Community & General Articles
First Financial Year of a company and the first AGM Issues involved
Usually financial year of a company consists of 12 months. However, in some cases it may not be so. In case of newly incorporated company, financial statements have to b
Teamwork
We have all learned in mathematics that the complexity of an equation increases exponentially as the number of variably increases. In the same way, when performing a task, the complexity of the job increases exponentially as the number
Run through of mergers and acquisitions and its components
Before I start of on this brief explanation of M&A, I would like you people to know that its my first attempt on writing of any kind. So please do bear with me for any mistakes. Comments and suggestions are welcome. M&A are the orde
An Overview of Limited Liability Partnership (LLP) in India
A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible
EMI of Loan
EMI is the short form of Equated Monthly Installment. In EMI Installment and interest on remaining loan balance both are included. It is the general phenomena in which installment and interest both makes the equal amount to pay at every month during
Recommendations of Tax Accounting Standards (TAS)
Brief Recommendations put by the committee are summarized here under: • As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income & Losses unless permitted by any other TAS &b
ERP (SAP) Basics
My zeal for ERPs was the reason for my rendezvous with the director. I was speechless to hear Some of my employees behave as cheap as chips. Id never seen the owner of a 2200 crore company running off at his mouth. Those word
Examinations - Oh my God
This is probably not the right time to write this article, as majority of you would be busy preparing for exams. However, I still thought it might be of use to those who happen to take a break by visiting the web-si
Taxability of Income from Real Estate
Real Estate is an ever green investment option in India and it has always given good returns. It can be a residential or commercial property. Real Estate gives recurring income in form of rent and appreciation in value in case of re-sale. As it
Integration of risk and finance information in a financial organization
Introduction The recent global financial crises, intense regulatory requirements, extensive competitive pressures, voluminous data, have created a challenging enviro
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