Pricing strategies are vital for a business with high competition. Cost accountants indulge in cost and pricing strategies. The pricing strategies are interrelated processes of cost of production, cost control strategies, market competition, and number of competitors in the market, number of new products in the market, reputation or brand value of the company and…
ICAI notified the students of CA about the observation from the question paper. CA intermediate and final students are writing the last term of the examination. The 2024 year is for the new syllabus. The old syllabus ends in 2023. The reviews from the students of RR Academy show that the question paper for 2023,…
ICAI has many overseas centres to spread the value of Indian finance education. The 2023 year ends with a beautiful beginning in the USA. ICAI launched the New Philadelphia chapter on 28, October 2023. The heads of different chapters in the USA are as follows: CA Miloni Dhruv from Washington DC, CA. Yash Parmar from…
Provision 149 of the Companies Act says that it is mandatory to appoint a women director. The provision is for the companies listed in the stock market, companies with a share capital of more than 100 crore and companies with a turnover of 300 crore. Companies with these qualities should appoint a women director….
The 2024 starts with the new CA scheme examination for foundation, intermediate and final-level students. The CA foundation students write their CA examinations in December and January. The CA intermediate and final students write their examination in May 2024. The new scheme has a different syllabus and article ship training period. The training period…
CA qualification is eligible for the registration of PhD programs. One hundred and eleven universities, 7 IIMs, and 2 IITs allow CA students to register for the Ph.D. courses. The ICAI has plans to introduce technologies such as artificial intelligence, block chain, and data science. The proposal is waiting for approval from the government. In…
The higher authorities working in the big four firms, directors and senior managers get top salaries in the finance industry. Big Four partners also get high-level income. The general thought is that the managers are permanent employees and business partners are for temporary work. The fact is that in terms of monetary benefits and job…
In an income tax concealment case, the Ahmedabad bench ruled that a penalty can be issued without a limb amount. The tax penalty is a burden to the taxpayers. Tax Revenue plays a prominent role in economic growth. Direct tax is part of tax revenue. It has a relationship with demand, inflation and supply. The…
In Delhi, the Officials from the Income tax department said that the panel of cost accountants will work to check the correctness of the tax returns. The tax calculations include inventory and price fluctuations. The cost audit brings correctness to the tax calculations. The government want to have a monopoly market in some industries. The…
The global prediction says that in between 2022 to 2030 the cost accounting software market may grow at a rate of 9.5 per cent CAGR. Cost accounting software is discriminated based on the nature of cost and application. The software highlights the macro and microelements. A blog is here to bring the details of the…
