Forbes & Company Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2007, the auditors of the Company have made the following observations:
1. The figure in the column entitled Three months ended December 31, 2007 have been derived after considering the regrouped figures for the half year ended September 30, 2007.
2. Attention is invited to Note 4 of the Statement relating to the balances to be reconciled and set off in respect of the Companys Logistic Services Segment. The Auditors could not perform limited review procedures in respect of debit balances as at December 31, 2007, amounting to Rs 256.64 million (as at December 31, 2006, net credit balance of Rs 1,728.78 lakhs; as at March 31, 2007, net debit balance of Rs 407.56 lakhs) which have been included in the capital employed of this segment, as the necessary information was not available and the reconciliation process had not been concluded.
3. Attention is invited to Note 4 of the Statement wherein the Management has stated its reasons for revaluation of certain assets for Nine months ended December 31, 2006 and the year ended March 31, 2007. In the auditors opinion, selective revaluation of fixed assets is not in accordance with the Accounting Standard (AS) 10 on Accounting for Fixed Assets notified under the Companies (Accounting Standards) Rules, 2006. The value of such fixed assets which formed a part of the capital employed of the Others Segment as at December 31, 2006 and March 31, 2007 is Rs 365.21 lakhs and Rs 365.19 lakhs respectively.
4. One of the Companys divisions has recorded revenue from its logistics service lines net of direct expenditure. Such revenue has consistently been recorded on a gross basis by the Company in the previous reporting periods. However, the Company has not reclassified the corresponding amounts for Nine months ended December 31, 2006 and the year ended March 31, 2007.
1. The figure in the column entitled Three months ended December 31, 2007 have been derived after considering the regrouped figures for the half year ended September 30, 2007.
2. Attention is invited to Note 4 of the Statement relating to the balances to be reconciled and set off in respect of the Companys Logistic Services Segment. The Auditors could not perform limited review procedures in respect of debit balances as at December 31, 2007, amounting to Rs 256.64 million (as at December 31, 2006, net credit balance of Rs 1,728.78 lakhs; as at March 31, 2007, net debit balance of Rs 407.56 lakhs) which have been included in the capital employed of this segment, as the necessary information was not available and the reconciliation process had not been concluded.
3. Attention is invited to Note 4 of the Statement wherein the Management has stated its reasons for revaluation of certain assets for Nine months ended December 31, 2006 and the year ended March 31, 2007. In the auditors opinion, selective revaluation of fixed assets is not in accordance with the Accounting Standard (AS) 10 on Accounting for Fixed Assets notified under the Companies (Accounting Standards) Rules, 2006. The value of such fixed assets which formed a part of the capital employed of the Others Segment as at December 31, 2006 and March 31, 2007 is Rs 365.21 lakhs and Rs 365.19 lakhs respectively.
4. One of the Companys divisions has recorded revenue from its logistics service lines net of direct expenditure. Such revenue has consistently been recorded on a gross basis by the Company in the previous reporting periods. However, the Company has not reclassified the corresponding amounts for Nine months ended December 31, 2006 and the year ended March 31, 2007.
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INTERNATIONAL CONCEPT OF WORK FROM HOME
Work from home theory is fast gaining popularity because of the freedom and flexibility that comes with it. Since one is not bound by fixed working hours, they can schedule their work at the time when they feel most productive and convenient to them. Women & Men benefit a lot from this concept of work since they can balance their home and work perfectly. People mostly find that in this situation, their productivity is higher and stress levels lower. Those who like isolation and a tranquil work environment also tend to prefer this way of working. Today, with the kind of communication networks available, millions of people worldwide are considering this option.
Women & Men who want to be independent but cannot afford to leave their responsibilities at home aside will benefit a lot from this concept of work. It makes it easier to maintain a healthy balance between home and work. The family doesn't get neglected and you can get your work done too. You can thus effectively juggle home responsibilities with your career. Working from home is definitely a viable option but it also needs a lot of hard work and discipline. You have to make a time schedule for yourself and stick to it. There will be a time frame of course for any job you take up and you have to fulfill that project within that time frame.
There are many things that can be done working from home. A few of them is listed below that will give you a general idea about the benefits of this concept.
Baby-sitting
This is the most common and highly preferred job that Women & Men like doing. Since in today's competitive world both the parents have to work they need a secure place to leave behind their children who will take care of them and parents can also relax without being worried all the time. In this job you don't require any degree or qualifications. You only have to know how to take care of children. Parents are happy to pay handsome salary and you can also earn a lot without putting too much of an effort.
Nursery
For those who have a garden or an open space at your disposal and are also interested in gardening can go for this method of earning money. If given proper time and efforts nursery business can flourish very well and you will earn handsomely. But just as all jobs establishing it will be a bit difficult but the end results are outstanding.
Freelance
Freelance can be in different wings. Either you can be a freelance reporter or a freelance photographer. You can also do designing or be in the advertising field doing project on your own. Being independent and working independently will depend on your field of work and the availability of its worth in the market. If you like doing jewellery designing you can do that at home totally independently. You can also work on freelancing as a marketing executive working from home. Wanna know more, email us on workfromhome.otr214426@gmail.com and we will send you information on how you can actually work as a marketing freelancer.
Internet related work
This is a very vast field and here sky is the limit. All you need is a computer and Internet facility. Whatever field you are into work at home is perfect match in the software field. You can match your time according to your convenience and complete whatever projects you get. To learn more about how to work from home, contact us today on workfromhome.otr214426@gmail.comand our team will get you started on some excellent work from home projects.
Diet food
Since now a days Women & Men are more conscious of the food that they eat hence they prefer to have homemade low cal food and if you can start supplying low cal food to various offices then it will be a very good source of income and not too much of efforts. You can hire a few ladies who will help you out and this can be a good business.
Thus think over this concept and go ahead.
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