Adjusted Gross Revenue (AGR) is the usage and licensing fee that telecom operators are charged by the Department of Telecommunications (DoT). It is divided into spectrum usage charges and licensing fees, pegged between 3-5 percent and 8 percent respectively. Summary of Supreme court judgements: 2005: Cellular Operators Association of India move the Telecom Disputes Settlement …
NPV assumes that the cash flows come in equal time intervals. XNPV assumes that the cash flows don’t come in equal time intervals. Favorite
Q If the project’s initial investment is of 100 crores and NPV of the same is ₹10 lakhs, will you go for the project or not? Suppose I am getting 6% bank interest if I keep the amount in FD. Should I still accept the project or not? A. The answer will be yes, because …
Commercial bank: accepts deposits from customers (retail depositors, commercial depositors etc. and makes consumer and commercial loans using these deposits. It may also offer anciliary services like credit cards Investment bank: acts as an intermediary between companies and investors. Does not accept deposits, but rather sells investments, advises on M&A, etc. Loans and debt/equity issues …
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Section 18 (3) of the CGST Act as well as rule 41 of the CGST Rules stipulates that in case of change of constitution of a registered taxable person on account of sale, merger, demerger, amalgamation, lease or transfer of business, the registered person would be allowed to transfer the unutilized input tax credit to …
GST law wrt M&A, Demergers, effect of ITC on such case. Read More »
I would advice the client for settlement or litigation based on what the matter is about. Does it really amount to non-compliance? Are there interpretation issues involved? I would refer other case laws with similar matter. I will see the materiality of the amount and case. I will look at the cost of litigation. There …
How would you advise the client on whether to go in for Litigation or settle the matter? Read More »
Application for Refund by Unregistered Persons CBIC has prescribed the manner of filing of application for refund by unregistered persons, i.e., manner in which an unregistered person, who has suffered the burden of GST, but the contract has been cancelled later (e.g. Construction contract or long-term Insurance policy, where the supplier is bound by the …
Being a new law, the scope for professional advice as well as litigation is vast. There are lot of avenues for tax planning under GST – which will involve the advisory function. There are several unresolved interpretation issues – this will involve the litigation function Favorite
If there is no barrier on transportation of goods from one place to another tax will be easily evaded, so for blocking this E-way bill was introduced. Whenever goods moved from one place to another E– Way bill will be generated, it is a proof that tax will be paid on such goods. No one …
Submit application within 6 months of communication of order or decision in GST APL-03 along with relevant documents as follows:- 1. Grounds of Appeal 2. Form of verification 3. Certified copy of demand order or decision. (Within 7 days of filing of appeal) The person making an appeal before tribunal should pre-deposit full amount of …
How to file appeal before GST appellate tribunal and what is the pre deposit amount? Read More »
Yes, a manufacturer of goods can avail composition scheme provided he is not a manufacturer of goods notified by Govt. If a person opts for the composition scheme in violation of the conditions he shall be liable for a penalty equivalent to the amount of tax payable. Favorite
Section 122- Penalty for certain offences under the GST Act. Section 122. (1) Where a taxable person who––This section declares the offences that attract penalty as a consequence, apart from the requirement to pay the tax and applicable interest In other words, the first sub-section (1) prescribes 21 types of offences, any one of which, if committed, can …
No. The input tax credit of input services shall be distributed only amongst those registered persons who have used the input services in the course or furtherance of business Favorite
If return is not filed within the prescribed date, as per section 234A, a person is required to pay interest at the rate of 1% per month, or part of a month, on the unpaid tax amount. Person is also required to pay penalty. Favorite
An Input Service Distributor (ISD) is a taxpayer that receives invoices for services used by its branches. It distributes the tax paid known as the Input Tax Credit (ITC), to such branches on a proportional basis by issuing ISD invoices. No. Excess credit distributed can be recovered along with interest only from the recipient and …
Where there is a change in the constitution of a registered person on account of sale, merger, demerger, amalgamation, lease or transfer of the business with the specific provisions for transfer of liabilities, the said registered person shall be allowed to transfer the input tax credit which remains unutilized in his electronic credit ledger to …
