OPINION
ACCOUNTING STANDARDS
A rush of new standards
THE International Audit and Assurance Standards Board (IAASB) released six important new standards recently. The Auditing Practices Board (APB) believes that these represent a significant strengthening of auditing ...
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OUTSOURCING
BPO: Beyond information technology
THE slowdown in the global economy has led to many Western companies concentrating on their core business and outsourcing support activities. Outsourcing is not entirely new to India. It had its origin in the pre-Y2K ...
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BPO fallout: Youth shelving books for bucks
The lure of big bucks offered by the BPO industry has seen a large number of students dropping out of colleges and opting for jobs instead. But this trend could snowball into something ugly 10-15 years down the line.
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EDITORIAL
Air turbulence
OVER THE PAST two seasons, the Open Skies Policy has allowed many international airlines to expand services into India and help swell the flow of tourists. The 20 per cent increase in tourist arrivals in January and February this year over that a ...
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ECONOMY
Right firepower for economy
Democracy, political ownership of the economy and institutional professionalism constitute the Indian economy's firepower. Debunking as they do certain principal assumptions and ideologies, they inspire confidence and deserve to be nurtured and rein forced, says G. Ramachandran.
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ACCOUNTANCY
An advisable alternative
Mohan R. Lavi on a recent decision that comes as a shot in the arm for arbitrators
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Debit ignorance and credit knowledge
`WHAT'S new' at the www.icai.org includes a continuing professional education (CPE) calendar for the next fiscal year. It lists more than eighty topics for continuing professional education, and ...
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Sun shines and wind blows but where's the auditor?
HERE is something they don't normally teach accountants: Financial Evaluation of Renewable Energy Technologies. Which is why it would make sense to hear what two IIT profs, T. C. Kandpal and H. P. Garg have to ...
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E-MAIL
The company you keep
EVERYONE has heard of them. Everyone who checks e-mails encounters them. But do they know that the original SPAM is a brand of processed meat or "Spiced Ham"? Even Nikita Khrushchev credited SPAM with sustaining the ...
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LETTERS
Rising prices
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