Follow Us :

Filter Posts

Found 2515 Results

ICAI is mulling changes in the chartered accountancy course

  28 Mar 2009   0 comment
Institute of Chartered Accountants of India (ICAI) is mulling bringing about some changes in the chartered accountancy course syllabus, ICAI president Uttamprakash Agrawal said recently. “Indian chartered accountants are capable enough not just to fight the economic downturn, but also guide the world on how to come out of it,”...
Posted Under: CA, CS, CMA |

ICWAI will develop 39 cost accounting standards

  27 Mar 2009   0 comment
The government is considering a proposal to do away with the current system of calculating a product’s cost through a fixed format, a move that will bring in flexibility and reduce compliance costs for companies. In turn, the Institute of Cost and Works Accountants of India (ICWAI), the apex body regulating the cost accounting professio...
Posted Under: CA, CS, CMA |

ICAI wants more time for auditors to complete statutory Audit of PSU Banks

  22 Mar 2009   0 comment
Do auditors – facing flak for endorsing falsified accounts in the Satyam scandal – have enough time to do their work properly? The Institute of Chartered Accountants of India (ICAI), trying to save the profession’s credibility under assault this year, has underlined the need to give central statutory auditors sufficient ...
Posted Under: CA, CS, CMA |

Good News: ICWAI members can practise in US

  22 Mar 2009   0 comment
In what could provide a big thrust to the cost accounting profession in the country, the Institute of Cost and Works Accounts of India, the apex body to regulate the profession of cost and management accountancy in the country, has finalised a mutual recognition agreement with the Institute of Management Accountants of the United States. ...
Posted Under: CA, CS, CMA |

ICAI announced General Amnesty for Restoration of Names from Register of Members

  22 Mar 2009   0 comment
A General Amnesty Scheme for retrospective restoration of Membership effective from the date of removal due to non-payment of Membership fee was launched by the Council and announcement to this effect was issued on 13th May, 2008 and the same was hosted on www.icai.org and published in the Journal. This scheme provided an opportunity for...
Posted Under: CA, CS, CMA |

ICWAI will get more statuary recognition : MCA

  16 Mar 2009   0 comment
In order to give due recognition to the Institute of Cost and Works Accounts of India (ICWAI), an apex body to regulate the profession of cost and management accountancy in India, the Ministry of Corporate Affairs (MCA) is in the process of reviewing the existing cost accounting rules and the cost accounting standards of ICWAI. […]...
Posted Under: CA, CS, CMA |

ICAI plan to scrutinise books of companies that have seen independent directors resign in the last two months

  16 Mar 2009   0 comment
THE Institute of Chartered Accountants of India (ICAI), the regulatory body for the accounting profession, plans to scrutinise books of companies that have seen independent directors resign in the last two months, after the role of such directors came under intense scrutiny in the wake of the major financial fraud at Satyam Computer Servi...
Posted Under: CA, CS, CMA |

ICWAI will take action against Ex Satyam CFO Vadlamani Srinivas

  16 Mar 2009   0 comment
In the wake of Rs 7,000 crore Satyam fraud, Sebi had announced that it would ask an independent team of auditors to conduct a peer review of the working papers of the financial statements of the auditors of listed companies. “We feel such that an audit should be conducted by the ICWAI and discussions for […]...
Posted Under: CA, CS, CMA |

Banks don't want CAs to appear before Debt Recovery Tribunal (DRT)

  14 Mar 2009   0 comment
Citing a need for legal knowledge and skills, banks have shot down a proposal by the Institute of Chartered Accountants of India (ICAI) to allow chartered accountants to appear before the Debt Recovery Tribunal (DRT) to plead cases. The debt tribunal was set up to adjudicate bank recovery suits. It works in lieu of civil […]...
Posted Under: CA, CS, CMA |

ICAI tightens auditing norms to prevent frauds

  12 Mar 2009   0 comment
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...
Posted Under: CA, CS, CMA |

Search Post by Date
April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930