Section 18 of CGST 2017 provides for availability of credit in special circumstances. Section 18(1): Subject to such conditions and restrictions as may be prescribed— a) a person who has applied for registration under this Act within thirty days from the date on which he becomes liable to registration and has been granted such registration …
Different types of refund includes refund due to zero rated supply, inverted duty structure, balance in E-cash ledger, tax wrongly collected and paid, to UN Bodies, to Tourist, Deemed Export. No, generally refund is not avaiable on capital goods. But in case of zero rated supplies with payment of output tax, refund can be availed …
What are the types of Refund? Is refund available on Capital goods? Read More »
Rule 42 of Central Goods and Services Tax (CGST) Rules, 2017 relates to Manner of determination of input tax credit in respect of inputs or input services and reversal thereof. Rule 36 (4) provides a restriction to claim input tax credit. The taxpayer can claim input tax credit on the invoice which are appearing in …
Documents required at the time of refund filing: In case of Export of Goods • Print out of GSTR RFD-01A& ARN. • GSTR-3B/ GSTR-3/GSTR 1 of particular month • Undertaking as per para 2.0 of circular 24/2017 • Undertaking of no prosecution as per Rule 91 (1). • Statement 3 (Rule 89 (2) (b) & …
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Show cause notice is a formal communication to a person, asking to explain his side for the issue mentioned in the notice. It is generally issued in case of a breach or misconduct at the part of the recipient. The deficiency memo is issued in Form GST RFD-03 instructing the applicant to rectify the deficiency …
With LUT, an exporter can export goods or services without paying the taxes. This prevents a blockage of working capital. So LUT is advisable. But this is only if it does not have a significant amount of capital inputs. In that case, without LUT is better Refund of Capital Goods is not available under Rule …
Whether it is advisable to file LUT for Zero rated supplies or pay tax on it? Read More »
Wherein the rate of tax on procurements / inward supplies is higher than the rate of tax paid on outward supplies such case fall under inverted duty structure. A registered person can claim the refund of unutilized Input tax credit on account of IDS at the end of a tax period where credit has accumulated …
Any business entity located in the taxable territory is liable to pay RCM in case of Govt Services. Exceptions to this are – a) renting of immovable property; b) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central …
Discuss about the RCM applicability in case of Govt Services. Read More »
Schedule I deals with certain activities which are treated as supply even if made without consideration. Schedule II deals with activities or transaction to be treated as supply of goods or services. Schedule III deals transactions not to be treated as supply Favorite
If the supply of goods happens within the same state, CGST and SGST will be applied by the supplier. Similarly, if the supply happens between two different states, the supplier charges IGST. More formally, if the state of “place of supply” is same as state of “location of supplier”, CGST and SGST (or UTGST), if …
Deemed Distinct persons (DDP) are persons with different GSTINs belong to one legal entity (single PAN) situated within the same State or in two different States. Different GSTIN is mandatory for different states but optional for different business lines within same state. GST is applicable for supply between DDP. Transfer Pricing is also applicable Favorite
With the scrapping of GST Audit, the professionals will have less work in GST. This will increase the frequency of audits and scrutiny by GST authorities since the middle layer of checks through independent audit by professionals has been removed. Litigations may increase since businesses will take any favourable or twisted interpretation of law that …
What is the impact of scrapping of GST audit on professionals & litigations in future? Read More »
Time of supply decides when the supplier or recipient is liable to pay GST for goods or services or both. The time for issuing an invoice would depend on the nature of supply viz. whether it is a supply of goods or services. A registered person supplying taxable goods shall, before or at the time …
What is the relevance of time of supply and last dates to issue invoices? Read More »
As per Section 16 of Integrated Goods and Service Tax Act, zero-rated supplies mean: – Export of goods or services or both; or Supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit. For example, export of mobile phones to Australia. Supply of goods or services …
Place of supply of goods under GST defines whether the transaction will be counted as intrastate or interstate, and accordingly, levy of SGST, CGST & IGST will be determined. The state where they are consumed will have the right to collect GST – the place of supply state gets the revenue. In case of SGST, …
GSTR-2B is a new static month-wise auto-drafted statement which is generated for every normal tax payer on the basis of information furnished by his supplier in the respective GSTR. Form GSTR 2A is a purchase-related dynamic tax return that is automatically generated for each business by the GST portal. The information is captured in GSTR …
