about us
June 20, 2022

Risk Consulting

Risk Consulting – Why does any firm require risk consulting? By assisting in the decrease of certain risks, a risk specialist may be able to assist companies in being more appealing investment opportunities. Risk management advisory services can also help

Continue Reading
May 24, 2022

The Payment of Gratuity Act 1972

Gratuity Act 1972 – It is a genre of various statutes, such as the Minimum Wage Act, Employment and Social Policy, and so on, that is an extension of labor laws and establishes the minimum benefits to be provided to

Continue Reading
May 17, 2022

GAAP And Its Fundamental Principles

GAAP And Its Fundamental Principles‚Äč GAAP, or generally accepted accounting principles, are standards that cover the particulars, intricacies, and legal aspects of business and corporate accounting. Also The Financial Accounting Standards Board (FASB) bases its complete overview of approved accounting

Continue Reading
May 17, 2022

The ESOP Structure

The ESOP Structure Shareholder Approval: The Structuring Of ESOP. Company’s shareholders must approve the concern of an Employee Stock Ownership Scheme. Employees who may be granted ESOPs: The following “Employees” may be granted ESOPs: A company permanent employee who has

Continue Reading
May 17, 2022

GAAP (Generally Accepted Accounting Principles)

GAAP (Generally Accepted Accounting Principles) (Generally Accepted Accounting Principles) Financial statements are essential for managing the health of your business, regardless of its size or type. From disclosures to balance sheets, as a business owner, you must take a held-to-account

Continue Reading
May 17, 2022

ESOP (Employee Stock Ownership Plan)

ESOP (Employee Stock Ownership Plan)  I. Compensation At Fair Market Value (FMV) for Sellers FMV is defined by the Internal Revenue Service as the premium a company will indeed sell for on the marketplace. “It is the price agreed upon between

Continue Reading
May 14, 2022

Gratuity Accounting Standard 15

Gratuity Accounting Standard 15 GRATUITY is a type of employee benefit plan known as a Defined Benefits Obligation (DBO) Plan. Since The term ‘gratuity’ is derived from the word gratitude, and it refers to a thank you expressed by the

Continue Reading
May 14, 2022

AS15 R (Accounting Standard 15 Revised)

AS15 R (Accounting Standard 15 Revised) AS15 R (i) short-term employee benefits such as wages; (ii) post-employment benefits such as gratuity; (iii) other long-term employee benefits such as sabbatical leave; and (iv) termination benefits. AS 15 was issued by ICAI

Continue Reading
Gratuity Provision
May 5, 2022

Gratuity Provision an its Needs

What is Gratuity? When you work with dedication for a long period for an organization, you want your organization to repay you in some form. Gratuity is one method by which corporations recognize and reward the work and dedication of

Continue Reading
May 5, 2022

Gratuity Valuation

What is Gratuity Valuation? If you have (or have ever had) 10 or more employees, the quick answer is “Yes,” you must pay your employees gratuity. The Payment of Gratuity Act, of 1972, applies to “any factory, mine, oilfield, plantation,

Continue Reading

Recent Comments

No comments to show.