CAclubindia Articles
What is Statutory Audit?
What is Statutory Audit : By the meaning of word the statutory audit in India is the audit which is prescribed by statute. There is many audit in India which is prescribed by the different statute like Income Tax Act require audit as per him simi
Innovation Labs for Corporates
Innovation the mother of growth plays a pivotal role in the global economy since inception of the fire on this planet. Invention of wheel and fire were also innovation. The recent debacle of 2008 had changed the landscape of innovation acros
Negative aspect of CA
I never thought that Id ever feel the need to write such article. I really hate the word CA .. In fact I used to think what really made me choose CA . Obviously as I couldnt find out the real answer s
Me - Unplugged!
Dear Friends,Discomfort has engulfed me way too much, that transpires me to write this piece of article. Today, I am gonna speak my mind on our torrid state of affairs. The course which keeps the degree in abeyance (unless you give up) till someone c
All about Internal Audit
When we run an Enterprize we be too busy in getting the goals or loosing the goals and become biased for the reason of success or failure. If we get success we think that we are strong and if we fail that then think that we
All about MSME Act 2006 & Opportunities
INTRODUCTION The conceptual and legal framework for small scale and ancillary industrial undertakings is derived from the Industries Development and Regulation Act, 1951. The Act provided the necessary powers to the Central Government to amend t
All about Intellectual Properties
Intellectual property (IP) has taken a very important role in the economic world today. Long gone are the times when brick and mortar were treated as assets of a company. Today, it is the grey matter inside a human brain that is the asset. Compani
Career as Cost & Management Accountant
Before liberalisation of Indian Economy, career in finance was perceived as a back office record keeping job; but after the liberalisation it has become much more challenging and interesting. Today, it is seen as a career that provides greater roles
ERP (SAP) Company Configuration
(The reader is suggested to see my previous article covering some basics in SAP on the link http://www.caclubindia.com/articles/erp-sap-basics-15603.asp before reading this write-up.) Ill try to work my way systematically on configuration.
Convergence to Ind AS 16 : Property, Plant & Equipment
Introduction India has principally agreed to converge to IFRS by implementing Revised Schedule VI, being the first constructive step in the journey. Let us appreciate the requirements of accounting for fixed assets in specific under Ind AS (ie IFR
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