Internal audit is a continuous and systematic way of risk management, and proper governance in order to bring out more transparency and accountability in the company's activities.
Before we get into this question, one needs to understand the structure of the US CPA Exam. Any exam in my opinion has to test the foll...
GST on Co-operative Society1.IntroductionGST as we all know is the tax payable when goods or services are supplied. It is very important to understand the conce...
MANU CONVERSATION BETWEEN MANU AND VINU ABOUT CURRENT RATIO VINU Manu Vinu! You are looking very angry. What happened?Vinu Manu! I am sick of our Bankers! They denied working capital loan to our company by just quoting one ratio.Manu What was that
The changes introduced in the Tax Audit Form in Form 3CD from the AY 2021-22 are shown in this article, in a tabular form. These changes in Form 3CD are effective from the 1st day of April 2021.
Several amendments have been proposed in the 47th GST Council Meeting.The government issued nine Central Tax (Rate) notifications starting from number 03/2022 to 11/2022 on 13th July 2022. These notifications provide details about the changes in GST rates and shall come into effect from 18th July 2022
IT Deduction from salaries during the Financial Year 2019-20 under section 192 of the IT Act, 1961
Valuation of closing stock requires consideration of Income Tax, Cenvat, Accounting Standards and Company Law.Stock should be valued at cost or market value, whichever is lower, as it is a prudent business practice. This principle has been accepted i
TDS Rates & Provisions for F.Y.2018-19 TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required
On 07th of February, I got an opportunity to attend 68th ICAI Annual Function at Vigyan Bhawan, New Delhi. It was an august gathering with all eminent personali...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English