CAclubindia Articles

Software costs in pricing decisions

Venkat Rao Marella 21 July 2010 at 11:30

This article attempts to explain the method of recovering the costs incurred by an organization on specific software used to render / deliver the services. Thus, this is more service industry specific. The cost of software is one of the major expe

Compulsory maintenece of books of accounts under IT Act

Amit Bajaj 21 July 2010 at 11:30

It is generally seen that there is confusion among taxpayers about maintenance of books of accounts under Income Tax Act like who is required compulsorly to maintain the books of accounts and for how many years one has to keep his books of accounts.

IFRS: IMPACT IN THE ASSET ACCOUNTING CYCLE

CA S.SAIRAM 20 July 2010 at 13:45

IFRS: IMPACT IN THE ASSET ACCOUNTING CYCLE An asset accounting cycle is akin to our Working capital cycle. It comprises of a purchase or in house production, consumption for business or capital appreciation and final disposal. This article envisag

Medical Insurance -some concerns

Dilip K Raina 19 July 2010 at 12:57

Medical Insurance-some concerns The basic concept of pooling resources at large to compensate few who suffer losses due to unforeseen calamities finds mention in the ancient history way back to the times of Manu and Kautilya. India has a rich hi

Duty Drawback - Customs Act,1962

CA S.SAIRAM 16 July 2010 at 12:59

DUTY DRAWBACK - CUSTOMS ACT, 1962 Duty Drawback is governed by a couple of sections in the Customs Act, 1962 namely Sec.74 and Sec.75. The common intention is apparently to refund the import duty borne by the importer on exporting the goods. One (Se

How to start your exam preparation

Ankur Garg 14 July 2010 at 15:43

How to start your exam preparation Well friends, "How to start Exam preparation is indeed a very vital question" which float over or threatens every student after getting enrolled for a professional course. As per my personal observation most of ou

4 IDIOTS ! Our Beginning "Part III"

Lone warrior..!! 14 July 2010 at 13:01

Link Part I Link Part II 4 IDIOTS ! OUR BEGINNING "PART III" Hi Folks !...Sorry for the delayed post !..For all who were keenly waiting for the next post, here it is..Kindly read & enjoy !..In fact, i thought of putting an end to

Director's responsibility for dishonour of cheques?

Durga Rao 14 July 2010 at 13:00

DIRECTOR’S RESPONSIBILITY FOR DISHONOUR OF CHEQUES? We need not go into the background concerning the usage of cheque and it is a reality now that the payments through cheque have become an indispensable part of the mercantile community and

Purchase Process in SAP environment-with an Accounting view.

Ramanreet Singh 13 July 2010 at 11:11

What Happens in SAP?Contents:-1. Pre-Procurement Process2. Graphical Presentation of Procurement Process3. Procurement Process in detail4. GR/IR Clearing Accounts5. Explanation of accounting entries with the help of a case study.a) Booking of Purcha

How to prepare for Results

Nandan Narula 13 July 2010 at 11:02

Dear friends, many of you must be waiting for your CA Final results. Even i am waiting very eagerly. Results are just a week away now. It is very obvious that not only those whose results are expected, but even their parents and friends heart beats