Community & General Articles
Top 10 Estimation Best Practices
1. Use more than one person - By engaging the team in the estimation process we gain the benefits of additional insights and consensus building. Additional people bring different perspectives to estimating and spot things individuals may miss. Also,
FREEDOM ELASTICIZED FOR ACCOUNTING PROFESSIONALS & CORPORATE
FREEDOM ELASTICIZED FOR ACCOUNTING PROFESSIONALS & CORPORATESMr Prem Chand Gupta, the Corporate Affairs Minister, on Thursday committed to provide more freedom to Corporates and Accountancy Professionals under a self-regulatory regime with minimu
A write up on Working Capital
1. Explain the concept of Working Capital. Ans: The term working capital refers to the amount of capital which is readily available to an organization. Working capital finances the Cash Conversion Cycle of a business-the time required to convert raw
The Bullwhip Effect
The Bullwhip Effect (or Whiplash Effect) is an observed phenomenon in forecast-driven distribution channels. The concept has its roots in J Forrester's Industrial Dynamics (1961). Because customer demand is rarely perfectly stable, businesses must fo
All u wanted to know about NRI investments
NRI investments: Some FAQs------------ --------- --------- --------- --------- --------- -Welcome to the NRI Club! But with this change instatus, are you allowed to continue investing inIndia? Read on to know about the regulations you needto comply w
Balance Sheet of Life.. an accountants perspective
Balance Sheet of Life Our Birth is our Opening Balance ! Our Death is our Closing Balance! Our Prejudiced Views are our Liabilities Our Creative Ideas are our Assets Heart is our Current Asset Soul is our Fixed Asset Brain is our Fixed Deposit Thi
Rising rupee :Two sides of the coin
--------------------------------------------------------------------------------If we look at the rising rupee as an export burden, itis a problem. If we look at it as a source of cheapimports, it is an opportunity, says P. V. INDIRESAN.-------------
ICAI decides to introduce new AS
Corporates houses, banks and financial institutions have got just 18 months to begin the changeover to a new set of transparency, inducing accounting standards that will have a major impact on their financial statements. The new norms to classify, va
CA certification vs AO authorisation
India is now an important player in global trade. But the big increases in international transactions also throw up problems on the taxation front. This article looks at the withholding tax implications of cross-border payment for services. In the co
FACTS ABOUT CLEARING HOUSE
DO YOU KNOW - SOME FACTS ABOUT CLEARING HOUSE1. At present there are 1064 clearing houses in the country and they have been functioning as per the model Uniform Regulations and Rules for Clearing Houses (URRBCH). 2. The URRBCH is not stat
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