A Brief Note on Filing Annual Financial Statements in XBRL Format Background: Ministry of Corporate Affairs (MCA) vide its General Circular No 09/2011 has
FORENSIC ACCOUNTINGForensic Accounting is an integration of accounting, auditing and investigative skills. The term forensic accounting' was coined by Maurice E.Peloubet, in whose words "financial statements have some but not all the characteristics
Many a students pursuing professional courses like CA and CS focus on their syllabus, revision and the focus remains on completing the course. These students feel that they are secured once they complete their course and there can be exceptions.
OTC Forwards and Options In Practice Foreign Exchange Management involves a combination of hedging as well as profit making at the opportune time (subject to permission by regulator). Unless a country has pegged the domestic currency in te
Tax Deduction at Source or TDS under the Tamil Nadu Value Added Tax Act, 2006 & Value Added Rules 2007 In Tamilnadu, Tamilnadu Value Added Tax, 2006 received the accent of the Governor of Tamilnadu on the 14th of December, 2006 and was enact
Amrita T., a CA, currently works in the Project Finance arm of Tata Capital. Srikanth N was treasurer of a large MNC bank. What is it that prompted them to move into the mainstream of Financial Services? The career growth and money are both much m
The country is passing thorough a phase where the need of transparency at all levels appears to be explicitly essential. There is a trust deficit at all levels, be it the Civil society, public at large or government machinery. The assessees are en
PENALTIES UNDER THE INCOME-TAX ACT For non-compliance with the different provisions of our Income Tax Act, Section 140A, 143(1A), 221 and 271 to 275 give the reference to levy penalty on a assessee. An assessee might be prosecuted for his comply wit
Despite being an important asset for a company, human resource is an asset always ignored by accountants. With regards to assets, there is a fundamental conflict in accounting practices between human and non-human assets. Only non-human assets find
Hey Friend$, Thanks for the response and the appreciation on the article "I CANT BUT HE CAN" which inspired me to write another article for the readers............. Life is full of twist and turns that everyone agrees... L
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