instances

Attention of the members is drawn to Announcements dated 27th March 2009 and 19th May 2009 hosted on website of the Institute wherein the decision of the Council with regard to, inter-alia, working hours and coaching hours have been notified. Normal working hours for the articled assistants shall not start after 11.00 AM and not end before 5.00 PM.Coaching classes shall not continue after 9.30 AM and not start before 5.30 PM so as to enable the articled assistants to co.. Full Article

The circular states that audit envisaged under Regulation 22 of the SEBI (Credit Rating Agencies) Regulations, 1999 shall include an internal audit to be conducted on a half yearly basis by Chartered Accountants, Company Secretaries or Cost and Management Accountants who are in practice and who do not have any conflict of interest with the CRA. Full Article

ICAEW excludes and fines Darren Merchant for false travel expense claims. A senior KPMG employee who dishonestly claimed more than £43,000 in expenses has been excluded from the ICAEW and fined. At an ICAEW disciplinary hearing, Darren Merchant of Dartford, Kent, admitted to claiming £43,087 in air travel. Full Article

It is clarified that for the half-year October 2009 - March 2010, the CRA shall receive the report of the internal audit by May 31, 2010. Its Board of Directors shall consider the report and take appropriate measures to rectify the deficiencies and the CRA shall send the Action Taken Report to SEBI by July 31, 2010. Full Article

As you are kindly aware that creation of employment opportunities to members of ICAI in industry, enhancing knowledge and skill sets and recognition of exemplary work of such Members in Industry are the primary goals of the Committee for Members in Industry of ICAI. The Committee continuously endeavors to provide value added services, upgrade its services by figuring out the various initiatives that can be taken to reinforce the placement services provided to the membe.. Full Article