Notes and Study material for Exams
Social Audit: A Powerful Tool for Transparency, Accountability, and Sustainable Development Introduction In an era marked by increasing globalization and interconnectedness, the need for transparency and accountability has become paramount. Businesses, governments, and non-profit organizations are increasingly being held responsible for their actions and their impact on society and the environment. This demand for transparency … Read more
BPO (Business Process Outsourcing) Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors. Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of Services, as well. Many businesses, from small startups … Read more
What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Read moreGoods and Services Tax — GST
INFORMATION TECHNOLOGY LAW INCLUDING CYBER LAWS (CONCEPTS, PURPOSE, PROSPECTS) In India, cyber laws are contained in the Information Technology Act, 2000 (“IT Act”) which came into force on October 17, 2000. The main purpose of the Act is to provide legal recognition to electronic commerce and to facilitate filing of electronic records with the Government. … Read more
The Securities and Exchange Board of India: A Guardian of the Indian Capital Market The Indian capital market, a vibrant ecosystem of investors, companies, and financial institutions, plays a crucial role in driving economic growth and development. Ensuring the integrity and efficiency of this market is paramount, and this is where the Securities and Exchange … Read more
An internal control is a procedure or policy put in place by management to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behaviour. In other words, an internal control is a process put in place to prevent employees from stealing assets or committing fraud. An internal control is a business practice, policy or … Read more
Law And Rule related Administration Administrative Law Administrative law is the body of law created by the agencies and departments of the government, which carry out the laws passed by Center or a State Legislature. When Center passes a law on a complicated issue, Center often needs help determining all of the details of … Read more
Corporate governance Need of corporate governance Over the last two decades, corporate governance has attracted a great deal of public interest because of its apparent importance for the economic Health of corporations and Society in general. The headlines of the previous two years in particular portrayed a sad story of corporate ethics (or … Read more
The Imperative of Transparency in Modern Governance and Business The 21st century has witnessed a dramatic shift in the global landscape, driven by technological advancements, interconnectedness, and a growing demand for accountability. In this context, transparency has emerged as a cornerstone of good governance and responsible business practices. This article delves into the multifaceted imperative … Read more
AUDITING Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination … Read more