CAclubindia Articles

Cloud Computing - Opportunities and Challenges for CAs

Posted by CA Tejas Andharia 05 September 2012 21277 Views

Let us see this concept of Cloud Computing in short and sweet manner along with the opportunities and challenges for Chartered Accountants in this field. Cloud computing is a technology that uses the internet & central remote servers to mainta

Libor scandal and its implication

Posted by samir lodha 03 September 2012 20161 Views

How is the Libor setting done - BBA Libor is in use since 1986. Currently its calculated by Thomson Reuters on behalf of British Bankers Association (BBA). Libor is calculated for 10 different currencies and for 15 different maturi

Revised procedure for filing petition to shift the reg office

Posted by CS Ankur Srivastava 03 September 2012 69790 Views

Ministry has issued a notification on 10/074/2012 and delegated the powers of section 17, 141 & 188 of the Companies Act, 1956 to the Regional Director and also change the procedure of filing the Petition for the approvals in the respective sect

Procedure for Amendments/Changes in the Registered Firm

Posted by CS MOHIT SALUJA 03 September 2012 123572 Views

Procedure for Changes/ Amendments in the Constitution of Registered Partnership Firm The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.Under Section 58 of the Act, a firm may be registered at any time (not mer

Performing Agreed Upon Procedures

Posted by Milind M. Kulkarni 03 September 2012 20676 Views

As a part of our professional work, we are often required to carry out Agreed Upon Procedures (AUP). Let us have a look at what AUP mean, what approach is required while performance of AUP and what are applicable standards issued by ICAI. Meaning AU

A look at draft guidelines of GAAR

Posted by G S Rao 03 September 2012 12521 Views

Introduction: The Union Budget 2012 contained a controversial retrospective amendment proposal and General Anti Avoidance Rule (GAAR). The effective date of GAAR was postponed to 01.04.2013 to the relief of many Assessees. In this article the int

Cost Auditors Appointment: Penalties for Non Compliance with respect to Appointment of Cost Auditor Notified

Posted by CMA Navneet Kr Jain 01 September 2012 25828 Views

29th June, 2012 was the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13) with M

Analysis of Clarification issued by MCA Dated 9-8-2012

Posted by Nirmal Shah 01 September 2012 54762 Views

Accounting treatment of Foreign exchange fluctuation (Forex) is covered under various standards as follows: AS 10 - Forex on liabilities for FA purchase etc, AS 11 - Forex on Monetary items, forward cover forex, forex on Long term monetary items e

Management of Emotions in Professional Career

Posted by CA SURENDRA KUMAR RAKHECHA 01 September 2012 18065 Views

MANAGEMENT OF EMOTIONS IN PROFESSIONAL CAREERS A Research Specially written for caclubindia users. We are mostly affected by Emotions in two circumstances When we ar

Service Tax After All Amendments Upto Date

Posted by pankaj 01 September 2012 77920 Views

What is Service Tax? Whether it is direct or indirect tax? Service tax is an indirect tax levied on certain services provided by certain categories of persons/firms/agencies. Service sector was not taxed for considerably very long time. For the fir