CAclubindia Articles


Petty Cash Guidelines

Posted by Pankaj Gandhi Jaiswal 22 November 2012 81609 Views

Record Management Cash book maintenance & closing of daily balances. Signature of PCA on daily closing balance at the end of day Daily Cash Report to be sent to SM Accounts/CFO/MD by Mail Hard Copy Filing of Daily



Six Sigma: Building Product Brand

Posted by Indraneel Sen Gupta 22 November 2012 13044 Views

After the debacle of 2008 the demand of efficiency and defects reduction is on the heights ladder. The debacle of 2008 has taught us to use metrics to measure performance which the world failed to do prior to 2008. While in search of new concepts an



5 ways to keep the stress away :)

Posted by *RENU SINGH * 21 November 2012 22473 Views

5 ways to keep the stress away:- exams have got over but not the tension. As the answer sheet still covers the mind at times. Leave exam sheets we all still have many things to get tension like friends fight, Any big issue etc.



Small Shareholder's Director

Posted by CA Manish 21 November 2012 27826 Views

Concept of Small Shareholders Director:- Section 252: Minimum numbers of directors.(1) every public company (other than a public company which has become such by virtue of section 43A) shall have at least three directors: Provid



New and user friendly efiling site from IT Department

Posted by CA Ilayaraja 20 November 2012 22265 Views

Filing and maintaining the info relating to your Income tax returns was never so easy. But, thanks to the Income Tax Department, they have come up with a comprehensive and more user friendly website. No need of going to a professional for filing the I



Reporting in a diverse EU banking regulatory environment

Posted by Piyush Nalwaya 20 November 2012 7280 Views

1. Introduction Banking regulators control and monitor the financial state of affair of the banks through reporting mechanism. With the formation of European Union, banks operating in European region are expected to report under multi regulator



Retailers-Cost Linked to Multiple Benefits

Posted by Indraneel Sen Gupta 20 November 2012 4192 Views

Online business or the e-commerce is the growing market replacing the huge fixed cost associated with shop and establishments. Online marketing has also replaced the fixed cost related to employees and other amenities. This is a fatal concept being



What is Statutory Audit?

Posted by Pankaj Gandhi Jaiswal 19 November 2012 409585 Views

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



Advance Pricing Agreement - A Step Ahead

Posted by Hiral Raja 19 November 2012 25666 Views

Transfer Pricing provisions were brought under the purview of Income Tax Act in 2001. Over the years, there have been substantial amount of additions/adjustments at the time of transfer pricing assessments wherein the transfer price charged by th



Recovery of Non Performing Assets

Posted by T.R.Radhakrishnan 19 November 2012 14097 Views

Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 promulgated by the




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