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, […]
List of forensic accounting firms that employ company secretaries

Forensic accountants have the eligibility to work in accounting firms, law firms, auditing firms and international audit firms. Forensic auditors need accountancy qualifications like MBA, CA, CMA, CPA, CS, and LLB. The professional skills of a forensic accountant are interviewing skills, detail-oriented thinking, communication skills, creative thinking, and analytical skills. The job is similar to […]
A detailed analysis of the new CMA Syllabus

Operations management and strategic management, financial management and business data analytics, corporate and economic laws, Strategic cost management, direct tax laws and international taxation are the new subjects added to the CMA syllabus. The new topics are added with the CMA foundation, intermediate and final levels. Let us shed light on the three-level syllabus and […]
GST amendments to goods transport agencies

From July 2022 the GST rates charged over GTA from the central board of indirect taxes and customs had been reduced. The forward option led the agencies to pay 5 or 12 per cent of tax. If the agency has registered under the CGST Act of 2017, they are applicable for the exemption. The make […]
Can CMA become CFO?

CEO, CFO and COO are the three ranks standing after the position of managing director of the company. CFO has the authority to communicate with the board members, shareholders, employees and other executives. CFOs take care of annual report preparation, capital structure decisions, reports about financial performance, budgets, evaluation risk factors, and track the data […]
Difference between a financial advisor and an auditor

Different financial professions handle the monetary needs of corporate. Financial advisors, accountants, wealth managers and auditors manage corporate challenges and investments. Investment opportunities and tax planning are the jobs of a financial advisor. Thinking about the tax implications and planning are the job of an auditor. Financial advisors give consultation on the following matters: tax […]
Importance of mock test in CA foundation

In CA foundation, students learn about principles and practice of accounting, Business mathematics and logical reasoning, Business laws and business correspondence, reporting and business economics and business and commercial knowledge. The subjects enhance the basic knowledge, and advanced knowledge required for learning chartered accountancy courses. ICAI institute will upload the mock test papers two times […]