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Governance and Risk Management Failures Contributed to Failure of Major UK Bank - Marks on Governanc
Posted Date : 31-Dec-2011 , 10:55:37 am | Posted By Abhishek Shukla

  Governance and Risk Management Failures Contributed to Failure of Major UK Bank Norman Marks, CRMA, CPA, is a vice president for SAP and has been a chief audit executive and chief risk officer at major global corporations for more than 20 years.   The UK&r...

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Category : Auditing | Comments : 2 | Hits : 390

OVERLOOK OF SECTION-195 OF INCOME TAX ACT, 1962 COSTS VODAFONE INTERNATIONAL PENALTY DUE to SECTION-201(1)
Posted Date : 27-Dec-2011 , 06:43:32 pm | Posted By Amit Bhatia

  OVERLOOK OFSECTION-195 OF INCOME TAX ACT, 1962 COSTS VODAFONE INTERNATIONAL PENALTY DUE to SECTION-201(1) This article is about section 195, section 201(1) & case of Vodafone International Holdings B.V. vs. Union of India. In this article I brought out the analysis of sectio...

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Category : Income Tax | Comments : 1 | Hits : 1355

The Pencil
Posted Date : 26-Dec-2011 , 06:56:02 pm | Posted By Neha Jain

The Pencil   A boy was watching his grandmother write a letter and he asked her if she is writing a story about him. His grandmother stopped writing her letter and told her grandson “I am writing about you, actually, but more important than the words is the Pencil I’m usi...

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Category : General | Comments : 0 | Hits : 599

Awareness for Professionals!!!!
Posted Date : 21-Dec-2011 , 07:13:13 pm | Posted By Lavina Bajaj

  INDIA IS A DEMOCRATIC NATION AND WE ARE DEMOCRATIC INDIANS!!!! NOW WHAT A DEMOCRACY MEANS??? IT MEANS THAT WE ARE FREE TO CHOOSE OUR LEADERS AS PER OUR CHOICE... BUT WHATS THE USE OF SUCH LEADERS????  ...

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Category : General | Comments : 0 | Hits : 601

Forensic Auditing -Concept
Posted Date : 21-Dec-2011 , 09:39:48 am | Posted By Arpit Khetan

FORENSIC ACCOUNTING- Concept   Forensicauditing is a comprehensive auditing tool. Once it is completed, the organization's key stakeholders should capitalize on the work by implementing controls to reduce the risk associated with the event ide...

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Category : Auditing | Comments : 2 | Hits : 1562

Penalty Clause on CHARTERED'S!!!!!
Posted Date : 20-Dec-2011 , 10:52:18 am | Posted By Lavina Bajaj

  Chartered ko banaya cost accountant ye zulm kya kam tha hum par jo itni jaldi parliament ne ek aur ghatak prahar kar diya hum par..... unka passed bill ke anusar CA jis company ka auditor ho and uss company mein ko scam pakra jata hai, than wo CA is resp...

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Category : General | Comments : 3 | Hits : 1388

KEEP THE SPIRIT UP
Posted Date : 16-Dec-2011 , 11:02:39 am | Posted By INDRANEEL SEN GUPTA

  We are all busy to follow and hear the activities of Anna Hazare and Lokpal bill. He is only man fighting along with his supporters for bringing the Black Money back and eliminating the fraudulent practices of the Indian economy.   According to the data...

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Category : ICWAI | Comments : 2 | Hits : 604

No. of Auditors who are Empaneled for Draft Branch Auditor for 2011-12
Posted Date : 15-Dec-2011 , 05:03:11 pm | Posted By CA Mordhwaj Garg

CATEGORY - I       1336 CATEGORY - II      2122  CATEGORY - III     3568 CATEGORY - IV    18158 INELIGIBLE             3802           TOTAL      289...

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Category : Banking | Comments : 0 | Hits : 1323

ca profession and unemployment
Posted Date : 13-Dec-2011 , 10:35:31 am | Posted By Lavina Bajaj

  Chartered Accountants and Unemployment     “Its generally being said that CA is not an easy nut to crack.”   Well, its true also to a great extent. All those who are associated with CA profession will agree to this. This profession is avow...

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Category : Students Zone | Comments : 9 | Hits : 3774

Art of living well
Posted Date : 12-Dec-2011 , 06:35:39 pm | Posted By Neha Jain

                                                                  Art of living well      &nb...