GSTR 01 – 11th of the next month, GSTR 3B/5/5A – 20th of the next month, GSTR4 – 30th April of next F.Y., GSTR9/9A & 9C- 31st Dec. of the next F.Y. Favorite
Article 246A of the Constitution, which was introduced by the Constitution (101st Amendment) Act, 2016 confers concurrent powers to both, Parliament and State Legislatures to make laws with respect to GST i. e. central tax (CGST) and state tax (SGST) or union territory tax (UTGST). Favorite
No, RCM is applicable on goods too and not just on services. The reason for having Reverse Charge Mechanism is that – it was observed that many unorganised sector suppliers are either unregistered or very small business entities facing tax compliance issues and were unable to pay taxes intentionally or unintentionally. In such scenarios government …
Is RCM applicable only on Services? Why there is a mechanism of RCM? Read More »
If a taxable person transfers his business, either wholly or partly, to another, then the taxable person (transferor) and the person to whom the business is transferred (transferee) will be liable, jointly and severally, wholly or to the extent of such transfer, to pay the GST due. If a registered taxpayer transfers his business he …
Section 17(5) of CGST Act refers to a specific provision under GST covering blocked credits or ineligible ITC. The taxpayer cannot claim ITC while paying output tax when they make purchases listed in this provision. You cannot claim ITC on vehicles purchased for passenger transportation such as- Four-wheeler motor cars or Three-wheelers or auto rickshaws …
The GST Registration process is a simple 2-stage process. The registration form comprises 2 parts – A and B. Part A of the GST registration form includes basic information of the applicant and helps generate Temporary Reference Number (TRN), which is valid for 15 days. This TRN can be then used to fill out Part …
As per the latest notification, Zomato, Swiggy, etc. shall be responsible for charging, collecting, and paying GST at the rate of five percent on supply of “restaurant services” made by such restaurant through the e-commerce platform. The CBIC (Central Board of Indirect Taxes and Customs) has reduced the turnover limit for mandatory issuance of e-invoice …
Latest amendments in GST relating to E-commerce operator, E-invoices, ITC rulings. Read More »
The Punjab Authority of Advance Ruling (AAR) has held that the GST is not payable on notice pay recovered from outgoing employees. The CBIC issued a circular dated August 3, 2022, clarifying that the charges paid by an employee when he or she leaves without serving the mandatory notice is not taxable. A few crucial …
What do you know about the GST applicability on notice period recovery? Read More »
Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future. At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey …
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours , we have plenty of options that help our people to thrive. This role is based in India and as such all normal working days must be carried out in India. Join us as a Financial Control Analyst Take …
Job Description As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our …
Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people …
JOB TITLE : CA / Insolvency professional LOCATION : New Delhi Job Description Ensuring Regulatory Compliance under insolvency code and regulations. Provide support services to Insolvency Professionals. Due diligence of the Resolution Applicant. Resolution plan preparation while ensuring the compliance of the applicable laws to the target entity. Minutes preparation and coordination with the creditors. …
Ace Talent Consulting India – Insolvency Professional Read More »
Who we are and What we do? Quicko is an online tax planning, preparation and a filing platform for individuals and businesses in India. We are a team of designers, programmers, content writers, digital marketers & accountants on a mission to simplify taxes for all. We’ve made it easier than ever to stay on top …
About the Company: Accelalpha is a rapidly growing consultancy delivering Oracle Cloud Solutions to global clients. Despite the challenges faced over the last few years, Accelalpha continued to grow rapidly providing stability for our employees and customers. Accelalpha is proudly Certified as a Great Place to Work and a Fortune 100 best workplace and prides …
Chartered Accountant (US Accounting & Taxation) We are looking for CA/ Inter CA. In this role you will be responsible for day-to-day accounting, good excel knowledge, bookkeeping activities, reconciling account balances and bank statements, maintaining a general ledger and preparing month-end close procedures. Qualified Chartered Accountant, Certified Public Accountant (US), or other qualified professionals in …
PMH and Associates LLP is an Independent Network firm of Kudos International. We are looking for Chartered Accounts with 0-3 years of experience in the assurance and tax divisions to join our dynamic team. About the company We are a team of highly committed Chartered Accountants, and associated professionals including Company Secretary, Lawyers, and Cost …
