In the current year with the deadline of 30th November, 2011 staring at us in the face, is it possible for companies to comply with Mca norms? I mean do we have the time to convert all our companies, accurately, and file it with MCA – if we do it on our own? This is […]
Are you ready for XBRL? Well preparedness for xbrl can mean different things at different levels of the xbrl chain. Board level: If you are a member of the board of directors of a company, you need to know that the Ministry of Corporate Affairs has mandated reporting in XBRL format. You need to know […]
Why should I hold cash? A very good question which many people keep asking. It is true of individuals, corporations and funds. Well cash is held for 3 main purposes (any Economics tutorial 101 will tell you this): 1. Transactions Motive – to do transactions 2. Precautionary Motive – just in case I need something. […]
Copy from Satyam’s Audited accounts. No comments, only an extract fyi. If you thought frauds start with greed, I agree. If you think you can lie with your mouth open, AND with your mouth closed, I agree. Here is a nice extract, read on and conclude why the BOD kept quite. I am not commenting […]