CA, CS, CMA - Page 400

ICAI tightens auditing norms to prevent frauds

To prevent recurrence of Satyam-like frauds, the ICAI on Monday tightened the auditing standards by introducing new guidelines which will enable auditors interlink information and reports of other stakeholders and evaluate them. The two new standards on auditing, said Atul Kumar Gupta, member of the regional council of Institute of Charte...

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ICAI wants more powers to wash off Satyam stain

In order to restore credibility in the Satyam-tainted work of auditors, the Institute of Chartered Accountants of India (ICAI), the apex body that regulates the profession of chartered accountancy in India, is considering various options, including demanding more powers for itself. “The institute needs to have more teeth and there i...

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Internal Auditor cannot be tax auditor – Further Clarification by ICAI

The Council in its 281st meeting held from 3rd to 5th October, 2008 decided that an internal auditor of an assessee, whether working with the organization or an independently practicing Chartered Accountant being an individual chartered accountants or a firm of chartered accountants, could not be appointed as his tax auditor. The said dec...

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3 Months’ Residential Programme on Professional Skills Development – ICAI

General Management and Communication Skills- Students of this programme would not be required to undergo GMCS course separately. The course duration to be considered as part of Articled Training- Under Explanation (2) to Regulation 59 (7) of the Chartered Accountants Regulations, 1988 participation in the Three Months’ Residential Progr...

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ICAI considering Proposal for Mandatory Audit by Mutiply Auditors

Companies may soon have to get their financial statements vetted by more than one auditor. The Institute of Chartered Accountants of India (ICAI), the country’s accounting and auditing rule-maker, is considering a proposal to make it mandatory for companies to get their books audited by more than one auditor so that each of the audit [&...

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ICAI to set up ratings system for corporate governance

The Institute of Chartered Accountants of India (ICAI) is planning to set up a rating system for corporate governance for listed and unlisted entities. It is aiming to bring in internationally best practices and new code of conduct. The apex statutory body of CAs, established under the Chartered Accountants Act, 1949, is in the process [&...

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Online Updation of Address for Chartered Accountnats

Dear Members, As You may be aware that ICAI ( Institute of Chartered Accountants of India) general election will be held in DEC 2009.You can vote only in the city of your professional address as per ICAI Database. Pls check your address by clicking the link given below:- http://220.227. 161.82/locm.asp Click on http://www.icai. org/addupd...

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Accounting firm PWC overhauls Indian operations

The global auditing firm PricewaterhouseCoopers is overhauling its India operations, two months after starting an investigation into fraud at one of its clients here. The auditor, which has nine offices and thousands of clients in India, said Thursday that it would make a number of sweeping changes to “re-emphasize quality.”...

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ICAI to form Review Reporting Board to inspect audit reports

The Institute of Chartered Accountants of India (ICAI), the body that regulates the profession of chartered accountancy in the country, plans to set up a board to randomly scan the audit reports of banks, financial institutions and state-owned enterprises to avoid Satyam-like episode. ICAI president Uttam Prakash Agarwal said the new boar...

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Former ICAI President Ved Jain & Lawyer O P Vaish appointed nominees on Maytas board

The Government on Thursday appointed former ICAI President Ved Jain and noted tax lawyer O P Vaish on the board of Maytas Infra, a  company promoted by the kin of Satyam Computer founder B Ramalinga Raju. Ved Jain has been appointed director on the board also of Maytas Properties, another company promoted by the Raju […]...

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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.