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	<title>Chartered Accountant&#039;s forum &#124; Forum4ca.com &#187; Business Model</title>
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		<item>
		<title>McDonald&#8217;s don&#8217;t sell hamburgers, they deal in real estate !!</title>
		<link>http://www.forum4ca.com/mcdonalds-dont-sell-hamburgers-they-deal-in-real-estate/</link>
		<comments>http://www.forum4ca.com/mcdonalds-dont-sell-hamburgers-they-deal-in-real-estate/#comments</comments>
		<pubDate>Thu, 03 Dec 2009 14:04:53 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[McDonald]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/?p=450</guid>
		<description><![CDATA[Last time when I went to McDonald’s outlet in Delhi with my nephew (my sis’ elder son), I decided to irritate him a bit. I just love it when he is frustrated with my questions. He is all of 8, but just like any other kid, outspoken and naughty. I wanted to give him a [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/mcdonalds-dont-sell-hamburgers-they-deal-in-real-estate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mamta Banerjee pulls the trigger on Mr Ratan Tata – World’s cheapest car quits Singur</title>
		<link>http://www.forum4ca.com/mamta-banerjee-pulls-the-trigger-on-mr-ratan-tata-%e2%80%93-world%e2%80%99s-cheapest-car-quits-singur/</link>
		<comments>http://www.forum4ca.com/mamta-banerjee-pulls-the-trigger-on-mr-ratan-tata-%e2%80%93-world%e2%80%99s-cheapest-car-quits-singur/#comments</comments>
		<pubDate>Sat, 04 Oct 2008 06:52:52 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[CA News]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[jobs]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/?p=407</guid>
		<description><![CDATA[Two years back Mr Tata said &#8211; &#8216;I am unfortunately a person who has often said, you put a gun to my head and pull the trigger or take the gun away, I won&#8217;t move my head.’ Finally, the devil has won and Ms. Mamta Devil Banerjee has succeeded in pulling the gun on Mr. [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/mamta-banerjee-pulls-the-trigger-on-mr-ratan-tata-%e2%80%93-world%e2%80%99s-cheapest-car-quits-singur/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>External Commercial Borrowing policy modification and its impact ..</title>
		<link>http://www.forum4ca.com/external-commercial-borrowing-policy-modification-and-its-impact/</link>
		<comments>http://www.forum4ca.com/external-commercial-borrowing-policy-modification-and-its-impact/#comments</comments>
		<pubDate>Sat, 11 Aug 2007 06:41:42 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/08/11/external-commercial-borrowing-policy-modification-and-its-impact/</guid>
		<description><![CDATA[After long time there is an upward movement in IT companiesâ€™ scrip. This is primarily due to recent changes made in norms of External Commercial Borrowing (ECB). IT companies are hit badly as there top line consists of a major chunk of exports. Since most of their clients are foreign based, stronger rupee has lead [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/external-commercial-borrowing-policy-modification-and-its-impact/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Death of US GAAP for foreign companies listed in US stock exchanges</title>
		<link>http://www.forum4ca.com/death-of-us-gaap-for-foreign-companies-listed-in-us-stock-exchanges/</link>
		<comments>http://www.forum4ca.com/death-of-us-gaap-for-foreign-companies-listed-in-us-stock-exchanges/#comments</comments>
		<pubDate>Fri, 22 Jun 2007 13:19:34 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/06/22/death-of-us-gaap-for-foreign-companies-listed-in-us-stock-exchanges/</guid>
		<description><![CDATA[There had been talks going round since last couple of months to recognize IFRS for all the foreign companies listed in US Stock Exchanges. As speculated the good news is that all foreign companies listed in United States are no more required to follow US GAAP. The companies are now given the option to file [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/death-of-us-gaap-for-foreign-companies-listed-in-us-stock-exchanges/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IFRS widens its bandwidth to Korea</title>
		<link>http://www.forum4ca.com/ifrs-widens-its-bandwidth-to-korea/</link>
		<comments>http://www.forum4ca.com/ifrs-widens-its-bandwidth-to-korea/#comments</comments>
		<pubDate>Wed, 28 Mar 2007 05:02:37 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/03/28/ifrs-widens-its-bandwidth-to-korea/</guid>
