Showing posts with label CMA. Show all posts
Showing posts with label CMA. Show all posts

Friday, 11 September 2015

HOW TO REMOVE DISTRACTIONS FOR YOUR STUDIES?

HOW TO REMOVE DISTRACTIONS FOR YOUR STUDIES?

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Hey Guys ! it is generally seen that most of the guys start studying for a minimum target hour of 4-5 hours when they have less than 6 months before their examinations but finally end up with 40 minutes of studies with 3 breaks in it. If you think that above mentioned story is yours only then you are not alone. It happened with 99.99% of the CA Students. Although the rest of the 0.01% of CA Students are rank holders.
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So I think the main reason regarding this scenario is because of number of distractions available with us. In this post I will discuss with you about identifying the Distractions and measure for how to remove them. Lets identify them first.
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Following are the distraction generated by us between our study and success.
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1. Mobile phone – the most dangerous distraction is Mobile Phone for us these days. After invention of ios and android then these distractions become hell.
2. Social Networking Bomb – Once upon a time we have only Orkut but now we have Facebook, Twitter, Whats App, Instagram, skype, google plus etc. These social networking sites has made the world near but takes away our focus.
3. Boyfriend/Girlfriend – If any student has skipped the above two distractions but has the most dangerous distraction of Boyfriend or girlfriend then this is a serious problem from your study point of view. It consume about 5-6 hours of your healthy study time.
4. Movies or Episodes – Some students have so craze of movies or studies that they even skip their classes for that. Once one of my friend got an addiction of TV episodes of “The Vampires Diaries’ and he has watched all the Six seasons in just 2 weeks.
5. Others – There are many other distractions such as family problems, friends & relatives, social responsibilities etc. Although these are necessary but may be avoided to some extent.
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Following are the ways to avoid distractions generated by us between our study and success.
1. Mobile Phone – First decide your study time according to your predefined time table . Secondly switch off your phone and put it into another room. Believe me that’s the only way to get rid of this distraction. If you think that you can just avoid it by putting it on vibration mode beside you, then my dear friend you are wrong.
2. Social Networking Sites – Deactivate your Facebook account one month ago of your final examination. Nobody forgets you if you are not online for one or two months. Use only Email for communication or exchanging notes etc.
3. Boyfriend/Girlfriend – No words for this distraction. If you are really serious for your study then no need to say here on this point. If you are not serious then we are not here to convince you. XoXo
4. Movies/Episodes – Delete them immediately. ICAI gives you officially 2 months to watch them in peace.
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That’s all for How to remove distractions for your studies? Keep Sharing.
If you have some another views regarding the above mentioned discussion then you can comment the same in the comment box given below.
Regards CA GROUPS

Thursday, 2 April 2015

INCOME COMPUTATION AND DISCLOSURE STANDARD ISSUED BY THE INCOME TAX DEPARTMENT

INCOME COMPUTATION AND DISCLOSURE STANDARD ISSUED BY THE INCOME TAX DEPARTMENT

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Central government has notified the income computation and disclosure standards for the assesse who are following the mercantile system of accounting for their income tax computation. In this regard these standards are to be applicable for the assesse having income under the head of PGBP i.e Profit and gain of business or profession or Income from other sources.
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This notification is 32/2015 [ File no.134/48/2010-TPL]SO892E is published by the department on 31 st March 2015. This notification will be applicable with effect from 1 st April 2015 so as to be applicable for income computation for the assessment year 2016-2017 for the above mentioned assesses.
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Income tax has also published standards for income computation and disclosure requirement for the assesses whose income comes under the heads of “Profit and gains of business or profession” or “Income from other sources”.
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Now from students point of view you have to study another standards along with Accounting Standards and Auditing Standards.
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In its first publication department has published TEN standards on income computation and disclosure requirements. The name for the same is given below for your kind reference:-
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1. Income Computation and Disclosure Standard I relating to Accounting Policies
2. Income Computation and Disclosure Standard II relating to valuation of inventories
3. Income Computation and Disclosure Standard III relating to construction contracts
4. Income Computation and Disclosure Standard IV relating to revenue recognition
5. Income Computation and Disclosure Standard V relating to tangible fixed assets
6. Income Computation and Disclosure Standard VI relating to the effects of changes in foreign exchange rates
7. Income Computation and Disclosure Standard VII relating to government grants
8. Income Computation and Disclosure Standard VIII relating to securities
9. Income Computation and Disclosure Standard IX relating to borrowing costs
10. Income Computation and Disclosure Standard X relating to contingent liabilitiesprovisions and contingent assets
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You can download the all of the above mentioned from the link given below for direct downloading

