CAclubindia Articles

Mandatory Cost Audit.Cost compliance for the FY 2011-12

CMA Navneet Kr Jain 30 June 2011 at 12:44

Sub: Latest amendment with relation to Cost Records (Sec 209(1)(d) and Cost Audit (Sec 233B) of Companies Act to be complied from the year 2011-12 onwards Sir, Ministry of Corporate Affairs has recently issued various notifications/cir

Policy for Empanelment of CA Firms and Selection for PSUs

Riya 29 June 2011 at 14:15

Empanelment of CA firms Chartered Accountant firms in India with at least one full time [1] FCA (Partner/Sole Proprietor) can apply for empanelment with this office for allotment of audit of Public Sector Undertakings. The criteria for empanel

Bank Reconciliation Statement

NURSINGHA SAHOO 29 June 2011 at 14:15

BANK RECONCILIATION STATEMENT Bank Reconciliation Statement You operate a bank account in which you deposit money and withdraw money from time to time. You maintain a record with yourself of these deposits and withdrawals. One day you get your pas

Excise Audit - Points to be noted

Member (Account Deleted) 29 June 2011 at 14:15

Simple single dozen steps before starting the Excise audit: 1. Understand the client Business with system support on business transaction 2. Some ERP may not support all the requirements of Excise data i.e. Oracle 11i may not support the

Can An Average Student Also Become CA ?

Krish 29 June 2011 at 14:15

Generally it is said that Professional courses like CA, MBA, B.Tech, M.Tech, MCA can be done only by brilliant students. Because they have extra mind as compare to average students/poor students, they have extra concentration power, they know how

Service Tax now payable on Billing basis wef-01-07-2011

Kushagra 29 June 2011 at 14:15

Thttp://www.caclubindia.com/editor_upload/136924568notification-no.25.pdfhere has been a major change in Service tax rules for point of taxation, earlier ST was payable on payment basis now the same has been changed to billing basis from 1.07.2011

Importance of Mind Management

T.R.Radhakrishnan 28 June 2011 at 12:37

T.R.Radhakrishnan, Banking & Management Consultant, Facilitator: DRT & SARFAESI Act for Banks & Financial Institutions, HR Trainer: Corporate, Colleges & Schools, 17, Morya Gardens, Kanadia Road, Indore. - 452016 (Madhya Pradesh)

Time Management for New Members in Practice

jayaram 28 June 2011 at 12:37

Every one talks of time management from Primary school In-charge to PMO office but very rarely is it observed and implemented. All learned professionals of the three Institutes viz. C

Mandatory Demat : An Overview

Pankaj Pendse 28 June 2011 at 12:37

Ministry of Corporate Affairs vide its recent circular No 17/143/2011-CL.V dated 6.6.2011 is considering to issue Companies (Dematerialization of Certificates) Rules, 2011. The key highlights of the said regulation will be... 1.

Role of Chartered Accountants In Corporate Banking

Jai H 28 June 2011 at 12:01

Star Limited expands funded by INR 120 crore loan from XYZ bank! We see such headlines often. Which division of a bank does such work? Its the division called Corporate Banking.