New President & Vice President of ICAI
Posted Date : 13-Feb-2014 , 01:21:22 pm | Posted By CASANSAAR
CA. K. Raghu has been elected as new President & CA. Manoj Fadnis as new Vice President for the year 2014-15. Get to know these eminent luminaries of our profession, click on the link for their profile.
CA. K. RaghuPresident(Profile)
CA. Manoj FadnisVice-Presi...
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ICAI moots changes in accounting standards for more transparency
Posted Date : 24-Jan-2014 , 08:46:56 am | Posted By CASANSAAR
In order to bring in greater transparency and clarity in financial reporting by India Inc, a slew of changes to the Indian Accounting Standards (Ind AS) has been mooted with respect to the presentation of financial statements, interim financial reporting and financial instruments.
These cha...
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ICAI |
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May support for Congress if it accepts Banking Transaction Tax: Ramdev in a Seminar organised by ICAI
Posted Date : 20-Jan-2014 , 08:48:53 am | Posted By CASANSAAR
Yoga Guru Ramdev today said he may support Congress in the upcoming Lok Sabha polls provided the party supports his proposal to replace all taxes with single tax on bankingtransactions.
"..If Congress accepts our proposal of single window taxation and single tax we wi...
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Adnan Sami Night - Personal Function of Chairman CMII or Function of ICAI CMII Committee
Posted Date : 12-Jan-2014 , 12:41:24 pm | Posted By CASANSAAR
CMII organised 7th ICAI award function, followed by Adnan Sami Night at Sri Fort Auditorium on 11th January, 2014. Our Correspondent has reported that it seemed a PERSONAL FUNCTION OF CHAIRMAN CMII RATHER THEN FUNCTION OF ICAI CMII COMMITTEE.
It appears in the name of the function for membe...
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Get FREE Regular Professional Updates via email / BBM from CASANSAAR
Posted Date : 08-Jan-2014 , 09:05:56 am | Posted By CASANSAAR
Now receive email / BBM alerts on the go from CASANSAAR.COM. This free subscription will entitle you to faster complete updates. Receive Professional, Tax and Career related updates in your mobile / email inbox and stay ahead in your professional life.Some features CASANSAAR SMS / ema...
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ICAI |
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Convocation for newly qualified Chartered Accountants at New Delhi by NIRC
Posted Date : 02-Jan-2014 , 10:04:07 am | Posted By CASANSAAR
We are pleased to inform you that the Institute of Chartered Accountants of India is organizing Convocation 2013 at Delhi to distribute Certificates of Membership to the newly enrolled members of the Institute from membership number 526761 to 533317, with a view to promote professional camaraderie a...
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ICAI |
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President of the ICAI to Head the South Asian Federation of Accountants (SAFA)
Posted Date : 01-Jan-2014 , 08:39:56 pm | Posted By CASANSAAR
Shri Subodh Kumar Agrawal, President, The Institute of Chartered Accountants of India (ICAI) has been appointed as the President of the South Asian Federation of Accountants (SAFA) for the year 2014 w.e.f. today. He was the Vice-President of SAFA for the year 2013. Having passionately represent...
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ICAI |
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Lawyers wants Authorisation to Sign and furnish Tax Audit Certificates / Reports
Posted Date : 01-Jan-2014 , 08:40:57 am | Posted By CASANSAAR
Opening up a money-spinning career proposition for lawyers in the country, the Bar Council of India (BCI) has written to the Union ministry of finance and tax authorities such as Central Board of Direct Taxes (CBDT) that lawyers must be authorised to sign and furnish tax audit certificates/reports, ...
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ICAI |
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Extension of last date for compliance of CPE hours requirement is extended upto 31.3.2014
Posted Date : 31-Dec-2013 , 07:00:37 pm | Posted By CASANSAAR
The last date for compliance of CPE HOURS requirements for the block period 2011-2013 is extended upto 31.3.2014.
Secretary,
CPE Committee.
ICAI...
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ICAI land deal: No more probe against Past President
Posted Date : 30-Dec-2013 , 08:32:07 am | Posted By CASANSAAR
President of Institute of Chartered Accountants of India (ICAI), Subodh Agrawal, has strongly ruled out the chance of any further probe against the organization's former chief Jaideep Shah in the controversial Rs100 crore land deal at Pipla on the city's outskirts.
