We often come across sketchy references of the work of “Kautilya’s Arthashastra”. But most people know little about what “Kautilya”(also known as Chanakya) actually said in “Arthashastra”. 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 [...]

Hello friends, As the scenario is changing and economy is on its all time high, the demand 4 CAs’ are also increasing. To substantiate my views I may remind you Mr.Infosys’ demand for 18000 CAs. Furthermore, as our very own CA Institute is upgrading the syllabus and the course curriculum and the ‘New Gen’ CAs [...]

As the D-day is comming closer, there is lot of speculation about what the so called ‘Finance Budget’ 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 [...]

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 [...]

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 [...]

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 “Management auditing is a method to evaluate the efficiency of management at all levels throughout the organization in order to ascertain whether sound [...]

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 Bank’s research team has [...]

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 software’s are available now. The most common (from well known vendors) are [...]

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 :-

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 [...]