Many of us have been wishing for enhancing our knowledge in this new law. At present we only have the Model law. Some of us are waiting for the final Act & Rules to start. In the last couple of weeks in various awareness seminars a common question has been how does one start in this area and more towards being a knowledgeable professional.
Some of us may have some exposure to VAT or Service Tax for whom there may be a need to unlearn a few concepts. Some provisions have been picked...
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AS number |
Name of the standard |
Examples, Links to SA and links to other AS |
AS 5 |
Net profit or loss and prior period items |
This standard requires:
|
We as professionals sometimes wonder why we are not reaching our goals in profession and life. This is inspite of putting in hard work and wanting to do all activities well. This is especially true in growing in career or in practice.
We find that: long term goals are lost in day to day execution; our priortisation is blind/ misplaced, we are stagnating, some of us are getting burnt out with long hours and anxiety.
One possible solution is that we may not be differentiating...
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