Shuchi Nahar's Weekend Blog!

Edtechs the future of Education Twitter Handle: @shuchi_nahar Need for Edtechs In a dramatic shift from the age of gurukuls, the foundation of modern education in India was laid under the British Raj, which led to today’s formal, multiple-layered education structure divided between primary and secondary schools, to graduation, post-graduation, diploma, and distance education courses. While schools are governed by education boards such as the Central Board of Secondary Education (CBSE) and the Indian Certificate of Secondary Education (ICSE), institutions providing higher education are governed by statutory bodies such as the Medical Council of India (MCI), the All-India Council for Technical Education (AICTE) and The Bar Council of India (BCI). Over the course of time, the informal structure of education has developed its roots parallelly with the formal system. This includes one-on-one tuitions, coaching classes, vocational courses, and technology-based solutions to aid, supplement ...

Financial Shenanigans to be traced over the years (Part-1) Link for Part-2: https://myweekendspot.blogspot.com/2020/01/checklist-to-understand-recording-of.html Link for Part-3: https://myweekendspot.blogspot.com/2020/01/understanding-details-of-cashflow.html Follow for more updates:  @ shuchi_nahar While most companies act ethically and follow prescribed accounting rules when reporting their financial performance, some take advantage of gray areas in the rules (or worse, ignore the rules altogether) in order to portray their financial results in a misleadingly positive way. Management’s desire to put a positive spin on financial results has been around as long as corporations and investors themselves. Dishonest companies have long used these tricks to prey on unsuspecting investors, and it is unlikely that they will ever cease to do so. The lure of accounting gimmickry is particularly strong at companies that are struggling to keep up with their investors’ expectations...