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A tale of Father’s Advice to Fly High..!

This Fathers Day, I would like to share one of the vivid memories I have of me and my father together. I belong to Gujarat, and one of the most important festivals is Sankrant. As I was watching my father flying a kite, I said, Pappa aa manjho patang ne unchi udwa nathi detho...

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Posted Under: CA, CS, CMA |

Brief on Indian Valuation Standard 103 – Valuation Approaches & Methods

Indian Valuation Standard 103 - Valuation Approaches and Methods includes A) Market Price Method, Comparable Companies Multiple (CCM) Method, Comparable Transaction Multiple (CTM) Method, Discount for Lack of Marketability, Discount for Lack of Control (DLOC), Income Approach, Discounted Cash Flow (DCF) Method, Relief from Royalty (RFR)...

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Posted Under: CA, CS, CMA |

Corporate Due Date Calendar June, 2018

Article compiles due dates falling in month of June 2018 for GSTR-1 Return [for month of May 2018], GSTR-3B [for month of May 2018], GSTR TRAN-02, TDS Payment, Issue of TDS Certificate for tax deducted U/s. 194-IA /194-IB  in the month of April, 2018, Furnishing of Form 24G by an office of the Government, Issue […]...

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Posted Under: CA, CS, CMA |

7 Time Management tips to hack productivity

What is Time Management? It is a set of principles, practices, skills, tools and systems that helps us to use our time to accomplish what we want....

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Posted Under: CA, CS, CMA |

Presentations on Standards on Cost Auditing: SCA 104

Presentation on Standard on Cost Auditing Knowledge of Business, its processes and the Business Envirnment (SCA 104)- An auditor needs to understand the clients business before audit of cost statements. [Current Business scenario, Nature of Business, Product Portfolio, Raw Material Prices Global impact etc., whether it is part of any regu...

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Posted Under: CA, CS, CMA |

Presentations on Standards on Cost Auditing: SCA 103

Presentation on Standard on Cost Auditing- Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Cost Auditing Standards (SCA 103)...

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Posted Under: CA, CS, CMA |

Presentations on Standards on Cost Auditing: SCA 102

Presentation on Standard on Cost Auditing Cost Audit Documentation (SCA 102)- Documentation is necessary to have proper evidence that the audit was planned and performed in accordance with SCAs and applicable legal & regulatory requirements. Cost auditor should document all matters, important in providing evidence to support the opinio...

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Posted Under: CA, CS, CMA |

Presentations on Standards on Cost Auditing: SCA 101

Presentation on Standard on Cost Auditing Planning an Audit of Cost Statements (SCA 101)- Planning an audit of cost statements and records is considered necessary to ensure achievement of audit objectives with available resources and securing coordination with the auditee....

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Posted Under: CA, CS, CMA |

CMA institute suggests inclusion of Cost Accountant in definition of Accountant U/s. 288(2) of Income Tax Act, 1961

Institute of Cost Accountants of India has submitted suggestions on New Direct Tax Law on 23rd May 2018 to Finance Minister Shri Piyush Goyal and suggested Inclusion Of Cost Accountants Under The Definition Of Accountant U/S 288(2) Of Income Tax Act, 1961. ...

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Posted Under: CA, CS, CMA |

How to move forward in our hard times

Life can hit hard. Sometimes we get knocked down when we don’t even see it coming. Some are cheap shots,some are glancing blows and some can bring you to your knees. When this happens, it’s not about how hard you get hit, it’s about how hard you can get hit, but still find the strength […]...

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Posted Under: CA, CS, CMA |
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