Position Overview This Financial Accountant coordinates and maintains the Financial record keeping of various entities in the global Newland Chase / CIBT ownership structure, and is responsible for all aspects of accounting to ensure that all financial requirements of the Company are being met. This person will work with Internal stakeholders – HR, IT, Operations …
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in …
JP Morgan Chase & Co. – Risk – Corporate Sector – Market Risk Controllers – Analyst Read More »
Location – Delhi (Hybrid) Years of experience: 2-5 years Salary : 8- 15L Xeno is an AI-driven CRM company for large D2C brands and retailers. We have some of the biggest brands in our portfolio like Tommy Hilfiger, CK, Jack & Jones, Levis, Taco Bell, Barbeque Nation etc. Xeno enables large D2C brands & omni …
Roles & Responsibilities – Working closely with corporate finance, strategy, business development and M&A team of the client and supporting consulting and corporate clients on various projects independently. Expected to have good knowledge of financial statement Income Statement, Balance Sheet, Cash Flow etc. Good working knowledge of financial models – Operating model, cash flow model, …
AAcuity Knowledge Partners – Financial Modelling Read More »
29710BR Role Responsibilities The Role The Financial Analyst role has the responsibility of providing support across Moody’s Corporation to provide Finance stakeholder support on expense management along with cost accounting. The FA is responsible for conducting and processing large amounts of financial data on a regular basis. The FA performs quality reviews to identify financial …
Mumbai based private sector bank looking for CA/NIBM passed candidate having banking experience for liability/product/control function audit. Location – Mumbai Please forward CV to caashishpandya@gmail.com Favorite
At HDFC, We are looking to hire fresher CAs/MBAs from top premier colleges to join our team of Corporate Bankers at Hyderabad. Corporate Banking Group covers large Local Corporates and Large Global Multinationals across Fotune 500 list of Companies. Candidate will get on ground exposure of dealing in Corporate & Project Finance, Debt & Capital …
There is an opening for CA Fresher in Bandhan Bank Kolkata Location. Anyone interested can share there Resume on below given Mail. srishtijaiswal@nmdcon.com Favorite
616441BR Introduction At IBM, work is more than a job – it’s a calling: As a Risk & Compliance Analyst, you’ll be part of a global team of financial specialists working on a KYC or AML process providing services to global banks. Your Role and Responsibilities As Analyst Risk & Compliance, you will be responsible …
Job Responsibilities Knowledge around execution of Hedge Fund & Private Equity operations, which includes client documentation review, transaction processing, corporate actions notification & tracking, trade reconciliation, investigation of inquiries and provides support to front office and client-facing stakeholders. Responsible for reconciliation of internal client Fund Accounting data to external/ internal Custodians, Prime Brokers, Transfer Agents …
JP Morgan Chase & Co. – Private Equity And Hedge funds Read More »
Network Management is a global function within Digital & Platform Services (DPS) of the Corporate & Investment Bank (CIB) responsible for managing J.P. Morgan’s network of Agent Banks and Financial Market Infrastructures (FMI) to meet the firm’s requirements for oversight of cash and securities services for principal and client activities in over 100 markets. The …
About Northern Trust Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and …
Northern Trust Corpration – Credit and Counterparty Risk Analyst Read More »
The Innovation, Risk Management, and Business Transformation team is seeking an experienced, talented team member to analyze accounts payable transactions to identify potential risk and/or red flags using established policies and/or requirements. The ideal candidate has strong analytical skills and reporting or data analysis skills. The candidate also has strong communication skills, both verbally and …
JP Morgan Chase & Co. – GSS – Payment Operations – Transaction Risk Scoring Analyst Read More »
Job Id: 21339297 Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the …
Job Id: 22552154 The Finance Reporting Analyst 2 is an intermediate level position responsible for the generation, tracking and submission of financial reports in coordination with the Finance Team. The overall objective of this role is to accurately prepare and report business/financial transactions, reports and statements in accordance with local regulatory guidelines. Responsibilities: Support the …
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in …
JP Morgan Chase & Co. – Risk – Corporate Sector – Market Risk Controllers – Analyst Read More »
The Global Finance & Business Management (GF&BM) function within JPMorgan Chase & Co. is a dynamic organization that plays a critical role, particularly as regulatory and capital requirements continue to impact the way we do business. If you like analyzing results and using data to drive decisions, then we have a role for you. Our …
JP Morgan Chase & Co. – The Global Finance & Business Management Read More »
