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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : ICAI

CA is one professional who has to keep awake even if others sleep - Narendra Modi
Posted Date : 30-Jun-2013 , 08:34:43 am | Posted By CASANSAAR

Gujarat Chief Minister Narendra Modi called upon the chartered accountants to make Indian social and economic conditions stronger with the help of their professional skill. He also asked them to free India from the malaise of black money.   Inaugurating the Chartered Accountants Students Nati...

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Category : ICAI | Comments : 0 | Hits : 2289

ICAI councils fight shy of transparency clause
Posted Date : 28-Jun-2013 , 08:38:41 am | Posted By CASANSAAR

Two regional bodies within Institute ofChartered Accountants of India (ICAI), the apex body of chartered accountants supposed to enforce transparency in financial world, have shown themselves wary of similar transparency. They steered clear of a proposal to impose a disclosure norm for their el...

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Category : ICAI | Comments : 1 | Hits : 1259

CA Day Celebrations of the ICAI - 1st July, 2013
Posted Date : 27-Jun-2013 , 08:39:02 am | Posted By CASANSAAR

ICAI celebrates its Foundation Day as the Chartered Accountants’ Day on 1st July every year. This year, the Chartered Accountants’ Day Celebrations of the ICAI will be held at 4.00 P.M. on 1st July, 2013 in the `Plenary Hall’, Vigyan Bhawan, New Delhi. H...

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Category : ICAI | Comments : 1 | Hits : 1447

CA seeks injunction on regional body meeting
Posted Date : 26-Jun-2013 , 07:17:39 am | Posted By CASANSAAR

Chartered accountant Arun Anandagiri has sought an injunction (compulsory relief) on the annual general meeting of the Western India Regional Council (WIRC) of Institute of Chartered Accountants of India (ICAI) scheduled to take place in Mumbai on Thursday. Anandgiri has fi...

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Category : ICAI | Comments : 0 | Hits : 990

Fake CA's revenge: Files dodgy returns
Posted Date : 22-Jun-2013 , 08:38:36 am | Posted By CASANSAAR

Crime branch's cyber cell arrested a man, Jagat Parikh, on Friday for filing fakeincome tax returns on behalf of BJ Medical College. On interrogation he revealed that he used to have the contract to file IT returns on behalf of the institute for two years. He tried to frame the institute by fil...

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Category : ICAI | Comments : 0 | Hits : 2228

Memorandum to the President of ICAI on some of the issues challenging the Profession
Posted Date : 18-Jun-2013 , 01:50:56 pm | Posted By CASANSAAR

Respected Sir,   It is a matter of great pleasure for all of us that you are visiting our Faridabad Branch on 19th June, 2013. We are eagerly waiting for the day, for having a live interaction with you. Being unsure, whether Branch Chairman will permit us to give you this memorandum in person...

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Category : ICAI | Comments : 13 | Hits : 2752

ICAI clarification regarding news on Bank Branch Audit Limit.
Posted Date : 13-Jun-2013 , 12:36:52 pm | Posted By CASANSAAR

June 12, 2013   ICAI PRESS RELEASE   The Institute of Chartered Accountants of India (ICAI) woild like to clarify that the present limit for Statutory Bank Branch Audit is still Rs. 20 crore (of advances) and not Rs. 50 crore as being erroneosly reported in some sections of the media. ...

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Category : ICAI | Comments : 3 | Hits : 3247

ICAI to set up 'accountancy museum' in 25 cities
Posted Date : 10-Jun-2013 , 08:39:40 am | Posted By CASANSAAR

For better documentation and archiving in accountancy and audit, the Institute of Chartered Accountancy of India (ICAI) will set up "accountancy museums" in 25 cities across the country.  ICAI, which already has such a museum at Noida on Delhi's outskirts, will now hav...

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Category : ICAI | Comments : 0 | Hits : 1202

ICAI raises concern over higher limit for bank branch audits
Posted Date : 03-Jun-2013 , 08:36:31 am | Posted By CASANSAAR

Accounting watchdog ICAI has raised concerns over higher threshold limit for bank branches with regard to mandatory audit of their books, asserting that many more of them would be out of the auditing purview. It is seeking the lowering of the limit. "The threshold limit for annual sta...

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Category : ICAI | Comments : 1 | Hits : 1798

ICAI seeks info on companies being probed for fraud schemes
Posted Date : 02-Jun-2013 , 01:19:29 pm | Posted By CASANSAAR

To ascertain whether there have been any auditing lapses, accounting watchdogInstitute of Chartered Accountants of India (ICAI) has sought information from serious fraud investigation office (SFIO) on more than 50 companies that are being probed for duping investors through fraudulent...

