There are three types of accounts basically in the accounting, all the accounting entries shall be based on this accounts, these account types decides the nature of account and based on such nature of account treatment shall b
The buying or selling of a security by someone who has access to material, nonpublic information about the security.Insider trading can be illegal or legal depending on when the insider makes the trade: it is illegal when the material information is
Introduction: The Companies Act, 2013(the Act or New Act) aims at enhancing Corporate Governance by clearly defining the duties of directors and fixing additional responsibilities and defining the attributes and role of independent directors to
Chartered Accountants an expert in the field of Accounts and Audit!!!! Does this Statement suits the CAs these days, Very difficult question to answer, Right??? The Fundamentals ( Basics) Even having such a vast and comprehe
Are provisions of inter-corporate loans and investments applicable only to public company?Yes.What are the conditions for making Inter-Corporate loans and investments?1. Approval of board.2. Unanimous resolution passed in board meeting.Is there any c
Corporate Social Responsibility (CSR) new hot topic introduced by Companies Act, 2013.Many times we have heard about CSR but what exactly it is let us now understand. What is CSR ? As a layman if we explain it t
Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani
Corporate greed & corruption witnessed in the Rs. 1.76 lacs crore 2G scam, which involved many large businesses last year only got bigger this year with a host of other cases grabbing the limelight. Be it the much bigger Rs.1.86 lacs coal scam,
We all study Accounts, Law, Audit, Cost, DT, IDT, SFM and ISCA. But why is it so that only handful are able to pass them? Some say, my DT is weak, I cant understand the concepts of SFM or some blame it on ISCA or Audit. But do you really think Accou
Shastrartha: Taxation of Gifts received on Diwali Man: Hey Lord! The festival of Diwali has brought us closer to our relatives. The exchange of blessings, gifts, sweets arouses the love that exists amongst us. God: It is good to enjoy but never fo
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