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How to do concurrent audit of banks?
The word concurrent itself defines its meaning, concurrent means happening at the time. Concurrent Audit means doing the examination of the financial transactions at the time of happening or parallel with the transaction. Most of the new articl
Capital Planning, its risks and techniques
Challenges associated with the capital planning process-Capital planning includes business strategy risk as well as management and corporate governance. It is both science and arts at the same time. Simply put it is not mere mathematical exercise. T
Strategy for preparing IPCC - Accounts
We all are very well aware that we have just 3 months left for the next attempt to IPCC or Finals. It`s high time now that we start our preparations to get through with flying colours. Here is some plan which I have prepared for the IPCC guys. Before
Class Action Suit under Companies Act 2013
IntroductionThe Companies Act, 2013 introduces some important changes to the company law regime in India. One such feature is a Class Action. The provision governing Class Action is set out under Section 245 of the Companies Act, 2013 which falls und
Different Types Of Accounts in Banks- 2
Hello everyone ! This is Gyati Gupta, with one more article on this site. Previously, I wrote about different types of accounts in banks. I tried to insert almost everything I could, but still I found that knowledge has no end. On conducting a sort o
Enrich your Self-Confidence
Have confidence is one of the most elemental pieces of counsel we receive in life that makes no sense if we have never adhered to it. We know what confident people look like, the rewards they get
Importance of Economic Literacy for Finance Professionals
Finance and economics share an inseparable bond since ages. Yet we finance professionals, or to-be finance professionals of different fields such as CA, CS, CMA commit the sin of keeping ourselves separate from economics, yet claiming
Karniti Part-20: Salary earners now "Dent" in claiming Allowance of "House Rent"
Salary earners there is now "Dent" in claiming Allowance of "House Rent" Arjuna(Fictional Character): Krishna, all the salaried people might be busy in providing information to their employers for computing income tax, deductions and exemptions from
Who am I? I' m a Champion
Dear All,Hi Friends, heard about this time's CA Finals results, it would be wrong If i say the results were not shocking it shook me, I was also surprised(Secretly I thanked God that i cleared my CA Finals earlier) but while saying this i remembe
TDS Compliances and Penalties
TDS PROVISIONS & COMPLIANCES [A] Mandatory Filing of TDS StatementsEvery person responsible for deduction of tax under Chapter XVII-B shall, in accordance with the provisions of Section 200(3), submit the following Quarterly Statements to the Dir
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