Knowledge Base

Reasons for Outsourcing

In today's world of increased automation, a growing scarcity of highly skilled employees has necessitated businesses to explore new processes to outsource. One of the most needed outsourcing servi

Read More


Rebooting Economy Post Lockdown – Advantage India

By CMA Amit Apte

The outbreak of COVID-19 pandemic is having a profound impact on all nations of the world. What started in China as a trickle has now cascaded

Read More


The Rise of Pune

In India, industrialization started when the country gained freedom in 1947. The first cities that became industry or business oriented were Mumbai, Kolkata, followed by Ahmedabad and Chennai. Pune

Read More


Cost Accounting Systems

As per standard definitions, ‘cost’ means the amount of expenditure (which can be either actual or notional) incurred on, or attributable to a given thing.  In real life however, costing i

Read More


Emerging issues in Sustainability & Role of Cost Management Accountants

The focus on sustainability has emerged as a result of significant concerns about the unintended social, environmental, and economic consequences of rapid population growth, economic growth and con

Read More


Introduction to GST

Governments need money to provide infrastructure to the nation, for defence and to fulfil the basic needs of people. Governments can only spend money they get from people. It collects this money i

Read More


Direct and Indirect Taxes

The history of taxation dates back to ancient times. India, China, Egypt and other old civilizations have been imposing taxes in one form of the other since ages. Governments today impose taxes so

Read More