CAclubindia Articles

Practical Applications of AS - Questionnaire

Posted by CA Ashish Pathak 21 March 2013 29454 Views

QUESTIONNAIRE ON ACCOUNTING STANDARDS AS - 1 - Disclosure of Accounting Policies Are the following fundamental accounting assumptions followed: Going concern concept (Note, the concept shall be evaluated wit

Banks for women

Posted by Indraneel Sen Gupta 21 March 2013 11803 Views

8th March 2013 is being a special day which is not marked as a red letter day in the calendar but celebrated across the world as International Women's Day. Those who dont know the background for international womens day

How to register as a legal heir to do e-filing on behalf of deceased

Posted by Ganeshbabu K 21 March 2013 99629 Views

User should register as a Legal Heir to do e-Filing on behalf of the deceased. This is a new feature provided for Individual user. A Legal Heir can file Income Tax Return, View Status of Income Tax Return, ITR-V Acknowledgment and other fi

Why we need Internal Auditing?

Posted by Srinath P 21 March 2013 16636 Views

Most of the executives of successfully running small medium enterprises have this question in mind. We have already spending for statutory audits (namely external audits) and why we need to spend again for internal aud

Pre-requisites of Section 91(1) and 192 of I.T. Act, 1961

Posted by Gaurav Pahuja 20 March 2013 19525 Views

Pre-requisites of Section 91(1) and 192 of I.T. Act, 1961 In this write up, the author has enlightened the pre-requisites of Section 91(1) and 192 of the Income Tax Act, 1961 keeping in view the basic objective of the concerned section. Also t

Industrial Visit

Posted by Sweta Singh 20 March 2013 21384 Views

According to Sir Francis Bacon, Travel is the younger part of education, in the elder part of experience. On 2nd March, 2013, The ICAI Si

Internal Audit Process and Reporting

Posted by Dr. Rashid Mehmood, CPA, Ph.D 20 March 2013 133642 Views

I received a message from one of our club member and she was keen to learn internal audit process & reporting and requested for some sample audit report. I replied her to develop her own audit report and send me for review, after reviewing the

Some excel formulas

Posted by CA Rishabh Pugalia (ExcelNext) 19 March 2013 64515 Views

Case Study 1: Compute 7th of next month Application area: Computing due dates of statutory payments based on invoice dates. Used to check whether payment has been made on or before due date.

CSR is more than Philanthropy!

Posted by Kannan Iyappan 19 March 2013 8743 Views

Philanthropy means the act of donating money, goods, time or effort to support a charitable cause in regard to a defined objective. Philanthropy can be equated with benevolence and charity for the poor and needy. Philanthropy can be any selfless g

Net Working Capital - Networking of Capital

Posted by CA S.SAIRAM 19 March 2013 35892 Views

NET WORKING CAPITAL Networking of Capital: Reduction of Net working Capital requires understanding the networking of Capital. At the threshold we all are aware that Net working capital is the difference between Current asset and Current lia