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Understanding the US GAAP with Indian GAAP
With the globalization and advancement of India, Indian accountant professionals(IAP) are not only required to follow the India AS but also required to follow the US GAAP, as many MNC are doing the accounting job from India and IAP are not require
Section 139 of the Companies Act, 2013
New Sections relating to Auditors: Section Name Section No. as per New Companies Act,2013 Section No. as per Old Companies Act, 1956 Appointment of Auditor 139 224 Removal,
Clause 41 of the Listing Agreement: A synopsis
Clause 41 of the Listing Agreement deals with preparation and submission of Financial Results to the Stock Exchange. The Company has to disclose its quarterly and yearly results to the Stock Exchange in the following manner:- The Company has an
Importance of Bank Documents and Their Verification
The Law of evidence plays a pivotal role in the effective functioning of the judicial system. The existence of substantive rights can only be established by relevant and admissible evidence. Relevancy of facts is the key to determine
An overview on associate company
One has to look at Associate Company exhaustively taking into consideration all the enabling provisions, acts and rules relating to it.
Becoming CA even after 20 attempts is still better than not becoming a CA
"I got a job in this company" I happily told my friend"Why did you choose this? Its not good, its not going to help in your growth", he poin
Sale of Scrap materials: Applicability of GST and TDS
The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.
FAQs on Signing of Financial Statement
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Let us discuss 10 FAQs on the signing of financial statements.
Short Note on Joint Venture in India
The Joint Venture (JV) represents a newly created business enterprise; its participants continue to exist as separate firms. A joint venture can be organized as a partnership firm, a corporation or any othe
Life after CA
The day I became a Chartered Accountant, was undoubtedly the best day of my life. More than me though, I guess my parents and family members were thrilled. The most important dream at that stage of my career had been fulfilled. DREAMS DO COME TRUE
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