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In India the concept of corporate governance is gaining importance because of two reasons. A) After liberalization, there has been institutionalization of financial markets, FIIs, FIs and mutual funds become dominant players in the stock markets. The market began to discriminate between wealth destroyers. Corporate governance is a critical byproduct of market discipline. B) Another factor is the increased role being played by the private sector. Companies are realizing that shareholders love to stay with those corporate that create values for their shareholders. This is only possible by adopting fair, honest and transparent corporate practices. Please be free to comment, update or ...
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Priyanka C Kale
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| 2 years ago
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Corporate collapses is also one of the reason which led to a call for the improvement in the corporte governance. Director's liability (executive and non-executive) is given more importance.Because directors failure to comply with their duties has...
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Trends: "Corporate Governance in India" deleted from your view.
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rotate the auditors in regular intervals
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Proper segregation of duties in the accounting/finance system
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Mohan lal sharma
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"STRONG INTERNAL AUDIT"
| 2 years ago
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THE COMPANIES ARE PROTECT THE ACCOUNTING FRAUDS USE THE FOLLOWING POINTS (A) I THANK , COMPANIES ARE APOINT INTERNAL AUDITORS, BUT CHANGES IN AUDITORS AFTER 6 MONTH OR LAST 1YEAR, THE AUDITORS TRANSFER TO OTHER DEPARTMENT EVERY YEAR (B) COMPANIES...
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Avinash Singhal
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| 3 years ago
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Fraud ??? hmmm...I think the management should conduct regular and thorough internal audits to ensure that the information they are going to provide to the outside auditors should contain all necessary information. Regular check on the audit will...
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Ideate: "How to protect Companies against accounting frauds ?" deleted from your view.
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In the interest of justice and research & development....
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society useful
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Santosh Dwivedi
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"In the interest of justice and research & development...."
| 3 years ago
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Every invention need to flourish in the interest of society. So, every invention need to be protected. Needless to say in which hands it will have the right shelter... of course, the bona fide inventor. By patenting an invention for a certain...
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Avinash Singhal
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| 3 years ago
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Even if the invention is there before, for example a drug molecule which is there in the market with a patent, the same drug which is manufactured in different and new inventive steps can get it patented, that's why there is always some or other fight...
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Ideate: "Main criteria for securing patents and why??" deleted from your view.
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Except for fighting court cases in New York or London for law firms there, Indian lawyers are doing everything else for their western counterparts - litigation support, contract review, patent writing and para legal services. Legal Process Outsourcing covers the following services in general: Legal Research Document Drafting like standard contracts, agreements, letters to the clients, patent applications etc. Legal Billing activities like preparation of invoices, collation of time sheets etc. Intellectual Property research--substantive and administrative Paralegal Services Administrative and secretarial activities like following up with clients, etc. Whatever you are doing, the first thing ...
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Ashish Kumar
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| 1 year ago
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Informative post. No doubt that today document review forms the bulk of legal work being outsourced to India. However, the demand for high end services like drafting briefs, research memorandums, etc., is also picking up. http://www.sddglobal.com
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Insight: "Legal Process Outsourcing: The First Step" deleted from your view.
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The Executive Directors describe a public company audit as an integrated activity consisting of an audit of the financial statements and of internal controls. This means the auditor must perform procedures to obtain sufficient evidence to express an opinion on both. In auditing internal controls, the auditor offers an opinion as to whether the entity maintained, in all material respects, effective internal control over financial reporting as of a point in time based on “control criteria.” Control criteria. The generally accepted definition of this term, as outlined in Internal Control-Integrated Framework , issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO...
Insight: "Auditing and SOX" deleted from your view.
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Venkatesh Balakumar
| Answered
| 3 years ago
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let me tell you something, Whatever ..PO it is, its very difficult to penetrate the UK market. Specially in case of Legal and Government sectors. I see advertisements here telling "We run call center inside UK only" to get confidence of their...
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Answer: "What infrastructure does a new LPO firm require, if they have want to tackle UK clients. " deleted from your view.
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sachin
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| 3 years ago
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Could Romania be the next India for IT talent? Business-technology leaders in the former eastern European country hope so. A delegation of business and technology executives from 26 Romanian companies recently exhibited at an outsourcing expo in...
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Answer: "How many companies in India have an Ethics and Compliance Officer or an Ethics & Compliance Department (a requirement as..." deleted from your view.
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Avinash Singhal
| Answered
| 3 years ago
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Business owners typically cannot file for unemployment benefits when they close their companies. This is because unemployment benefits are a form of insurance paid for by employers on behalf of their employees. The employers pay unemployment...
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Answer: "If an entrepreneur closes his business and starts looking for job is he entitled to unemployment benefits?" deleted from your view.




