Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: VAT Audit :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: form 3cd :: VAT RATES :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company
News Headlines »
 CBDT issues second round of Certificates of Appreciation to tax payers for their contribution towards Nation building
 FinMin looks at cut in corporation tax
 Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961- reg.
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest

Stress on measuring `intangibles' in company's growth
October, 06th 2006
Conventional methods of accounting are inadequate to measure a company's development. Finance professionals need to bring in methods for measuring intangibles such as brand value, intellectual property and human resources, in order to reflect the true value of a company, Mr Vayalar Ravi, Union Minister for Overseas Indian Affairs, said. Mr Ravi was speaking at a seminar organised by the South Asian Federation of Accountants (SAFA). Expressing a similar view, Mr T.N. Manoharan, President, Institute of Chartered Accountants of India, noted that the focus today was on `intangibles'. He said that SAFA, an apex association of accounting bodies of SAARC countries, is working on a `common accounting standard' and a `common ethical code'. This would ensure easier flow of capital across the SAARC region, said Mr Sunil Goyal, President, SAFA. In this regard, SAFA plans to formulate a common chartered accountancy curriculum for the SAARC region. SAFA is also undertaking studies on compliance levels of municipal accounts. "We will submit guidelines to help municipalities, blocks and departments of governments to move from the present single entry accounting to accrual based accounting," said Mr Goyal. In single-entry accounting, only payments and receivables are accounted for while in accrual based accounting liabilities, assets and provisions such as subsidies and budgets for development would also be accounted for.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions