CAclubindia Articles


CA Students and the power of money

Posted by KAAPIL 04 November 2007 10396 Views

Money! Oh yeah! The most powerful thing in the world. Money is what money does. Money can buy Rs. 251 Crore Corporate Jet by Mr. Mukesh Ambani for his wife on her birthday. It is money which makes rich and famous. Carlos Slim, Warren Buffet and Bill



5 tips for surviving an audit

Posted by Mr. PURNA P 03 November 2007 16193 Views

5 tips for surviving an audit If you are being audited, don't panic. Be prepared and know your legal rights.1. Do your homework. Before you go into the auditor's office, get organized. Get all your papers together. Go over your return carefully. Beco



CA Students should become like Arjun

Posted by KAAPIL 01 November 2007 11232 Views

I am once again addressing articles to all CA Students. Dear Friends, I have noticed among few students that there is a trend to do other courses in order to get an added qualification. Please do remember that CA itself is the best qualification by a



Life as an Articled Assistant

Posted by KAAPIL 31 October 2007 14022 Views

I am addressing to all the students who are or are going to become Articled Assistant. Remember, your life will start at office and this is the time to grab the opportunity to learn. There is a popular adage, "I wanted to learn but nobody taught me"



Auditing needs to become global

Posted by Aisha 29 October 2007 5938 Views

European investors today regularly invest across national borders. In order to safeguard their interests, the European Commission (EC) is concerned about the regulation of non European Union (EU) audit firms and has proposed principles for such regul



Women directors can bring great value to corporate India's boardrooms

Posted by Aisha 28 October 2007 5998 Views

D Murali "It is not enough for best-employersand HR (human resource) leaders to simply focus on increasing the'number' of women in the workforce - either at the entry-level or atthe mid-executive level. The priority should also be on including women



Balance Sheet of Life.. an accountants perspective

Posted by Aisha 28 October 2007 5469 Views

Balance Sheet of Life Our Birth is our Opening Balance ! Our Death is our Closing Balance! Our Prejudiced Views are our Liabilities Our Creative Ideas are our Assets Heart is our Current Asset Soul is our Fixed Asset Brain is our Fixed Deposit Thi



Five key issues in FBT guidelines on ESOPs

Posted by Mr. PURNA P 26 October 2007 5572 Views

Five key issues in FBT guidelines on ESOPsThere are at least five niggling problems with the new norms issued for ESOP (employee stock option) valuation, says Mr Vikas Vasal, Executive Director, KPMG. "First, in the case of unlisted companies, no par



Tax implications of offshore derivative instruments

Posted by Mr. PURNA P 26 October 2007 6041 Views

Will the proposed review of foreign institutional investor (FII) regulations about issuance of ODIs (offshore derivative instruments) have any income-tax implications in India for the foreign investors? The answer appears to be in the affirmative."Th



Note on Retainership of Consultant

Posted by Dayal 19 October 2007 33194 Views

Note on Service Tax - Retainership of Consultant The retainership is covered by the ambit of service tax and would be covered under the definition of Management consultant. Management consultant as defined under the statute Date of Introduction: 16.1




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