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Archive: 11 September 2022

Posts in 11 September 2022

Prudential Norms : Auditors Liability for willful default

September 11, 2022 2805 Views 0 comment Print

Explore the recent RBI norms on auditors liability for willful default, emphasizing the role of Chartered Accountants in ensuring accurate financial reporting. Understand the criteria for identifying non-cooperative borrowers and the consequences for auditors found negligent. Dive into the mechanisms and procedures outlined by RBI for dealing with willful default cases, offering insights into the definition and consequences of willful default and diversion & siphoning of funds. Stay informed on the regulatory landscape and guidelines to maintain financial integrity

Is Bitcoin Mining Illegal?

September 11, 2022 3744 Views 0 comment Print

When Satoshi Nakamoto launched Bitcoin in 2009, there was much hope in the cryptocurrency as a better alternative to the centralized financial system.

How Much Energy Goes into Bitcoin Mining?

September 11, 2022 2052 Views 0 comment Print

You probably already have heard about Bitcoin, the most popular cryptocurrency. You might even be a Bitcoin user. But do you know anything about Bitcoin mining?

Ways to Use Bitcoin in Your Daily Life

September 11, 2022 2664 Views 0 comment Print

Have you used Bitcoin today? Better still, how many times have you used Bitcoin in the last week? These questions would shock most people, including those who consider themselves staunch Bitcoin users.

How Bitcoin Impact Society

September 11, 2022 4785 Views 0 comment Print

When Satoshi Nakamoto launched Bitcoin in 2009, not many people thought it would become such a big thing. Today, Bitcoin is causing waves across all parts of society

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