CA, CS, ICWA related News and Articles

CWA – Examination Pattern for Foundation Course (Entry Level) Part-I from June 2012 onwards

Examination Pattern for Foundation Course (Entry Level) Part-I from June 2012 onwards. Examination shall  have  Multiple Choice Questions to be answered/marked in OMR answer sheets. The Examination of Foundation Course (Entry Level) Part-I shall be held on a single day (Sunday) in two sessions Morning Session Paper I (10.00 am to 12.00 pm) Section A:- [...]
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Status of Admission to Company Secretaries (CS) Executive Programme

The Institute of Company Secretaries of India in a press release has notified that Admission to Company Secretaries (CS) Executive Programme is on. Graduates seeking admission till 29th February, 2012 will be eligible for Examination in December, 2012. B.A / B.Sc / B.Com Graduates of any discipline (excluding Fine Arts) can pursue the CS EXECUTIVE PROGRAMME conducted by the Institute of Company Secretaries of India (ICSI). CS Helpline is available on Telephone No. 011 â€..
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ICWAI to hold first convocation and annual award function at Kolkata

The first convocation and annual award function of The Institute of cost Accountants of India will be held on First March 2012 at 11.30 A .M. at Science City Auditorium , Kolkata.
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ICAI Requests Members to Share Hardship Being Faced with Regard to TDS Returns

The Direct Taxes Committee of ICAI makes suitable representations to the Central Board of Direct Taxes or other appropriate bodies on various issues arising out of direct tax laws from time to time which are brought to the notice of the Committee by the members.
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Empanelment with New India Assurance Company Limited for concurrent audit

The company is engaged in General Insurance Business with its operations spreading all over India and abroad. The company is on look-out to appoint a firm of Chartered Accountants as concurrent auditor to carry-out the concurrent audit of investment department of the company. The investment portfolio of the company is Rs. 20,000 crore (approx.)
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New Syllabus for the Foundation Programme of the Company Secretaryship Course

The Council of the Institute of Company Secretaries of India in exercise of the powers vested under clause (a) of sub¬section (2) of Section 15 of the Company Secretaries Act, 1980, as amended by the Company Secretaries (Amendment) Act, 2006 has approved, on the recommendations of its Syllabus Review Committee, the detailed contents for the four papers of 100 marks each for Foundation Programme under the new syllabus.
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Guidance Note on Accounting for Self- generated Certified Emission Reductions (CERs) (Issued 2012)

An issue that arises in accounting for carbon credits is that whether the carbon credits generated under the Clean Development Mechanism, i.e., CERs, can be considered as assets of the generating entity.
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Guidance Note on Accounting for Rate Regulated Activities

A key aspect of rate regulation is that the regulator is empowered to determine prices that bind the entity’s customers under a statute or otherwise. Regulatory authorities are usually set up under a legislation which stipulates their constitution, functions, powers etc.
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