Understanding about Letters of Credit[Submitted by CA. Praveen Chopra,B.Com., ACAGandhidham, Gujarat]March 16,2008PurposeThe purpose of this document is to provide a general understanding of letters of credit, their use and application. The topics co
Effect of Non-Registration of Partnership Firm[Submitted by Mr.Praveen Chopra CA(Friends Group Of Companies,Gandhidham)] This paper attempts to study the impact of non registration of firms i.e., partnership firms. The whole idea of the paper is that
When Good Deals Go BadHow to renegotiate a contract. ....................Every company gets stuck in contracts that aren't good for business--the long-term purchasing agreement made before market prices dropped, the lease for too much office space, the sale w
It doesn't mater who we are or where we are in the world it seems we all share the same dreams, we all want to be wealthy, healthy and happy. It seems we are all striving for one thing and that is financial independence.We feel if we were financia
Six Steps To A Better Business Budget You've just purchased or opened a small business and you know your trade, but when it comes to bookkeeping and, more specifically, budgeting, your skill set is lacking. It's OK - the good news is that it is possi
KNOWLEDGE BANK - BenchmarkingWisdom that has time travelled over centuries is the CEO's most potent tool for leaping to world-class standards today. It is, on the surface, a disarmingly uncomplicated concept. To improve, set your sights on a standard
Task accomplishment is very crucial in work progress as we are given few tasks to finish as soon as possible and sometimes time factor is another headache. There are several ways to improve our work productivity.Effective communication certainly c
OUTSOURCING LOGISTICS"You can resist an invading enemy; you cannot resist an idea whose time has come" Victor Hugo Yes, "Logistics" is an idea whose time has come and ironically "Time" forms the essence of Logistics. The important point to be grasped
Nine truths for building a global supply chain AMR Research gathered supply chain executives together for the Supply Chain Executive Conference and Supply Chain Peer Forum. The group discussed technology and structures for global supply chain organi
GET BACK TO PROFESSIONAL ETHICSNEED TO THINK OF PROFESSIONAL ETHICSThe Council of the Institute of Chartered Accountants of India Vs. Rishi K. Gupta(Chartered Accountants case No.1 of 1992) decided on 20-07-2000 by high court of Delhi under Sec. 21(6