of current savings or investment i.e 210 or 250 so we chose 250 in Q30 denominator is higher of pv of current savings or investment i.e 1000 or 1667 so we chose 1667
Priyanka Udeshi
CFA L1
★ 14K+
1
274
AS4,5 treatment
Accountancy
answered on 15-Apr-24 18:53
what should be answer for this question in attached image? What happen if insurance policy cover is also maintained with provision for debtors?
latest answer
If insurance policy is maintained by the company, it will be a contingent asset. And will be recognised as income when the insurance company approves of the claim.
Shubham .shubham
CA Inter
★ 885
1
268
Nominee of an OPC
Corporate & Other Laws
answered on 16-Apr-24 15:13
What if the member and nominee of the opc dies at the same time. Will the OPC be liquidated or government takes over the OPC.
latest answer
In a case where both the member and nominee of the OPC die, the OPC will be transfered to the legal heir of the member and in case there is no legal heir will be transfered to appropriate government body.
Sai Dhanush Reddy
CA Inter
★ 160
5
420
Amendments
Indirect Taxation
answered on 15-Apr-24 09:23
Sir when will we get amendment videos
latest answer
https://www.youtube.com/live/3kiDLCdWn5U?si=XSSUONZGATp96B0a
Pavan B R
CA Final
★ 4K+
1
300
Dividend decision walter model
Financial Management
answered on 15-Apr-24 19:47
More explanation on solving the 2nd part of the question attached
latest answer
Please be more specific in asking what is the exact doubt and in mentioning the timing of the video
Divya Venkataraman
CA Inter
★ 280
1
156
Cost accounting system (integral account)
Costing
answered on 11-May-25 15:56
Y in this question the Stores ledger control account,Work in progress control account, finished goods account and prepaid production overhead account opening balance are debited..in trial balance opening balance of these accounts is given in Credit side only right
latest answer
It's printing mistake. Those 2 columns are inner and outer columns not debit , credit columns
Lavi Lavanya
CA Inter
★ 6K+
1
299