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MENTOR

ACCOUNTANCY: New syllabus — more focused on problems
A review of the November 2008 CA (Final) paper on advanced management accounting. The November 2008 paper on advanced management accounting (formerly cost accounting) is the first one incorporating the new syllabus. What follows is an analysis ...

ACCOUNTING STANDARDS: Embedded lease — substance over form
“The accounting treatment and presentation in financial statements of transactions and events should be governed by their substance and not merely by the legal form,” — a statement abstract from the Indian accounting ...

TAXATION: A not-so-taxing paper
Analysis of the November 2008 CA (PE II) paper on income-tax and CST. The question paper is in standard format with most questions being problems or situation analysis. Out of 93 marks on income-tax (with choice), 30 marks relate to theory and ...

BOOKS: Accounting for MFIs
Microfinance institutions normally incur three types of costs while delivering financial services, viz. operating costs, risk costs, and cost of funds. Thus informs Technical Guide on Accounting for Microfinance Institutions ...

OUTSOURCING: Obama effect on IT
Responses to Sticklish Issues dated Nov 10. Barack Obama has stated that his top priority would be an economic recovery programme. In the process of fighting the slowdown, he needs the co-operation of countries such as India and China. It is ...

INCOME TAX: Curbing black money in realty
Black money still seems to be having a vice-like grip on real-estate transactions in India. Can anything be done ...

BOOKS: Restoring land’s health
Every wasteland cannot be reclaimed to an agricultural land; some can be restored for agro-forestry (trees, crops and fodder all together), and some only for forestry, writes S.N. Chary in Environmental Studies ( ...

EVENTS: Just Do IT
A. Guhan - agnfca at hotmail.com, A. Madhavi - madhavi.akshintala at gmail.com, A. Sai Eshwar - 919417249942 at indiatimes.com, A. Rama Krishna - Manager - Indian Bank - Vijayawada - ramakrishna_akshintala at hotmail.com (Winner), Anwar Husain ...

TELECOMMUNICATIONS: What change do you expect DoCoMo to bring into Indian telecom?
Send in responses, along with your hi-res photo to: ...

EVENTS: Number Crunch
...

PEOPLE: 60 Seconds Chief
...

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