CAclubindia Articles


XBRL: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 14 May 2012 37367 Views

Cost Records Compliance Report and Cost Audit Report to be filed in XBRL Language MCAs Initiative to integrate Financial and Costing Reports MCA has issued a circular No. 8/2012 on 10 May 20



Quit or not Quit?

Posted by CA Sourabh Agarwal 14 May 2012 33870 Views

I got this idea by reading a quotation which goes like this: DONT QUIT YOU ARE ALREADY IN PAIN. YOU ARE ALREADY HURT. GET A REWARD FROM IT. And when I gave it a thought, I found that every motivational quote certainly revolves around the conc



Value of CA Services

Posted by Amol Gopal Kabra (CA,CS,DISA) 14 May 2012 23423 Views

Earlier, I have written various articles relating to students. This is my first article keeping in mind Chartered Accountants in Practice. This article also applies to any professional providing services in the form of practice. However, I am writ



Research on Study Pattern of Practical Subjects

Posted by CA SURENDRA KUMAR RAKHECHA 10 May 2012 33447 Views

The first paper of Accountancy clean bolds most of the students in CA Final.(Read my Article: 6 months in waste; now invest at CAclub).The reason:The paper was too length



Compulsory Convertible Instruments under Revised Schedule VI

Posted by Sanjay Chauhan (IFRS) 10 May 2012 37069 Views

Facts of the case Indian Entities have issued Foreign Currency Compulsory Convertible Bonds / Compulsory convertible debentures. How should the same be classified under revised Schedule VI? Revised Schedule VI Excerpt from Guidance



SARFAESI Act - The importance of claim for Loss and Damages

Posted by T.R.Radhakrishnan 10 May 2012 27255 Views

Many instances have been reported that the Authorised Officer and the Presiding Officer of DRT rejecting the claim for loss and damages or counter claims by the borrowers under SARFAESI ACT.



TDS is not Tedious - Other side of the Coin

Posted by Amol Gopal Kabra (CA,CS,DISA) 10 May 2012 24825 Views

In the earlier article, I have mentioned that TDS is not Tedious. Theoretically, that is completely right. But practically, it has not been proved so. Practically, TDS has actually become very tedious. This is not because of the prov



Using IT to Increase Productivity

Posted by Sunil Kumar Gaur 09 May 2012 12508 Views

Using IT to Increase Productivity The present age is the age of technology. Whether it is preparation or filing of Income tax return, TDS return, VAT or ROC documents everything is online now a day. Whether we like it or not IT is here to stay and



Auditing - A Beginners Guide

Posted by SANYAM ARORA 08 May 2012 77456 Views

Greetings of the Day to all My Lovely friends : - It had been months that i have not contributed anything on CA CLUB INDIA ( CCI ). A couple of days before a new intern Joined my firm, and beleive me he was too freithned. He asked me that you all



International Financial Reporting Standard (IFRS): Principle based Standard

Posted by Sanjay Chauhan (IFRS) 09 May 2012 26424 Views

IFRS are considered a "principles based" set of standards that establish broad rules for accounting.Rules-based standards such as US GAAP have an accounting rule for almost every type transaction. There are various oversight bodies whose objective is




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