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IND AS 103

Financial Reporting

answered on 17-Feb-24 15:25

Sir, in case if the acquisition of shell company which does not have any integrated set of activities and assets and thereby not constituting as business. Still do we have to consolidate it ?

latest answer

For shell company, it will be treated as incorporation of a new entity rather than acquisition of business. Principles of consolidation would apply

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

451

Audit strategy audit planning audit programme

Auditing

answered on 13-Feb-24 18:21

Can any one explain 3rd point in a simple English

latest answer

Thank you bajaj garu

Mr M

Mr M

CA Final

3K+

2

403

What is the study approach for practical and theory subjects

Maths & Stats

answered on 16-Feb-24 10:33

I am a CA foundation student I have a query whether it is necessary to READ modules in practical subjects like mathematics or not. WHAT IS THE RIGHT APPROACH FOR THEORY SUBJECT AND PRACTICAL SUBJECT PLEASE GUIDE ME STEP BY STEP

latest answer

Practical subjects - definitely go through icai material - pls solve all questions from icai material theory as well as practical - pls go through classes, make own notes and solve all probelms - in addition attempt 3-4 mocks before exams

Ab Devliear

Ab Devliear

CA Foundation

3K+

1

378

Cost sheet

Costing

asked on 13-Feb-24 15:54

Why there is no per unit cost for closing stock of finished goods?

latest answer

No answers yet!!

jasmin ameena

jasmin ameena

CMA Inter

5K+

0

160

Derivatives - Illustration 18

AFM

answered on 13-Feb-24 20:35

While calculating future why didn't they adjust the time factor for the yield. They hv deducted 13800*4.8%*50% instead of 13800*4.8%*6/12*50%

latest answer

Entire index stocks pay 4.8% in a year half of these stocks pay in next 6 months and bal 50% in 6 months after that WE know payment is made is 6 months not the exact date of payment

Preethi Yerramsetti

Preethi Yerramsetti

CA Final

0

1

151

Exam form

Exams

answered on 13-Feb-24 13:25

I cleared group 1inter in old syllabus. For may 24 while filling exam form do I have to select unit 2D or group 2

latest answer

Thanku sir

Muthu Rahul

Muthu Rahul

CA Inter

0

4

378

Derivatives

AFM

answered on 13-Feb-24 13:53

17 illustration in derivative analysis 8A, dividend is deducted from net return. But mr.v is not required to pay any dividend, then why is he is deducted from return ???

latest answer

When you have sold some one something that you don't have, they will not be eligible to get benefits of the item you sold. Instead of shorting something say you had sold a share that you already had, then the buyer is entitled to dividend. Now because buyer has not received dividend, you have to pay them dividend.

Preethi Yerramsetti

Preethi Yerramsetti

CA Final

0

1

179

Illustration 34

AFM

answered on 13-Feb-24 12:06

As h model suggests linear decline in growth rate then how in this question h model is used for absolute decline in percentage.

latest answer

linear mean by a fixed amount is it reduces by a fixed % every year then it is non linear Series 1 is a fixed % reduction (30%) which is non linear ( sort of a curve) Series 2 is reduction by fixed amount ( 1) which is a line

Ganesh Akula

Ganesh Akula

CA Final

0

1

321

Presentation of working notes

Accountancy

answered on 13-Feb-24 11:02

Sir, how do we present the working notes ? In some problems, it was presented in first step and another sum it was presented in after the some, so can you give the clarity of where to present the working notes in examinations ?

latest answer

You can write working notes before or after.

Jashvanth.K

Jashvanth.K

CA Inter

11K+

1

173

Study Approach

Others

answered on 13-Feb-24 11:03

Hello all, I am preparing for CA Inter G1, my attempt is on Nov2024. My concern is how to study on daily basis, do I want to take notes while watching lectures or just watching lectures for getting conceptual clarity and study from the Indigo learn study material. Please anyone can assist me on this

latest answer

Thank you sir, you're response are much useful

036 137

036 137

CA Inter

4K+

2

365