		<description><![CDATA[As of now, IFRS is the buzz word in International arena and it spreads its wings to Korea, after gaining so much popularity in SEC camp. South Korean finance minister revealed a plan towards adoption of International Financial Reporting Standards. A grace period of two years for switch over is given to organizations that are [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ifrs-widens-its-bandwidth-to-korea/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Rocking Weekend â€“ Birlas does a Tata &amp; Vodafone Connect lands in India</title>
		<link>http://www.forum4ca.com/rocking-weekend-%e2%80%93-birlas-does-a-tata-vodafone-connect-lands-in-india/</link>
		<comments>http://www.forum4ca.com/rocking-weekend-%e2%80%93-birlas-does-a-tata-vodafone-connect-lands-in-india/#comments</comments>
		<pubDate>Tue, 13 Feb 2007 10:49:12 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/02/13/rocking-weekend-%e2%80%93-birlas-does-a-tata-vodafone-connect-lands-in-india/</guid>
		<description><![CDATA[While half of the nation was completely engrossed in India Vs. Sri Lanka One day Cricket match on Sunday afternoon India Inc was busy swiping the card for two deals amounting to $ 25 billion (Rs. 1,10,000 Crores). Indian Cricket team might have disappointed you but full marks to team corporate India, which is performing [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/rocking-weekend-%e2%80%93-birlas-does-a-tata-vodafone-connect-lands-in-india/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Education cess hike likely in this year Budget!!</title>
		<link>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/</link>
		<comments>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/#comments</comments>
		<pubDate>Tue, 23 Jan 2007 06:28:51 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/01/23/education-cess-hike-likely-in-this-year-budget/</guid>
		<description><![CDATA[Corpus to help underprivileged students access cheap educational loans. The government may increase the education cess in the Budget as part of a plan to create a corpus to provide cheap loans to students from low-income families. This was discussed at a meeting chaired by the Prime Ministerâ€™s Principal Secretary, TKA Nair, on January 12 [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TRAI announces tariff for pay channels for CAS</title>
		<link>http://www.forum4ca.com/trai-announces-tariff-for-pay-channels-for-cas/</link>
		<comments>http://www.forum4ca.com/trai-announces-tariff-for-pay-channels-for-cas/#comments</comments>
		<pubDate>Wed, 30 Aug 2006 23:36:21 +0000</pubDate>
		<dc:creator>Vikas</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/08/31/trai-announces-tariff-for-pay-channels-for-cas/</guid>
		<description><![CDATA[Telecom Regulatory Authority of India today issued a tariff order, prescribing rates for pay channels in CAS areas, fixing a ceiling on the maximum retail price at Rs five. The ceiling on the maximum retail price of any pay channel whether new or existing would be Rs 5 per channel per subscriber per month (excluding [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/trai-announces-tariff-for-pay-channels-for-cas/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ad Valorem duty to hit CTV growth says Cetma</title>
		<link>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/</link>
		<comments>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:33:51 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/ad-valorem-duty-to-hit-ctv-growth-says-cetma/</guid>
		<description><![CDATA[The consumer Electronics &#038; TV manufacturerâ€™s Association (Cetma) has severely criticized the governmentâ€™s plan to impose a levy of 10-15% ad Valorem on sales of TV sets in the country. Cetma has described this move as â€œanti-aam aadmiâ€. The industry association feels that such a levy would increase the tax burden on the color TV [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ferrovial wins BAA Bid</title>
		<link>http://www.forum4ca.com/ferrovial-wins-baa-bid/</link>
		<comments>http://www.forum4ca.com/ferrovial-wins-baa-bid/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:29:27 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[CA News]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/ferrovial-wins-baa-bid/</guid>
		<description><![CDATA[BAA, UK airports operator confirmed its approval over Â£10.3 takeover bid from a consortium. Spainâ€™s Grupo Ferrocvial leads the consortium. Ferrovial offered to pay 950.25 pence per share. The deal included a proposed final dividend of 15.25 pence per share. The board saw this offer as an attractive price for BAA. A consortium led by [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ferrovial-wins-baa-bid/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Glenmark signs $27-m deal for generic portfolio</title>
