CAclubindia Articles

Career as Cost & Management Accountant

Posted by CMA Arif Farooqui 15 November 2012 93799 Views

Before liberalisation of Indian Economy, career in finance was perceived as a back office record keeping job; but after the liberalisation it has become much more challenging and interesting. Today, it is seen as a career that provides greater roles

Business Loss set off under Sec.72: Widened scope

Posted by CA S.SAIRAM 12 November 2012 56174 Views

Business Loss set off under Sec.72: widened scope The judiciary does play a vital role in the economy by discerning the real intentions of the law. In this regard, the recent rulings with respect to carry forward and set off of losses in the tax law

Capital Budgeting: CMA needs a new look

Posted by Indraneel Sen Gupta 12 November 2012 17239 Views

The financial market took a huge turnaround after the debacle of 2008 where demand and supply inequality were the main players. Industrial revolution took a halt across the world and financial market reflected more fearful days. Globa

Role that CA's can play in growth of Indian Economy

Posted by Naveen Joshi 12 November 2012 38843 Views

CA, these two letters are pioneer and is mark of Trust, Integrity and Independence. In the growth of a Country CAs play an important role. CAs are the managers of financial recourse of a country. Many CAs are working in service industry and

Why should you get Professional Financial Advice On your Investments

Posted by Ramalingam K 12 November 2012 7528 Views

Most of us tend to think that planning on investment portfolios for attainment of goals is a one time job. However it is not true; we all need to review our investment portfolios on a regular basis and also take the help of professional financial

Compliance of Listing Agreements - A Synopsis

Posted by Sumit Jaiswal 10 November 2012 56689 Views

For preparing the ready reckoner, compliances have been divided into two categories i.e. Periodical compliances and Event based compliances. [A] Periodical Compliances The periodical compliances are further divided into quarterl

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

Posted by CS Ankur Srivastava 09 November 2012 2764309 Views

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

Posted by Harshal Fifadra 09 November 2012 11491 Views

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

Posted by P C Agrawal 08 November 2012 43800 Views

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

Posted by CS Ankur Srivastava 08 November 2012 39695 Views

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;