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CARO 2016- Companies (Auditor’s Report) Order, 2016

Earlier the limit for Private limited company was INR 50 Lacs which has been increased to INR 1 Cr & even the same was with the Total borrowings. Earlier, the turnover limit was restricted to INR 5 Cr which has been enhanced to INR 10 Cr....

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Posted Under: CA, CS, CMA |

Have we Chartered Accountants become Easy Punching Bag in India?

Recently CA fraternity has been allegedly criticized by a Pr. CIT from Pune and this made me think whether we Chartered Accountants (CAs) have become a Punching Bag in India? Can we be held responsible for any wrong-doing in India? If any Government implemented policy fails, we CAs are held responsible for its failure. Demonetisation [&he...

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Clearing and forwarding service under GST

The clearing and forwarding service is very complicated issue in past and present tax structure and having always litigation area, as regard POS, classification of service and valuation of service and due to its various scenario. ...

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Posted Under: CA, CS, CMA |

5 Success mantras to clear CA CPT exam for Successors

What strategies and guideline a CPT student should follow strictly in the last month of their preparation. What 5 success mantras CPT toppers followed that will make you their successor....

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Posted Under: CA, CS, CMA |

Spiritual Dailogue on CA life

CA:- Why has life become complicated now after GST? Answer:- Stop analyzing life... It makes it complicated. Just live it.Just see the daily changes in GST portal and schema of Tax Audits.Be positive and relax....

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Posted Under: CA, CS, CMA |

Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 12

Ind AS Transition Facilitation Group’ (ITFG) of Ind AS Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and /or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015...

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Posted Under: CA, CS, CMA |

Overview of Ind-AS 16: Property, Plant and Equipment

Accountancy, more-often-than-not, is erroneously sighted as a static science. It is a common belief that the principles of accountancy do not change, sans their operating environment, or the circumstances which confront them. You always debit the receiver and credit the giver, whether you are on Earth or Mars. ...

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Posted Under: CA, CS, CMA |

Commitment Ka DIA and Inspiration Ki BATI

Wake up examinee wake up, Every second is precious, energize yourself & raise up. Do not permit any type of stress to enter your mind, Just see your goal, like Arjuna’s Bird’ Eye, keeping all other things aside....

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Posted Under: CA, CS, CMA |

Glimpse of Property Plant and Equipment Ind AS 16

This article provides the reader a brief understanding and grip about the property plant and equipment as contained in Ind AS 16. Property, plant and equipment are tangible items that are held by an entity for use in the production or supply of goods or services, for rental to others, or for any administrative purposes; and are expected t...

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Posted Under: CA, CS, CMA |

Able2Extract Pro 11: Securely Convert PDF to Word, Excel and More

Many companies and individuals today compile various business and financial reports in PDFs because they are easy to read and share across all platforms and devices. This goes also for annual financial statements, various forms, and invoices that they send to their accountants. The main issue for accountants and tax professionals is that ...

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Posted Under: CA, CS, CMA |
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