Our collection of resources based on what we have learned on the ground
Resources
Q&A
Are there inventory auditing requirements for manufacturing companies in India?

- June 2014
- Members Access
Manufacturing businesses need to demonstrate that they have maintained their RG23 books and stock registers for manufacturing or processing materials. An auditor will verify that this has been done correctly, and will need to ascertain whether the RG...
Q&A
Are businesses required to give the auditor their management accounts opening ba...

- June 2014
- Free Access
Businesses are not required to give the auditor their management accounts opening balances, but should have them ready in the event that an auditor wants to check that the opening balances in those accounts have been carried forward correctly from th...
Q&A
Why should Indian company maintain a copy of their Permanent Account Number (PAN...

- June 2014
- Free Access
Companies must also ensure that they are properly maintaining photocopies of Permanent Account Number (PAN) cards for any contractors that come under tax deduction at source (TDS) applicability. If a company has not been provided with a contractor&rs...
Q&A
How can fraud be avoided in India?

- June 2014
- Free Access
Fraud can be avoided through the use of Audit and Attestation services. Most companies in India are required by law to have an Internal Audit department, which is given independence and which directly reports to the board of the company. Another way ...
Q&A
What is the difference between fraud and error in India?

- June 2014
- Members Access
The key difference between “fraud” and “error” often relates back to the intent to deceive, and distinguishing between the two can be challenging. Auditors are charged with exercising judgment when preparing their opinion for ...
Q&A
How can a company mitigate the risk of fraud in India?

- June 2014
- Free Access
Mitigating the risk of fraud begins with a robust governance structure that includes the audit of budgeting processes, ethics policies, quality control, monitoring procedures by senior management, and rotation procedures. Any weakness in an organizat...
magazine
E-Commerce Across Asia: Trends and Developments 2014

- May 2014
- Members Access
In this issue of Asia Briefing Magazine, we provide a comprehensive overview of e-commerce trends across the Asia-Pacific region with a focus on developing markets in Southeast Asia. In addition to analyzing macro-level economic and development indic...
infographic
Unchanged FDI Caps in India

- May 2014
- Free Access
This infographic details the FDI caps that have been kept unchanged by the Indian government after the policy reform 2013.
infographic
Changes to FDI Caps in India's Business Sectors

- May 2014
- Free Access
This infographic details the changes to FDI caps in India’s business sector.
infographic
Single-Brand Retail Trading Investment Routes

- May 2014
- Free Access
This infographic details the investment routes for single-brand retail trading.
infographic
Applicable Taxes for Private Limited Company in India

- May 2014
- Members Access
This infographic detailes taxes that should be taken into consideration when incorporating a private limited company in India
Q&A
When did India change their foreign direct investment (FDI) policy and what effe...

- May 2014
- Free Access
India amended their FDI policy in August 2013. It opened a number of key business sectors to increased foreign investment and in several instances eliminated the need for foreign investors to obtain approval from the Indian government before investin...
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