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ICAI asked candidates to desist from using the name of the Institute in their election campaign

The Institute’s attention has been drawn today to an SMS purportedly sent from a code source viz. `TM-ICAI ELC’ which tends to give an impression that the same has linkage to the Institute of Chartered Accountants of India and its election in an abbreviated form. It has also been brought to our notice that the concerned message has re...

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Posted Under: CA, CS, CMA | ,

ICAI appealed candidates not to disturb voters much

During the last few days, the number of requests to intervene and bring halt to the issuance of SMSs and emails to voters at large has been on the increase. The general complaint of the voters is that the receipt of enormous mails and SMSs – many a time repeated mails from the same persons causes disturbances to their professional ...

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Posted Under: CA, CS, CMA | ,

ICAI election procedure

Our elections are held on the single ‘transferable vote’ system under which the voter has to indicate his preferences about the candidates by inserting the figures 1, 2, 3 etc against the names of the candidates according to his preference. Some members are under the impression that only the ‘ first’ preference vote has value. Th...

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Posted Under: CA, CS, CMA | ,

Empanel with ROC for Technical Scrutiny of Balance Sheets, COP not required

Further, it may be noted that since technical scrutiny of balance sheet does not involve attestation function, accordingly any Chartered Accountant not holding certificate of practice is also eligible to apply for the subject panel. ...

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Posted Under: CA, CS, CMA |

Verification Status (As on 9 Nov 2009) – Professional Competency Examination June 2009

* Roll Numbers of candidates where no change in marks found click Here All these candidates are being intimated by post. * Roll Numbers of candidates where change in marks found but there is no change in result or exemption in applied papers found click Here Revised Mark Sheet is being sent....

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Posted Under: CA, CS, CMA | ,

ICAI extended due date for completion of 100 Hours IT training (09-11-2009)

Removing difficulties being faced by the students for successfully completing 100 Hours Information Technology Training before the commencement of May, 2010 Professional Competence Examination/Integrated Professional Competence Examination....

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Posted Under: CA, CS, CMA |

ICAI to issue fresh notice to PriceWaterhouse, Delhi after Delhi High Court objection

Accounting regulator ICAI on Wednesday said it will issue fresh notices to PriceWaterhouse, Delhi, in relation to the Satyam scam after the Delhi High Court objected to its action against the firm without any evidence that it was related to PW, Bangalore, the statutory auditors of scam-hit company. ...

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Posted Under: CA, CS, CMA |

Form for Intimating the ICAI about Engagements Accepted (after submission of Multipurpose Empanelment Application Form for the Year 2009-10

Association of the concern/any partner/proprietor with Public Sector Banks as Concurrent / internal / income and expenditure or revenue auditor/ stock auditor/ auditor of borrowers accounts etc. (other than as Statutory Bank Branch Auditors and Central Statutory Auditors)....

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Posted Under: CA, CS, CMA |

ICAI and audit firms against the power given to public sector banks to choose there own statutory auditor

The extra freedom given to the 26 public sector banks from this year to choose their statutory auditors has auditing companies — both those chosen and those left out — restive. They have approached the Union finance ministry and the Prime Minister’s Office to say that the decision will affect the quality of audits....

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Posted Under: CA, CS, CMA |

Special court in Hyderabad for trial of the Satyam scam

A special court will be established in Hyderabad for the trial of the Satyam scam. The decision has been taken as per the recommendations of the AP High Court and the Deputy Inspector General of the Central Bureau of Investigation at Hyderabad. Ever since the chargesheet was filed against Satyam founder-chairman B Ramalinga Raju and other...

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Posted Under: CA, CS, CMA |