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Comparison of IND AS 1 and existing AS 1
Accounting Standard 1 i.e. Disclosure of Accounting Policies deals with disclosure of significant accounting policies followed in preparing and presenting financial statements whereas IND AS 1 i.e. Presentation of Financial State
ERP Programme Assurance
ERP programme assurance key to saving moneyBy Hari IyerThe mantra for every senior management is to ensure that every penny counts in the management of their company. Instead of looking for various cost saving measures, one could increase the return
GST: Things you Need To Know
One of the major Indirect Tax reforms that India is going to face is in form of Goods & Services Tax (GST), which will replace the current Multiple Indirect Tax regime. GST is being debated over in India for about more than a decade and it has go
HRA: An effective tax planning tool
IntroductionAccording to Section 14 of Income Tax Act, 1961, the income of a person is classified under various defined heads of income. Thus, for the purpose of computation of total income, the income is first categorized under the heads of income a
Exam Results: Kahin Khushi Kahin Gham
I write this article on 20th January 2015, one day after the CA Final results were declared. As with any result there were moments of ecstasy on one side and then there were also the moments of sorrow and crying for those who didn't clear. Thos
9 Steps for conducting audit
In our routine work of audit we facing lots of problems but the question arise how to deal these problems nobody knows. Every article knows to conduct the audit but the question is how to start it and what should be the steps to be taken for conduct
CA Pass - CA Fail
Congratulations to all those who cleared CA exams and entering in to the members world. All the best to those who could not clear this time, but I am sure they can fly with colors in the next attempt. This is the time we often
5 Easy steps to convert Private Limited Company into LLP
5 Easy steps to convert Private Limited Company into LLP .STEP 1:- Decide PartnersAs only members can be the partners of proposed LLP. At least 2 partners should be designated partner. In case of Body Corporate who was the member of
A journey towards CA final - Tips
A journey towards CA final - TipsHey guys! Congratulations to one and all not only those who passed CPT & CA Finals but also to all those who attempted. Chartered Accountancy is not just a mere course for acquiring skills and a bright career, it goes
Suggestions for the Budget 2015-16
Suggestions For This Budget: 1. Honor those Who are Ranked in Top: This suggestion is made to give due respect to the citizens of India who comply with the pr
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