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Category : General | Comments : 3 | Hits : 608

How to answer tough interview questions?
Posted Date : 06-Dec-2011 , 10:08:13 pm | Posted By AKHIL MAHESHWARI

  There's no worse feeling than when you're in an interview and the interviewer asks you a question to which you don't know the answer.  The best way to handle this dreaded debacle is to go into the interview prepared. Familiarize yourself with a few common difficul...

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Category : General | Comments : 7 | Hits : 1174

SETTLEMENT COMMISSION
Posted Date : 06-Dec-2011 , 12:27:20 pm | Posted By CA Akshay Joshi

  What is Settlement Commission?   Income Tax Settlement Commission is a premier Alternative Dispute Resolution (ADR) body in India. Its mandate is to resolve tax disputes in respect of Indian Income Tax & Wealth Tax Laws. Its approach is to resolve disputes through cons...

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Category : Income Tax | Comments : 0 | Hits : 494

CPE hours requirements for 2011-2013
Posted Date : 04-Dec-2011 , 09:26:49 pm | Posted By CA.Khurana Vivek

CPE hours requirements for various categories of members of the Institute for the Block period of 3 years (01-01-2011 to 31-12-2013)   o    All the members who are holding Certificate of Practice (except those members who are residing ab...

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Category : ICAI | Comments : 1 | Hits : 6522

INDIAN INFRASTRUCTURE ...FINANCING MODELS????
Posted Date : 03-Dec-2011 , 09:40:40 am | Posted By INDRANEEL SEN GUPTA

  For many years India’s lack of infrastructure has been identified as one of the major constraints on sustaining a high growth rate. India is reeling under the low GDP growth due to improper infrastructure. For example if one Glass Factory plans to supply glasses by container trav...

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Category : Finance | Comments : 0 | Hits : 800

Something interesting about "GOLD PRICES"
Posted Date : 03-Dec-2011 , 09:33:20 am | Posted By CA. Akhil Agrawal

You will often read how various experts in the financial press will say that the Gold price "should be" about $2000/oz., to $3000/oz., or slightly higher. But what they almost never say is how they arrived at their figures, and what assumptions they are making. T...

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Category : Finance | Comments : 1 | Hits : 732

INVENTORY VALUATIONS AND BOARD OF DIRECTOR’S RESPONSIBILITY 2011-12 ONWARD UNDER NEW COST ACCOUNTING RECORD RULES-2011:
Posted Date : 30-Nov-2011 , 12:21:36 am | Posted By NAVNEET KUMAR JAIN

  INVENTORY VALUATIONS AND BOARD OF DIRECTOR’S RESPONSIBILITY 2011-12 ONWARD UNDER NEW COST ACCOUNTING RECORD RULES-2011: By Navneet Kumar Jain, Practising Cost Accountant, Delhi Inventory valuation is one of the most important task in the accounts finalisation process. The...

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Category : Accounts | Comments : 0 | Hits : 1502

Difference between FDI and FII
Posted Date : 29-Nov-2011 , 05:29:46 pm | Posted By CA.Khurana Vivek

FDI vs FII   Both FDI and FII is related to investment in a foreign country. FDI or Foreign Direct Investment is an investment that a parent company makes in a foreign country. On the contrary, FII or Foreign Institutional Investor is an investment made by ...

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Category : International Business | Comments : 4 | Hits : 1733

DEBT SECURITIZATION
Posted Date : 29-Nov-2011 , 10:24:08 am | Posted By CA Akshay Joshi

  DEBT SECURITIZATION What is Securitization? Securitization is the process by which financial assets such as loan receivable, mortgage backed receivable, credit card balances, and hire-purchase debtors, lease receivable, trade debtors, etc. are transformed into securities. ...

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Category : Accounts | Comments : 0 | Hits : 7793

SENSITIVITY ANALYSIS:
Posted Date : 29-Nov-2011 , 10:18:22 am | Posted By CA Akshay Joshi

SENSITIVITY ANALYSIS:   Ø  NPV of the project are calculated out of estimates of cash flow that are invariably derived from forecasts of other primary variables, such as the project’s life, salvage value, production costs etc. &Osl...

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Category : Shares & Stock | Comments : 0 | Hits : 580

INDIA'S MISTERY SHOPPERS...NEW EXTERNAL AUDIT MECHANISIM
Posted Date : 28-Nov-2011 , 03:39:26 pm | Posted By INDRANEEL SEN GUPTA

Stiff competition on the streets among consumers has leaded every business to sales its products under various non festive promotional offers. So many brands and so many choices has lead consumers to choose from a wide variety of choices whereas companies has to face tough comp...

