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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

Shubham .shubham

CA Inter

885

1

283

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

Sai Dhanush Reddy

CA Inter

160

5

435

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

Pavan B R

CA Final

4K+

1

317

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

Divya Venkataraman

CA Inter

280

1

169

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

Lavi Lavanya

CA Inter

6K+

1

313

TIMING OPTIONS

AFM

answered on 14-May-24 11:24

in the calcn of option value, since it is akin to American call, why do we not take Cd as 0 since payoff is -130L??

latest answer

Updated Q 30 Thanks for highlighting

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

4

236

Amalgamation of companies

Accountancy

answered on 15-Apr-24 09:24

Explain the whole question with solution.

latest answer

What is your doubt?

Avantika Gupta

Avantika Gupta

CA Inter

2K+

1

154

Dividend in Black Scholes model

AFM

answered on 14-Apr-24 22:08

Inn the question of growth option, we have subtracted D (0.0667) from calcn of D1 as well as considered it in working of C0.....whereas in ICAI Illus 3 solved earlier where BSM model was used in part 4 of that sum dividend was directly reduced from S0 and adjusted S0 was used for the working...can you pls explain the reason/ logic behind that.

latest answer

If dividend is given as an absolute value subtract PV from So. Else use the Method I explained in Ill 24 growth option( i.e adjustment in BSM formula including spot and d1). Dividend is a reduction in the price of a forward contract or for that matter any derivative - whether it is does on absolute basis or adjustment to yield basis depends on the data given in the question - ideally & in real world it is be done as adjustment to yield and change in BSM formula for d1as well

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

1

388

AS 23

Accountancy

answered on 24-Apr-24 19:30

IN Cae 3, while calculating carrying amount of investment on March 31, why they have reduced goodwill and capital reserve supposed to be Rs. 8000 is not done net off ?

latest answer

Thank you so much, Sir. I was waiting to clear this doubt.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

2

375

SA 805

Auditing

answered on 15-Apr-24 19:51

If the complete set of financial statements contain qualified opinion and we can give unmodified opinion on Single Financial statement and State the modification in other matters . Was my understanding correct ma'am ?

latest answer

Thank you ma'am

M Naresh

M Naresh

CA Final

3K+

2

323