WIRC Bulletin - October 2018

Demystifying Parta system

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                                       Demystifying Parta system                                      CMA ( Dr. ) S K Gupta, MD  & CEO, Insolvency Professional Agency of Institute of Cost Accountants of India E – Mail : [email protected] Dr. Shalini Aggarwal, MBA, PhD.,M.Sc (Computers), Associate Professor, Chandigarh University The Parta system originally conceptualized and structured by Mr. Ghanshyam Das Birla was an extremely pre eminent system […]

WIRC Bulletin - October 2018

PROFIT IMPROVEMENT PROGRAMMES

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PROFIT IMPROVEMENT PROGRAMMES by CMA Rajesh Kapadia Profit is the resultant of revenue, costs and facilities. A programme for improvement in profitability must constantly review each of these factors. ( See Annexure-1) Improvements in Revenue : These may include : Increasing selling price Reducing selling price where such action will substantially increase the volume of […]

WIRC Bulletin-August 2018

Tech Startups and Accounting: CMA Anil Kshatriya

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Successful entrepreneurs are good strategists. They have foresight to spot future trends. They have insights to commercialize and execute ideas. But most entrepreneurs might have little or no exposure to system of accounting their business transactions. Growing number of technology start-ups are ideated by technical specialists with expertise in their area of interest. The big […]

WIRC Bulletin - July 2018

Challenges before Entrepreneurs for Sources and Application of Fund’s By Dr. Amardeep D. Jadhav

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Challenges before Entrepreneurs for Sources and Application of Fund’s By Dr. Amardeep D. Jadhav Asst. Professor, Chhatrapati Shahu Institute of Business Education and Research, (An Autonomous Institute) Kolhapur-Maharashtra. Abstract: A primary inhibitor of business start-up is that few people have the financial cushion to give up a job for the unsure income of a start-up venture. Here we discuss […]