		<link>http://www.forum4ca.com/glenmark-signs-27-m-deal-for-generic-portfolio/</link>
		<comments>http://www.forum4ca.com/glenmark-signs-27-m-deal-for-generic-portfolio/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:24:02 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/glenmark-signs-27-m-deal-for-generic-portfolio/</guid>
		<description><![CDATA[The US subsidiary of Glenmark pharmaceuticals Ltd. (Glenmark) has signed a deal with Paul Capital Partnersâ€™ Royalty fund, worth $27-million to finance the development of its dermatological portfolio for the US market. The legal advisors of Glenmark in the deal were, DSP Merrill Lynch &#038; Greenberg Traurig LLP. Glen Saldanha, the managing director &#038; CEO [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/glenmark-signs-27-m-deal-for-generic-portfolio/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>5 Ways To Beef Up Sales</title>
		<link>http://www.forum4ca.com/5-ways-to-beef-up-sales/</link>
		<comments>http://www.forum4ca.com/5-ways-to-beef-up-sales/#comments</comments>
		<pubDate>Mon, 17 Apr 2006 13:39:18 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/17/5-ways-to-beef-up-sales/</guid>
		<description><![CDATA[[An informative article on Sales Audit by by Paul Lemberg specially for forum4ca. Business Coach and Strategist, Paul Lemberg is the President of Quantum Growth Coaching, the world's only fully systemized business coaching program designed to create More Profits and More Lifeâ„¢ for entrepreneurs.] Last week, one of my clients&#8211;we&#8217;ll call him Rick&#8211;had a demo [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/5-ways-to-beef-up-sales/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Checklist for compliance of Accounting Standards</title>
		<link>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/</link>
		<comments>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/#comments</comments>
		<pubDate>Sat, 01 Apr 2006 19:06:18 +0000</pubDate>
		<dc:creator>Aaraav Sikand</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/02/checklist-for-compliance-of-accounting-standards/</guid>
		<description><![CDATA[INDIAN ACCOUNTING STANDARDS COMPLIANCE CHECKLIST Objective of the checklist The checklist is designed to verify compliance with Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) and can be used by accountants, auditors, audit committee members, etc. When a more thorough understanding of a Standard is needed, reference should be made to [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<item>
		<title>Credit for Minimum Alternate Tax</title>
		<link>http://www.forum4ca.com/credit-for-minimum-alternate-tax/</link>
		<comments>http://www.forum4ca.com/credit-for-minimum-alternate-tax/#comments</comments>
		<pubDate>Thu, 30 Mar 2006 06:51:03 +0000</pubDate>
		<dc:creator>Taarini Chawla</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/30/credit-for-minimum-alternate-tax/</guid>
		<description><![CDATA[Prior to budget, it pained to see that the credit of MAT (Minimum Alternate Tax) could not be taken. But the situation has imporved post budget as our FM Mr P. Chidambaram has been little kind to the corporates in this regard. The MAT credit shall be available in respect of MAT paid under Section [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/credit-for-minimum-alternate-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2006 Revised Guidance Note on Audit of Banks</title>
		<link>http://www.forum4ca.com/2006-revised-guidance-note-on-audit-of-banks/</link>
		<comments>http://www.forum4ca.com/2006-revised-guidance-note-on-audit-of-banks/#comments</comments>
		<pubDate>Tue, 21 Mar 2006 09:33:06 +0000</pubDate>
		<dc:creator>bhavani</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/21/169/</guid>
		<description><![CDATA[2006 Revised Guidance Note on Audit of Banks New guidance The Council of the ICAI, at its last, 258th meeting held on March 8, 2006 finalised the 2006 edition of the Revised Guidance Note on Audit of Banks. The 2006 edition of the guidance note enshrines the impact of the various circulars of the RBI [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/2006-revised-guidance-note-on-audit-of-banks/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>News to celebrate for&#8230;!!!</title>
		<link>http://www.forum4ca.com/news-to-celebrate-for/</link>
		<comments>http://www.forum4ca.com/news-to-celebrate-for/#comments</comments>
