CAclubindia Articles
Reservations/ quota system do we need them?
Just having read the topic, many of us may come to a conclusion that, NO there is no need for reservations, we believe in merit. Let people compete on merit, why shall someone be given preference at the cost of others. Let people be given equal oppor
"Tell me about yourself" interview question - Simple ways to follow
OK. So tell me about yourself This seemingly simple question generally makes everyone sweat like a pig and can create a nerve-wracking situation for any candidate who is not prepared. Well, there is no need to panic since it is not at a
Be Careful - while making transactions in cash!!
Karniti Part 58 Be Carefulwhile making transactions in cash!! Arjuna (Fictional Character): Krishna, Today is 13th October last day for the promotion of Elections. In the chaos of election, crores of rupees were ceased. During this period Ele
Update on Indirect Tax - Service Tax and Excise for the month of Oct 2014
A. Service Tax 1. Service Tax payment for the month of September, 2014 is due for payment on 6th October, 2014 for assesses including Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014,
An Accountant; a value creator or a value counter or co-ordinator in a Business
An accountant; a value creator or a value counter or a value co-ordinator in a Business.Business has been almost fully corporatized in this twenty first century. Now days, we can find that even small business entity prefer to work in corporate firm r
Interest allowable on refund of pre-deposits
Dear Professional Colleague,Interest allowable on refund of pre-depositsWe are sharing with you an important judgment of Honble Delhi High Court in the case of Afcons Infrastructure Ltd. Vs. Union of India [(2014) 49 taxmann.com 79 (Delhi)] on
Process of approval of Directors report & FS
Process of approval of Directors report & FS: MGT 14 can be filled by 20th Oct, if Board meeting held on 21st Sep & shorter notice for AGM 1) Auditor had been appointed in last AGM & audit, say , whole year(generally,in case of Big CO). I
Ethical corporate governance
The quality of corporate governance is also determined by the manner in which top management, particularly the Board of Directors, allocates the financial resources of the company as between themselves and other interest groups such as employees, cus
How to prepare financial reporting by rankholder
Hello FriendsI am CA Manoj Kumar Bothra (all India Ranker in May 2014 Exam). I am here to discuss how to prepare financial reporting (CA Final). I think that you have gone through my article How to crack CA Final in first attempt, if no
COBIT: An IT Framework
Introduction :- CONTROL OBJECTIVE FOR INFORMATION AND RELATED TECHNOLOGY (COBIT) Cobit is a comprehensive IT framework from ISACA which was launched in 1996. It provides guidelines for auditing of information system for auditors. COBIT has revised t
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