CAclubindia Articles

Libor scandal and its implication

Posted by samir lodha 03 September 2012 20168 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

Service Tax After All Amendments Upto Date

Posted by pankaj 01 September 2012 77932 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

Management of Emotions in Professional Career

Posted by CA SURENDRA KUMAR RAKHECHA 01 September 2012 18094 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

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

Posted by Nirmal Shah 01 September 2012 54791 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

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

Posted by CMA Navneet Kr Jain 01 September 2012 25871 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

Ledger Scrutiny - Backbone of Statutory Audit

Posted by SANYAM ARORA 30 August 2012 172706 Views

Greetings of the Day to all the members of CCI Family. So Professionals September season is going to start & i know everyone will be busy with their respective Audits. The same thing is happening with me & i am also fed up of 6 A.M TO 10 P

Companies Cost Audit Order, 2011

Posted by CMA Arif Farooqui 30 August 2012 17381 Views

Ministry of Corporate Affairs has issued various Cost Audit Orders in Financial year 2011-12, some of which applicable from Financial Year 2011-12 itself and some become applicable in Financial Year 2012-13. Various industries are being brought

Cash basis of accounting followed by non corporate entities

Posted by Vivek Hebbar 28 August 2012 102380 Views

Note on Cash Basis of Accounting followed by non-corporate entities in India Non-corporate entities in India may include an individual, a proprietory concern, a Hindu Undivided Family (HUF), a partnership firm, a LLP, a trust, etc. Unlike a

Section 54 EC case laws

Posted by Saurabh Maheshwari 28 August 2012 26659 Views

Beauty of case laws- Whether its Direct tax law or Indirect tax law or corporate or allied laws, case laws are very important to digest the provisions of law conceptually. The beauty of case law is that it is not only interesting but also clarifies

Indian investors needs communication - Beyond Awareness

Posted by Indraneel Sen Gupta 30 August 2012 7506 Views

Indian economy has been recently downgraded by global rating agency. Well that is the half hearted knowledge being carried by one simple investors, broker and among the financial community.Well why half hearted and where are the loopholes between i