Commercial prudence and economic logic still favour offshoring of jobs.
Insourcing to deter offshoring jobs
Tax benefits will be given to companies that create jobs in the US, and denied to transnational companies that take jobs offshore. »
The components of audit risk
From an auditor's viewpoint, the three components of audit risk are inherent risk, control risk and detection risk. »
Improving desalination
Desalination of sea water to meet the industrial and residential water requirements has been in vogue for many decades now. However, the cost of water secured through this source has been... »
60 Seconds Chief
60 Seconds Chief
Green IT and risk management
Ever-changing business environments and technological innovations bring new challenges and risks to an enterprise, with regard to Information Communication Technology (ICT). Risk managemen... »
Social Responsibility for SMEs
The ongoing debate in Western economies regarding the role of corporates in widening the gap between the rich and the poor, exemplified by the Occupy Wall Street movement, has brought focu... »
60 Seconds Chief
Audit conclusions and reporting
The goal of an audit is to form and express an opinion on financial statements. The audit is performed to get reasonable assurance on whether the financial statements are free of material... »
Peer review for chartered accountants
The Institute of Chartered Accountants of India (ICAI) has taken it upon itself to ensure the quality of the working of its members through peer review. Peer review is review of the profes... »
Access to funds
The Government of India's recent announcement of its intent to increase its market borrowings by Rs 40,000 crore to fill in the sluggish tax collections gives a clear signal that interest... »
TDS relevance for foreign commissions
Gangesh Exports Ltd is engaged in the manufacture of precision sorting machinery for agricultural products. It sells machinery to various countries, especially developing countries, through agents... »
Providing social security for Indians
Kanu Patel is an employee of a garment exporter in India which caters to the requirement of European customers. One of the European customers is a Belgian company which is particular that their su... »
SMEs and credit guarantee
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), founded in 2000, has made some progress in its 12 years of existence. However, given the size and scale of the SME sector... »
Audit firms need proper supervision
The need for regulating audit firms has been felt globally during the years, especially after the Enron-Andersen-dotcom-telecom meltdown around the turn of the millennium. Consequently, ne... »
Singapore, a preferred tax haven
A Canadian company is in the process of investing in India and examining modes of investments that will make its overall global tax rate most effective. The company is convinced that the investmen... »
Healthcare industry
The healthcare industry in India is attracting a significant amount of capital from Private Equity firms, as it is one of the few sectors that continue to witness steady growth in the curr... »
Investing overseas, the easy way
Sudhir Rao, an Indian businessman with substantial interest in the winemaking and brewery sector, recognised the growing opportunity in Australia for investment in the vinification business. As th... »
Voluntary disclosure for foreign assets
Mr X, an industrialist, constantly looks out for news items for a possible offer of a Voluntary Disclosure scheme by the Government, especially involving offshore assets. Mr X has funds stashed aw... »
Foreign exchange risk
The foreign exchange market is witnessing unprecedented volatility with the Rupee-dollar exchange rates moving from Rs 44.1 per USD to Rs 54.2 and then again to Rs 52.7, all within the las... »
Managing risks in retail FDI
The ongoing battle regarding FDI in retail is likely to intensify further in the coming months. The arguments put forth for and against the policy are equally valid. However, peo... »
Cash does not add to investor appeal
Analysis shows that no matter how adventurous investors may be, they seem to assign more weight to a company's growth prospects determined by the business and sector it operates in, than to its idle cash coffers. »
Hospitals hire from hotels - for better service
Sony goes with Hakuhodo Percept's pitch
Pierre Cardin premium pens fail to ink in sales
Insourcing to deter offshoring jobs
Improving desalination
The components of audit risk
Providing social security for Indians
60 Seconds Chief
Green IT and risk management
Audit firms need proper supervision
Of reserves and liabilities
SMEs and credit guarantee
Negative list for service tax