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CAclubindia Articles


XBRL Simplified

Posted by CA Chiranjiv Kumar 12 November 2013 21203 Views

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



Transparency in Corporate Restructuring along with Ambiguity

Posted by Mohit 11 November 2013 14768 Views

With robustness and Transparency which New Companies Act offers, it has also bought lot of ambiguity and unnecessary issues which needs to be clarified by MCA. The New Act has introduced many new concepts as compared to the existing Act and made mate



The Passion of Communication: Power of Semantics

Posted by Guest 11 November 2013 20489 Views

01. PREAMBLE 'SEMANTICS' is all about choosing the most appropriate word/words priority-wise and impact-wise when one begins to communicates. It is the first of the 'six' communication and presentation barriers that can help you to equip better to be



Forex rates movement- "Classical Interest rate differential theory" and its practical limitations

Posted by Srikanthan 11 November 2013 18294 Views

Forex rates movement-Classical Interest rate differential theory and its practical limitations Let me start with a caveat, inter se movement between currencies and the premia or discount that one currency commands over an



Fundamentals of Accounting

Posted by Dintakurthi Tirumala 11 November 2013 42415 Views

There are three types of accounts basically in the accounting, all the accounting entries shall be based on this accounts, these account types decides the nature of account and based on such nature of account treatment shall b



Insider Trading: Indian Perspective

Posted by CA Bhavik Mehta 11 November 2013 17923 Views

The buying or selling of a security by someone who has access to material, nonpublic information about the security.Insider trading can be illegal or legal depending on when the insider makes the trade: it is illegal when the material information is



The Companies Act, 2013 - Provisions relating to related Party disclosures

Posted by G S Rao 09 November 2013 240785 Views

Introduction: The Companies Act, 2013(the Act or New Act) aims at enhancing Corporate Governance by clearly defining the duties of directors and fixing additional responsibilities and defining the attributes and role of independent directors to



Diminishing Returns of CA's

Posted by CA DHANANJAI KUMAR 09 November 2013 41921 Views

Chartered Accountants an expert in the field of Accounts and Audit!!!! Does this Statement suits the CAs these days, Very difficult question to answer, Right??? The Fundamentals ( Basics) Even having such a vast and comprehe



Intercorporate Loans/Investments+Co types - Summary

Posted by CA Chiranjiv Kumar 09 November 2013 22080 Views

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



Corporate Social Responsibility - Highlights

Posted by Ashima chachra 09 November 2013 24765 Views

Corporate Social Responsibility (CSR) new hot topic introduced by Companies Act, 2013.Many times we have heard about CSR but what exactly it is let us now understand. What is CSR ? As a layman if we explain it t




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