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First Financial Year of a company and the first AGM Issues involved
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
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
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
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
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
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)
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
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
Risk management
In forex management we can just manage the risk but cant eliminate the risk. Lets find out the approaches of risk management :- Do nothing :- This strategy is followed when risk amount is low or otherwise chance
Merger and Acquisition basics
Merger & Acquisitions Merger refers to a situation where two or more existing firm combine to form a new entity either a new firm is incorporated or one of the existing firm survives and another is merged with it. Acquisitions and takeover r
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