BMW- International Management & Research Study

Introduction: Karl Benzin, has designed the first automobile i.e. BMW, equipped with Petrol engine in 1885, in Mannheim Germany. “Patent” for the same automobile has been received on 29 January 1886, and then the first production of Patented automobile was started in 1888 after an event when “Bertha Benz” his wife has asked for first … Continue reading BMW- International Management & Research Study

Varieties of Capitalism – An Emerging Economy Prospective

From Peter a Hall and David Soskice    Own an expert opinion, Click on the image. The matter given “Varieties of Capitalism” states as, “an effort to think beyond three perspectives on institutional variation that have dominated the study of comparative capitalism in the preceding thirty years.” The response to all such economic problems were … Continue reading Varieties of Capitalism – An Emerging Economy Prospective

Earning Zones

One of the most Chanted query in job seeker’s world is, What are the Earning Zones? “Do earning, really needs a Qualification?  Whether earning can me made through Online Portals? Well, it is always a tough call to make on, whether the industry/ market are hunger of degree or the skills. The similar issue arise … Continue reading Earning Zones

Statutory Compliance required to be checked during an audit

Introduction: Apart from regular Vouching and Verification, during an audit it is necessary to check the statutory compliance of the statutory body. So, rather than only Service Tax Applications, WCT calculations, and Sales Tax, an auditor needs to verify and check other Labour Laws and the compliance during an audit. So, some of the Labour … Continue reading Statutory Compliance required to be checked during an audit

SA-505: External Confirmations & its Format

Purview: To give true and fair view on Financials of the company, an auditor is required to ascertain that whether such financials are free from material mis-statement or not. And to obtain a “External Confirmation” from different parties is one of the key material to ascertain such opinion. Objective: The objective of the auditor, when … Continue reading SA-505: External Confirmations & its Format

Performa of Director’s Report, 2015 and onwards

DIRECTOR’S REPORT   To, The Members, …………………………….. PRIVATE LIMITED New Delhi,   Your directors have pleasure in presenting their …………….Annual Report & Audited Statement of Accounts of the Company for the year ended on 31st March, 2015     FINANCIAL RESULTS                                … Continue reading Performa of Director’s Report, 2015 and onwards

A brief on – How to do IFRS Audit

Introduction: IFRS (International Financial Reporting Standards) audit is one of the chanting word among the Indian companies. It is just like preparing a Balance Sheet but it is prepared as per International Financial Reporting Standards. Usually, it is seen that many MNC’s  company has its branch offices in India and they want to analyze the … Continue reading A brief on – How to do IFRS Audit