The Council, accordingly, decided to amend paragraph 80 of the Statement on CARO, 2003 as follows: 80. There may be situations where one or more of the clauses are not applicable. For example, the requirement regarding internal audit system does not apply in case of all the companies.
New President and Vice President of the Institute of Company Secretaries of India (ICSI) for 2014 CS R. Sridharan, a Fellow Member of the Institute has been elected uncontested as PRESIDENT of the Institute of Company Secretaries of India (ICSI) w.e.f 7th February, 2014. CS Vikas Y. Khare also a Fellow Member of the Institute […]
Letter reporting discrepancies, if any, falling within the scope of Regulation 39(4) BY REGISTERED/SPEED POST Shri G Somasekhar Additional Secretary (Exams) The Institute of Chartered Accountants of India ICAI Bhawan Indraprastha Marg, New Delhi – 110002 Sir I have received certified copy/ies of the papers __________________________ of Intermediate (IPC)/Final Examination held in __________________________ bearing Code […]
I take this opportunity to thank all the members and stakeholders for gathering adequate support in favor of the Cost Accounting Records, Cost Audit and for modification of the draft Companies (Cost Records and Cost Audit) Rules, 2013 so that the professionals and the profession could contribute its expertise for the cause of the society and I sincerely look forward for your continued support for the cause of the profession.
With effect from February 12, 2014, functionality of furnishing the foreign remittance details in Form 15CA will be available on the e-filing portal of Income Tax Department . Contact e-filing portal 1800 4250 0025 for more details. Source- https://www.tin-nsdl.com/
Result of Chartered Accountants Intermediate (IPC) Examination held in November, 2013 declared. The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Intermediate (IPC) Examination held in November, 2013. The top three rank holders on all India basis of Chartered Accountants Intermediate (IPC) Examination held in November, 2013 are from […]
Net Stable Funding Ratio (NSFR) is one of the two new liquidity ratios introduced by the Basel Committee on Banking Supervision (BCBS) after the financial crisis that began in 2007. NSFR defined as percentage ratio of available stable fund to required stable fund divulges liquidity risk in medium and longer term horizon and should be greater than 100.
Application for Internal Audit 2014-15 Sealed and separate applications are invited from Cost Accountants’ Firm, having minimum of 4(four) Partners who are in full time practice for conducting the Internal Audit of the Head Quarters of the Institute at Kolkata and Delhi for the FY 2014-15, mentioning following details of the Firm :
SEBI vide circular dated November 6, 2009 introduced the concept of the ‘Authorized Person’ (AP) facilitating registered stock brokers of stock exchanges to provide access to clients through these Authorised Persons. The role of the AP is akin to the role of sub broker like assisting the investors in buying, selling or dealing in securities through stock-brokers. The AP is required to be approved only by stock exchange and does not require registration with SEBI.
These ITR utilities are developed using the latest JAVA technology and effort has been made to make it user friendly, simpler and faster preparation/submission of tax returns. It is recommended to stay connected to internet to experience the refreshingly new utility. Please check for new updates before starting to enter the data.