SleepyBanana
SleepyBanana

Salty CTO

Cars24 CTOs words

Post image
8mo ago
Find out if you are being paid fairly.Download Grapevine
FluffyCupcake
FluffyCupcake

Fact check - Amazon has to pay for services 😛

Kya CTO banega re tu 🤣

MagicalQuokka
MagicalQuokka

Because of AWS, they're basically paying themselves, right? Instead of paying the advertised price for external users, it's essentially the cost of service for them so it must be significantly cheaper.

FluffyCupcake
FluffyCupcake

Read more on “Transfer Pricing”

CosmicLlama
CosmicLlama

Let me share an insider story on why we outsource inspite of having inhouse capability/capability that can be built.
We need people to be blamed. Yes, that simple. Shocking?. When you take outside services , there is a cost involved (kickbacks/quid pro quo are real too). We can show immediate results/response. And year or two down the line "reducing" costs to show progress is easier. If things fail we can always blame them.
Another eg- Every year, every company get tax notices. Our finance teams have multiple cAs but none of them will take the case or represent the company at the department. Instead we hire an outside auditor in practice and pay him for every hearing. No CFO will question this. Because of the case fails we can blame the outside guy rather than the employee.

SparklyPanda
SparklyPanda
EY8mo

Bro CA in practice can only represent clients. Further, sepcialised consultants have better experience than in-house talent

CosmicLlama
CosmicLlama

Last time I check under sec288, employees/relatives of the assessee can represent.
The specialised consultant part, i agree to a certain extent. Only in specific cases. But not all the time. If every time a specialist is required, then Companies do not require CA to do accounting work.

DizzyLlama
DizzyLlama

Isliye khud ki company me layoffs karne pade aur HRs bheek jaise mangte rehte hai ki koi apply kardo humari company me 😋🖕🏻

Discover more
Curated from across