What is the difference between cost and demand-related inflation?
The recent news from Maruti Suzuki is that the price of Maruti cars will increase from April 2023. The reason for this price rise is cost pressure. The price increases because of demand, cost and inflation. As CMA students read about cost reduction, budget, and market research, they understand this recent news better. Cost strategies […]
Who is a ‘director simpliciter’?
The rule of ICAI states that a CA in practice and CA in service has professional differences. A CA doing independent practice face professional misconduct if he serves as a member of a company board. A chartered accountant in practice should get general and special permission for different events in his professional journey. The blog […]
Where can we get the SEBI Grade A exam materials for free?
SEBI is a member of the IOSCO board. SEBI participate in the global securities market. SEBI promotes financial literacy and investor interest. The paper one examination consists of reasoning, English language, quantitative aptitude, and general awareness. Paper two of the first phase consists of core subjects such as commerce, economics, accountancy, management, costing, finance, and […]
CA Course details after the 12th Standard
Students see dreams at a young age. Dr Abdul Kalam rightly said that a professional’s dream transforms into thoughts, and thoughts give the expected results. Dreaming is the first step towards success. The direction and growth of a student’s knowledge start after the 12th standard. RR Academy believes in catching the students at a young […]
Importance of Shareholder Participation in Compliances
Shareholders participate in the management of the listed companies. The Companies act of 2013 and SEBI, a regulatory body, protects the interest of the shareholders. In 2020, Kotak committee recommendations are added to corporate governance. These recommendations led to the participation and rights of shareholders in India. The Insurance regulatory and development authority of India […]
ICAI 73rd Annual Function
In February month, 2023 ICAI celebrated its 73rd Annual function. The function engaged more than 1500 members around the globe. The chief guest was the honourable state minister for parliamentary affairs and culture. Mr Arjun Ram Meghwal served as state minister for heavy industries and public enterprises. He served as chief editor in various religious, […]
ICSI signs MOU with Science Olympiad foundation:
School students write maths, science and English Olympiad at a young age. Since commerce subject comes after the 10th standard, it is not included in the Olympiad subjects at a young age. There is a long-held desire to include the commerce Olympiad for school students. ICSI is joining hands with the science Olympiad foundation to […]
Budget 2023 insists on the Inventory valuation
In the 2023 budget, there is a mention of the valuation of inventory by the cost accountant. According to section 68 of the Income tax act, inventory valuation is done by a cost accountant. Section 2 of the cost and works accountants explain that a cost accountant is a person holding a certification of practice. […]
New Rule for CAs Living in Singapore
The ICAI Singapore chapter is a professional body with students around the world. The chartered accountant in Singapore earns $90000. The main reason for the rapid growth is the education system in Singapore. Recently, the ICAI president mentioned that Indian chartered accountants living in Singapore for more than six months are eligible to become a […]
CSR Policy in 2022
The participation of the company in social and environmental issues creates a positive impact on society. CSR activities and business activities are different. CSR projects are not part of business profit. Four types of CSR activities are: environmental, ethical, philanthropic and economical. CSR activities of a company are the branches of the CSR policy. Examples […]
