Operational Risk Management Seven Keys to Effective Operational Risk ManagementOVERVIEWOver the past few years Operational Risk Managementhas garnered increased interest. It is not a newconcept but the recent regulatory compliancechallenges and need
A Woman's Place Is in the FirmAccountancies Ernst & Young, KPMG, and PwC all place in the top 10 in a best-workplaces survey by Working Mother magazine. Where's Deloitte?Three of the Big Four auditing firms - Ernst & Young, KPMG, and Pricewat
First the good news. In the Doing Business report 2008, which is brought out annually by the World Bank and International Finance Corporation (IFC), India has climbed 12 ranks, which makes it the fastest-reforming economy in south Asia. Its speed of
TREASURY MANAGEMENT :Treasury Management refers to efficient management of liquidity and financial fisk in business.The responsibilities of Treasury Management include :a) Management of cash, while obtaining the optimum return from surplus funds.b) M
FEMA - Update and Analysis In this update, we have discussed some of the recent important amendments under FEMA:-Overseas Investment by Venture Capital Funds (VCFs) It is clarified that Domestic Venture Capital Funds registered with SEBI, have been p
Earlier, in most countries, while public sector operators were responsible for construction, operation and maintenance of infrastructure, including toll highways, toll bridges, power plants, water supply plants, airports, sea ports, etc, such infrast
DISHONOUR OF CHEQUE- What to Do Q1. What can I do when a cheque is dishonoured for the reason of insufficient funds. What legal action I can take to get the amount cleared?A. On the dishonour of a cheque, one can file a suit for recovery of the chequ
Mohan R. Lavi Accounting, supposedly, speaks the language of business. With business becoming increasingly globalised, it is logical to expect that accounting, too, goes global. The International Accounting Standards Board (IASB) through a combo offe
Unlike US Federal Reserves which cut interest rates by 50 basis points on Tuesday, the Reserve Bank of India is likely to retain the interest rates intact, global financial service provider Merrill Lynch said on Wednesday. The regulator, however, may
The deadline for capital account convertibility could be pushed by another 10 years, going by the views of the Reserve Bank of India (RBI). This is way-off the schedule suggested by the Tarapore Committee on fuller capital account convertibility and
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