Free CA and CS Coaching for Reserved Students in Rajasthan
In Rajasthan, there are nine universities and two hundred and fifty colleges. There are fifty-five thousand primary schools and seven thousand four hundred secondary schools. Ajer, Jaipur, Bikaner, Kota, Jodhpur, and Udaipur are the educational hubs in the state. Jodhpur has institutions like IIT, AIIM and Law University. In 2005, the government of Rajasthan announced […]
How do accounting ratios help small businesses?
Cost accountants work in manufacturing units and management consultancies. Cost accountants take care of journal entries, monthly accounts process, quarterly accounts reports, do inventory analysis, increase the cash flow, calculate the depreciation, generate PPV reports, review the general ledger, analyse the cost of raw materials, control overheads and do a cost-benefit analysis. The skills of […]
CSR activities of Hindustan Coca-Cola Company
The CSR expenses are eligible for claiming tax exemption. The CSR activities are in section 37(1) of the income tax act. The assessed is a domestic company with production units and distribution channels for aerated and non-aerated beverages. The assessed is criticised for six types of issues. The first issue is the disallowance of fees, […]
ICAI Issues a Guide on Reporting Audit Trail
Companies use accounting software to check the audit. The software records the data, and it is essential to document the timely changes made to the data. The audit trail is for companies with software backup. Previously it is said by MCA that in a small business, where the accounting and other data are maintained manually […]
Delhi high court differentiated the usage of the term ICAI
The abbreviation ICAI is the common term for chartered accountants and cost accountants. The expansion sounds like the Institute of chartered accountants of India for CA. The expansion is the Institute of cost accountants of India for cost accountants. It is mentioned as ICMAI on the website. The ICAI trademark is leading to confusion. Public […]
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 […]
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 […]
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 […]
