The role of a company secretary is undergoing a swift change. The role is not referred to as an administrator alone, rather it is referred to as a documentation specialist. Company secretaries take care of regulatory changes, new laws, administration work and documentation work. The blog intrigues the readers with information on the change in…
The changes in the investment pattern and business profits have an impact on the audit laws. Companies raise funds from the primary market or secondary market of stock exchanges. The IPO and stock market are the focus of the companies to get funding for capital requirements. In 2024, around 68 SME companies have raised funds…
In business, the financial assets are in the form of cash, equity instruments, trade receivables, loans, and investments in venture funds, mutual funds, and preference shares, investments in commercial papers, T bills, credit-linked notes, market-linked debentures, bank balances and prepaid expenses. The financial liabilities are trade payables, redeemable preference shares, non-convertible debentures, intercompany loans, term…
Audit fees charged by the big four firms are higher than those of independent CA firms. Big Four firms operate in the partnership model. The partners of Big Four firms own tiny units of the company. The senior manager and director do not have ownership. The other professionals work for a salary. EY has around…
Recently, NFRA and ICAI have declared that the regulatory bodies have proposals to sync the auditing standards to increase quality. Globalisation enters the technological advancement and auditing process. The auditing standards of ICAI and NFRA are different. The domestic laws and provisions are tailored to the needs of the domestic business partners. Manpreet Singh Ahuja…
The investment is the area of interest for the auditors, analysts and accountants. Finance professionals are inclined towards investment, regulatory changes, compliances, tax laws and legal laws. Chartered accountants handle the quarterly, half-yearly and annual results. The financial results and auditors’ reports are the parameters to know the growth and risk factors in the company….
In the UPSC examination, the students can select one optional subject from 48 subjects. Candidates with professional qualifications and finance experience have a strong foundation in commerce. It is easy for chartered and cost accountants to understand the advanced-level topics in the UPSC mains. The data from five years of statistics of UPSC examination reveals…
Private and public companies adhere to the rules, regulations and laws. Company secretaries are professionals with an intense knowledge of laws, securities, and corporate governance. Companies should maintain ethical standards and follow compliance. The demand for a company secretary is rising. However, the supply of the company secretaries is comparatively low. The reason for the…
