Clear CA with Shubham Keswani


Гео и язык канала: Индия, Хинди
Категория: Экономика


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Гео и язык канала
Индия, Хинди
Категория
Экономика
Статистика
Фильтр публикаций




Low on energy?

3 hacks to boost it up 🔥

1. Control your DIET

Eat less fried & spicy food. Include more fresh fruits and vegetables.

Papaya, oranges, guava, banana & apple.

Make fruit chaat and enjoy!!

2. Stay Hydrated

Keep sipping in water in regular intervals to keep your body charged up.

3. Quick Meditation Shots

Yes, after every 30/40 mins of study session switch on 5 mins timer.

Sit with eyes closed.

Observe your breath.

These shots keep you calm & fresh throughout.

Once done, take a sip of water & move on to next session.

I’ve done it all to ace my CA Exams!!

Now its your time, give your best 💯

Happy Learning ✌️




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So here our Audit Streak of daily targets gets wrapped up!!

Hope it helped you stay in touch with the subject.

Always study with the comfort that you just need 40/50s to pass.

I’m sure you will end up scoring 60+

Lage Raho Mitroooo ❤️


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Опрос
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3775 голосов


10. The norms of Extended producer responsibility (EPR) are applicable to a listed company required to do mandatory BRSR reporting. EPR norms require processing of plastic packaging waste through recycling, re-use or end of life disposal. The listed company has to register on portal of Central Pollution Control Board in this regard. Which principles requires such information?

a. Principle 1
b. Principle 2
c. Principle 3
d. Principle 4


Choose:
Опрос
  •   A
  •   B
  •   C
  •   D
3809 голосов


9. A listed company is including sustainability reporting as part of its annual report in accordance with Global reporting initiative framework (GRI) on a voluntary basis. Such reporting talks about 6 capitals of integrated reporting.

The company has launched a programme under the name of “Saksham” to standardise quality of its branch accountants spread across various towns of India including turnaround time (TAT) and operational efficiency.
Under which capital above description needs reporting?

a. Intellectual capital
b. Social and relationship capital
c. Natural capital
d. Human capital


Last 2 questions from Emerging Areas!!


Choose:
Опрос
  •   A
  •   B
  •   C
  •   D
3712 голосов


8. While reporting under an agreed-upon procedures engagement performed under SRS 4400, the practitioner’s report is unlikely to contain__________

a. Listing of specific procedures performed

b. a statement regarding restricted use of report

c. a statement that in case audit or review had been performed, other matters might have come to light that would have been reported

d. a description of areas where improvements have been suggested


Choose:
Опрос
  •   A
  •   B
  •   C
  •   D
3619 голосов


7. A Chartered accountant in practice has accepted an engagement to verify purchases of a company from related parties and report thereupon.

Which of following statements is likely to be correct in this regard?

a. SRS 4400 would be applicable in such type of engagement. The report would include assurance on findings.

b. SRS 4410 would be applicable in such type of engagement. The report would not include assurance on findings.

c. SRS 4400 would be applicable in such type of engagement. The report would not include assurance on findings.

d. SRS 4410 would be applicable in such type of engagement. The report would include assurance on findings.


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  •   A
  •   B
  •   C
  •   D
3522 голосов


6. At the time of investigation, the reviewer asked about the background of the promoters of the company.

The management explained that there was no need for this investigation.

Further, the management explained that the company has already gone through the processes of due diligence and forensic accounting in the previous years and there was no doubt raised on promoters of the company.

So, the background of promoters cannot be shared with the reviewer.

The management may refuse to share the details of promoters. Comment on this?

a. Since the company has already went through due diligence and forensic accounting in the previous years, the management may refuse to provide promoters details to the reviewer.

b. As the background of promoters has no bearing on the financials of the company, the reviewer should not ask for the details of promoters and the management may refuse to provide the same.

c. Since the company went through processes of forensic accounting in the past, and set up new processes and internal controls, the reviewer should not investigate into the background of promoters.

d. The contention of the management is not correct.


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Half time!!


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5. Can a Professional take the assistance of experts in pursuing the investigation? Choose the correct reasoning from the below?

a) Yes, Bhuvan & Co. should consider whether assistance of other experts like engineers, lawyers, etc. is necessary in the interest of a comprehensive and full proof examination of documents and information.

b) Yes, SA 620 – Using the work of experts, has a specific paragraph on using an expert’s assistance for investigation.

c) No, the objective of SA 620 is to use the work of expert for audit of historical financial statements and not for investigation purposes.

d) No, since investigation is analytical in nature and requires a thorough mind, capable of observing, collecting and evaluating facts, the usage of an expert will hinder the independence of the investigator.


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Опрос
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  •   B
  •   C
  •   D
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4. Which among the following is NOT a matter included in the scope of a full-fledged financial due diligence?

a) Cash flow.

b) Accounting Policies.

c) Brief history of the target and background of its promoters.

d) Accounting Information System.

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