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Draft Engagement letter & Management representation on Statutory Audit

May 12, 2020 274590 Views 0 comment Print

Article contains Draft Format of Engagement letter on Statutory Audit and Draft Format of Management Representation letter on Statutory Audit-

Summary of IND AS 116 from lessee perception

May 12, 2020 5142 Views 4 comments Print

Understand the accounting treatment of leases from the lessees perspective with this comprehensive summary of IND AS 116.

COVID-19- Sustainability of Indian Economy Post Lockdown

May 12, 2020 891 Views 0 comment Print

The emergence of uncalled virus COVID-19 has already left a big hole in the economies all over the world including India. The virus has led to the worldwide shut in businesses and has become the matter of concern for the countries. The world is facing humanity’s biggest crisis since World War II. Almost every country […]

Decoding Basic Monetary Policy Terminologies

May 12, 2020 6042 Views 0 comment Print

During this time of pandemic COVID-19, we have seen multiple times that Our Hon’ble Finance Minister Mrs. Nirmala Sitharaman and RBI Governor Mr. Shaktikant Das has come up with lots of economic measures to prevent the economy from going into a deep depression which most of the other developed countries have yet failed to do […]

Lawyers’ Fees: [SC wants CAP] [Litigation Funding is Legal] but [Percentage Fee is Illegal]

May 12, 2020 4764 Views 0 comment Print

I personally of the view that in India, Legal Profession is too costly and in fact such is the fee charged that for MSME and Start-ups and individuals and middle class and poor people it is almost not possible to approach Court for any remedy and this is totally against the concept of legal services at least in India and hence there shall be a law to regular the Legal Fees and there has been a debate going around since a long time but yet is pending.

Online Business- Start taking active role to stay relevant in market

May 12, 2020 642 Views 0 comment Print

Traditional Business/Retailers have long enjoyed their running of business in the same manner as there was no competition to them and infact one of the negative side of this is the way Traditional Business/Retailers long back avoided giving any importance to its customer or its grievances and infact by making Union / Association, it was […]

Debt Recovery under MSME- Best in Business after IBC Law

May 12, 2020 2382 Views 0 comment Print

There is no doubt that Delayed Payment has been and is the biggest problem majority of the business entities are facing and there are very less companies who pay to its vendors in time. This delay in payment to MSME creates a huge financial problem as due to this the money is stuck and the […]

Insider Trading: An Imperceptible Crime of Indian Securities Market

May 12, 2020 6579 Views 1 comment Print

Insider Trading means buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. One who has access to confidential information about company’s affair would have an unjust benefit over other investors.

Recovery of Debt under MSME

May 12, 2020 45042 Views 5 comments Print

MSME = Traders not MSME, Turnover will decide MSME soon, Recovery of Debt under MSME = [Be a Part of MSME Now] MSME stands for Micro, Small, and Medium Enterprises. In accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006, the enterprises are classified into two divisions. Manufacturing enterprises (engaged in […]

Real Estate future and opportunity

May 12, 2020 2544 Views 0 comment Print

CA Prakash Suneja Amid Coronavirus pandemic a big challenge is for real estate sector. Real estate sector alone can change the economy of the country. After the lifting of lockdown it is a big challenge for the real estate sector for development and growth. If we see the opportunity side in the real estate sector […]

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