ICSI - Page 73

CA, CS and cost accountants facing disciplinary action can now appeal to specialised appellate tribunal instead of high court

Chartered accountants, company secretaries and cost accountants facing disciplinary action from their professional regulators can now appeal to a specialised appellate tribunal instead of a high court. The appeals will be heard by professionals who have regulatory experience and can deliver speedy decisions, an official in the ministry of...

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Posted Under: CA, CS, CMA |

ICAI, ICWAI & ICSI yet to recognise Limited Liability Partnership

Though the government has initiated the process of registering Limited Liability Partnership (LLP) firms, it would take a while before the chartered accountant (CA), company secretary (CS) and cost accounting firms convert to LLPs. The three regulators — Institute of Chartered Accountants of India (ICAI), Institute of Company Secretarie...

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Posted Under: CA, CS, CMA |

ICSI given clean chit to Satyam company secretaries

The Institute of Company Secretaries of India (ICSI) has given a clean chit to the the company secretaries, G Jayaraman, global head of corporate governance and Savita Jyoti, practicing company secretary of Satyam Computers on their role in the accounting fraud. NK Jain, secretary, ICSI told FE, “On the basis of the investigation done b...

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Posted Under: CA, CS, CMA |

3 Months’ Residential Programme on Professional Skills Development – ICAI

General Management and Communication Skills- Students of this programme would not be required to undergo GMCS course separately. The course duration to be considered as part of Articled Training- Under Explanation (2) to Regulation 59 (7) of the Chartered Accountants Regulations, 1988 participation in the Three Months’ Residential Progr...

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Posted Under: CA, CS, CMA |

ICSI panel to work on corporate governance norms

The Institute of Company Secretaries of India (ICSI) has formed a seven-member committee to look into ways to strengthen corporate governance norms in the aftermath of the Satyam scandal. “The ICSI Council, in its recent meeting, deliberated the matter in detail and constituted a core group consisting seven members to go into the is...

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Posted Under: CA, CS, CMA |

A S Murty appointed as Satyam's new Chief Executive Officer

After a crucial two-day board meet, the six-member Satyam Computer Services board appointed by the government named AS Murty as the new Chief Executive Officer of the beleaguered firm. AS Murty was formerly, Head, Delivery and Leadership Development of Satyam....

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Posted Under: CA, CS, CMA |

Govt to examine a proposal to mandate listed companies to appoint more than one audit firm

The government is likely to examine a proposal to mandate listed companies to appoint more than one audit firm in the wake of the Satyam accounting fraud which has adversely affected the image of Corporate India. In addition, stock market regulator Securities and Exchange Board of India (Sebi) may also be asked to appoint audit […]...

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Posted Under: CA, CS, CMA |

ICSI forms panel to look into corporate governance issues

In response to the ministry of corporate affairs letter to the Institute of Company Secretaries of India (ICSI) to investigate issues related to corporate governance aspect in the Satyam accounting fraud, the ICSI council has constituted a core group to look into the matter....

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Posted Under: CA, CS, CMA |

ICSI seeks report from Satyam’s company secretary

The Institute of Company Secretaries of India has sent a letter to the company secretary of Satyam Computer Services, seeking a report on corporate governance, sources said....

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Posted Under: CA, CS, CMA |

CAs could be barred for lifetime, if found guilty, says ICAI

Apex chartered accountants institute ICAI has so far barred CAs from practising for a maximum of five years in 41 cases, but may ban those involved in auditing Satyam books for life, if found guilty. “We have written to the disciplinary committee of ICAI. If found guilty, CAs involved in Satyam Computer’s auditing could be [&h...

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Posted Under: CA, CS, CMA |

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