Tag Archives | Companies

Audit of Limited Companies | Auditing

Some of the frequently asked exam questions on audit of limited companies are as follows:  Q.1. Indicate the Important points to be considered if you are appointed: (a) As the First Auditor, (b) as the Auditor in place of the Retiring Auditor, and (c) as the Auditor through an order of the Government. Ans. (a) […]

Global Sourcing Funds for Indian Companies | Finance | Accounting

In this article we will discuss about the global sourcing funds for Indian companies. FIIs have participated in the equity of Indian companies. Foreign Investment through ADRs/GDRs, Foreign Currency Convertible Bonds (FCCBs) is treated as Foreign Direct Investment. Indian companies are allowed to raise equity capital in the international market through the issue of GDR/ADRs/FCCBs. […]

Case Analysis of Wipro Limited | India | Accounting

The below mentioned article provides a case analysis of Wipro limited. Audited Segment Wise Business Performance for the Three Months Period Ended December 31, 2003. Note to segment report: 1. The segment report of Wipro Limited and its consolidated subsidiaries and associates has been prepared in accordance with the Accounting Standard 17 “Segment Reporting” issued […]

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