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Archive: 2009

Posts in 2009

Appointment of Branch Statutory Auditors in Public Sector Banks for the Year 2008-09

February 15, 2009 402 Views 0 comment Print

I am attaching herewith copy of Email from CA Anuj Goyal, Chairman, Professional Development Committee ob above subject. Email is as follows:- Dear Professional Colleagues, As you are all aware that Reserve Bank of India has recently formulated a new procedure for Appointment of Branch Statutory Auditors in Public Sector Banks for the Year 2008-09. […]

Invitation for Faculty & Case Studies for Post Qualification Course on Information Systems Audit : ICAI

February 15, 2009 672 Views 0 comment Print

The Committee on Information Technology of ICAI has been offering the highly popular Post Qualification Course (PQC) on Information Systems Audit (ISA) leading to the designation D.I.S.A. (ICAI) with an enrollment of over 28000 members. The Committee is in the process of enhancing the ISA Faculty Bank on a ll India basis to organize sessions […]

DIRM Orientation Programme for DIRM Technical Examination passed members : ICAI

February 15, 2009 1059 Views 0 comment Print

Orientation Course for DIRM Candidates declared successful at the Technical Examination are required to undergo an Orientation Course to be conducted by the Institute. The Certificate of passing the IRM Course will be issued after completing the Orientation Course. It is proposed to hold two batches of Orientation Courses at Chennai and New Delhi as […]

Revised Eligibility for appearing in Campus Placement Programme to be held in March-April 2009: ICAI

February 15, 2009 507 Views 0 comment Print

Most Important Announcement The candidates who fulfil the following criteria are eligible to appear in the Campus Placement Programme to be held in March-April 2009: (i) who have qualified in CA final examination held in November 2008, subject to completion of their Articleship and GMCS Course latest by 31st March, 2009 and also undertaking to […]

Foreign investment in Print Media dealing with news and current affairs

February 14, 2009 1213 Views 0 comment Print

Publication of facsimile edition of foreign newspaper would also be subject to the Guidelines for publication of newspapers and periodicals dealing with news and current affairs and publication of facsimile edition of foreign newspapers issued by Ministry of Information & Broadcasting on 31.3.2006, as amended from time to time.

IT inspection finds Rs 37 crore default by private airline

February 14, 2009 492 Views 0 comment Print

In a path-breaking investigation, with all-India ramifications, sleuths from the Income Tax department (Bangalore circle) have found that a private airline had not remitted to the government a part of the tax it has been deducting at source for over the past eight years. The TDS default and the interest on it amounts to around […]

Indian Premier League (IPL) -II brings rich pickings for I-T dept

February 14, 2009 717 Views 0 comment Print

It’s not just cricketers who made a fortune at last week’s Indian Premier League (IPL) auction. The income tax (I-T) department is set to get richer too, with franchisees owners who splurged record sums of money on cricketers last weekend, having to fork out at least 10% (TDS) to the IT department. The cash-rich cricketers […]

Inside the secret world of auditing : Business Today

February 14, 2009 834 Views 0 comment Print

PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert which consented to the use of its unqualified audit opinions, PwC is liable for the material misrepresentations or omissions… Excerpt from a Class Action Complaint against Satyam, Ramalinga Raju, Rama Raju, Srinivas Vadlamani and PricewaterhouseCoop ers filed in a […]

New companies bill likely to see stronger auditing regulations

February 14, 2009 1406 Views 0 comment Print

In the wake of the Satyam accounting fraud, the ministry of corporate affairs has woken up to the need of stronger auditing standards and feels that the new Companies Bill would provide a stronger regulatory platform since the Centre would notify the same as part of the bill.

Report of the meeting with Ms. Parveen Tripathi, Dy. C&AG & Decision Taken Regarding Empanelment – ICAI

February 14, 2009 495 Views 0 comment Print

A meeting with Ms. Parveen Tripathi, Dy. C&AG was held on 9th February, 2009. The meeting was attended by the President CA. Uttam P. Agarwal, Vice-President CA. Amarjit Chopra and CA. Anuj Goel, Chairman, PDC. In this meeting, Shri K. P. Sasidharan, Principal Director (Commercial) and nominee of the C&AG of the Central Council was […]

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