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Application for Empanelment for Audit of Co-Operative Banks

Empanelment Form For Allotment Of Cooperative Bank Audit Panel Of Auditors For Audit Of Urban Cooperative Banks Having Deposit Exceeding Rs.25 Crores....

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Posted Under: CA, CS, CMA |

Compliance Of CPE Credit Hours For The Calendar Year 2008

Members holding Certificate of Practice (except those members who are residing abroad and senior members), unless exempted are required to (a) Complete at least 90 CPE credit hours in each rolling three year period starting from the calendar year 2008, of which 60 CPE credit hours should be of structured learning....

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Posted Under: CA, CS, CMA |

Satyam's Buyback Plan is a Ploy to Take Away Funds

Ramalinga Raju’s problems just don’t seem to end. After the unprecedented furore over Satyam Computers’ aborted plan to buy into Maytas Infrastructure and Maytas Properties — controlled by the Raju family — for a whopping $1.6 billion, the UK-based Upaid Systems has alleged that Satyam’s buyback proposal is yet another ploy to...

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Posted Under: CA, CS, CMA |

CAs to be restricted from taking non-audit work

The government will be preventing Chartered Accountants from offering consultancy and advisory services to the companies which hire them for auditing their accounts. This is being done to lend greater credibility to company accounts. The statutory auditors, who vet the financial accounts of a company, will be restricted from providing the...

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Posted Under: CA, CS, CMA |

ICAI to Help Indian Railways to Upgrade Accounting Practices

Apex chartered accountant institute ICAI will help the 155-year-old Indian Railways upgrade its accounting practices. "We will help the Railways upgrade its accounting system and make it look like a corporate account, fully based on accrual accounting system," Institute of Chartered Accountants (ICAI) President Ved Jain told PTI....

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Posted Under: CA, CS, CMA |

Announcement for Application/ Request for Grant of Accounting Technician Certificate – ICAI

This is to inform that as per amendment carried to the regulations vide notification dt 3rd December,2008 all such students who have passed either PE-II or Intermediate Exam and has completed the article training are eligible for grant of Accounting Technician Certificate on making an application . Accordingly all such eligible person are...

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Posted Under: CA, CS, CMA |

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 |