Articles by CA Chiranjiv Kumar

Making Money out of Forex and IR Swaps

CA Chiranjiv Kumar 20 November 2013 at 11:12

Arbitration in ForexArbitration in forex is the possibility that the profit can be made out of exchange trading on the basis of forward rate and prevailing interest rate in 2 different countries.Profit can only be made if returns made by borrowing fr

Mutual Funds - What, Why and How?

CA Chiranjiv Kumar 16 November 2013 at 12:06

What are Mutual Funds? Mutual funds are nothing but units of investment, like in shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An

Mutual Funds - Basics you need to know

CA Chiranjiv Kumar 14 November 2013 at 11:30

What are Mutual Funds? Mutual funds are nothing but units of investment, like of shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An

XBRL Simplified

CA Chiranjiv Kumar 12 November 2013 at 12:59

What is XBRL?Standard definition - XBRL stands for eXtensible Business Reporting Language. It is a language for the electronic communication of business information, providing major benefits in the preparation, analysis and communication of business

Intercorporate Loans/Investments+Co types - Summary

CA Chiranjiv Kumar 09 November 2013 at 13:03

Are provisions of inter-corporate loans and investments applicable only to public company?Yes.What are the conditions for making Inter-Corporate loans and investments?1. Approval of board.2. Unanimous resolution passed in board meeting.Is there any c

Top 5 myths related to exams

CA Chiranjiv Kumar 06 November 2013 at 12:19

I have seen many aspirants of CA/CWA/CS worrying about MANY things. And when I stress many I really means many. Being a professional student we have enough senses to judge whether a given statement is true or false and if we cant judge then r

Sensex and Nifty calculation simplified

CA Chiranjiv Kumar 05 November 2013 at 12:25

Have you ever wondered what the SENSEX and NIFTY is? How are they calculated? SENSEX i.e. Sensitive Index is the benchmark index of Bombay Stock Exchange (BSE) composed of 30 of the largest and most actively-traded stocks of BSE. Calculation Method

Winding Up of the Company - a quick summary

CA Chiranjiv Kumar 05 November 2013 at 12:24

I know about voluntary winding up, tell me the cases in which there is compulsory winding up? 1. Default is made in holding statutory meeting and filing report (winding up at courts discretion). 2. Business is suspended/not commenced f

Insider Trading - How is it done?

CA Chiranjiv Kumar 04 November 2013 at 11:42

You may have heard some news before like ABC directors of a company are charged with offense of Insider trading. What basically is insider trading? Insider trading as the name says trading the inside. In other words, the leaking of pri

Banking Regulation Act,1949 - a quick summary

CA Chiranjiv Kumar 04 November 2013 at 11:41

I want to know about collateral held by the banks. What if a borrower fails to repay loan and his collateral seized? Disposal of asset within 7 years or (12 years if extended by RBI) by the bank. What if banking company want to use that asset for bu