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Indian CAs Can Practice in UK and Frequently Asked Questions

While the legal profession in India is still weighing the pros and cons of opening up to foreign competition, chartered accountants have gone ahead and taken the plunge. The Institute of Chartered Accountants of India (ICAI) has signed an agreement with the Institute of Chartered Accountants in England and Wales (ICAEW), allowing both cou...

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Posted Under: CA, CS, CMA |

ICAI sets Eyes on Global Standards

The recent planning and initiative of the Institute of Chartered Accountants of India (ICAI) are now directed to make India as a destination for accounting as well as auditing services. Apart from converging with the international financial reporting standards (IFRS) by April 1, 2011, it is now planning to convergence with the internation...

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Posted Under: CA, CS, CMA |

ICAI planning to launch educational television channel

The world's second-largest accountancy body, the Institute of Chartered Accountants of India (ICAI), is planning to launch a television channel to reach out to its 3.5-lakh students and 1.5-lakh professional members. Currently, ICAI airs four hour of interactive educational programme a day through IGNOU's Gyandarshan channel. ...

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Posted Under: CA, CS, CMA |

In Times of Crisis, CAs In Demand Like Never Before

THE financial meltdown is expected to bring new opportunities for chartered accountants as companies will seek better control over their finances. So, if BSchools are a worried lot and preferences are fast changing from finance to consulting, the CAs are in demand like never before. Also, as per the ICAI top brass, while the financial sec...

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Posted Under: CA, CS, CMA |

ICAI to Oppose Valuation Professionals Bill

The government’s move to create a separate breed of corporate valuers in the country is set to face stiff resistance from the Institute of Chartered Accountants of India (ICAI), that trains and regulates the professional conduct of chartered accountants.The Institute is expected to tell the government that financial valuation of compani...

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Posted Under: CA, CS, CMA |

Draft Bank audit empanelment for 2008-09 list hosted

Declaration in respect of MEF 2008-09 not received - As per our records, declaration has not been received from applicants mentioned in the below list. Individual SMS communication has already been sent to all concerned at mobile nos. of the contact person provided in MEF application. In case of non-receipt of the declaration, your MEF ap...

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Posted Under: CA, CS, CMA |

Now CS, Cost Accountant and Others Can Be a Partner with CA

Institute of Chartered Accountants of India has issued a notification no. Na.1-CA(7)/116/ 2008 dated 25-9-2008 incorporating various amendment to the Chartered Accountants Regulations, 1988.There are 16 amendments to the regulations. One of the major amendments is provisions relating to multidisciplinary partnership firm....

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Posted Under: CA, CS, CMA |

Certificate Course On International Financial Reporting Standards – ICAI

The International Financial Reporting Standards (IFRS) issued by International Accounting Standards Board (IASB) are gaining recognition as Global Reporting Standards. The Council of the Institute of Chartered Accountants of India, while appreciating the emerging diversities and complexities in the world of accounting and the need for kno...

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Posted Under: CA, CS, CMA |

ICAI Starts Working with Investigating Agencies

Accounting regulator ICAI has started working with investigating agencies under the home ministry and the finance ministry to help them track down the flow of unaccounted money in the economy....

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Posted Under: CA, CS, CMA |

Extension of Last Date for Submission of MEF for the Year 2008-09

The last date for submission of application on the website www.meficai. org October, has been extended to 6th 2008 and the last date for receipt of duly signed hard copy of declaration (alongwith the acknowledgement of soft submission of application) at the Institute’s Delhi office has been extended to 16th October, 2008....

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Posted Under: CA, CS, CMA |