		<pubDate>Sat, 18 Mar 2006 17:41:25 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/18/news-to-celebrate-for/</guid>
		<description><![CDATA[I could hear many of complaining us chartered accountant freinds complaining about the very low audit fees for the audit of a cooperative bank. The audit fees for a co-operative bank was as low as Rs 10000 irrespective of the size of the bank. But now many of us have a reason to rejoice as [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/news-to-celebrate-for/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Reporting of Assets &amp; Liabilities</title>
		<link>http://www.forum4ca.com/reporting-of-assets-liabilities/</link>
		<comments>http://www.forum4ca.com/reporting-of-assets-liabilities/#comments</comments>
		<pubDate>Fri, 17 Mar 2006 11:29:45 +0000</pubDate>
		<dc:creator>rahul</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/19/reporting-of-assets-liabilities/</guid>
		<description><![CDATA[The Financial Accounting Standards Board has issued a proposal providing companies with the option to report financial assets and liabilities at fair value. The board said that the change is aimed at simplifying accounting, as well as reducing the earnings volatility caused by differences in existing accounting rules. The new standard would allow companies to [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/reporting-of-assets-liabilities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Steps towards common accounting accross the globe.</title>
		<link>http://www.forum4ca.com/steps-towards-common-accounting-accross-the-globe/</link>
		<comments>http://www.forum4ca.com/steps-towards-common-accounting-accross-the-globe/#comments</comments>
		<pubDate>Sat, 11 Mar 2006 16:17:24 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/11/steps-towards-common-accounting-accross-the-globe/</guid>
		<description><![CDATA[At present we have different types of accounting satndards and audit practices prevelant all around the globe. Though they are more or less similar but there are many differences too. They have different disclosure requirements and different treament in some cases. This leads to maintaining different sets of books and financial statements for many Multinational [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/steps-towards-common-accounting-accross-the-globe/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Information on American Accounting Standards</title>
		<link>http://www.forum4ca.com/information-on-american-accounting-standards/</link>
		<comments>http://www.forum4ca.com/information-on-american-accounting-standards/#comments</comments>
		<pubDate>Sun, 05 Mar 2006 18:22:40 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/05/information-on-american-accounting-standards/</guid>
		<description><![CDATA[Any one seeking help or informations on preperation of American Financial Statements, Please visit this site here. It has useful informations as well as various downloads which can be used for guidence as a basis of preparations&#8230; Other useful site you can visit if you are looking for US Government Accounting, Please visit International Federation [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/information-on-american-accounting-standards/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Appointment of auditors of public sector banks &#8211; Need for independence and strict financial regulations for long term sustainability and growth of financial sector</title>
		<link>http://www.forum4ca.com/appointment-of-auditors-of-public-sector-banks-need-for-independence-and-strict-financial-regulations-for-long-term-sustainability-and-growth-of-financial-sector/</link>
		<comments>http://www.forum4ca.com/appointment-of-auditors-of-public-sector-banks-need-for-independence-and-strict-financial-regulations-for-long-term-sustainability-and-growth-of-financial-sector/#comments</comments>
		<pubDate>Sun, 05 Mar 2006 17:42:17 +0000</pubDate>
		<dc:creator>Vikas</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/05/appointment-of-auditors-of-public-sector-banks-need-for-independence-and-strict-financial-regulations-for-long-term-sustainability-and-growth-of-financial-sector/</guid>
		<description><![CDATA[Dear Professional Colleagues You all must now be aware that the Ministry of Finance has decided to allow Board of Directors of Public Sector Banks to directly appoint their statutory central auditors and branch auditors. Under the new system, banks would directly source names of the auditors from the panel of CAG for statutory central [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/appointment-of-auditors-of-public-sector-banks-need-for-independence-and-strict-financial-regulations-for-long-term-sustainability-and-growth-of-financial-sector/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<title>Ancient Wisdom of Kautilya</title>
