Online edition of India's National Newspaper
Monday, August 26, 2002
Online edition of India's National Newspaper Monday, August 26, 2002 |
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Time to rework regulatory mechanism From Harshad Mehta to Ketan Parekh and further down to Madhavpura Mercantile Co-operative Bank, it is a familiar story of a few corporate heads indulging in creative accounting with the sole object of enriching themselves, says T. C. A. Ra manujam ICAI abdicates its responsibilities? There is a growing apprehension among shareholders, financial institutions and banks, government, industry and the public at large that all is not well with the profession of auditing. e-Procurement services: The next big wave A MANUFACTURING company incurs a COGS (cost-of-goods-sold) of 60 per cent while the profit margin is 10 per cent. If the procurement costs are cut, the firm can see as much as a 30 per cent direct impact on the bottomline. Electronic ... Read Today's supplements: | Life | Metro Plus | Business | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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