Wednesday, 10 December 2014

Corruption in Professional coaching classes of CA / CS

Corruption in Professional coaching classes of CA / CS

Heard of POLITICS in a STATE or a COUNTRY? Ever came across diplomacy in tutorial classes? Sounds haphazard and mind boggling right..?
Read on to find out why??
Corruption in Professional coaching classes of CA / CS  etc..
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There are classes umm… various classes and the hoardings crying wailing out for joining their best reputed classes for desirable success in whatsoever professional or courses they have to offer you coaching for. Now. What exactly ruins my brain is, if ,you’re not satisfied with the coaching of a particular subjectand the teacher is jus in a rush to comprehend and has a targeted duration of completing the syllabus and you decide to give a shot to another tutor whom you know has done outstandingly well in subject. But what exactly happens is they decide to create time clashes and make plots so that you aren’t anchored to the tutor who justifies. What the heck.. Really.. .
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Ultimately you get to know about the ongoing politics between the classes. Why is it that you need to sign a bond? Even if a student like me has been obstructed like this it creates a mental turbulence in the brain and you are jus pushed to pay the price for a decision you know was the most accurate of awl.. And the classmates are jus envious. If you can’t stand for what is right and be vigilant enough to accept the fact you’re a bag of shit. I must say this needs to be halted. In a small city wherein I reside if this is persistent I can’t think of the turmoil students who have that caliber be going through at this POT. Please the concepts required in the subjects are of core importance. Rather than the politics classes are playing.
Ruining thus the introverted brains of students.

The credit of this article goes to :- Vanisha Arora email id:- vanishaarora55@gmail.com

Monday, 6 October 2014

WHAT IS CAP, FLOOR & COLLOR

WHAT IS CAP, FLOOR & COLLOR


What is CAP, FLOOR & Collor
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Today, we are writing an article to explain you the basic difference between CAP, FLOOR and COLLOR.. MUST READ n SHARE wid ur friends

Common points for all three:


• These are Over the Counter type of Option derivatives.
• These are useful for those who borrow or lend on Floating rate of Interest..
I.WHAT is Cap:
• Useful for those who borrow money.
Cap Pay Commision/ Premium Cap
Seller Undertaking that he will compensate his loss Buyer
on account of increase in Interest Rate


In Simple word, Cap Buyer fixes a maximum rate for himself i.e. he limits his loss
not gains. Gains are not shared with cap seller.

II.What is Floor:
• Useful for those who lend money.
Floor Pay Commision/ Premium Floor
Seller Undertaking that he will compensate his loss Buyer
on account of decrease in Interest Rate
In Simple word, Floor Buyer fixes a minimum rate for himself i.e. he limits his loss
not gains. Gains are not shared with floor seller.

III. What is Collor:
• It is a combination of Cap and Floor.
• In this, no commission is paid to any body.
• Profit/ Loss of Collor buyer is limited i.e. he will not be gaining or
loosing excessively on account of change in Interest Rate.
Collor Share of Profit, if he gains Collor
Seller Compensate the loss, if he looses Buyer
• Collor can be taken by anybody whether borrower or lender.
i. If Taken by borrower (Collor Buyer):
• If interest rates goes up then his loss will be compensated by color
seller.
• If Interest rates goes down then collor buyer will share the profit.
ii. If Taken by lender (Collor Buyer):
• If interest rates goes up then collor buyer will share amount of profit
with collor seller.
• If interest rates goes down then the loss to collor buyer will be
compensated by collor seller.


Hope our article What is CAP, FLOOR & Collor will help you !!!


MUST READ N SHARE


Regards
CA GROUPS
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Disclaimer : If a person copies this article without giving any credit will be liable of punishment under copyright act , as this article is copyrighted content in the name of CA GROUPS