CAclubindia Articles

Case Studies for Company Audit -1 (CA-IPCC)

Posted by Anurag 17 September 2013 42506 Views

At the AGM of ICI Ltd., Mr X was appointed as the statutory auditor. He, however, resigned after 3 months since he wanted to give up practice and join industry. State, how the new auditor will be appointed by ICI Ltd. Specify provisions of Sectio

Understanding deductions of section 80-IA & IB with Latest Case Laws Part II

Posted by Manish Kumar Agarwal 17 September 2013 42246 Views

We had earlier discuss in detail about the concepts of section 80-IA & IB along with various case laws earlier in article. Over a period of time, there are number of judgments comes from various levels of courts from different locations

Independent director under Companies Act 2013

Posted by Ajay Mishra 17 September 2013 125953 Views

An Independent Director (also sometimes known as a outside director or non-executive director) is a director (member) of a board of directors who does not have a material or pecuniary relationship wi

Effect of FDI on various sectors

Posted by CA Ajay Chouhan 17 September 2013 20934 Views

FDI *It is an investment that a parent company makes in a foreign country. **Investment into the business of a country by a company in another country. *** Habitually the investment is into production by either buying a company in the target count

Five important Standards on Auditing for CA IPCC

Posted by Anurag 17 September 2013 50381 Views

SA 210: Agreeing the Terms of Audit Engagements Scope This S.A deals with the Auditors Responsibility in Agreeing with the Terms of Audit Engagement with Management and See Whether any of the Preconditions of the Management Restricts hi

The 7 Laws of Clearing CA Exams

Posted by Nitin Soni 16 September 2013 117191 Views

Ever since my book The 7 Laws of Clearing CA Final is published, I have been asked this question multiple times why did you title the book as a CA Final book when the laws mentioned in the book applies perfectly to all studen

Lehman Brother Collapse: Happy Birthday

Posted by Ashok Kumar Sharma 16 September 2013 48832 Views

15th September,2008 The day Finance Industry will never forget. The day when Worlds fourth largest investment Bank (in 2008) filed for Chapter 11. The bankruptcy which was never imagined before was before the eyes of the world. The worst cris

The Downfall of Rupee - Cause and Effects

Posted by Aditi Chandak 16 September 2013 58558 Views

The INR Freefall. Freefall (noun) - A sudden drop in the value of something that cannot be stopped. Does it remind you of what the rupee has been doing in the past couple of months? Over the past few years, Indias current account deficit (C

Practical approach for Professional Course with Self study Part 2

Posted by CMA Ramesh Krishnan 16 September 2013 53776 Views

Practical approach for Professional Course with Self study (Part-2) Introduction: In this part -2, I would like to discuss about, Some studying tips while doing professional course with self study. 1. Preparation of study time table: We need to

Areas of Ordinary Resolution under Co. Act 2013

Posted by CA.Tarun Nagpal 16 September 2013 78614 Views

Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article