Accounting Bodies or Cartels - Competiton Act India
I was reading the provisions and objectives of the Competition Act 2002 and then relating it with how accountancy is regulated in India by Acts of Parliament like ICAI Act, ICWAI Act and ICSI Act.An...
View ArticleIASB Framework - Financial Statements
This is a guest post by CMA Devarajan Swaminathan. He has over 10 years post qualification experience in Accounting, Auditing, Finance as well as Management Accounting. He is the proprietor of...
View ArticleAn Agenda for MCA - Accounting bodies India
Dear Mr. Rahul Roy,director, Ernst & Young India Pvt. Ltd.I refer to your article "An agenda for MCA" on Business Standard and agree with your views on Independent regulator with oversight over the...
View ArticleDefence against hostile takeovers
Every group is potentially subject to takeover. There will be a price at which the shareholders may be induced to sell their shares. If the bid is received, then the directors may consider and...
View ArticleHow do I start my own website - 1
Starting your own business, it requires determination to go ahead with what you think you do the best. Then position your niche to make money. To position and advertise yourself in the market you need...
View ArticleHow do I start my own website - 2
In my last post, I had given the procedure how to book the domain name on www.GoDaddy.com . The next step is to build a website and configure email ids for your company. You have two choicesFirst...
View ArticleAdding value to business in a challenging global environment
New ACCA report reveals best practice planning for finance professionals 'The report looks at how accountants add value to business in what remains a very dynamic and challenging environment,' said...
View ArticleDid you google yourself - Tip to make your linkedin profile known
Did you google yourself ? This is question which a professional person ask. The first thing the head hunters do when they hear your name or someone recommends your name, they search it on google. I...
View ArticleFair value accounting reform - IASB
The International Accounting Standards Board (IASB) published a draft change to narrow the scope of its fair value or mark-to-market standard in July. It seeks to classify assets for valuation either...
View ArticleWhat is Unbundling
Unbundling: The process of taking over a large company with several different lines of business, and then, while retaining the core business, selling off the subsidiaries to help fund the...
View ArticleBOGOF and Revenue recognition
According to Linkshare on consumer research, adverts placed on the more mainstream social networking sites are unlikely to be effective as direct marketing tools. The research, which surveyed 2,000...
View ArticleWorld Best Companies 2009 - Your feedback
World's 10 best companies to work for. This list was published in Fortune magazine in Feb 2009 as Top Employers. I have picked up the first 5 to know why they are at the top.Company: NetApp : Rank:...
View ArticleOperating and Financial Review - OFR
Non financial information in the form of additional reporting provides alongside the financial information in the annual report, provides a good insight to the stakeholders on the company.In January...
View ArticleSAP FICO Year End Procedures
We are approaching the year end. And those of you who are new to SAP year end procedure for FICO, I am listing the transactions or procedures you need to follow. This is an indicative list and you can...
View ArticleTier based Accountancy Practice in India - Will it help
Background: Accounting bodies in India are based on UK accounting concept and their governance is more of less similar to the UK bodies.The public accounting practise in India are mostly driven by...
View ArticleNew Year Resolutions for 2010 Management Accountant
I am looking back at Year 2009 resolution that I had posted on the Management Accountant Blog. The focus had been on social and professional networking with professionals in the industry and keeping...
View ArticleICAEW appointed to assist Dubai regulator in monitoring audit firms
The Institute of Chartered Accountants in England and Wales (ICAEW), a world leader of the accountancy and finance professions, has been contracted by the Dubai Financial Services Authority (DFSA) to...
View ArticleCanada’s CAs offer guidance to communicate impact of IFRS changeover
Canada’s Chartered Accountants are providing guidance to help public companies summarize for investors the effects of the changeover to International Financial Reporting Standards (IFRSs). Most...
View ArticleThe Audit Firm Governance Code UK
The Audit Firm Governance Code applies to eight audit firms that together audit about 95% of the companies listed on the Main Market of the London Stock Exchange.The Audit Firm Governance Code,...
View ArticleEnterprise governance - Restoring boardroom leadership
CIMA, UK published a discussion paper on "Enterprise governance - Restoring boardroom leadership" in Jan 2010 which focusses on Corporate Leadership. This paper sets out how boards can be more...
View ArticleDries Buytaert- Founder and lead of the Drupal CMS
Drupal (pronounced /ˈdruːpəl/) is a free and open source Content Management System (CMS) written in PHP and distributed under the GNU General Public License. It is used as a back-end system for many...
View ArticleTriple Bottomline Reporting
The triple bottom line (abbreviated as "TBL" or "3BL", and also known as "people, planet, profit" or "the three pillars" captures an expanded spectrum of values and criteria for measuring...
View ArticleHedging foreign exchange risk
What Does Foreign-Exchange Risk Mean?1. The risk of an investment's value changing due to changes in currency exchange rates. 2. The risk that an investor will have to close out a long or short...
View ArticleWhat RSS feed means to you
RSS (most commonly expanded as Really Simple Syndication) is a family of web feed formats used to publish frequently updated works—such as blog entries, news headlines, audio, and video—in a...
View ArticleLeveraging Public Accounting Practice for a Lucrative Career in Managerial...
This is a guest post by Sunil an Accounting teacher, CPA exam and career coach, and the Author of the CPA Requirements blog. This article provides a different perspective to an accounting career, one...
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