Hiring Chartered Accountants Nov 2022 Batch Faster, better, and stronger finance functions significantly contribute to organization-wide agility, results and effectiveness. Finance has been in the midst of a digital revolution coupled with new-age operating models and capabilities. These value levers have increasingly led to bigger and more sustained outcomes from Finance Transformation. We believe these …
Aditya Birla Fashion and Retail Hiring! Don’t miss this opportunity to advance your career. If you think you are the perfect fit, scan the QR code and apply. #ABFRL #BestBrandsBestPeople #Retail #Business #Fashion #CAhiring #FinanceCareers #CharteredAccountant #Opportunity #Hiring #Career Link: https://lnkd.in/d63w_2UD Favorite
Description About this role Overview of Responsibilities We are actively searching for an Analyst for our Global Revenue team. The candidate will be responsible for performing selected day-to-day responsibilities of the group at BlackRock. Responsibilities include closing of books, billing and reconciliation of certain accounts. The ideal candidate will be detail oriented, highly analytical and …
Required – CA freshers for the position of Management Trainee. Company – Emerson Automation Solutions Location – Wakdewadi ,Pune Salary – As per industry standards If interested please share CV on 7020588351 Favorite
Job Description As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our …
Summary Of Responsibilities Provide independent valuation services to internal and external clients across a wide array of OTC derivative products including rates, credit, equity, FX, inflation, commodity, and volatility / variance swaps Produce and analyze valuations on OTC derivatives within client portfolios on a daily basis. This will also involve comparing and analyzing OTC valuations …
JP Morgan Chase & Co. – CIB_Fund Servicing Analyst _Team Leader Read More »
With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it! We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power …
Hiring Chartered Accountants Nov 2022 Batch Faster, better, and stronger finance functions significantly contribute to organization-wide agility, results and effectiveness. Finance has been in the midst of a digital revolution coupled with new-age operating models and capabilities. These value levers have increasingly led to bigger and more sustained outcomes from Finance Transformation. We believe these …
Grant Thornton Bharat LLP is hiring for various posts on PAN India level Areas-Statutory Audit, Internal Audit, Direct tax, Indirect tax, Transfer pricing and Forensic Audit Profile- Consultant Experience – Fresher or experience Opening – Approx 200 Location – PAN India Qualification – CA Interested candidates can share their CVs at my email id – …
Infosys is hiring CAs for Finance profile. Job opening : Associate Finance, Senior Associate Finance, Associate Manager, Manager Educational qualification : Qualified CA Shortlisting criteria : Max 2 attempts Experience : 0 – 8 yrs Job location : Bangalore Interested candidates can share their resume at cacarolmenezes9@gmail.com with the below details- Full name Email ID …
Social media refers to online platforms that enable users to create and share content or participate in social networking. Since its inception, social media has seen a rapid increase in user adoption and has become an integral part of daily life for many individuals. With billions of active users, social media has the power to …
Some common topics for group discussions include: 1. Current events: Discussing current events allows for the examination of various perspectives and opinions on a given issue. 2. Social issues: Topics such as inequality, discrimination, and environmental sustainability can generate thoughtful and meaningful discussions. 3. Ethics and values: Group discussions on ethical and moral dilemmas can …
Artificial Intelligence (AI) has been making waves in various industries, from healthcare to finance, and beyond. While AI holds great promise for improving many aspects of our lives, it is not without its own set of benefits and problems. Also know about ChatGPT – A state-of-the-art, open-source, conversational AI model developed by OpenAI. It is …
The gig economy can be described as a system where on one hand, there is a service seeker, i.e. a customer with a demand for a specific task, and a service provider, i.e. a gig worker, on the other hand, who can perform that particular task. Tech-enabled platforms in this economy connect customers to the …
Most will speak against this topic explaining why population explosion is bad. You can take the view in favour of population. Population growth has been a topic of concern and debate for many decades. The world’s population has been growing rapidly and currently stands at over 7.8 billion people. While some view population growth as …
This is a topic on which most people will speak in favour. By giving good rational points against Cashless Society, you can differentiate yourself. 1. Digital Divide: Access to technology and the internet is not evenly distributed, and not everyone may have the ability to participate in a cashless society. This can lead to financial …
