RBI Cracks the whip on NBFCS: A Deep Dive into Regulatory Compliance

compliance

Recent news coverage of NBFCs by the RBI brings to light concerns regarding regulatory compliance and governance issues. RBI aims to fortify financial stability with stricter norms by addressing liquidity issues. To fully grasp the regulatory scrutiny that NBFCs face, we must first understand their importance inside the financial system. WHAT ARE NBFCS? NBFCs, unlike […]

SEBI: The Guardian of India’s Securities Market

securities market

The Securities Exchange Board of India (SEBI)  has led the charge of India’s securities market since the 1990s. Its current chairperson is Madhabi Puri Buch. It’s a non-statutory body that operates under the jurisdiction of the Ministry of Finance for investor protection and to advise the Government. Primarily SEBI is the frontier to protect the […]

The Future of Finance and Accounting: How Cloud Computing is Leading the Way

Cloud Computing: The Future of Finance & Accounting The world of accounting is changing! Cloud computing is taking over, making things a lot smoother and faster. Accountants can finally ditch the late nights spent crunching numbers. This frees them up to focus on hitting deadlines and keeping the business on track. A lot of repetitive […]

The Green Shift: Why Sustainable Accounting Is the Future

Why Sustainable Accounting Is the Future? In today’s complex business world, sustainability is critical for long-term success. Companies use sustainable accounting to assess and manage their environmental and social impact. Sustainability accounting, also known as green accounting, integrates environmental, social, and governance (ESG) considerations into financial statements. It provides a comprehensive evaluation of a company’s […]

Automating Your Way to Success: The Pros and Cons of Accounting Automation in 2024

accounting

Automation is creating a great change in the world of accounting. Computers efficiently do all those boring number-crunching jobs with zero error which saves a lot of time. This tech update lets accountants focus on the important stuff instead of repetitive tasks. what does this mean for the business world? Let’s explore and weigh its […]

Unlocking Career Opportunities with the Certified Management Accountant (CMA) Certification

cma

In the fast-paced world of business today, professionals aspire for credentials validating expertise and unlocking lucrative career paths. The US Certified Management Accountant (CMA) certification, synonymous with financial and critical accounting management excellence, caters to this need. As the presence of multinational corporations grows globally, the demand for US CMAs surges, promising attractive salaries and […]

A Comprehensive Comparison of Old vs. New Tax Regime in India

new tax regime

New Tax Regime in India The Indian tax landscape saw a significant shift in the 2020 budget with the introduction of a new tax regime offering lower rates but limiting deductions. This blog thoroughly compares the pros and cons of the old and new tax regimes, assisting taxpayers in strategic decision-making for personalized financial goals. […]

Charting Your Course to US CPA Certification: A Roadmap for Aspiring US CPAs in India

US CPA – Roadmap to Certification for Indian Candidates Becoming a Certified Public Accountant (CPA USA) is a challenging yet rewarding journey, especially for Indian candidates. As of 2024, understanding the application process and exam preparation is crucial. The CPA certification, globally respected, signifies expertise in finance and accounting and offers diverse career prospects and […]

India’s Economic Ascent: The Dream of Becoming the World’s Third-Largest Economy by 2027-28

India’s Economic Triumph India is poised to become the world’s third-largest economy by 2027-28, with a projected GDP exceeding $5 trillion. Rapid growth, innovation, and strategic economic reforms are driving this milestone. India’s resilience, demonstrated during its G20 leadership, establishes it as a global stabilizing influence. India’s Current Global Economic Standing: India is presently the […]

Transformative Trends of 2024 in Accounting and Finance Upskilling in India

The landscape of accounting and finance is undergoing a transformative shift, driven by the forces of digitalization, and artificial intelligence. As these technologies redefine traditional financial tasks, professionals in India find themselves at a critical juncture where upskilling is no longer just beneficial but imperative for staying ahead. In this dynamic era, embracing innovations becomes […]