Shah, who preceded Agra...
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Country always Faces shortage of Chartered Accountants - ICAI President
Posted Date : 29-Dec-2013 , 05:12:44 pm | Posted By CASANSAAR
Expressing concern over shortage of CAs, the Institute of Chartered Accountants of India (ICAI) today said it has initiated a slew of measures, including improving of infrastructure to attract bright minds, to build their career in the profession. "Presently the country has around 2.25 lakh CAs...
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New Companies Law a Challenge for Auditors - ICAI
Posted Date : 28-Dec-2013 , 07:38:06 am | Posted By CASANSAAR
The restriction on auditors has increased manifold after the Satyam episode. While there have been some lapses, all of them cannot be attributed to auditors, according to S Santhanakrishnan, Chairman, Corporate Laws & Corporate Governance Committee, Institute of Chartered Accountants of In...
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ICAI |
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0 | Hits : 1920
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Chartered Accountant's bank account hacked, Rs 3 lakh withdrawn
Posted Date : 19-Dec-2013 , 08:47:04 am | Posted By CASANSAAR
The crime branch is investigating the hacking of a chartered accountant's bank account from which the fraudster withdrew Rs 3 lakh. Police said the victim, Diwakar Vaish from Noida, said his phone SIM card was reissued using fake documents. "His SIM card was blocked so he could not get an SMS a...
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ICAI |
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Cyber Fraud with Practicing Chartered Accountant
Posted Date : 14-Dec-2013 , 06:39:00 pm | Posted By CASANSAAR
CYBER FRAUD WITH PRACTICING CHARTERED ACCOUNTANT BY HACKING HIS ID AND PASSWORD AND FILING OF FORM 3CB-3CD USING THIS ID...
WHAT SHOULD BE THE ROLE OF CENTRAL LEADERSHIP IN THIS MATTER?
A Case of Cyber Fraud is repoted in the Dainik Jagran of 14th December, 2013. In ...
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ICAI |
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Fraud detection is now responsibility of CAs - President, ICAI
Posted Date : 14-Dec-2013 , 08:21:56 am | Posted By CASANSAAR
The Companies Act 2013 has placed the onus of detection of financial fraud on the auditors (chartered accountants) and therefore the CAs should measure up to the challenge in the changed scenario, according to Subhodh Kumar Agarwal, president of the Institute of Chartered Accountants of India (ICAI)...
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Result of the Information Systems Audit [ISA] Assessment Test held on 30th November, 2013 is likely to be declared on 15th December, 2013
Posted Date : 13-Dec-2013 , 03:05:28 pm | Posted By CASANSAAR
December 12, 2013
The result of the Information Systems Audit [ISA] Assessment Test held on 30th November, 2013 is likely to be declared on 15th December, 2013 around 8 PM at the Institute’s office at New Delhi.The result of the above Assessment Test will be available on the Insti...
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Audit reports of banks signed by deceased Chartered Accountants - Regulators
Posted Date : 11-Dec-2013 , 08:49:27 am | Posted By CASANSAAR
Regulators suspect the audits of several banks to be out of this world— not because of their high quality but because they are signed by deceased accountants.The authorities, who claim they are gravely concerned, will discuss the problem at the next meeting of the Financial Stability Developme...
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ICAI |
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Clarification on Applicability of CPE hours requirement for the new members enrolled for the first time during the block of three years 1.1.2011 to 31.12.2013
Posted Date : 09-Dec-2013 , 01:43:37 pm | Posted By CASANSAAR
1. As per the Statement on CPE a member is exempted only for the particular calendar year during which he gets his membership for the first time.2. For Example: members enrolled at any point of time during the Calendar year 2011 (1st January-31st December, 2011) are exempted for the Calen...
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ICAI |
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ICAI invites applications from highly competent candidates for the position of SECRETARY
Posted Date : 03-Dec-2013 , 03:21:18 pm | Posted By CASANSAAR
ICAI, the second largest accounting body in the world, set up by an Act of Parliament, is looking for a high profile and multi-faceted personality with leadership qualities, excellent communication, interpersonal and motivational skills for the position of Secretary. This is an EXCELL...
