financial reporting

The Union Finance Minister Shri Pranab Mukherjee will inaugurate a national conference of the State Finance Ministers here tomorrow. The day-long conference, which includes participation from all stakeholders from Union and State Governments, aims to trigger discussions on operational guidelines for conceptualizing ‘General Purpose Financial Reporting’ under accrual based accounting system. Secretaries to the Government of India, State Finance Secretaries, Financial .. Full Article

The Government today said financial reporting in the new technology format XBRL will enable regulators to keep a better vigilance over activities of companies. Speaking at an ICSI seminar on eXtensible Business Reporting Language (XBRL), the Corporate Affairs Secretary, Mr D.K. Mittal, said: We the regulators need to know what is happening and an environment has to be created where every information is available and XBRL is a solution to this’ Full Article

Sub: Discontinuance of CA Final Examination under the old syllabus. As announced earlier on the Institute’s website, the Final (Old) examination stands discontinued with the culmination of November, 2010 examination. A detailed announcement regard Full Article

November 2010 suggested, download suggested answers, download suggested papers, icai suggested, ipcc suggested, suggested for November 2010, ca final new course, ca final , icai, financial reporting, strategic financial management, advanced auditing & professional ethics, corporate and allied laws, group ii, advanced management accounting, information systems control and audit, direct tax laws, indirect tax laws Full Article

The award under different categories is conferred on the basis of evaluation administered by ICAI's committee for the degree of compliance with the accounting standards, statutory guidelines and other relevant pronouncements which also include governance. Full Article

Issue of Cost Accounting Standards (CAS) is a pioneering initiative by the Institute of Cost and Works Accountants of India. The first CAS (CAS-1) was issued by the institute in the year 2002. The Preface to CostAccounting Standards issued by the institute has set out the following objectives to be achieved through CAS: to provide better guidelines on standard cost accounting practices; to assist cost accountants in preparation of uniform cost statements; to provide guid.. Full Article

The companies participating will have to register online on placement portal www.cmii.icai.org. · The participation fees should be remitted at ICAI head office New Delhi only. · Access to the candidate database shall be allowed only after the receipt of participation fee by CMII Secretariat. · The companies can access the database through the placement portal www.cmii.icai.org from 5th January 2010. Full Article

The high-level committee set up to look at the multi-crore rupee fraud at Satyam Computer by the Institute of Chartered Accountants of India is close to coming out with its recommendatations by June.  “The high-level committee set up to look into matters arising out of Satyam fraud is carrying out deliberations and is likely to [...] Full Article