CAclubindia Articles

Cost Auditors Appointment- Revised Procedure w.e.f. 1/1/2013

CS Ankur Srivastava 09 November 2012 at 11:38

Revised procedure for the Appointment of Cost Auditor by Companies In continuation of the General Circular No. 15/2011 dated 11th April 2011, Ministry of Corporate Affairs has issued a circular on 06th November, 2012 and further revised the proced

LLPs - Practical aspects and FDI in LLPs

Harshal Fifadra 09 November 2012 at 11:38

Introduction On the horizon of business matrix, a new star is now sighted. Ease in operations of partnerships and armor of limited liability have been provided under a new format of business entity i.e. l

First Financial Year of a company and the first AGM Issues involved

P C Agrawal 08 November 2012 at 12:00

Usually financial year of a company consists of 12 months. However, in some cases it may not be so. In case of newly incorporated company, financial statements have to b

XBRL Filing - 2012

CS Ankur Srivastava 08 November 2012 at 11:59

As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries; Companies having paid up capital of Rs. 5 Crores and above;

Teamwork

Member (Account Deleted) 07 November 2012 at 10:58

We have all learned in mathematics that the complexity of an equation increases exponentially as the number of variably increases. In the same way, when performing a task, the complexity of the job increases exponentially as the number

Run through of mergers and acquisitions and its components

Aditya Kornginnaya 07 November 2012 at 10:58

Before I start of on this brief explanation of M&A, I would like you people to know that its my first attempt on writing of any kind. So please do bear with me for any mistakes. Comments and suggestions are welcome. M&A are the orde

An Overview of Limited Liability Partnership (LLP) in India

Guest 07 November 2012 at 10:58

A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible

EMI of Loan

Member (Account Deleted) 06 November 2012 at 12:28

EMI is the short form of Equated Monthly Installment. In EMI Installment and interest on remaining loan balance both are included. It is the general phenomena in which installment and interest both makes the equal amount to pay at every month during

Recommendations of Tax Accounting Standards (TAS)

sanjay aggarwal 05 November 2012 at 12:21

Brief Recommendations put by the committee are summarized here under: • As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income & Losses unless permitted by any other TAS &b

ERP (SAP) Basics

Ki$hor B 05 November 2012 at 11:18

My zeal for ERPs was the reason for my rendezvous with the director. I was speechless to hear Some of my employees behave as cheap as chips. Id never seen the owner of a 2200 crore company running off at his mouth. Those word