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Get Free of cost 10 unstructured CPE hours on a Self declaration
Posted Date : 27-Nov-2013 , 08:27:52 am | Posted By CASANSAAR
One can claim the CPE hours by filing a Self Declaration Form with the ICAI after the end of every calendar year. Current Block for Compliance of CPE Hour is from 01.01.20111 to 31.12.2013. Members who have not filed self deceleration for Calendar Year 2011 & 2012 can al...
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Current spate of financial crises has reinforced role of auditors' - Pranab Mukherjee
Posted Date : 22-Nov-2013 , 08:17:09 am | Posted By CASANSAAR
President Pranab Mukherjee on Thursday said that the current economic environment poses many issues in the financial and accounting world, and added that the chartered accountants have an important role to play in advising the management as well as users of financial statements.
...
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CA institute acts against 2 senior partners of Lodha & Co
Posted Date : 21-Nov-2013 , 08:45:22 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India has ordered the removal of Harsh Vardhan Lodha and Aditya Lodha from the member-rolls of the institute for three months on grounds of professional misconduct.
The two are senior partners of chartered accountant firm Lodha & Co. Harsh Vardh...
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Exposure Draft on Investment Entities (Amendments to Ind AS 110, Ind AS 112 and Ind AS 27)
Posted Date : 15-Nov-2013 , 08:33:35 am | Posted By CASANSAAR
The ICAI has issued this exposure draft on Investment Entities which includes amendments to Ind AS 110 Consolidated Financial Statements, Ind AS 112 Disclosure of Interests in Other Entities and Ind AS 27 Separate Financial Statements. The exposure draft is open for public commen...
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Change in the date of Holiday by ICAI on the occasion of Muharram - 15th November, 2013
Posted Date : 13-Nov-2013 , 04:58:03 pm | Posted By CASANSAAR
No. ICAI / HRD(P)/35/2013
...
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ICAI Invites Suggestions for Pre-Budget Memorandum-2014
Posted Date : 08-Nov-2013 , 03:31:53 pm | Posted By CASANSAAR
The Direct Taxes Committee, Indirect Taxes Committee & Committee on International Taxation of ICAI are in the process of identifying issues for inclusion in the Pre-Budget Memoranda- 2014 to be submitted to the Ministry of Finance. Suggestions are invited on laws relating to Direct Taxes...
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All is not well with ICAI, HC notice to CBI, CVC on charges of irregularities in ICAI
Posted Date : 02-Nov-2013 , 08:34:35 am | Posted By CASANSAAR
Observing that all was not well with the functioning of the Institute of Chartered Accountants of India (ICAI), Madras High Court today ordered issue of notice to the CBI and Central Vigilance Commission on a petition alleging financial irregularities by the office-bear...
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Application Form for the Information Systems Audit (ISA) Assessment Test
Posted Date : 30-Oct-2013 , 12:25:48 pm | Posted By CASANSAAR
Application Form for the Information Systems Audit (ISA) Assessment Test – November, 2013 [Last Date-12th November, 2013]
Online Application Form
Hard Copy Application Form
Source :- ICAI...
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Will The NFRA Eclipse The ICAI?
Posted Date : 30-Oct-2013 , 08:42:39 am | Posted By CASANSAAR
Ten years ago the Enron scam prompted the Sarbanes Oxley Act with measures to improve governance standards in corporate America and so was born the Public Company Accounting Oversight Board. PCAOB oversees the audits of public companies, has 2363 accounting firms registered with it, a staff of ...
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Will ICAI take action against Vice-Chairman of NIRC on Complain of Professional Misconduct?
Posted Date : 29-Oct-2013 , 08:44:04 am | Posted By CASANSAAR
A Complaint for Professional Misconduct and abuse of official position has been filed with the Secretary ICAI, against CA. Raj Chawla, presently NIRC Vice-Chairman. Since last several months Mr. Chawla is grossly violating the code of conduct for the professionals.
Secretary ICAI, has ackno...
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64th Annual Report and Accounts of the Institute for the year 2012-2013
Posted Date : 18-Oct-2013 , 03:34:22 pm | Posted By CASANSAAR
17th October, 2013
64th Annual Report and Audited Annual Accounts of the Institute for the year 2012 - 2013.
In accordance with the provisions as contained in sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Accounts of the Institute fo...
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