Author Archive
Important Aspects Of Sarbanes Oxley Compliance (SOX)
Sarbanes Oxley also known as SOX was enacted in July 2002. Sarbanes Oxley law enhanced compliance requirements for U.S. public company boards, on the part
Key Components Of An Income Statement
Income statement also known as profit and loss account represents an integral part of any company’s business operations. It lists all the relevant expenses and
Understanding Direct Debits – Meaning and Usage
With the advent of internet and advancement in technology, most of the things can be handled with the press of few buttons on your desktop
Types of Foreign Exchange Exposures
With globalization and cross country operations, the need to manage foreign exchange has become a crucial part of any business. An exporter engaged in export
Five Main Types of Liability Insurance
Insurance has emerged as a risk management tool to prevent against risks arising from any unanticipated event. Insurance coverage is available in many forms and
How To Find Closing Inventory with Gross Profit Ratio?
Gross profit is the difference of cost of goods sold and a company’s net sales. Cost of goods sold is arrived by adding opening stock,
How to Calculate Indian Income Tax
As the name indicates, income tax simply means tax on income earned. Income tax is applicable to corporations and non corporations which comprises of individuals,
