Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s
Internal Audit is a very important function and it is very important for an internal auditor to understand the basic functions of an organisation so as to conclude the internal audit assignment effectively. In case of in-house internal audit departm
With increasing disposable incomes in the country, it is common for people to acquire more than one house or invest in plots of land for long term investment purposes. Investment in a flat in a residential building/complex or in an independent house
After completing education everyones first & foremost aim is to fetch a reputed job ,from where you can learn a lot & practically earn a lot.Only earning a degree with distinction m
Hello Friends,Once again thanks a lot for your warm response to my previous articles. In continuation of my previous two articles on the Corporate Social Responsibility Committee (click here) and the Nomination & Remuneration Committee (click her
Accounts Personnel, Auditors and Tax Consultants need to complete all finalization related tasks at the earliest to submit the return in time. If proper accounting is done from start to end of the financial year, it becomes very easy to complete audi
Financial planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a home, saving for your childs education or planning for retir
PROVISIONS CONTAINED IN COMPANIES ACT, 2013 READ WITH DRAFT RULES Companies Act 2013 has tightened many of the lose ropes prevailing in the Companies Act of 1956. One such area where the provisions have been made more stringent is Issue of sha
Auditors, Watch Out!! Lord Justice Topes had once famously remarked that: The auditor is a watchdog and not a bloodhound. Companies Act, 2013 does not seem to echo this thought! The kind of stringent measures prescribed against auditors
Provident Fund scheme was started by few concerns even before the enactment of the act. The government in 1952 framed this act for the benefit and welfare of the employees. This a