Community & General Articles
Steps in Ledger Scrutiny
Ledger scrutiny is part of audit procedures, like vouching, posting etc.The scrutiny is required in all type of audit whether the same is Internal Audit, Statutory Audit. Ledger scrutiny is to be done for all type of clients whether the same is Pvt
Amended rules of chapter XII
RELATED PARTY TRANSACTIONS (RPTS) ………….. Went to the operation theatre once again and came back with ………….some additions, some deletions, some clarity and a lot of confusion The Ministry of Corp
Money Laundering in India
Hi all, Let us start from definition of Money laundering defined under Prevention of Money Laundering act, 2002 & with some insights about its impact on economy. Definition of Money Laundering:- Money laundering involves disguising financial asse
The lament assessee asks "Kya yehi hai ache din?"
The most awaited 2014-2015 Finance Budget was presented by Hon’ble Finance Minister, Arun Jaitley on 10th of July 2014. The sugar-coated budget did not aim at bringing any major change due to the reason that there was short time span but still
Banking in India- the fallouts
Banking in IndiaBy Mr. Inani BP (Swan Finance Limited) Most of the PSU banks/Scheduled Commercial banks, sitting on Public money are less equipped to understand the nuances of any business that they fund. This promotes the bankers to fall for safe he
Areas to Find Syndicate Bank CMD
Though, everybody shows to be surprised when the news of a Bank CMD with CBI, LIC Hsg some time back, the features of this naturewill be observed everywhere in routine financial activities, starting from the base level of the branch till the last lay
Tour Operators: Cry is still on, Budget 2014 partly wiped their tears
INTRODUCTION The budget 2014 has arrived and the Honble Finance minister has bought in several, if not many, changes in the service tax regime. In his endeavour to put the indirect tax laws in road to GST, he has avoided major changes but for
CA Final Results Account
As an intro, I am a CA Final student doing my articleshihp in Deloitte and having my CA Final exams in May'15. Yesterday it was the day, the day when CA final results were declared. There was a great hustle and bustle in the office. Everyone was
Finance Bill 2014 got Presidential assent on 6th August 2014
Following changes as proposed by the Finance Bill 2014, became applicable. Amendment - Finance Act, 1994 1) Time limits for adjudication: Time limits for completion of adjudication: (i) 6 months from date of notice, in bonafide cases and(ii) 1 year f
Education System for Super Power India
The moments of inspiration for this article - It was 9th July, 2014, I was checking my Facebook newsfeeds wherein I found this status update from a student Our reaction when four lectures of presentation got cancelled..Wopppppppppieeee
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