Pros: 1. Flexibility: Work from home allows for a more flexible schedule and can help individuals better balance their work and personal life. 2. Increased Productivity: Some individuals may be more productive working from home, as they are free from distractions and can create a personalized work environment. 3. Reduced Commuting Time: Work from home …
You will need to know the budget in much more detail than others. You will be asked for insights and logic, not just the provisions Personal Tax Maximum surcharge rate reduced from 37% to 25% in case of taxpayer having taxable income exceeding INR 5Cr (maximum marginal rate reducing from 42.744% to 39%) New Scheme …
This is a topic on which most people will speak in favour. By giving good rational points against EVs, you can differentiate yourself. 1. Limited Range: EVs have a limited range compared to traditional vehicles, which can make long-distance travel more difficult. 2. Charging Infrastructure: The lack of charging infrastructure in some areas can make …
L&T Finance, L&T Infra Credit sell to Rs 1,827 Cr loan to Arcil Mumbai: L&T Finance and subsidiary L&T Infra Credit jointly sold ₹1,827.5 crore of distressed loans to Avenue Capital-backed Asset Reconstruction Company of India (Arcil) this week, two people aware of the development said. The asset reconstruction company offered ₹1,092.5 crore for the …
In theory, the risk-free rate is the minimum return an investor expects for “delaying his consumption”. The investor will not accept any additional risk unless the potential rate of return is greater than the risk-free rate. Usually the government bond rate is used as the Risk free Rate. This raises several questions – which government, …
What is risk free rate? How will you calculate it for Afghanistan? Read More »
RETURN ON INVESTMENT ROI compares the profits of an investment compared to the cost of the investment to determine gains. RETURN ON CAPITAL EMPLOYED ROCE looks at earnings before interest and taxes (EBIT) compared to capital employed to determine how efficiently a firm uses capital to generate earnings. RETURN ON EQUITY Return on equity (ROE) …
What is the difference between ROI vs ROE vs ROCE. Read More »
Audit risk means the risk that the auditor might give an inappropriate audit opinion that Financial Statements are free from material misstatements when in fact the financial statements are materially misstated. Audit risk is a function of the risks of material misstatement and detection risk. Risk of material misstatement may be defined as the risk …
Q. We are setting up a factory of scooters, the scooters in this factory are sold for ₹1 lakh. A Maintenance Contract for five years is also given for ₹50,000. If the maintenance is paid at the time of purchase of scooters, a sum total of ₹120,000 is charged from the customer. How to recognize …
It means that the company has acquired other entities for a consideration higher than Fair Market Value of Net Assets. Goodwill does not measure synergy, it measures how much I overpaid. So I will have to go into the specifics to know whether my Goodwill is justified. Goodwill ends up being impaired very frequently so …
This is one of the most commonly asked questions of all time, and irrespective of domain. It is as important as the “Tell me something about yourself question”. You must use all technical terms prescribed here and answer in the correct order 1. Identify the contract with the customer- • A contract is an agreement …
What is the 5 step model of recognizing Revenue as per IND AS 115? Read More »
Goodwill arises when a company acquires another entire business. The amount of goodwill is the purchase consideration of the business minus the fair market value of the net assets that can be identified, and the liabilities obtained in the purchase. Goodwill does not mean any of the following – company’s brand name, solid customer base, …
Suppose you see goodwill in the balance sheet. What does it mean? Read More »
About Northern Trust Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and …
About The Employer JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers …
About The Employer JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers …
With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. Now, we’re calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us. Are you the one …
Job Description The candidate will be a member of the Card Finance team within Consumer and Community Banking (CCB) business supporting various product groups and finance functions. The Card Finance team provides strategic guidance to credit card business units using customer level analytics. The Card Finance team is seeking a highly motivated analytical thinker with …
613710BR Introduction At IBM, work is more than a job – it’s a calling: As a Risk & Compliance Analyst, you’ll be part of a global team of financial specialists working on a KYC or AML process providing services to global banks. Your Role and Responsibilities As Analyst Risk & Compliance, you will be responsible …
The Global Finance & Business Management (GF&BM) function within JPMorgan Chase & Co. is a dynamic organization that plays a critical role, particularly as regulatory and capital requirements continue to impact the way we do business. If you like analyzing results and using data to drive decisions, then we have a role for you. Our …
JP Morgan Chase & Co. – Global Finance & Business Management Read More »
