Faridabad Income Tax Bar

Faridabad Income Tax Bar Association Activities

FITBA is the Apex body of practising Chartered Accountants, and Advocates of Faridabad. It has about 230 members. To know more about Fbd Income Tax Bar Association click here

This August body invited and hosted the seminar on Basel-II norms and Credit Ratings.

Mr Sangeet Kr Gupta, our Director was the speaker on the topic.

 

 

Some of our Professional Activities at Faridabad Income Tax Bar Association.

Seminar at Hotel Altrium (formerly Hotel Hillview)

To know more about Hotel Altrium, Click here
For accessing the website of Faridabad Small Industries Association, Click here

For having a word with President, FSIA, Mr Rajive Chawla, you may mail at rajivchawlaindia[at]yahoo.com

Mr Rajive Chawla has featured in India Today, Business Today, CNN-BN, NDTV-24×7, Click here

What you did and how you did, brought you where you are today. But it will certainly NOT take you where you want to be 10 or 20 years from now.

 

 

Core Message

Since Time will come come back, and it is “we” who has to change,

Therefore, we must keep evolving, changing, upgrading to keep pace ahead of competition. Learn, not just to survive, but learn to master all conditions- favourable or not. Most of us are still in the phase of manufacturing “general items” or as per customer’s design & drawings, or making something which can be easily copied by hundreds of others around, the big question is, “What should be our Pricing strategy?” Cost minimization, control & management become imperative…. Specially in the times of 12% inflation, cut-throat competition and strong resistance at the customer’s end to revise prices upwards.

This “cost” includes many things…. some not so obvious. Often we send quotations based upon the old pricing methods which defy logic, long term strategy, company’s goal or objective, actual costs. We need to learn newer practices in today’s fast changing market.

Coverage

  • Changing Cost Perception
  • How to do the Product Costing
  • Moving from Cost Control and Cost Reduction towards Cost Management
  • Cost Management Perspective – Customer Value Creation
  • Cost Management Focus – Economic Value Creation
  • Cost Management Methods :
    • Design Stage – Target Costing
    • Operations and Delivery Cycle – Kaizen Costing
    • Customer Relationship – Customer Account Profitability
  • Cost Information System – The Edifice of Cost Management
  • Performance Management System – The Enabler of Cost Management

Who Attended the Programme?
People who not just “hope” and “wish”, but “plan” and “act” to stay ahead of competition.

Participation Fee (on non-residential basis) :
The fee was Rs.7,000/- per delegate. Of which Rs. 5000 was subsidised by German Technical Cooperation (GTZ) .

Registration for similar future programmes : FSIA conducts such programmes regularly. If interested, you may contact :
Faridabad Small Industries Association
FSIA Park, Opp. Plot No. 23, Sector-24,
Faridabad- 121005 Haryana
Tel: +91-129-4026950, 2234950 Fax: +91-129-4055501
Mobile: Santosh Rai (9313760217) Pratap (9711123111)
E-mail : rajivchawlaindia@yahoo.comfsiaindia@gmail.com

Presentations by Mr Sangeet Kr Gupta

01 First Introduction Download Screenshot
02 Plan First Download Screenshot
05 Budgetary Control Download Screenshot
07 PPM And Cost Of Rejection Download Screenshot
08 Kanban – 1st Step Download Screenshot
09 Suggestion Scheme Download Screenshot
10 IT Department Download Screenshot
Powerpoint Powerpoint on Basel Two Norms

For accessing the details of this event on the website of the FITBAR pls Click here

Example sheet for Credit Rating points given due to Balance Sheet Financial Ratio's given in the meeting Click here

Powerpoint 2 page, Handout on Basel-II Norms given in the meeting
Sales & Distributiong

Event Feedback

To give a feedback on the event you may email to info[at]finsys.in Acknowledgements : – for the informations and knowledge the MLG team relied on various informations available on the following public sources :

  • economic-research.bnpparibas.com
  • www.icai.org – Magazine section
  • www.ficci.com
  • www.crisil.com