CAclubindia Articles

Promoter Remuneration

Member (Account Deleted) 05 August 2008 at 15:32

The remuneration of a promoter, may be paid in cash or partly in cash and partly in shares and debentures f the company.But in the absence of an agreement with the company after its incorporation a promoter can not file a suit in a court of law for t

FBT - Amendments during initial phase of FBT

Admin 03 August 2008 at 19:25

FBT - Amendments during initial phase of FBT about estimation of value of Fringe Benefits can be considered applicable since inception of FBT. A point of view.Summary:Provisions relating to FBT are new. FBT is levied on estimated value of fringe and

CA is Conquer Again

E.Nivedita 02 August 2008 at 03:15

“CA is Conquer Again” “CA is Conquer Again and not Come Again.” These were the words of Mr.T.N.Manoharan when he inaugurated the Institute of Chartered Accountants of India in my hometown, Tuticorin. From that day those two

INFLATION ADJUSTMENT

sumat singhal 31 July 2008 at 17:16

Inflation Adjustments[Submitted by SUMAT SINGHAL CA(PCC) INDORE]It is a well known fact that inflation causes all the factors of the economy to change. Some of the important factors to get affected include investment, stocks, mortgage, unemployment

Scope of CISA

Rushikesh 29 July 2008 at 16:20

A career as Information Systems AuditorThe roles of IS Auditor and Information Security Auditor are becoming very significant. So CISA certification definitely opens up doors to many opportunities. by Avinash KadamWe are familiar with the term audit

Common Currency for Asian Region

Rushikesh 29 July 2008 at 12:11

A SINGLE CURRENCY FOR ASIA: IS IT TIME?ROBERTO F. DE OCAMPOFormer Secretary of Finance, PhilippinesandPresident, Asian Institute of ManagementGiven at the ADB Seminar: “A Single Currency for East Asia –Lessons from Europe”37th ADB

Hedge fund

Member (Account Deleted) 29 July 2008 at 12:11

Hedge Fund IndustryIn 2005, Absolute Return magazine found there were 196 hedge funds with $1 billion or more in assets, with a combined $743 billion under management - the vast majority of the industry's estimated $1 trillion in assets. However, ac

Options

Member (Account Deleted) 28 July 2008 at 13:35

Options are financial instruments that convey the right, but not the obligation, to engage in a future transaction on some underlying security, or in a futures contract. In other words, the holder does not have to exercise this right, unlike a forwa

taxability of farm house as per wealth tax act

CA Ankur Luhadia 27 July 2008 at 18:43

TAXABILITY OF FARM HOUSE - Ankur Luhadia U nder wealth – tax , before taxing any person, it must be shown that the person sought

DIFFERENCES BETWEEN IFRSs AND US GAAP

Member (Account Deleted) 26 July 2008 at 14:50

SOME KEY DIFFERENCES BETWEEN IFRSs AND US GAAP General approach IFRS: More 'principles-based' standards with limited application guidance. US: More 'rule-based' standards with more spe