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Category : ICAI | Comments : 0 | Hits : 727

NIRC are Organising Convocation for non NCR Members at Chandigarh
Posted Date : 01-Jun-2013 , 08:55:26 am | Posted By CASANSAAR

The Northern Regional Office of ICAI is arranging Convocation – 2013 on 8th June, 2013 for the Non NCR Members enrolled during the month of March, 2012 to August, 2012.  Scripts of Certificate of Membership and Certificate of Practice will be distributed in the presence of ...

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Category : ICAI | Comments : 0 | Hits : 1211

Invitation for Part-time Project Directors/Project Managers in various Projects of the Accounting Standards Board of the ICAI
Posted Date : 31-May-2013 , 05:18:24 pm | Posted By CASANSAAR

The Accounting Standards Board of the Institute of Chartered Accountants of India undertakes projects involving formulation of specific Accounting Standards/Indian Accounting Standards, Study of the impact of the Accounting Standards/Indian Accounting Standards and alli...

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Category : ICAI | Comments : 0 | Hits : 835

Exposure Draft of Excel Template of Taxonomy for Life Insurance Companies and General Insurance Companies - ICAI
Posted Date : 30-May-2013 , 03:20:54 pm | Posted By CASANSAAR

EXPOSURE DRAFT OF EXCEL TEMPLATE OF TAXONOMY FOR LIFE INSURANCE COMPANIES AND GENERAL INSURANCE COMPANIES While the filing of the financial statements in XBRL format had begun for certain categories of companies, Insurance Companies were kept outside the purview of XBRL mandate owing to...

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Category : ICAI | Comments : 0 | Hits : 725

ICAI invites applications from highly competent candidates for the positions of Secretary, Technical Director, Director (Taxation), Academic & Technical Resources at all levels
Posted Date : 28-May-2013 , 02:26:27 pm | Posted By CASANSAAR

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(Premier professional body set up by an Act of Parliament)ICAI Bhavan, Indraprastha Marg, Post Box No. 7100, New Delhi 110 002. Advt. No. ICAI/Rectt./06/2013 ICAI invites applications from highly competent candidates for the positions of...

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Category : ICAI | Comments : 0 | Hits : 1465

MoU Signing Ceremony between the ICAI and Avinashilingam Institute for Home Science and Higher Education for Women at 11.30 A.M on May 28,2013
Posted Date : 28-May-2013 , 08:45:56 am | Posted By CASANSAAR

We would like to inform all the stakeholders that the Institute is signing a Memorandum of Understanding (MoU) with Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore. The MoU would enable Women Chartered Accountants to pursue the Ph.D programme from the above Unive...

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Category : ICAI | Comments : 0 | Hits : 743

Chit fund auditors under Corporate Affairs Ministry scanner
Posted Date : 23-May-2013 , 08:53:26 am | Posted By CASANSAAR

The ministry of corporate affairs is examining the role of auditors of the chit fund companies that are under its scanner for allegedly duping depositors even as theInstitute of Chartered Accountants of India (ICAI), the accounting regulator, has called for audit records of all the deposit taki...

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Category : ICAI | Comments : 2 | Hits : 1132

Supreme Court dismisses ICAI
Posted Date : 22-May-2013 , 10:15:33 am | Posted By CASANSAAR

SUPREME COURT OF INDIA RECORD OF PROCEEDINGS CIVIL APPEAL NO(s). 7208-7209 OF 2005 INST.OF CHARTERED ACCOUNTANTSOF INDIA VERSUS K. BHAGAVATHEESWARAN & ANR. (With office report) Date: 01/04/2013 These Appeals were called on for hearing today. CORAM : HON’BLE DR. JUSTICE B...

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Category : ICAI | Comments : 2 | Hits : 5176

Request to Share Contact Details of ICAI Members in Entrepreneurship & Public Services
Posted Date : 17-May-2013 , 05:13:30 pm | Posted By CASANSAAR

The ICAI proudly acknowledges professional achievements of its members in Entrepreneurship and Public Service. ICAI has constituted a special committee, the“Committee for Members in Entrepreneurship & Public Services” to recognize their contribution to the economy as a w...

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Category : ICAI | Comments : 0 | Hits : 998

Request for Information: Rate Regulation - (Last date for sending comments: May 28, 2013) - ICAI
Posted Date : 16-May-2013 , 05:33:58 pm | Posted By CASANSAAR

The International Accounting Standards Board (IASB) has issued this Request for Information document with an objective of to identify a range of rate regulatory schemes to help determine the scope of the Rate-regulated Activities research project. Invitation to commentASB invites comments on th...

