CA, CS, CMA - Page 337

Onus Is On Assessee To Prove That The Net Realizable Value Whatever Has Been Shown By Him Is The Correct Net Realizable Value

Valuing the closing stock at net realizable value method is duly recognized by AS-2 issued by the ICAI but, the onus is on the assessee to prove that the net realizable value whatever has been shown by him is the correct net realizable value and is less than the cost: the assessee has to satisfy the Assessing Officer by adducing the evide...

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Posted Under: CA, CS, CMA |

Indian CAs Can Practice in UK and Frequently Asked Questions

While the legal profession in India is still weighing the pros and cons of opening up to foreign competition, chartered accountants have gone ahead and taken the plunge. The Institute of Chartered Accountants of India (ICAI) has signed an agreement with the Institute of Chartered Accountants in England and Wales (ICAEW), allowing both cou...

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ICAI sets Eyes on Global Standards

The recent planning and initiative of the Institute of Chartered Accountants of India (ICAI) are now directed to make India as a destination for accounting as well as auditing services. Apart from converging with the international financial reporting standards (IFRS) by April 1, 2011, it is now planning to convergence with the internation...

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Posted Under: CA, CS, CMA |

ICAI planning to launch educational television channel

The world's second-largest accountancy body, the Institute of Chartered Accountants of India (ICAI), is planning to launch a television channel to reach out to its 3.5-lakh students and 1.5-lakh professional members. Currently, ICAI airs four hour of interactive educational programme a day through IGNOU's Gyandarshan channel. ...

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In Times of Crisis, CAs In Demand Like Never Before

THE financial meltdown is expected to bring new opportunities for chartered accountants as companies will seek better control over their finances. So, if BSchools are a worried lot and preferences are fast changing from finance to consulting, the CAs are in demand like never before. Also, as per the ICAI top brass, while the financial sec...

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ICAI to Oppose Valuation Professionals Bill

The government’s move to create a separate breed of corporate valuers in the country is set to face stiff resistance from the Institute of Chartered Accountants of India (ICAI), that trains and regulates the professional conduct of chartered accountants.The Institute is expected to tell the government that financial valuation of compani...

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Draft Bank audit empanelment for 2008-09 list hosted

Declaration in respect of MEF 2008-09 not received - As per our records, declaration has not been received from applicants mentioned in the below list. Individual SMS communication has already been sent to all concerned at mobile nos. of the contact person provided in MEF application. In case of non-receipt of the declaration, your MEF ap...

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ICAI Issues First Two Accounting Standards for Local Bodies

Presently in India, there are no Accounting Standards for Local Bodies in place and as a first step in this direction, the ICAI has issued the above two Accounting Standards for Local Bodies. The ICAI has already issued the ‘Preface to the Accounting Standards for Local Bodies’ in 2007. Further, Accounting Standard for Local Bodies (A...

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Now CS, Cost Accountant and Others Can Be a Partner with CA

Institute of Chartered Accountants of India has issued a notification no. Na.1-CA(7)/116/ 2008 dated 25-9-2008 incorporating various amendment to the Chartered Accountants Regulations, 1988.There are 16 amendments to the regulations. One of the major amendments is provisions relating to multidisciplinary partnership firm....

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Certificate Course On International Financial Reporting Standards – ICAI

The International Financial Reporting Standards (IFRS) issued by International Accounting Standards Board (IASB) are gaining recognition as Global Reporting Standards. The Council of the Institute of Chartered Accountants of India, while appreciating the emerging diversities and complexities in the world of accounting and the need for kno...

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Posted Under: CA, CS, CMA |
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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.