CAclubindia Articles
"The Audit Landscape: 2001-2007" -ABROAD
Big Four Audit Firms Feel the Effects of Post SOX Inroads As Audit Fees SkyrocketThe Corporate Library today has released summary findings from its seminal study of the changes in the audit industry post Sarbanes-Oxley. In-depth analysis and data und
Period of Preservation of Accounts
Central ExciseDaily Stock Account of goods produced must be maintained for 5 years immediately after the financial year to which such records pertain Maharashtra Value Added Tax Rules Every Registered Dealer must preserve all books of account, regis
HOUSING SOCIETIES TRANSFER FEES TAXABLE
HOUSING SOCIETIES in the city that disputed the applicability of income tax on transfer fees - collected by a society when a flat is sold by a member - may have to pay up. The Income-Tax (I-T) Department has begun issuing notices to such housing soci
Case study on IS Audit
Case study on IS Audit You are chartered accountant in practice who has recently passed the ISA Exam. Your firm has received an inquiry from a Public Sector Bank for submitting a proposal for IS Audit. Key highlights of the inquiry are:Software Packa
Identifying Risk
Identifying RiskBy Kallman, James Creating a risk management program is a critical prerequisite to measuring risk. But once we have a clear understanding of our organization's goals, the risk associates who will help and the standard operating
Do's & don'ts of working with Auditoes
The Do's and Don'ts of Working with Auditors by Carol WoodburySOX, PCI, ISO.. You're going to have to work with auditors eventually. Whether you're working with an auditor who's performing an internal \nor external Sarbanes-Oxley (SOX) audit, a Paymen
Single window clearances envisaged for SEZs
The Union Minister of Commerce & Industry called for a coordinated effort by all stakeholders so that SEZ Scheme can fulfill its objectives and is implemented efficiently by the State Governments by providing single window facilities and all othe
OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADA
OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No
Re-hit exporters may get extra sops as govt worries on missing target
The government is likely to dole out an additional relief package for exporters hit by an appreciating rupee by the month-end with fears that the country may not achieve the $160-billion export target. The move comes at a time when the exporters have
Report on Indo-EFTA trade pact by year-end
A Joint Study Group (JSG) of India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Liechtenstein and Iceland, set up last December to explore the possibility of entering into a broad-based trade and investment agreemen
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