		<link>http://www.forum4ca.com/ancient-wisdom-of-kautilya/</link>
		<comments>http://www.forum4ca.com/ancient-wisdom-of-kautilya/#comments</comments>
		<pubDate>Sat, 04 Mar 2006 06:00:52 +0000</pubDate>
		<dc:creator>Vikas Manohar</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/04/ancient-wisdom-of-kautilya/</guid>
		<description><![CDATA[We often come across sketchy references of the work of â€œKautilyaâ€™s Arthashastraâ€. But most people know little about what â€œKautilyaâ€(also known as Chanakya) actually said in â€œArthashastraâ€. Only scholars of ancient Indian history are aware of the range and depth of it. It is a pioneering work on statecraft (the art of government and form [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ancient-wisdom-of-kautilya/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Changing scenario for CA&#8217;s of India</title>
		<link>http://www.forum4ca.com/changing-scenario-for-cas-of-india/</link>
		<comments>http://www.forum4ca.com/changing-scenario-for-cas-of-india/#comments</comments>
		<pubDate>Fri, 24 Feb 2006 17:42:49 +0000</pubDate>
		<dc:creator>amitkhandelia</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/02/24/changing-scenario-for-cas-of-india/</guid>
		<description><![CDATA[Hello friends, As the scenario is changing and economy is on its all time high, the demand 4 CAs&#8217; are also increasing. To substantiate my views I may remind you Mr.Infosys&#8217; demand for 18000 CAs. Furthermore, as our very own CA Institute is upgrading the syllabus and the course curriculum and the â€˜New Genâ€™ CAs [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/changing-scenario-for-cas-of-india/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>What does budget has in store???</title>
		<link>http://www.forum4ca.com/85/</link>
		<comments>http://www.forum4ca.com/85/#comments</comments>
		<pubDate>Sat, 11 Feb 2006 08:56:32 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/02/11/85/</guid>
		<description><![CDATA[As the D-day is comming closer, there is lot of speculation about what the so called &#8216;Finance Budget&#8217; has in store for everyone. On one hand there have been requests from every sector to either cut the duties or taxes or to exempt them from certain levies or not to bring them under the purview [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/85/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Be ready to face more challenges.</title>
		<link>http://www.forum4ca.com/be-ready-to-face-more-challenges/</link>
		<comments>http://www.forum4ca.com/be-ready-to-face-more-challenges/#comments</comments>
		<pubDate>Mon, 06 Feb 2006 16:38:33 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/02/06/be-ready-to-face-more-challenges/</guid>
		<description><![CDATA[Professionals always have to take up challenges and have to prove themselves time and again. And no professional should averse to take up challenges. So Indian Chartered Accountants should be ready and be prepared now for more. THE Institute of Chartered Accountants of India (ICAI) has finaly decided to remove the restriction on practising chartered [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/be-ready-to-face-more-challenges/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>Are u trading safely??</title>
		<link>http://www.forum4ca.com/are-u-trading-safely/</link>
		<comments>http://www.forum4ca.com/are-u-trading-safely/#comments</comments>
		<pubDate>Sat, 28 Jan 2006 10:16:11 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[CA News]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/01/28/are-u-trading-safely/</guid>
		<description><![CDATA[Most of us are investing in the stock market nowdays but have you ever spared a thought on whether you are trading in a safe environment and whether all the systems are in place in the exchanges. Atleast i thought so considering the voluminous transactions i was doing for the past couple of years. But [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/are-u-trading-safely/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Management Audit &#8211; an overview for would be auditors.</title>
		<link>http://www.forum4ca.com/management-audit-an-overview-for-would-be-auditors/</link>
		<comments>http://www.forum4ca.com/management-audit-an-overview-for-would-be-auditors/#comments</comments>
		<pubDate>Wed, 25 Jan 2006 14:21:29 +0000</pubDate>
