CA, CS, CMA - Page 20

MCA releases Revised Form 23C, Form 23D, Form I-XBRL & Form A-XBRL

The Ministry of Corporate Affairs has released the new forms relevant to Costing Rules prior to Companies (Cost Records and Audit) Rules 2014: FORM 23C [Pursuant to section 233B(2) of Companies Act, 1956]: Form of application to the Central Government for appointment of cost auditor FORM 23D [Pursuant to section 233B(2) of Companies Act, ...

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Posted Under: CA, CS, CMA |

Bank of Baroda invites RFP for Concurrent Auditors Appointment

Bank of Baroda, Central Internal Audit Division, HO, Baroda invites Proposal (RFPs) for Appointment of -02- Concurrent Auditors for Branches/RBOs/CBOs/Other Units for South Gujarat Zone (Baroda) & -01- Concurrent Auditor for Branches/RBOs/CBOs/Other Units for Western UP Zone (Bareilly) for 01-01-2017 to 30-09-2017. RFP Reference: RFP:...

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ICDS Not Applicable for November, 2016 CA Exams

Students appearing in November, 2016 examination may note that Income Computation and Disclosure Standards (ICDS) shall not be applicable. ICDS need not be applied for computation of income or for answering application based or knowledge based questions...

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ICAI Request members to improve annual ROC filing compliance

This is to mention here that to promote high standard of integrity and professionalism it is an essential part of the Professional duty of the Chartered Accountants to ensure compliance of various statutory and other regulatory requirements with regard to the relevant provisions of the Acts which regulate the functioning of Companies and ...

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ICAI Clarification in respect of MEF Empanelment 2016

Following applicants are rendered Ineligible due to the clause of exclusivity: Applying as Proprietary Concern and also having Sole Practice (Individual) registered in Institute's records; Applying as Individual (either sole/individual practice registered or not in Institute's records) and also having Proprietary Concern. Applying as Pro...

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Posted Under: CA, CS, CMA |

Revised AS 29 -Provisions, Contingent Liabilities & Contingent Assets

This Standard should be applied in accounting for provisions and contingent liabilities and in dealing with contingent assets, except: (a) those resulting from financial instruments that are carried at fair value; (b) those resulting from executory contracts, except where the contract is onerous; Explanation :...

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Posted Under: CA, CS, CMA |

Revised Accounting Standard 21- Consolidated Financial Statements

1. This Standard should be applied in the preparation and presentation of consolidated financial statements for a group of enterprises under the control of a parent. 2. This Standard should also be applied in accounting for investments in subsidiaries in the separate financial statements of a parent....

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Posted Under: CA, CS, CMA |

Accounting Standard (AS) 14- Accounting for Amalgamations

This standard deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. This standard is directed principally to companies although some of its requirements also apply to financial statements of other enterprises....

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Posted Under: CA, CS, CMA |

Accounting Standard (AS) 13- Accounting for Investments

Shares, debentures and other securities held as stock-in-trade (i.e., for sale in the ordinary course of business) are not ‘investments’ as defined in this Standard. However, the manner in which they are accounted for and disclosed in the financial statements is quite similar to that applicable in respect of current investments....

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Posted Under: CA, CS, CMA |

Revised AS 10 – Property, Plant and Equipment

The objective of this Standard is to prescribe the accounting treatment for property, plant and equipment so that users of the financial statements can discern information about investment made by an enterprise in its property, plant and equipment and the changes in such investment....

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Latest ICAI , ICSI, CMA News

Chartered Accountants or Company Secretaries , Cost Accountants are a group of extraordinary people. Wherever they go, they bring difference. They’re talented, ambitious and are in demand. If you are thinking about a career which offers respect, prestige, great financial rewards, and better prospects becoming a Chartered Accountant, Cost Accountnat  or a Company Secretary is a perfect way to start. For becoming a CA, CMA or a CS you need to qualify the CA exam, CMA exam and the CS exam respectively. The CA, CMA and CS qualifications are exceptional prestigious and internationally respected which would offer you the skills, knowledge, and values to be a sought after business professional. The CA, CMA and CS qualifications comprises of relevant professional study and practical experience.

The ICAI (Institute of Chartered Accountants of India) is the empowering body for Chartered Accountants in India, The ICAI (The Institute of Chartered Accountants of India )  for Cost Accountantgs in India and the ICSI (Institute of Companies Secretaries of India) is the regulating body of Company Secretaries in India.

At Taxguru, we provide you with all the latest updates and announcement with respect to CA exam, CMA Exam and CS exam. Find all the latest news on ICAI and all the relevant updates related to CPT exam, IPCC and Finals. Get to know what’s new and what trending in the world of CS, CMA with all the latest news on ICSI, CMA here at Taxguru.

At Taxguru, we publish blogs and articles at regular intervals for the enlightenment of our readers who are pursuing CA, CMA or CS or have completed the esteemed professional course. We ensure that we bring you all the latest insights and guidance in your journey towards your goal to achieve success in CA, CMA and CS exams. We keep you posted on all important and significant ICAI news and ICSI news and ensure to keep updated with the trending information from the world of these profound professions.

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