FREEDOM ELASTICIZED FOR ACCOUNTING PROFESSIONALS & CORPORATESMr Prem Chand Gupta, the Corporate Affairs Minister, on Thursday committed to provide more freedom to Corporates and Accountancy Professionals under a self-regulatory regime with minimu
1. Explain the concept of Working Capital. Ans: The term working capital refers to the amount of capital which is readily available to an organization. Working capital finances the Cash Conversion Cycle of a business-the time required to convert raw
The Bullwhip Effect (or Whiplash Effect) is an observed phenomenon in forecast-driven distribution channels. The concept has its roots in J Forrester's Industrial Dynamics (1961). Because customer demand is rarely perfectly stable, businesses must fo
NRI investments: Some FAQs------------ --------- --------- --------- --------- --------- -Welcome to the NRI Club! But with this change instatus, are you allowed to continue investing inIndia? Read on to know about the regulations you needto comply w
Balance Sheet of Life Our Birth is our Opening Balance ! Our Death is our Closing Balance! Our Prejudiced Views are our Liabilities Our Creative Ideas are our Assets Heart is our Current Asset Soul is our Fixed Asset Brain is our Fixed Deposit Thi
--------------------------------------------------------------------------------If we look at the rising rupee as an export burden, itis a problem. If we look at it as a source of cheapimports, it is an opportunity, says P. V. INDIRESAN.-------------
Corporates houses, banks and financial institutions have got just 18 months to begin the changeover to a new set of transparency, inducing accounting standards that will have a major impact on their financial statements. The new norms to classify, va
India is now an important player in global trade. But the big increases in international transactions also throw up problems on the taxation front. This article looks at the withholding tax implications of cross-border payment for services. In the co
DO YOU KNOW - SOME FACTS ABOUT CLEARING HOUSE1. At present there are 1064 clearing houses in the country and they have been functioning as per the model Uniform Regulations and Rules for Clearing Houses (URRBCH). 2. The URRBCH is not stat
Growing and Surviving in Difficult Economic Times Some small and medium size companies will be able to capitalise on opportunities during these uncertain economic times, gain market share from competitors, and otherwise grow and expand. Other compani