		<dc:creator>Naresh Vaid (FCA)</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/01/25/management-audit-an-overview-for-would-be-auditors/</guid>
		<description><![CDATA[Management audit is a comprehensive and complete examination of all managerial functions and the effective use of their total resources in achieving the goals of an organization. According to Taylor and Perry â€œManagement auditing is a method to evaluate the efficiency of management at all levels throughout the organization in order to ascertain whether sound [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/management-audit-an-overview-for-would-be-auditors/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Mega topic India &#8211; India is emerging as global power in research process outsourcing.</title>
		<link>http://www.forum4ca.com/mega-topic-india-india-is-emerging-as-global-power-in-research-process-outsourcing/</link>
		<comments>http://www.forum4ca.com/mega-topic-india-india-is-emerging-as-global-power-in-research-process-outsourcing/#comments</comments>
		<pubDate>Mon, 23 Jan 2006 16:11:00 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/01/23/mega-topic-india-india-is-emerging-as-global-power-in-research-process-outsourcing/</guid>
		<description><![CDATA[Contract Research Organizations (CRO) is one of the fastest growing sectors in India. Earlier these organizations were hired for carrying on Research and Developments on behalf of companies in Pharmaceutical companies only. Now at present scenario Indian companies are one of the choicest destinations for carrying out contracted research work. Deutsche Bankâ€™s research team has [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/mega-topic-india-india-is-emerging-as-global-power-in-research-process-outsourcing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Do you think softwareâ€™s can do better accounting?</title>
		<link>http://www.forum4ca.com/do-you-think-software%e2%80%99s-can-do-better-accounting/</link>
		<comments>http://www.forum4ca.com/do-you-think-software%e2%80%99s-can-do-better-accounting/#comments</comments>
		<pubDate>Sun, 22 Jan 2006 20:49:28 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/01/23/do-you-think-software%e2%80%99s-can-do-better-accounting/</guid>
		<description><![CDATA[ERP (Enterprise Resource Planning) is now not a new system in India. This is a management information system that automates several business processes. Many companies are now looking for implementing this system and also started providing training to there people. There are many softwareâ€™s are available now. The most common (from well known vendors) are [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/do-you-think-software%e2%80%99s-can-do-better-accounting/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>ICAI says verify every return&#8230;.</title>
		<link>http://www.forum4ca.com/icai-says-verify-every-return/</link>
		<comments>http://www.forum4ca.com/icai-says-verify-every-return/#comments</comments>
		<pubDate>Sat, 14 Jan 2006 06:27:05 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/01/14/icai-says-verify-every-return/</guid>
		<description><![CDATA[Friends, the ICAI recently submitted a pre-budget memorandum to the government. The Insitute recomends/ advices the Government on various tax related matters through its pre-budget memorandum. Few significant recomendations made by ICAI this time as as mentioned below :- 1) Firstly, The Institute of Chartered Accountants of India (ICAI) wants the tax department to verify [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/icai-says-verify-every-return/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Qualities Of an Auditor</title>
		<link>http://www.forum4ca.com/qualities-of-an-auditor/</link>
		<comments>http://www.forum4ca.com/qualities-of-an-auditor/#comments</comments>
		<pubDate>Fri, 23 Dec 2005 10:50:37 +0000</pubDate>
		<dc:creator>Naresh Vaid (FCA)</dc:creator>
				<category><![CDATA[Business Model]]></category>

		<guid isPermaLink="false">http://forum4ca.com/archives/25</guid>
		<description><![CDATA[To be successful, an auditor should possess certain desirable qualities, besides having his formal qualification. His qualification requires that he should be a qualified chartered accountant. Besides, he should possess the following qualities: - 1. Tactfulness 2. Cautious approach 3. Firmness 4. Good temperament 5. Integrity etc. He should be tactful in doing the job [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/qualities-of-an-auditor/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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