Why do online businesses file audit reports late?
Byju is an educational company from India providing online classes for school and collegegoers. Byju’s was in recent news for not submitting an audit report for more than 17 months. The think & learn app from Byju help domestic, overseas, primary and secondary level students. The headquarters is in Bangalore. ByjuRaveendran, an engineer by profession […]
MCA rule about physical verification of a Company
Virtual company registration and physical verification are different. Virtual office services are purchased for less money by start-up companies. The documents required for the virtual GST registration are as follows: proof of place of business, incorporation certificate, PAN card of the applicant, bank account number, address of the authorised signatory, and digital signature certificate. Virtual […]
Srilanka Institute of directors conducted a webinar for the company secretary
The role of education is to reflect innovation in various fields and advance the subjects. Digital innovation is changing the different professions. The board members from the Sri Lanka Institute of Directors joined hands with chartered corporate secretaries of Sri Lanka to offer a webinar on company secretaries and digital innovations. The speech of the […]
Maximum number of Chartered accountants in an Indian family
According to the record for the 2018 year, the demand for chartered accountants stood at 2.82 lakh. As per the record, the chartered accountants in practice was 1.25 lakh. The figure shows that there is a gap between the demand and supply. The supply of more professionals fills the employment gap. This increase will help […]
Tips to Choose an Audit Firm
Audit firms are writing audit reports with a judgemental attitude and not with a productive attitude. The relationship between the audit firm and the company is a positive one. Companies need to understand the law behind audit firm appointments. Audit firm rotation is mandatory in India. Every five years, the audit firm’s relationship with the […]
SIRC’s 46th Conference of Company Secretaries
The 46th southern India regional conference of company secretaries held on the 13th and 14th of August, 2022. The conference was organised by ICSI, Hyderabad chapter. The theme of the conference is whether governance is professional to be or not to be. The cost of the entrance is 3800 for the member, 3300 for corporate […]
Key Highlights of Company Law Committee Report 2022
Company law is the set of provisions for doing business with ease. The law emphasizes corporate governance. In 2019, MCA created the CLC committee for monitoring the ease of doing business. The objective of CLC {Company law committee} is to improve the operational efficiency and support for the ease of doing business. A blog is […]
Contribution of MSME Sector in 2022
In times of pandemic, the big question that dominated is the growth of the MSME sector. The employment opportunity and GDP growth go hand in hand. MSME sector employs people below the poverty line and encourages the spirit of entrepreneurship. Technology and auditing professionals support the development of the MSME sector. After agriculture, the MSME […]
IBBI organised a training program for Indian trainees:
IBBI conducted a three-day workshop for the Indian corporate law service. The ICLS department is under central government control. It takes care of the LLP act, companies act and a few other acts. The candidates who have cleared Group A service of UPSC civil will work for the Indian corporate law service. The candidates need […]
SEBI notifies social stock exchange framework
Social enterprises work for the social and profit motive. The meaning of social enterprise has been impressing people around the world since long ago. Examples of a few social enterprises that worked for people below the poverty line are Grameen Bank, Bangladesh, The skill foundation, North America, Echoing Green, USA, Schwab foundation for social entrepreneurship, […]
