HOW TO START AN AUDIT AND TAKE IT TO A CONCLUSION Ankit Aryal
Let us consider the following questions : Objective of Work? Where to start? How to Proceed? What to Check & document in working paper file? Knowledge base / Study paper? Tax Audit :1. Objective:In cas
Manage CHANGE brilliantly Change is always tough. Something familiar is destroyed. Something unknown comes along. Nobody likes change except a baby with a dirty diaper. As someone rightly said Everybodys going to have to change. You
In prelude to General Elections, several radical ideas are being circulated. Baba Ramdev is believed to have propounded this idea, supported by Gadkari and finally, endorsed by Modi, though they have not committed to it as yet. Let us examine the mer
The cenvat credit scheme is a beneficent legislation and allows for credits used for manufacture or service. Sales commission is paid for the following reasons: market creation/development, advertisement, sales promotion activities, identifying poten
Loan to directors, etc. (Section 185 refer old act Section 295)This section was commenced on 12 September 2013. It is form the old Section 295 of the Companies Act 1956185. (1) Save as otherwise provided in this Act, no company shall, directly or ind
In this article I have made an attempt to highlight the shortcomings of Safe Harbour Rules of India. Smog prevailing on the conditions of Insignificant Risks.Safe Harbour rules in one segment are applicable to Assesses extending Loans t
Hi all, This article is going to be on CAS-4 (Cost Accounting Standard 4) issued by the Council of the Institute of Cost and Works Accountants of India along with the Guidelines on cost of production for captive consumption (Under Rule 8 of the Centr
Introduction: Companies normally raise funds through issue of Equity/preference shares, debentures, commercial papers and inter corporate loans. Fixed deposits are also one of the instruments available to a company to raise funds to meet its short te
Executive Summary The world around us is witnessing a spate of changes. The forces of globalisation, internationalization of business, outsourcing and competition from alternate service providers/offerings have led firms to dispense with the age-old
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