Services which can’t be provided by Statutory Auditors
Services which can’t be provided by Statutory Auditors. As per SEC 144 OF THE COMPANIES ACT 2013 Auditor should not render the following services to the
Services which can’t be provided by Statutory Auditors. As per SEC 144 OF THE COMPANIES ACT 2013 Auditor should not render the following services to the
Double Entry System Advantages & Disadvantages: Any business transaction involves at least two accounts which we call as Debit and credit. As said above ,
Deduction for School Fees Paid u/s 80c. Section 80C of income tax act allows deduction in respect of many payments and investments made. Section 80C
An accrued liability is a current liability and it arises as a result of work performed and acknowledged by CSC but for which invoices are
A profit center is a part and parcel of a business organizations which generates revenue and also absorbs its own costs, making it possible to
Accounting Standard 16 – Accounting for Borrowing Costs (AS 16). This Standard should be applied in accounting for borrowing costs. This Standard does not deal
What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in many situations like while reading accounting
Accounting Rate of Return / Average Rate of Return. Here we are providing complete details for Accounting Rate of Return or Average Rate of Return. In this
Different Types of Orders Placed in Stock Market. It’s often a confusion when to put a sale order and when to keep a buy order….
Accounting Standard 10 (AS 10) – Accounting for Fixed Assets. The objective of this Standard is to prescribe the accounting treatment for property, plant and
Market making: Market maker is a brokerage firm or an institution that engages in buying and selling of infrequently traded securities to infuse their liquidity. A
Law Making Process – How a bill becomes law, Law Making is one of the crucial functions of the parliament. The members of the both
TDS on Rent: As per section 194 I of Income tax act 1961 ,TDS on rent has to be deducted where the aggregate amount paid or
Difference Between Convertible and Non Convertible Debentures: Check What is the Difference between Convertible and Non Convertible Debentures. Debentures are the long term debt instruments issued
Human life is bound to cease. When we are alive, we make money, acquire properties and invest somewhere. At the end of the journey no
How to Choose Top CA Firms for Articleship Training. Details for Big 4 CA Firms, Mid Size CA Articleship Firms, big firm for articleship, etc.
Carbon Tax: Day by day with the increasing emission of gases having carbon content in to the environment is causing to pollution extremely. Eventually this
Derivatives is a product whose value is derived from the value of one or more basic variables, called bases (underlying asset, index, or reference rate),
What are Inter Institutional Deals and Bulk deals?: Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) are allowed to invest
How to Calculate Net Profit for Managerial Remuneration, An special article on How to Calculate Net Profit for Managerial Remuneration & CSR.profit under section 198, In
Accounting standard 2 (AS 2): This Standard deals with the determination of value at which inventories are carried in the financial statements, including the ascertainment
Loans by the Directors to Company : As per the provisions of companies rules (Acceptance of deposits) any amount given by the directors to the
House rent allowance is the amount paid by employer to employees to meet the expenses of rent of the accommodation which the employee has hired
India’s best journalism colleges. Mass Communication as a field of study has emerged one of the immensely popular academic routes to purse after school. With
Treatment of provision for gratuity in tax audit (3CA and 3CD). While doing tax Audit under section 44AB of income tax act one may come
Backorder: Placing an order for an item that is temporarily out of stock is called backordering. When you place an item on backorder we will
Submission of PAN Details of Landlord: HRA exemption can be availed up to least of the following, Submission of Land Lord’s PAN details, Violation of rule causes ?
Do NRIs need to file Return of income in India?. As per the provisions of income tax act 1961, In case of an NRI, only income
Collegium System of Appointing Judges, There has been a lot of discussion and debates on “collegium system” of appointing the judges. Judiciary is one of
Accounting Standard 13 – Accounting for investments (AS 13).This Standard deals with accounting for investments in the financial statements of enterprises and related disclosure requirements.