• In April 2001 the International Accounting Standards Board (Board) adopted IAS 14 Segment Reporting, which had originally been issued by the International Accounting Standards Committee in August 1997.
• In November 2006 the Board issued IFRS 8 Operating Segments to replace IAS 14.
Many times it has been noticed that non-CAs has been misrepresenting themselves as CA member and providing certification services to various Authorities and Stakeholders. Such malpractices started bringing a question on the genuineness of financial documents/certification done by actual CA Members i..
As easier as it has become to avail credit from banks/lenders, the assessment process of an individual's creditworthiness has become more stringent. With every loan or credit card application, certain parameters are assessed against the borrower to check their creditworthiness. This not only dec..
With the deadline until which valuation services are permitted to be rendered without registration under Insolvency and Bankruptcy Board of India ('IBBI') i.e. 31st January 2019, it is most important now than ever to know the provisions of the Companies Act, 2013 ('the Act') which either recommend o..
Three Reasons why Ravneet Gill may make a great CEO for Yes Bank
Ravneet Gill, the banking veteran from Deutsche Bank, will join the private lender Yes Bank on March 1, 2019, as the CEO and MD of the organization. He brings immense experience and foresight to the table, and Yes Bank is poise..
'Banking is necessary; banks are not.' - Bill Gates
Which is precisely why today, we have a plethora of alternative solutions when it comes to monetary transactions. Up to a decade ago, it was hard to fathom money without any involvement from banking institutions. There simply was no alte..
Life can be tough at times, rather very tough. You will fail; you will fall flat on your face. There will be situations where things disintegrated without your fault. Yes, it will happen.
But there will always be things which you can control. There is always a scope of improvement, something will..
Why investors think financial planning is only for rich people?
As a Financial Planner this question is bugging me for a while. So I started my work to find the answer and now I am here.
Now, I want to rephrase this question.
Do you know how many thoughts your mind thinks each hour of the day?
Experts estimate that the mind thinks between 60,000 - 80,000 thoughts a day. That's an average of 2500 - 3,300 thoughts per hour.
If you pay attention to these thoughts, you would be amazed to discover that most of them ..
If anybody asks me, 'Whom do you think the most important person alive in your life so far?' Then my answer is that I am the most important person in my life. If we dispassionately look at the question devoid of prejudices and vested interests and with proper application of our mind, the answe..