CAclubindia Articles

List of IFRS

CA. Amit Daga 22 March 2009 at 02:32

The following IFRS statements are currently issued:IFRS 1 First time Adoption of International Financial Reporting Standards IFRS 2 Share-based Payment IFRS 3 Business Combinations IFRS 4 Insurance Contracts IFRS 5 Non-current Assets Held for Sale an

Posted in Accounts | 4 comments | 19338 Views

Discussion on Basics of Financial Market

Manmohan ACA, CS 22 March 2009 at 02:31

Discussion on Basics of Financial Market Discussion 1 What are the various types of financial markets? The financial markets can broadly be divided into money and capital market. Money Market: Money market is a market for debt securities that p

Posted in Shares & Stock | 3 comments | 9729 Views

Requirements of Nominee directors/alternate directors

S.S.NARAYANA 22 March 2009 at 02:29

Duties of the Nominee direcotr/Alternate directors a the year endThe Nominee Director/Alternate Director shall give a notice to the investee company in the prescribed Form 24AA under the Companies (Central Government’s) General Rules & Form

Posted in Corporate Law | 13677 Views

AUDIT UNDER COMPANIES ACT,1956

Jaideep 20 March 2009 at 14:25

AN OVERVIEW RELATING TO AUDIT UNDER THE COMPANIES ACT, 1956 Audit of Annual Accounts of a company is compulsory and is indispensable part of incorporated business. Those who carry on business with the other people’s money have to be accountab

Posted in Audit | 7 comments | 203364 Views

Basic idea of Equity in corporates

Ankur Garg 20 March 2009 at 14:24

Valuable Information. If you watch any news channel or listen to any of your colleagues talking you would have invariably heard the term "Shares". The term shares used here refers to "Equity Shares". "Equity Shares" ar

Posted in Shares & Stock | 13665 Views

WHO IS ENTITLED TO BONUS ?

dheeraj kr singh 17 March 2009 at 19:09

Every employee of an establishment covered under the Act is entitled to bonus from hisemployer in an accounting year provided he has worked in that establishment for not less thanthirty working days in the year on a salary less than Rs. 3,500 per mo

Posted in Corporate Law | 4 comments | 24552 Views

Cost control through ERP

Dilip K Raina 16 March 2009 at 18:49

The third quarter financial results make it clear that the slowdown continues and may prolong. A worst hit sector in the current crisis has been infrastructure, having been hit twice, first by the steep price rise of inputsin land prices raw material

Posted in Info Technology | 1 comments | 12168 Views

Income from business and Profession

anu 16 March 2009 at 18:43

Income from business and Profession 1. What does ‘Profession’ mean? Profession means exploitation of one’s skills and knowledge independently. Profession includes vocation. Some examples are legal, medical, engineering, architectu

Posted in Income Tax | 3 comments | 11553 Views

What is derivative??

Manmohan ACA, CS 16 March 2009 at 18:42

Derivative: MeaningDerivativeThe term "Derivative" indicates that it has no independent value, i.e. its value is entirely "derived" from the value of the underlying asset. The underlying asset can be securities, commodities, bullion, currency, live s

Posted in Shares & Stock | 3 comments | 8967 Views

Restrictions on transfer of shares vis-à-vis Articles of Ass

Suresh Savaliya 14 March 2009 at 12:55

Suresh Savaliya, ACs, LL.m, LL.b. Mumbai Generally, for joint adventures, a private limited company is suitable shape to regulate the relationship between entrepreneurs smoothly. However sometime, because of some limitatio

Posted in Corporate Law | 2 comments | 13545 Views