Filter Posts

Reset
Found 3128 Results

Appointment of branch statutory auditors of Public Sector Banks – Chartered Accountants from North Eastern Region

Appointment of branch statutory auditors of Public Sector Banks - Chartered Accountants from North Eastern Region. RBI has decided to relax the eligibility norm in respect of professional standing of individual auditors/proprietar y audit firms from the North-Eastern Region (viz. the states of Assam, Meghalaya, Arunachal Pradesh, Manipur,...

Read More
Posted Under: CA, CS, CMA |

ICAI – Announcement regarding MEF for the year 2008-09

Multipurpose Empanelment Application Form for the year 2008-09* Multipurpose Empanelment Application Form for the year 2008-09 is expected to be hosted by 22nd June, 2008. *Everyone is advised to check their last year's data and fill in all the blank columns and the relevant details. This is for your own safety and benefit.* New applicant...

Read More
Posted Under: CA, CS, CMA |

ICAI- Announcement regarding articled assistants

The requirement of compulsory practical training is an integral part of the Chartered Accountancy course. Keeping this in view, the Council has recently issued a statement to ensure that working hours of articled assistants do not clash with any other activity undertaken by the articled assistants. However, it has been brought to the noti...

Read More
Posted Under: CA, CS, CMA |

Bank Audit Empanelment by ICAI for 2008-09

ICAI – Announcement Announcement reagrding MEF for the year 2008-09 *Multipurpose Empanelment Application Form for the year 2008-09* Multipurpose Empanelment Application Form for the year 2008-09 is expected to be hosted on 15th June, 2008. *Everyone is advised to check their last year’s data and fill in all the blank columns ...

Read More
Posted Under: CA, CS, CMA |

WIRC Launches New Toll Free Number

WIRC has launched a new Toll Free Line 180022 8009, Public, Members & Students are requested to take advantage of the new toll free line....

Read More
Posted Under: CA, CS, CMA |

ICAI to launch shorter version of CA course

The Institute of Chartered Accountants of India (ICAI) said on Thursday it will launch a course of accounting technicians from April 22 for undergraduate students. "We are launching this course considering that there is a need for second tier of accountants, with so many accounting jobs coming up in the country," ICAI president Ved Jain t...

Read More
Posted Under: CA, CS, CMA |

ICAI Gives Firms Leeway In Reporting Derivative Losses

No need to report if transaction is not speculative. Companies may get to avoid reporting losses on derivative contracts provided they can prove that the transaction was a hedge and not speculative in nature. A recent clarification by the Institute of Chartered Accountants of India (ICAI) regarding disclosure norms for derivative contract...

Read More
Posted Under: CA, CS, CMA |

Guidelines for Appointment of Statutory Auditors in Public Sector Banks

In order to provide more opportunities to eligible audit firms, the existing cycle of four years of continuous statutory central audit in PSBs with compulsory rest of two years will be reduced with prospective effect to a cycle of three years of continuous statutory central audit with compulsory rest of two years. This will be effective f...

Read More
Posted Under: CA, CS, CMA |

Statutory Branch Auditors recommended for appointment in Public Sector Bank 07-08

Information relating to allocation of auditors/audit firms to various public sector banks for the year 2007-08 is hosted on the web-site of RBI. While forwarding names of audit firms, banks are advised that not more than three branches may be allotted per audit firm and that they should endeavor to give assignments to all the auditors to ...

Read More
Posted Under: CA, CS, CMA |

Rotation of audit partners compulsory from '09

In what could be a significant deterrent to corporate frauds, the concept of rotation of partners received a green signal from the apex body for chartered accountants, Institute of Chartered Accountants of India (ICAI), and mandates change of partners after seven consecutive years with a listed company. The step, cleared by ICAI, will be ...

Read More
Posted Under: CA, CS, CMA |