Forums
SPOM Module SET C and D
Exams
answered on 04-Nov-25 22:48
Hi, I cleared CA Intermediate in the Nov'23 attempt and have joined articleship under the 2-year scheme. whether SPOM Set C and D are applicable to me.
latest answer
No
Jitendra Kumar
CA Final
★ 41K+
1
96
Persuasive VS Pervasive
Auditing
answered on 10-Nov-25 08:11
mam, i have been coming across both of these terms, which i searched online for their meanings. Persuasive is something making belive and Pervasive means wide spread of something. In the video lecture you have used both the terminologies, can i request clarification with respect to both the terms in the context. like which term be used where? [Video Time Stamp: 00:46]
latest answer
understood , thank you mam
Vinod Kumar
CA Inter
★ 11K+
2
128
Cost of Capital
AFM
answered on 04-Nov-25 18:17
Sir even though calculating Ke by 1/PE Ratio is rationally wrong. Cant we do it in this problem 1/7.5 =13.3%? [Video Time Stamp: 03:06]
latest answer
Very true sir😂. Sure sir Understood
Shreyas Nayak
CA Final
★ 0
2
66
Capital Gearing Ratio
AFM
answered on 04-Nov-25 13:39
Sir, here in this formula, shouldn't we consider the reserves amount to be 32 Lakhs plus the 6.21 lakhs (as computed in the previous working note). Because retained earnings is also a part of the reserves right. Moreover if is this is considered the Numerator would be 104 Lakhs and Denominator would be 118.21 Lakhs (80+32+6.21). Then the CGR would be 0.879. Is this analogy correct or wrong? [Video Time Stamp: 14:12]
latest answer
Understood sir. Thank you.
Shreyas Nayak
CA Final
★ 0
4
91
Certificate
Others
answered on 08-Jan-26 13:30
Do we get any certificate for tally and excel sir?
latest answer
Project is inside the course. Once you complete the course, let me know as a reply to this forum
Viveka R
CA Inter
★ 3K+
8
121
Blank Confirmation (INSIGHTS)
Auditing
answered on 04-Nov-25 11:39
I feel like blanck confirmations are the ones which have higher chance to rise exceptions. Because the client might one data with in books which the third party is unaware, also the party might have unupdated data vested with him, which when asked to fill in blank confirmation request form, the party may provide the wrong data. this will lead the auditor spend more time in performing additional audit procedure, investigating the exceptions. [Video Time Stamp: 02:44]
latest answer
Yes. Blank is a part of positive confirmation . So it’s more reliable than negative confirmation.
Vinod Kumar
CA Inter
★ 11K+
1
66
NEGATIVE CONFIRMATION - PERSUASIVE?
Auditing
answered on 04-Nov-25 12:01
Mam in just the previous lecture, you've mentioned that a Negative confirmation is less persuasive in nature. But in this video, you say that, it is Persuasive evidence??? Please Clarify in this regard. [Video Time Stamp: 10:06]
latest answer
Thank you for the positive confirmation mam 👍
Vinod Kumar
CA Inter
★ 11K+
4
76
Compulsorily Convertible Preference Shares
Financial Reporting
answered on 06-Nov-25 11:05
Sir, in the lecture it has been explained that the PV of the liability component will be computed by discounting the dividend outflows at the market rate (15%) and not at the EIR (15.86%) [@ 8:00 mins] and after that we apportion the transaction cost between the liability & the equity component. But Sir since EIR is already considering the transaction cost, can't we directly discount the cash flows using the EIR since we will get approximately the same answer. PV of liability component discounted @ 15% (INR 5,02,823) 'minus' Proportionate Transaction Cost (INR INR 10,056) = INR 4,92,767. PV of liability component discounted @ 15.86% = INR 4,92,752. [Video Time Stamp: 07:54]
latest answer
Yes we get the same answer. That also can be done.
Vignesh Panigrahi
CA Final
★ 1K+
1
83
Illustration 37
AFM
answered on 04-Nov-25 10:48
Why the cost is taken same for 3 years . It can also be convert into present value know.... [Video Time Stamp: 01:37]
latest answer
Expenses have been taken as given and adjusted with salvage value -PV of that net amount has been computed If you are asking are amounts of Rs.3K of taxes and 30K, 35K & 43K maintenance - these amounts are given at current prices. We did compute these costs at NPV as explained above after adj for salvage value EAC has been computed only after that Check screenshot below:
Hemanth kumar Kapuluru
CA Final
★ 2K+
1
69
Illustration 53 - Requirement of Financing component?
Financial Reporting
answered on 06-Nov-25 11:07
In the Illustration 53, as the payments are received on monthly basis but the license is used for 2 years i.e., more than one FY. Is there any requirement to identify the significant financing component in the transaction?? [Video Time Stamp: 06:30]
latest answer
if the timing of payments provides either the customer or the entity with a significant benefit of financing - basically if it has significant financing component, then we should compute PV. In most cases the subscriptions would be cancellable on a month to month basis. Hence discounting is not done.
Immanuel Babu
CA Final
★ 5
1
77