30/05/2020
Hello talented minds!
Following the last round of quiz, I am back again with another question!!
Steer up the wheel and drive to hit the answer!
Answer in the COMMENT section and TAG your friends to challenge them as well!!
I'll reply to your comments to tell you if the answer is write or wrong!
Get set go!
Stay home stay safe!
Keep following for more such fun engagements!
Reach out to me at [email protected]
29/05/2020
If you have decided to become an auditor, then kudos to you as you have a very dynamic professional life ahead of you. However, because of the variety of opportunities available, we must be aware of the multiple facts about auditing.
Here are some quick insights into the diverse role of an auditor:
1. As an auditor you can choose to work internally for an organization examining company business practices and risks, or work externally to examine the financial records and issue an opinion regarding the financial statements of the company.
2. As much as a CPA certificate is essential for getting on top of the ladder, its however not a prerequisite for becoming an auditor.
3. It is always beneficial to take up computer accounting courses (Like tally) in order to add an edge to your CV. Current trends also show reliance on online short courses for auditing.
4. Don’t limit your option to private firms, explore government firms, PSUs, management consultancies etc as well.
5. Spontaneity: An auditor is supposed to be quick to identify and report issues as and when he comes around one during the audit
6. Soft and interpersonal skills: Along with technical skills, soft skills are required for continuous interactions between multiple departments.
7. Doing your job effortlessly: After consistent practice, an auditor must be able to detect deviations instantly without having to invest time in research. He must know when and where the possible frauds can be dug out. However verification is the key to accurate results.
8. Last, Never stop reading latest books published by senior level auditors and eminent authors.
You stand in a position to reflect the actual financial affairs of the company once you have audited it, and therefore you become the path to good corporate governance.
So shoot me an email at [email protected] and we shall together come out with your best audit fit!
27/05/2020
The introduction of GST brought about a sea change in a favourable way in the manner in which business was conducted in India.
GST has also impacted the lives of experienced professional Chartered Accountants as they have had to adapt, evolve and acquire domain knowledge of the segment of GST that their client required and accordingly deliver satisfactory services in this new tax regime.
The single-tax GST implementation has brought in a new set of rules and amendments that has improved our taxation system. Everything has to be done according to the new system.
In fact after GST various opportunities have opened up for CA’s and their role has only enhanced. They now have to inform and guide businesses to understand and adhere to the necessary documents needs and GST compliance, which are required to be submitted at the time of GST registrations. They also need to check that the credit leakage is minimum for the clients business.
In the old tax regime the CA’s were restricted to just one or two states as each state had different forms and laws applicable to their respective state. But now under GST there is the same return form nationwide, this has increased their working area.
This has also resulted in CA’s hiking their professional fees manifolds as their work load has also increased due to the monthly filing procedures of GST which were quarterly in the old tax regime.
Moreover in GST everything is done online so it has resulted in saving their time and work has become more convenient, in fact decreased as most of the data is auto populated from clients sales and purchase registers as well as main return.
GST is thus a privilege for CA’s as it helping them generate additional revenues.
Reach out to me at [email protected] soon!
26/05/2020
12th is a very important year in a students life because it is after 12th that he/she has to choose what profession or career he/she will prefer in life.
It is a life defining moment and hence the choice has to be made very carefully.
Most commerce students give CA a passing thought but then shy away from it because they know that becoming a CA requires very hard work and is very very difficult.
But they fail to realize that inspite of all the hardships in the way of becoming a CA, it is a very rewarding and prestigious career.
It is one of the best professional courses that is highly rewarding financially and a very in demand profession. A CA in India has a prolific demand in every sector of the economy and has lucrative career options in C A Firms, MNC’s, Banks, Capital Market Services, Financial Institutions, as well as Independent Practice.
A CA usually has a six-figure salary in very stable large corporates but is required to constantly update himself regarding changes in financial rules, regulations and systems. His work has deadlines and therefore has to work long hours than most other employees. But of course he enjoys a better status professionally, is more respected and handsomely rewarded financially.
So, A Big Yes CA is one of the best career options after 12th!
Well, I’m just an email away to help you get some useful insights on this.
Reach out to me at [email protected] soon!
26/05/2020
Has this never ending LOCK-DOWN shut your brain??
To make your lockdown fun, I have come up with this Fun Quiz.
Answer in COMMENTS section. Also, TAG your FRIENDS and challenge them to answer!!
I will reply to your comment whether your answer is Right or Wrong!
So Gear up… I am Waiting for your answers! .
Stay Home.. Stay Safe… and Follow me!
Reach out to me at [email protected] soon!
25/05/2020
Let this Eid be the occasion of sharing the love and caring for the people who need to be loved and cared.
Eid Mubarak to all!
18/05/2020
These are top CA Firm which everyone dream off:
1.Deloitte
2.KPMG
3.PWC
4.BDO International
5.Ernst & Young
6.RSM International
7. Grant Thornton International
8.S.S.Kothari Mehta & Company
9.Lodha & Company
10.Luthra & Luthra
Please comment let me know which is your Dream firm?? Or where do you see yourself working in next 5 years???
To achieve Big you need to Aim high and dream big with lots of hard work and dedication, If anyone of these firm you look up to, Study hard, get that score of CA entrance and live your dream!!
Well, I’m just an email away to help you get some useful insights on this.
Reach out to me at [email protected] soon!