The results of the Chartered Accountants Professional Competence and Integrated Professional Competence Examinations held in May, 2012 are likely to be declared tentatively on Tuesday, the 7th August, 2012 around 5.00 P.M. and the same as well as the merit list(candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank and in accordance with the decision of the Examination Committee) on all India basis will beavailable on the following website:

CA Final Results Declared: Results of the Chartered Accountants Final Examination held in May 2012 have been declared with 16.38% candidates as passed in Both Group category, whereas 25.32% and 29.62% candidates have been declared as passed in Group I and Group II categories respectively. I would congratulate all the successful candidates especially Abhishek Gupta from Kolkata, Divyang Bhandari from Chennai and Shruti Sodhani from Bangalore who got first, second and third rank respectively in the final examination. Results of the CPT (Common Proficiency Test) conducted on 17th June, 2012, have also been declared with a pass percentage of 37.56. Female candidates have taken lead from their male counterpart by a margin of 2%, i.e. 40.04 against 37.56%. It is quite satisfying to note that more and more female candidates are successfully joining our profession.

A chartered accountant has been disqualified from acting as a company director for 12 years after a judge found him guilty of ‘grossly improper’ conduct in respect of his work as liquidator of a large number of companies.

Allahabad Bank invites applications in the under noted prescribed format from practicing firms of Chartered Accountants of India who are willing to have their firm empanelled as Concurrent/ Revenue Auditor in the Bank. The last date for receipt of Bio-data is 6th August,2012.

Cloud computing is a technology that uses the internet & central remote servers to maintain data & applications. It allows consumers & businesses to use applications without installation & access their personal files at any computer with internet access. This technology allows for much more efficient computing by centralizing storage, memory, processing & bandwidth. In other words, the delivery of computing and storage capacity as a service to a heterogeneous community of end-recipients. The name cloud computing was inspired by the cloud symbol that’s often used to represent the Internet in flowcharts and diagrams.

In a Press Release the Institute has made it clear that Graduates seeking admission till 31st August, 2012 will be eligible for Examination in June 2013. 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 – 41504444, 45341076 & 45341077 (Delhi).

Organisational response to the environment and the role of the acco- unting profession for the environ- mental protection are fairly recent developments. Environmental issues are business issues and have consid- erable implications for ‘audit’ in all its semblance leading to a separate spe- cialised area viz., ‘environmental auditing’.

If you happen to see few people roaming regularly on streets at 3 or 4 in the morning in the months of September dressed in formals don’t think it’s a new dress code of dacoits to fool you. Those might be poor CA students returning home after a tough day (read night as well) at work. Yes this malnourished breed is known officially as Article assistants. They can be easily identified specially during the months of September; you can identify them with the ‘I-dont-care look’ they wear always during the year. That’s coz they have already many things to bother about.

The Institute of Cost Accountants of India (ICAI) Newly Elected President & Vice President CMA Rakesh Singh has been elected as President of the Institute for the year 2012-13 CMA S.C. Mohanty has been elected as Vice President of the Institute for the year 2012-13 Source- http://www.icwai.org/icwainew/index.asp

The top three rank holders on all India basis of Chartered Accountants Final Examinations held in May, 2012 are from Kolkata, Chennai and Bangalore respectively and their details along with the marks secured by them are mentioned at Annexure-A. The result details of the Final examination in terms of pass percentage are mentioned at Annexure-B.