Council accepts panel's call to scrap ICAI head's project
Posted Date : 11-Feb-2013 , 08:20:54 am | Posted By CASANSAAR
In a major embarrassment to the Institute of Chartered Accountants of India (ICAI), the regulator for auditors, a Rs 100 crore-plus project initiated by its president Jaydeep Shah in his hometown Nagpur has been rejected by the statutory body's top decision-making body on grounds...
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Exposure Draft: Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11) - (Last date for sending comments: March 20, 2013)
Posted Date : 06-Feb-2013 , 07:37:51 pm | Posted By CASANSAAR
The International Accounting Standards Board (IASB) has published this Exposure Draft of proposed amendments to introduce guidance on the accounting, by a joint operator, for the acquisition of an interest in a joint operation, as defined in IFRS 11 Joint Arrangements, in which the activity of the j...
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Exposure Draft: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (Proposed amendments to IFRS 10 and IAS 28)
Posted Date : 06-Feb-2013 , 07:36:50 pm | Posted By CASANSAAR
The International Accounting Standards Board (IASB) has proposed these amendments to address the issues related to the changes made in IAS 27 Consolidated and Separate Financial Statements (as issued in 2008) as part of the Business Combinations project. Invitation to commentASB invit...
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ICAI |
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Symphony gets ICAI award for excellence in financial reporting for second time
Posted Date : 06-Feb-2013 , 09:38:05 am | Posted By CASANSAAR
Symphony Limited, Ahmedabad-based air cooler manufacturing and marketing company, has won the ICAI award for excellence in financial reporting for the second consecutive years.Symphony was given this award for its annual report for 2010-11. The award was handed over at the Internation...
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Institute of Chartered Accountants of India's Rs 100 crore land deal cancelled
Posted Date : 31-Jan-2013 , 09:14:40 am | Posted By CASANSAAR
The controversial Rs 100 crore land deal that had raised questions on adherence ofcorporate governance norms at the Institute ofChartered Accountants of India (ICAI) has finally been quashed. This may be the first instance of a decision taken by an ICAI presid...
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Institute of Chartered Accountants of India panel divided over strictures against its chief
Posted Date : 29-Jan-2013 , 08:18:40 am | Posted By CASANSAAR
The fact-finding team of Institute of Chartered Accountants of India (ICAI), which is investigating a Rs100 crore land deal involving its president, is said to be divided over the action to be recommended to the central governing body. City-based CA Jaideep Shah is the current pr...
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ICAI |
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CA loses Rs 85 lakh to online lottery scam
Posted Date : 26-Jan-2013 , 10:34:18 am | Posted By CASANSAAR
Falling prey to an online lottery scam, chartered accountant Pankaj Kumar (name changed), 25, transferred nearly Rs 85 lakh to account numbers provided by the cyber criminals, who duped him by showing frivolous dreams having won lottery money of 10 lakh pounds. Now, all his efforts to cont...
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ICAI |
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Indian Bank offers CA topper manager
Posted Date : 25-Jan-2013 , 05:30:21 pm | Posted By CASANSAAR
In one of the rare direct appointment offers made by public sector banks, all-India chartered accountancy exam topper Prema Jayakumar has been offered a manager’s position in Indian Bank.
RARE CASE
Prema’s achievement is creditable as she comes from a family with modest means...
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ICAI |
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0 | Hits : 2124
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Chartered Accountants Not Immortal, Says UK Supreme Court
Posted Date : 25-Jan-2013 , 09:03:12 am | Posted By CASANSAAR
The UK's highest court has decided that chartered accountants are not as secret as lawyers, doctors and priests. City A.M. report that the Supreme Court said they are not protected by the same professional privilege. They are not immortal and in fact do not possess any super powers at all....
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ICAI |
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0 | Hits : 1533
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AP youth becomes India
Posted Date : 25-Jan-2013 , 09:01:07 am | Posted By CASANSAAR
J Rajasekhar Reddy, a visually-impaired man from Guntur, shows the victory sign after becoming India’s first blind CA in Hyderabad on Tuesday. Devnar Foundation correspondent Jyothi Goud is beside him. | A Radhakrishna
The vision to achieve his ch...