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Category : ICAI | Comments : 0 | Hits : 750

Cobrapost impact: Bank Audits set to get tougher
Posted Date : 16-May-2013 , 08:20:54 am | Posted By CASANSAAR

The Reserve Bank of India (RBI) and the government could look at reinstating audit system even in “smaller” branches with advances below Rs. 20 crore following rampant violation of know your customer (KYC) norms by banks revealed by investigative website Cobrapost. Large num...

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Category : ICAI | Comments : 1 | Hits : 1647

Application form for the ISA-AT scheduled on 22nd June, 2013
Posted Date : 16-May-2013 , 08:20:34 am | Posted By CASANSAAR

Download the Application Form   Apply Online for ISA-AT, June 2013   Please visit the site  http://isaat.icaiexam.icai.org to apply for Information Systems Audit (Isa) Course Assessment Test - June 2013   Source :- ICAI.ORG....

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Category : ICAI | Comments : 0 | Hits : 1003

ICAI revises fees for all GMCS Course(s)
Posted Date : 15-May-2013 , 08:30:24 am | Posted By CASANSAAR

Revision of Fee for all GMCS Course(s) 13th May, 2013   The Council at its 324th Meeting held in April, 2013 decided that with effect from 1st July, 2013 fee for the General Management and Communication Skills (GMCS) Course i.e. existing GMCS Course, GMCS – I and GMCS –...

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Category : ICAI | Comments : 0 | Hits : 3137

Balaji Telefilms
Posted Date : 15-May-2013 , 08:26:21 am | Posted By CASANSAAR

Gaurav, who has been working with Ekta Kapoor’s production house for three years now, claims he has been threatened for reporting the firm’s malpractices   Ekta Kapoor, and her parents, Jeetendra and Shobha Kapoor have been caught in a legal turmoil for quite some time now. Last m...

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Category : ICAI | Comments : 0 | Hits : 2609

Standard Audit scheme soon
Posted Date : 14-May-2013 , 08:39:27 am | Posted By CASANSAAR

In a bid to bring more transparency to the  Mahatma Gandhi National Rural Employment Guarantee Act, The Institute of Chartered Accountants of India are evolving standards to audit the scheme in 2.5 lakh villages. Addressing a press conference here on Friday, president of ICAI Subodh Kumar Agarw...

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Category : ICAI | Comments : 0 | Hits : 1041

ICAI plans to audit rural job scheme
Posted Date : 11-May-2013 , 08:54:52 am | Posted By CASANSAAR

In a move to usher in more transparency in Mahatma Gandhi National Rural Employment Guarantee Act, the Institute of Chartered Accountants of India (ICAI) will evolve standards to audit the scheme in 2.5 lakh villages, said ICAI president, Subodh Kumar Agarwal on Friday.   Briefing reporters, ...

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Category : ICAI | Comments : 1 | Hits : 1474

Result of the Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI on Sunday 24th March, 2013
Posted Date : 10-May-2013 , 06:17:52 pm | Posted By CASANSAAR

Result of the Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI on Sunday 24th March, 2013. Ahmedabad Baroda Chennai Ernakulam Mumbai New Delhi Pune Trivandrum ...

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Category : ICAI | Comments : 0 | Hits : 824

One Nation, One Profession, One Convocation
Posted Date : 08-May-2013 , 07:25:48 am | Posted By CASANSAAR

CASANSAAR Team has received a lot of request and representation on the ongoing drama on the Convocation being organised by the ICAI through its various Regional Councils.   It not hidden fact that younger member of the ICAI are not happy with the mother body of the profession. Again the half...

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Category : ICAI | Comments : 0 | Hits : 2594

Restriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the ICAI
Posted Date : 07-May-2013 , 03:46:05 pm | Posted By CASANSAAR

For attention of Members and StudentsRestriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the Institute  As you are aware, the Council of the Institute, under Regulation 65 of the Chartered Accountants Regulations, 1...

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Category : ICAI | Comments : 1 | Hits : 1805

PSU banks stop hiring from B-Schools/CAMPUS after court order
Posted Date : 05-May-2013 , 08:32:19 am | Posted By CASANSAAR

Public sector banks are now planning to appeal in the Supreme Court against the restriction imposed on hiring from business schools. A recent ruling by the Bombay High Court had said restrained campus recruitment for appointment of officers by Central Bank of India. M V Tanksale, chairman and manag...

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Category : ICAI | Comments : 0 | Hits : 1445

Rohtak-based Chartered Accountant ranked Fifth in the Civil Services examination.
Posted Date : 04-May-2013 , 08:30:34 am | Posted By CASANSAAR

Sending a strong message to the Haryanvi society which is known for its obsession towards the male child, daughter of a Rohtak-based chartered accountant ranked fifth in the civil services examination.  Ruchika Katyal's achievement has brought laurels to Mansarovar locality, and people are cel...

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Category : ICAI | Comments : 0 | Hits : 2637

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