Which of the following statements is most accurate about the responsibilities of an auditor for a publicly traded firm in the United States? The auditor must: A.state that the financial statements are prepared according to generally accepted accounting principles. B.ensure that the ...
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Certain portions of Alternate Investment are missing in the pre-recorded lectures like J-curve, Non-leverage return, Multiple of invested capital, PE-fund sums and calculations. But it’s given in the Core questions. I’ll be appearing for the Aug25 L-1 and was recommended ...
In the derivative LM4 CW-3 class, sir mentioned this notes. I was confused with that notation because r > d means forward is at premium. So how come DC will be at premim in contango effect???….I got confused. Please help ...
Can somebody explain this question without using the formula
I was going through the incremental notes of AI, I stumbled upon the two performance appraisal methods Calmar and MAR methods. I would like to know the difference between the two.
What is the correct answer of this question? Solution says non current items (Option B) But, as per Sanjay sir dictated class notes. Answer is current items. Can anyone tell what is the correct answer?
Hello, The answer for this question is B. Can anyone give an explanation on the three options? I did not understand how the A and C options are correct and B is wrong
Arnab_DasIntermediate
Idhar US GAAP or IFRS mention nhi kiya hai…!! According to US GAAP: Undiscounted expected cashflow (22,000) > carrying value (20,000), So NO IMPAIRMENT TEST but according to IFRS: Carrying value > recoverable amount. Recoverable amount = MAX[(FMV – cost to sell), Value ...
Hi everyone, Can anyone explain why interest and taxes are ignored while calculating CFO through indirect method??