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ICAI |
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Salary Scales Tip in Favour of IIMs, not CAs
Posted Date : 24-Jan-2013 , 08:54:08 am | Posted By CASANSAAR
Prema Jayakumar, an auto driver's daughter and an unlikely topper in the Chartered Accountancy (CA) exam results announced on Monday, has simple ambitions. She wants to participate in the campus placements — in February and March — and land a job "in a corporate firm or a good bank". She...
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Result of the Information Systems Audit [ISA] Assessment Test held on 22nd December, 2012 is likely to be declared tentatively on 21st January, 2013
Posted Date : 21-Jan-2013 , 09:03:05 am | Posted By CASANSAAR
IMPORTANT ANNOUNCEMENT 11th January, 2013
The result of the Information Systems Audit [ISA] Assessment Test held on 22nd December, 2012 is likely to be declared tentatively on 21st January, 2013 around 2.00 PM at the Institute’s office at New Delhi.The result of the above Assess...
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ICAI |
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0 | Hits : 856
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GET free of cost 10 unstructured CPE hours on a Self declaration
Posted Date : 19-Jan-2013 , 11:35:41 am | Posted By CASANSAAR
You can get 10 CPE hours after sending a self declaration on prescribed format on the following address:-
To, The Secretary (CPE Committee) The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg New Delhi - 110 002
Last date of sending Self Declaration is 31st. Ma...
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ICAI |
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Friction in ICAI top body over Nagpur land deal, Satyam issue
Posted Date : 15-Jan-2013 , 09:35:48 am | Posted By CASANSAAR
More skeletons tumbled out at the central council meeting of Institute of Chartered Accountants of India (ICAI) on January 11. The members at the helm of the governing body for the profession, which calls itself the 'financial watchdog', hurled charges at each other, alleging vested intere...
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ICAI |
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0 | Hits : 1532
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ICAI tense over move to set up new watchdog
Posted Date : 14-Jan-2013 , 09:28:36 am | Posted By CASANSAAR
Aturf war is brewing in the accounting regulation space, currently governed by the Institute ofChartered Accountants of India (ICAI). A government plan to usurp the two big powers of ICAI — to set accounting standards and take disciplinary action against its 200,000 members...
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Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May / June 2013
Posted Date : 08-Jan-2013 , 09:24:07 am | Posted By CASANSAAR
The Institute intends to draw a Panel from amongst its Members for acting as Observer atthe examination centres in various cities during the Chartered Accountants Examinations tobe held from 2nd to 16th May, 2013 and the Common Proficiency Test to be held on 16thJune, 2013 (Sunday).
...
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ICAI to conduct CPT Exams on 16th June, 2013 in Paper- Pencil Mode
Posted Date : 04-Jan-2013 , 09:11:44 am | Posted By CASANSAAR
The Institute of Chartered Accountantsof India
NOTIFICATION
2nd January, 2013
No.13-CA (EXAM)/CPT/ June/2013: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify th...
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ICAI |
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Recounting demanded by Vinod Jain at NIRC Central Council Voting
Posted Date : 03-Jan-2013 , 09:32:18 pm | Posted By CASANSAAR
It is learnt from sources that CA Vinod Jain ( Ballot No. 10) has claimed recounting of Central Council Votes for NIRC.
Vinod Jain is a sitting Member of Central Council & Lost his Seat in this Election. He was on Position 7th.Recounting may be start today or tomorrow.
CURR...
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NIRC: Central Council Final result. Two sitting council members lost
Posted Date : 03-Jan-2013 , 09:27:51 pm | Posted By CASANSAAR
Here is the final result of the Central Council. While elimination of Vinoj Jain completes, the ranking may change, but the winners remains the same.Pankaj Tyagee and Vinod Jain, two sitting Central Council members lost the elections and couldn't make it again to the council.
Rank...
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ICAI Elections 2012 - Updates on Counting of Votes (CENTRAL REGION)
Posted Date : 01-Jan-2013 , 03:22:10 pm | Posted By CASANSAAR
Central India Regional Constituency (Central Council)
Rank
Name
City
Total
1st Pref Votes
1
FADNIS MANOJ
INDORE
2105
1704
2
GARG VIJAY KUMAR
JAIPUR
2105
1689
3
GOYAL ANUJ
GHAZIABAD
...
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0 | Hits : 7222
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ICAI Elections 2012 - Final Position on Counting of Votes (EASTERN REGION)
Posted Date : 29-Dec-2012 , 09:56:24 pm | Posted By CASANSAAR
Eastern India Regional Constituency (Central Council)
Sr. No.
