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2018

An Accountants JobDescription Roles and Scope

DO ACCOUNTANTS JUST COMPUTE NUMBERS ? NO.

READ BELOW TO FIND OUT MORE

For most people, the tax season and year-end is most dreaded period that can only be dealt with the help of an auditor or an accountant to unravel puzzles related to one’s financial health and overall tax liability. In layman terms, it is the only time period when accounting and auditing team becomes extremely important and is sought to do their magic with numbers in receipts and bills!

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2018

Accounting Jobs for Women in India Have A Long Way To Go

WOMEN IN ACCOUNTING ROLES MAKE UP LESS THAN 20 PERCENT OF WORKFORCE IN LEADING ACCOUNTING FIRMS, FINDS A STUDY.

The financial year end is just around the corner and with many companies and tax payers set to close of the books of accounts, it is rather staggering to find out that women who make up at least 50 percent of the accountants, internationally, are still competing to receive fair benefits from employment.
On the international women’s day, this finding warrants a deeper view to determine the issues faced by women in the booming accounting community in India and reasons for the pay gap.

2018

The Financial Resolution and Deposit Insurance FRDI Bill

Introduction:
Since Independence, Bank Fixed Deposits is one of the most popular investment options for common men in India. However, recent changes in the economic trends & Government policy has compelled common men to rethink about the their most favourite investment avenue. Moreover, the recent bill tabled in the parliament called the Financial Resolution and Deposit Insurance (FRDI) has caused lot of rumours and concerns among common men. If this bill is passed, Bank FD may become one of the least preferable investment option among small house hold investors in India.

2018

Popular Accounting Careers in Indian Defence Forces 1

In the armed forces, accounting has an essential role to play as it aids in strategic planning, cost-cutting and effective disbursement and spending of public resources and nation’s defence capital. For this purpose, Indian Military —Indian Army, Indian Navy and Indian Air Force has always kept open doors to recruit eligible accounting personnel and executives.

Although their selection procedures are rigorous and systematic, if you are one of the budding accountants, it is simply worthwhile to explore accounting careers in the Indian army rather than limiting your choices to just MNCs and private financial and accounting corporations.

2018

Gross Domestic Product The Macroeconomic Measure of an economys performanceAdd subheading

Gross Domestic Product:

Gross Domestic Product or GDP is one of the measurement which economists, governments and investors use to measure productivity and growth of an economy. GDP represents the total monetary value of all the final products / services produced by all people and organisations over a given period of time. The Organisation for Economic Co-operation and Development (OECD) defines GDP as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).” As per International Monetary Fund (IMF) "GDP measures the monetary value of final goods and services - that are bought by the final user - produced in a country in a given period of time (say a quarter or a year).". By far, GDS is one of the most powerful measure to indicate productiveness of a country in the world.

2018

The Accountants Guide to Important Microsoft Excel Functions

Microsoft Excel is one the quintessential software programs used in the business community across the world for recording financial data to aid their planning, budgeting, forecasting and decision making processes. With the Google Drive, accounting enterprises are able to take the advantage of cloud to facilitate anytime, anywhere access to financial data.

Even after decades since its launch, MS Excel continues to remain the industry’s favourite for a host of reasons but, mainly due to its intrinsic nature of simplifying complex calculation using advanced formulae and IF functions. In the U.S. alone, about 69 percent of the companies reportedly use Excel, as per the 2016 Accounting and Finance Function reports by Robert Half.

Financial Management