Need of Cost Management Accounting

Finance and Accounting have grown in importance in today’s competitive business environment, where corporate organisations must provide an accurate and fair picture of their financial status. As a result, the use of accounting in the business sector has become an essential aspect. The Company Secretary must offer comprehensive and accurate information about the company’s financial activities […]

Royalty

Royalty payments allow business owners to make money from their ideas or to use well-known brands to sell products. So, what is royalty in business, and why is it important for employers to know? Business owners should understand how royalties work before entering into a royalty agreement as a licensee or licensor. Introduction Royalty refers

Ebitda

Earnings before interest, tax, depreciation and amortisation (EBITDA) is a financial metric that helps calculate a company’s financial performance and cash flow. EBITDA is a precise calculation of financial performance because it shows earnings before financial and accounting deductions. What Is Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)? EBIDTA is the acronym for Earnings

How to open a Medical Store in India

Opening a medical store requires many registrations and must follow legal procedures before selling medicines. India’s pharmacy and healthcare sectors have grown tremendously due to the increase in corporate and multi-speciality hospitals. Establishing a medical store is a good option for entrepreneurs having less capital and want to invest in the healthcare sector.Healthcare sector in

mAadhaar

mAadhaar is an official mobile application built by the Unique Identification Authority of India (UIDAI) in order to provide the citizens of the country with convenient access to Aadhaar. The mobile application is an interface for the Aadhaar cardholders to carry their demographic information like Name, date of birth, gender, address and other details along with their

Section 3 – The Cost and Works Accountants Act, 1959

Incorporation of the Institute. (1) All persons whose names are entered in the Register at the commencement of this Act and all persons who may hereafter have their names entered in the Register under the provisions of this Act, so long as they continue to have their names borne on the said Register, are hereby constituted a body corporate by

PICME

PICME or Pregnancy and Infant Cohort Monitoring and Evaluation (PICME) is a system deployed by the Tamil nadu government to track all pregnant women. Pregnant women can register on https://picme.tn.gov.in/ right from the inception of pregnancy until obtaining a birth certificate for the new born. Persons registered under PICME are provided with a 12 digit RCH ID,

How Can you Start a Canteen Business in India

A canteen means a food venture usually established inside premises, like colleges, schools, hospitals, companies, etc. The varieties of food available in these canteens vary based on the business scale. They serve food at a lower price when compared to restaurants and hotels. A canteen can be run by a company, association or an individual.

Appendix No-34 – The Chartered Accountants Act, 1949

Issued under the provisions of The Chartered Accountants Act, 1949 Chapter I Preliminary 1.0 Short title, commencement, etc. (a) These Guidelines have been issued by the Council of the Institute of Chartered Accountants of India under the provisions of The Chartered Accountants Act, 1949, as amended by The Chartered Accountants (Amendment) Act 2006, in supersession of the Notifications issued by the Council under

Appendix No-33 – The Chartered Accountants Act, 1949

Issued pursuant to Clause (7) of Part I of the First Schedule to the Chartered Accountants Act, 1949 The Members may advertise through a write up setting out their particulars or of their firms and services provided by them subject to the following Guidelines and must be presented in such a manner as to maintain