Name
1
AGRAWAL SUBODH KUMAR
2
BANDYOPADHYAY ABHIJIT
3
GUHA SUMANTRA
Eastern India Regional Constituency (Regional Council)
Rank
...
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ICAI Elections 2012 - Final Position on Counting of Votes (SOUTHERN REGION)
Posted Date : 28-Dec-2012 , 07:54:14 am | Posted By CASANSAAR
SOUTHERN REGION Quota Declared.
The Quota for Regional Council is 1205.
The Quota for Central Council is 2268.
SOUTHERN REGION (SIRC):
Team Central Council - 2013-2015
S.NoNamePLACEStateExisting / NewTerm 2013-2015
2
BABU ABRAHAM KALLIVAYALIL
ERNAKULAM
KL
New
1st
...
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ICAI Elections 2012 - Final Position on Counting of Votes (WESTERN REGION)
Posted Date : 28-Dec-2012 , 07:53:29 am | Posted By CASANSAAR
Western India Regional Constituency (Regional Council)
Final Vote count for everyone in WIRC
Rank
Name
City
Total
1st Pref
1
Parag Raval
Ahmedabad
2067
2067
2
Sushrut Chitale
Mumbai
1555
1555
3...
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0 | Hits : 2395
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Two sitting Regional council members from WIRC lost this election.
Posted Date : 25-Dec-2012 , 06:40:30 pm | Posted By CASANSAAR
Two sitting regional council members lost this election. Ashok Jain and Chandrkant Pawar.
Some Interesting facts of WIRC election
All Shah won the election. Hardik Shah, Shardul Shah, Julfesh Shah, Shruti Shah, Priyam Shah, except Mahesh Shah from Vasai. And all these Shah coming from diff...
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ICAI |
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0 | Hits : 1490
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Extension of last date
Posted Date : 25-Dec-2012 , 08:34:14 am | Posted By CASANSAAR
FOR INFORMATION OF THE MEMBERSSubject: Extension of last date “for complying with the CPE hours requirement for the calendar year 2012” - from 31st December, 2012 to 31st January, 2013
This is for kind information of the members that it has been decided to extend the last date for ...
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ICAI |
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ICAI Elections 2012 - Updates on Counting of Votes
Posted Date : 25-Dec-2012 , 08:22:31 am | Posted By CASANSAAR
Counting Starts with Western India Regional Constituency and Western India Regional Council.
First update of Counting:
Total Postal Ballots received : 338 votes.
15% of total eligible postal ballot voters!
Ballot boxes about to be opened!!! One by one all...
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ICAI |
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0 | Hits : 3301
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ICAI Elections 2012 - Updates on Counting of Votes
Posted Date : 25-Dec-2012 , 08:21:45 am | Posted By CASANSAAR
Western India Regional Constituency (Regional Council)
Update as on 24th December, 2012, Time: 10:00 PM (Click Here)
Western India Regional Constituency (Central Council)
Update as on 23rd December, 2012, Time: 6:00 PM (Click Here)...
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ICAI |
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0 | Hits : 9058
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Report on auditing parties' accounts submitted to EC: ICAI
Posted Date : 22-Dec-2012 , 07:11:26 am | Posted By CASANSAAR
Institute of Chartered Accountants of India (ICAI) has submitted its report to the Election Commission on auditing of accounts of political parties, a top official said on Friday. As per the request of EC, the Institute has made a few suggestions and prepared a report t...
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ICAI |
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0 | Hits : 820
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ICAI team probing land purchase in Nagpur on December 20
Posted Date : 17-Dec-2012 , 08:29:03 am | Posted By CASANSAAR
A fact finding team of Institute of Chartered Accountants of India (ICAI) will visit the 9 acre property at Luxora Township in Pipla on December 20 to probe its purchase for Rs99 crore. The final report is expected to be submitted on December 31.
Jaideep Shah, a Nagpur char...
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CA expected to be diligent & careful in his professional work
Posted Date : 15-Dec-2012 , 07:47:11 pm | Posted By CASANSAAR
A Chartered Accountant has an obligation, not only statutory but also moral and social, to be absolutely and completely diligent and cautious and careful while preparing, signing andcertifying Annual Accounts and/or Audit report. Several Government and private organizations and indivi...
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