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How to improve Productivity in F&A Function?

  Tulasi S Sastripro badge    06 January 2015 at 10:35

1. In F&A, normally understood processes are Invoicing, Purchase Accounting, Inventory, Accounts Payable, Fixed Assets, Accounts Receivable, Cash & Bank Operations, Payroll, Taxation, Period end Procedures, and Financial Reporting. 2. Uneven



Happy New Year!!! But is it for the Taxpayer?

  CA Umesh Sharmapro badge    06 January 2015 at 10:35

Karniti Part 70 Happy New Year!!! But is it for the Taxpayers??Arjuna (Fictional Character): Krishna, New Year 2015 is celebrated everywhere with joy and enthusiasm. But why is New Year different in Financial and taxation world? What is its



'Wilful default' by the borrowers: Whether needs further stringent norms?

  CS ( Dr.) Rajeev Babel    03 January 2015 at 10:59

1. Introduction: Loans and advances given to borrower becomes non-performing advances (NPA) for a bank, if it ceased to generate income for the bank. This may be for the variety of reasons like, poor credit discipline, Inadequate credit and risk mana



The pioneer myth of CA v/s MBA

  Jitendra Gianchandani    03 January 2015 at 10:59

Comparing a CA and an MBA is like comparing Mahatma Gandhi and Vijay Mallya. Though both are humans but have poles apart persona, one has a dry-as-a-bone lifestyle, while the other has a fluid lifestyle. Excuse me! I am talking about CAs and MBAs.Any



Benefits to be considered for differently abled in upcoming Budget 2015

  CA Chirag Chauhan    30 December 2014 at 10:32

To,Honable Finance Minister- Mr. Arun Jaitley Dear Sir,Subject:-Benefits to be considered for differently abled in upcoming Budget 2015 As per estimates more than eighty million people in India suffer from some or the other form of disabilitie



Management of NPA

  T.R.Radhakrishnan    30 December 2014 at 10:32

IMPORTANCE OF HUMAN RESOURCES. Management of non-performing asset (NPA) is one of the foremost challenges of the banks and financial institutions. Most of the time while finding solutions to this issue, the more important aspect of human resources is



Questions to ask while designing Employee Incentive Schemes

  Tulasi S Sastripro badge    30 December 2014 at 10:32

Performance Incentive Schemes have all along been considered an important tool in the hands of the management, to differentiate between high performers and others, and to suitably reward the former. Where the overall output is dependent on employee g



P.K.'s view on Indian Tax system. Enjoy it!

  CA Umesh Sharmapro badge    29 December 2014 at 17:57

KARNITI PART 69 P.K.s view on Indian Tax system. Enjoy it! Arjuna (Fictional Character): Krishna, Aamir Khans recently released movie, P.K., is in Limelight. Tell me, if this cha



Process for PAN application for Resident Indian

  CA Chirag Chauhan    27 December 2014 at 11:38

Permanent Account Number is a number allotted to a person by the Assessing Officer for the purpose of identification. PAN of the new series has 10 alphanumeric characters and is issued in the form of laminated card with photograph PAN enables the dep



What is credit insurance

  yashika jain    26 December 2014 at 10:55

CREDIT INSURANCEBefore I begin, though I have discussed about credit insurance in detail, I would like to say that this tyoe of insurance is not usually offered in India. It is a new form and not much talked about. Thank you.WHAT IS IT?Credit insuran




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