CAclubindia Articles

Why we need Internal Auditing?

Srinath P 21 March 2013 at 11:19

Most of the executives of successfully running small medium enterprises have this question in mind. We have already spending for statutory audits (namely external audits) and why we need to spend again for internal aud

Pre-requisites of Section 91(1) and 192 of I.T. Act, 1961

Gaurav Pahuja 20 March 2013 at 11:29

Pre-requisites of Section 91(1) and 192 of I.T. Act, 1961 In this write up, the author has enlightened the pre-requisites of Section 91(1) and 192 of the Income Tax Act, 1961 keeping in view the basic objective of the concerned section. Also t

Industrial Visit

Sweta Singh 20 March 2013 at 11:28

According to Sir Francis Bacon, Travel is the younger part of education, in the elder part of experience. On 2nd March, 2013, The ICAI Si

Internal Audit Process and Reporting

Dr. Rashid Mehmood, CPA, Ph.D 20 March 2013 at 11:28

I received a message from one of our club member and she was keen to learn internal audit process & reporting and requested for some sample audit report. I replied her to develop her own audit report and send me for review, after reviewing the

Some excel formulas

CA Rishabh Pugalia (ExcelNext) 19 March 2013 at 11:11

Case Study 1: Compute 7th of next month Application area: Computing due dates of statutory payments based on invoice dates. Used to check whether payment has been made on or before due date.

CSR is more than Philanthropy!

Kannan Iyappan 19 March 2013 at 11:11

Philanthropy means the act of donating money, goods, time or effort to support a charitable cause in regard to a defined objective. Philanthropy can be equated with benevolence and charity for the poor and needy. Philanthropy can be any selfless g

Net Working Capital - Networking of Capital

CA S.SAIRAM 19 March 2013 at 11:11

NET WORKING CAPITAL Networking of Capital: Reduction of Net working Capital requires understanding the networking of Capital. At the threshold we all are aware that Net working capital is the difference between Current asset and Current lia

Assortment of amendments in Penal Provisions of Service Tax

Pradeep Jain 18 March 2013 at 17:23

INTRODUCTION:- Beware if you are the one illicitly holding the government revenue!!! Government is all set to severely punish the people contravening the provisions of Finance Act, particularly, when one collect the service tax and fails to deposi

The importance of training

T.R.Radhakrishnan 18 March 2013 at 11:49

The need to have knowledge workers and employees is being felt more and more in the changing business and production environment globally including India.

More famous Chartered Accountants

Akash Shiv Sarawgi 18 March 2013 at 11:49

After I published my article on http://www.caclubindia.com/ about famous chartered accountants , I came to know about some more famous Chartered Accountants (CA), courtesy: people who commented on my article. After reading about them too, my pride i