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Ind as 12

Financial Reporting

answered on 24-Apr-24 14:49

In ill 5 there is Rou asset we initially recognised. this is not a part of business combination and it neither effect accounting profit or taxable profit at the time of recognition so all conditions satisfied why dont we consider as exception to dtl

latest answer

Exception is for intial recognition and not for subsequent recognition.

Ravi Teja

Ravi Teja

CA Final

20

3

269

Profit sharing ratio

Accountancy

answered on 31-Mar-24 11:19

According to the video can we take 1:1:1 every time if new or old PSR is not given

latest answer

Yes it's possible

Arjun

Arjun

CA Inter

8K+

3

440

Doubt regarding refund of tax adjustment

Accountancy

answered on 13-Mar-24 13:48

Please explain the treatment regarding refund of tax. Im getting answer as 42600 , when i added 1000 rupees refund of tax

latest answer

Pls share your working.

Parvathy Ajith

Parvathy Ajith

CA Inter

0

1

340

Eps calculation

Financial Management

answered on 02-May-24 12:17

Sir for Indifference point Eps calculation of Plan I and II of EBIT amount Rs. 50000, EPS of plan I is Rs. 0.2 (25000/125000)

latest answer

The error has been rectified - thanks for highlighting

ANITHA DINAKARAN

ANITHA DINAKARAN

CA Inter

5K+

4

182

Mutual Funds illustration -14 ( AFM compiler )

AFM

answered on 13-Mar-24 19:28

Sir , Here for short term gain calculation we need to deduct cost know sir from matured Value . But you have deducted Reinvested net annual value . It means we are Evading tax on dividends know ?

latest answer

In this question as per prevailing IT act LT is units held for greater than 1 year which are exempt from tax. ST is applicble on dividend received in last 1 year re invested in units. hence tax is computed only on those units

M Naresh

M Naresh

CA Final

3K+

1

339

Some chapters missing

Auditing

answered on 12-Mar-24 18:42

1) Special features of audit of different entities 2) Audit of banks 3) Ethics These chapters classes are not yet uploaded

latest answer

These will be uploaded in the next two weeks

Akshaya Devaraj

Akshaya Devaraj

CA Final

8K+

1

168

Financial Instruments

Financial Reporting

answered on 13-Mar-24 14:37

In Financial Instruments there is topic Derivatives and Embeded Derivatives as of now i didn't completed AFM Derivatives chapter can i listen that topic now or listen after AFM

latest answer

Yes you can start.

Surya Prakash

Surya Prakash

CA Final

19K+

4

318

IRR

Financial Management

answered on 15-Mar-24 14:50

IRR for project B I taken 30% For me IRR 22.637 % In our video sir u taken 25% IRR was 21.2148% sir I can't understand this

latest answer

Okay sir

Eswar Aakash

Eswar Aakash

CA Inter

57K+

2

160

Non Cash Assets

Financial Reporting

answered on 13-Mar-24 05:14

If IND AS-10 Applicable in non Cash dividend? Then it is Adjusted or Non Adjusted Event?

latest answer

Bro if it was approved before reporting date then we account for . if After reporting date means we dont consider

Surya Prakash

Surya Prakash

CA Final

19K+

1

286

Po

Financial Management

answered on 12-Mar-24 15:12

Chapter 4( topic cost of equity share capital)in this topic in divided price approach and earning price approach Po is issue price or market price . Means if in question issue price and Market price given then which one used as Po.

latest answer

Market Price

Jiya T

Jiya T

CA Inter

10

1

318