CAclubindia Articles
Period of Preservation of Accounts
CMA Gul S 17 September 2007 at 22:43Central ExciseDaily Stock Account of goods produced must be maintained for 5 years immediately after the financial year to which such records pertain Maharashtra Value Added Tax Rules Every Registered Dealer must preserve all books of account, regis
Case study on IS Audit
Ravi Satpal 16 September 2007 at 01:16Case study on IS Audit You are chartered accountant in practice who has recently passed the ISA Exam. Your firm has received an inquiry from a Public Sector Bank for submitting a proposal for IS Audit. Key highlights of the inquiry are:Software Packa
Identifying Risk
CA Nikita 15 September 2007 at 15:07Identifying RiskBy Kallman, James Creating a risk management program is a critical prerequisite to measuring risk. But once we have a clear understanding of our organization's goals, the risk associates who will help and the standard operating
Do's & don'ts of working with Auditoes
CA Nikita 15 September 2007 at 15:05The Do's and Don'ts of Working with Auditors by Carol WoodburySOX, PCI, ISO.. You're going to have to work with auditors eventually. Whether you're working with an auditor who's performing an internal \nor external Sarbanes-Oxley (SOX) audit, a Paymen
OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADA
CMA Gul S 14 September 2007 at 14:01OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No
Single window clearances envisaged for SEZs
CMA Gul S 14 September 2007 at 14:01The Union Minister of Commerce & Industry called for a coordinated effort by all stakeholders so that SEZ Scheme can fulfill its objectives and is implemented efficiently by the State Governments by providing single window facilities and all othe
Infrastructure MFs are flavour of the year
CMA Gul S 13 September 2007 at 14:38It's not just the infrastructure sector that is witnessing fund inflows from a cross section of investors, including private equity players, for the past year. Schemes floated by mutual funds (MFs) have also piqued investor interest, as a result of w
Report on Indo-EFTA trade pact by year-end
CMA Gul S 13 September 2007 at 14:38A Joint Study Group (JSG) of India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Liechtenstein and Iceland, set up last December to explore the possibility of entering into a broad-based trade and investment agreemen
Re-hit exporters may get extra sops as govt worries on missing target
CMA Gul S 13 September 2007 at 14:38The government is likely to dole out an additional relief package for exporters hit by an appreciating rupee by the month-end with fears that the country may not achieve the $160-billion export target. The move comes at a time when the exporters have
Tax Benefits for Senior Citizens
CMA Gul S 12 September 2007 at 18:06What are the deductions admissible to a Senior Citizen? K G menonThere are not many . A person becomes senior citizen under Income Tax Act in any year after attaining the age of 65 even for one day. Once he attains 65 years, his status as senior citi
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