Forums
free cashflow
CFA
answered on 12-Jun-26 14:53
if prepaid expenses are given in balance sheet, do I have to take into consideration while calculating the WC or just ignore it like the cash and cash equivalent?
latest answer
Pls consider It is not cash equivalent
Kaarthick Abishek
CFA L1
★ 0
1
128
Peek vs Gurney
Corporate & Other Laws
answered on 18-Jun-26 15:44
In this case, Peek can't get any compensation. But Gurney can be held liable for fraudulent issue of prospectus under section 34 since he had mens rea (guilty mind.) [Video Time Stamp: 42:39]
latest answer
ok mam thankyou
Geeta B
CA Inter
★ 9K+
2
147
Addition of Int
AFM
answered on 12-Jun-26 11:38
Sir why interest is getting added to the Principal for the next day Calculation, (i understood that it is for compounding ) but no where they have mentioned in question i guess, Correct me if i am wrong? [Video Time Stamp: 07:25]
latest answer
ICAI has asked similar questions in exams and they have used same logic. So for icai exam purposes this is an inherent assumption you have to make
JANA KRISHNA K S
CA Final
★ 2K+
1
90
About questions
CFA
answered on 11-Jun-26 20:55
In cfa some practice questions like give oka passage and ask 6-7 questions based on that matter. So this type of will come cfa level 1 exam?
latest answer
No Large Case study based question ie vignettes based q only in level el 2 and 3 2-4 lines case studies may be there for l 1
Sai Kiran
CFA L1
★ 5
1
95
Section 103
Corporate & Other Laws
answered on 12-Jun-26 10:58
Adjourned metting any change 3 days notice given. which is calculated from adjourned meeting due date or metting date ? [Video Time Stamp: 22:06]
latest answer
3 days are usually counted backward from the date of the adjourned meeting, not from the date of the original meeting.
Linga Durai
CA Inter
★ 0
1
88
Section 101
Corporate & Other Laws
answered on 12-Jun-26 10:59
in the first example 21 clear days is counded with jan 26. it is national holiday. which is covered in the 21 clear days or not? [Video Time Stamp: 09:24]
latest answer
A national holiday such as 26 January is not excluded merely because it is a holiday. Section 101 speaks of "clear days", not "working days". Therefore, Sundays and public holidays falling within the intervening period are ordinarily counted as part of the 21 clear days.
Linga Durai
CA Inter
★ 0
1
96
Section 96 to 100
Corporate & Other Laws
answered on 12-Jun-26 11:04
The above said setion has not been available in my books. it is herewith attached for your kind perusal. [Video Time Stamp: 20:12]
latest answer
It is covered in later pages kindly check.
Linga Durai
CA Inter
★ 0
1
75
Triple column cash Book
Accountancy
answered on 11-Jun-26 10:15
Jan 27 he pays by cheque for cash purchases Why we wrote the amount in Bank column in previous transactions we consider cheque as cash and written in cash column What is the difference in previous transactions and this transaction
latest answer
cheque receipts are treated as cash. Here its cheque issued. Hence directly written under bank.
KUDELLY Bhargavi
CA Foundation
★ 5K+
1
100
PM
CFA
answered on 10-Jun-26 06:39
I didnt understand this question, I have also enclosed the study material for it here.
latest answer
Credit spreads are same across sectors for companies with similar ratings - so credit spreads don’t vary Aa energy vs Aaa energy company spread will be same as Aa fmcg vs aaa fmcg company spread However if we ignore ratings Companies with high leverage have higher cr spread and companies in high risk high growth businesses have higher credit spreads And is correct only You attached 34.f instead of 34.g
Kaarthick Abishek
CFA L1
★ 0
1
86
Subsidiary Books
Accountancy
answered on 08-Jul-26 16:10
What about the topic "importance of journal"?
latest answer
less imoportan
KUDELLY Bhargavi
CA Foundation
★ 5K+
2
128