If you have visited the MCA website you will find prices ranging from a few thousands to millions of Rupees! Why should there be such a variance and what are the factors which decide the price? Well clearly it is a case of how much effort goes into the creation of a xbrl document. In […]
XBRL training is a big event happening in the corporate world – especially amongst the financial executives. Let us get somethings very clear. It is necessary to file your Annual Return in xbrl format. This is a company secretary’s responsibility, but the work will have to be done by an accountant. It is obvious that […]
Let us see what the law says about Board Composition (some of it is common sense too!): – board should have an optimum mix of Executive and Non-Exec directors – check all remuneration is checked by the Board and approved by the shareholders – check whether the Board has met at least 4 times in […]
I recently received the annual report of a financial services company. Like all financial services company this company also has an insurance business, a financial distribution company, a mutual fund, …the works. A quick glance clearly shows that this company will NEVER make money in ANY of the abovementioned businesses during my life time. Surely […]