Category: Did You Know ?

SOX – Sarbanes Oxley Act

Sarbanes Oxley Act is also known as ‘Public Company Accounting Reform and Investor Protection Act’, ‘Corporate and Auditing Accountability and Responsibility Act’, SOX & SARBOX. The possible questions that strike our mind while studying any law are Why, Who, When,...

Read More
E-Filing Balance Sheets in XBRL Format with MCA

XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisation does not remain dormant piece of printed papers but these figures can be used...

Read More
MCA 21 – Services Available and Benefits

With the opening of the economy towards globalisation, our corporate world requires world-class governance system. The essence of corporate world lies in promoting compliance of the law in letter and spirit, transparency, accountability and above all, fulfilling the fair expectations...

Read More
Director Identification Number (DIN No.)

The concept of a Director Identification Number (DIN) was introduced for the first time in India with the insertion of Section 266A to 266G of Companies Amendment Act, 2006. The DIN is a unique identifier for an existing or a...

Read More
IIM’s to give more preference to Females & Non-Engineers

The most common thing at most of India’s premier institutes is that most of the students are males. And when we talk about IIM’s – those males have another thing in common – that most of them belong to the...

Read More
Good News: Now all Students can view their Answer Sheet: Supreme Court

In a landmark judgement which would be thanked by the Student Fraternity across India, Supreme Court on 9th August 2011 has announced that any Student aggrieved by the marks awarded to him/her in the Exams can now make an application...

Read More
Now get Admission into IIM directly after Class XII

IIM aspirants will not have to wait for a Graduation Degree anymore as IIM Indore has launched a Integrated 5 year Post Graduate Diploma in Management with the eligibility for the same being Class 12th. It will be a 3...

Read More
What is Human Resource Accounting?

Human Resource Accounting is the process of identifying and measuring data about Human Resources and communicating this information to the interested parties. It is an attempt to identify and report the Investments made in Human Resources of an organisation that...

Read More
All about Dhirubhai Ambani

Dhirubhai Ambani (28 Dec 1932 to 7 July 2002) is a rags to riches story who founded Reliance in Mumbai in the year 1957. He took a public issue of his company in the year 1977 and by the end...

Read More