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Category : Auditing | Comments : 0 | Hits : 391

IRON ORE TRADING NEW PLATFORM BY CHINA
Posted Date : 27-Nov-2011 , 02:39:18 pm | Posted By INDRANEEL SEN GUPTA

Another new member is being introduced in the family of commodity trading but with a different style. Surprised to read which new item is being introduced. China is way ahead of thinking and investing new tools of investments in the financial market. Earlier US used to be the l...

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Category : International Business | Comments : 0 | Hits : 393

West Bengal Education needs a Relook.
Posted Date : 27-Nov-2011 , 02:37:11 pm | Posted By INDRANEEL SEN GUPTA

It’s a welcome approach by the new West Bengal government to bring a sea change in the state education system after stained marks of exam paper leak out and it quality of education of West Bengal during the era of the old government. After a long time the West Bengal is m...

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Category : Students Zone | Comments : 0 | Hits : 538

Important Link for CA Students. (Suggested Answers / RTP / Molk Test / Question Papers / Study Material)
Posted Date : 27-Nov-2011 , 02:25:50 pm | Posted By Anjali Arora

  Dear Friends, Here are some Important Link for CA Students. Plz click any where..   For Suggested Answers   Integrated Professional Competence Course [IPCC] Professional Competence Course [PCC] ...

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Category : Students Zone | Comments : 3 | Hits : 3091

How To Stay Highly Motivated
Posted Date : 25-Nov-2011 , 02:03:04 am | Posted By CA Amit Bajaj

The degrees of success and happiness we achieve in life result overwhelmingly from the actions we take. But the actions which matter most are not those we do every now and then. It is our consistent actions (our habits) which more than anything else determine the direction and success of our live...

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Category : Income Tax | Comments : 0 | Hits : 522

TIPS FOR A BETTER LIFE IN NEW YEAR.....FROM YOGA
Posted Date : 24-Nov-2011 , 12:19:14 pm | Posted By AKHIL MAHESHWARI

Dear Friends, Before preparing for next year 2012, we need to practice on a few points from now onwards which will help us in making our life better for next year in very advance, and therefore i am here in front of you with some helpful tips, some of which may be already with you but some ma...

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Category : General | Comments : 2 | Hits : 412

How to Search For Job Vacancies?
Posted Date : 23-Nov-2011 , 04:32:50 pm | Posted By AKHIL MAHESHWARI

  Dear Jobseekers,   Some people believe that attending higher institutions and graduating with good grades is a enough for them to get their dream jobs. If you have this mindset, then you are making mistake and you may get disappointed and frustrated sooner than later. ...

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Category : General | Comments : 3 | Hits : 1087

BIOLOGICAL ASSETS
Posted Date : 22-Nov-2011 , 08:05:24 pm | Posted By CA Akshay Joshi

  What does it mean? Biological assets are living plants or animals, such as trees in a plantation or orchard, cultivated plants, sheep and cattle, etc. The term was introduced in International Accounting Standard 41, Agriculture. It applies to biological assets, agricultural pro...

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Category : Accounts | Comments : 0 | Hits : 656

Incredible India Taste Of India
Posted Date : 21-Nov-2011 , 09:20:13 am | Posted By CA VIPIN GARG

India is a land of multiplicity which attracts tourists and travellers from various parts of the world. India’s rich heritage and culture combined with scenic beauty makes it a traveller’s fantasy. India’s magnificent past and momentous gallant stories about its rulers are showc...

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Category : General | Comments : 0 | Hits : 302

Importance of Good Health
Posted Date : 19-Nov-2011 , 10:17:00 am | Posted By CA VIPIN GARG

Good Health is a secret of every happy man. There is an old saying that “Health is Wealth” Why it is so. Have you ever think about it. Why health is wealth because if your health is good then you are good if you are good then you work properly if you work properly then you get wealth....

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Category : General | Comments : 0 | Hits : 265

Technical Writing Tips and Tricks
Posted Date : 19-Nov-2011 , 12:03:29 am | Posted By AKHIL MAHESHWARI

  Dear Friends,   Technical writing is a fabulous career for anyone who loves research and writing. If you have a degree in accounting, engineering, biotechnology, or computer technology, consider becoming a technical writer. You don’t necessarily need a degree to beco...

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Category : General | Comments : 3 | Hits : 286

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