Professional Resource Articles

Compliance in the Age of Digital Transformation: Balancing Innovation with Regulation

Affluence Advisory 13 August 2024 at 08:40

Digital transformation brings about new business models, operational processes, and different ways of interacting with customers and stakeholders. As a result, governance structures and practices must be reevaluated and updated to ensure they remain relevant and effective.

Insolvency and Bankruptcy Code, 2016 - Boon and Curse

Affluence Advisory 31 July 2024 at 08:40

The Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian Law which creates a consolidated framework that governs insolvency and bankruptcy proceedings for corporate person, partnership firms, and individuals.

RBI allows remittances for all permissible purposes to IFSCs under the LRS

Affluence Advisory 20 July 2024 at 06:36

The Reserve Bank of India (RBI) has vide its Circular dated July 10, 2024 allowed remittances for all permissible purposes under the Liberalized Remittance Sche..

Inside Byju's Financial Meltdown

CA Pallav Singhania 18 July 2024 at 08:39

This article aims to break down the situation in simple terms and explain what it means for everyone involved.

Signing of Board's report and financial statement - Companies Act and SEBI (LODR)

Affluence Advisory 17 July 2024 at 08:42

Section 134(1) of Companies Act, 2013 (‘the Act’) provide for signing of board’s report. It read as follows:“(1) The financial statement

Election Aftermath: Market Volatility and Future Economic Growth

Affluence Advisory 13 June 2024 at 08:43

It's been a week since the election results were announced, it was indeed a shocker, not only to the general public but also to the incumbent themselves and the markets too, which witnessed wild swings, ranging 5000 points in Nifty and 9000 points in Bank nifty during the week.

India's Economic Accelerators Exploring the Fastest-Growing Industries

Affluence Advisory 07 June 2024 at 08:47

This article embarks on a journey to uncover the fastest-growing industries in India, ranging from technological advancements in Information Technology to life-saving innovations in healthcare and the burgeoning FMCG market.

Upholding Professional Integrity: The Imperative Role of Chartered Accountants

CA.Rajeev Joshi (CA,CISA,DISA) 06 June 2024 at 11:49

Chartered Accountants (CAs) are entrusted with a paramount duty to maintain the pinnacle of integrity and diligence within their professional engagements. The specter of misconduct allegations, however, presents a formidable challenge, necessitating a robust defense mechanism grounded in meticulous documentation and unwavering adherence to established professional norms.

Unlocking Opportunities: The Importance of DISA for Practicing Chartered Accountants

CA Pallav Singhania 27 May 2024 at 08:44

Understanding the importance of staying ahead in this digital transformation journey, let's delve into the significance of the Diploma in Information System Audit (DISA) and why it's essential for practicing chartered accountants.

New Tariff Walls

Affluence Advisory 17 May 2024 at 08:34

Since 2018, an economic rift has persisted between China and the United States (US), spurred by a revision in the foreign economic stance under President Donald Trump's administration.