ICAI President's Message - December 2012
Posted Date : 01-Dec-2012 , 08:00:19 am | Posted By CASANSAAR
Dear Friends,
To begin with, let me first convey, on behalf of our accounting fraternity, heartiest congratulations to the Hon’ble Shri Sachin Pilot for taking over as new Union Minister of Corporate Affairs (Independent Charge). Known for his youthful, energetic and dyn...
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ICAI clarifies on Nagpur land Deal
Posted Date : 28-Nov-2012 , 08:33:05 am | Posted By CASANSAAR
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Facts on the proposed project of Centre of Excellence at Nagpur
This Statement of Facts as regards Centre of Excellence (COE) project at Nagpur is being issued for the general information of members in view of the ongoing di...
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ICAI invites applications from highly competent candidates for the position of Joint Secretary (HUMAN RESOURCES)
Posted Date : 27-Nov-2012 , 10:45:31 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 Joint Secretary (Human Resources). This is ...
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ICAI chief in the dock for Rs 100 crore land deal
Posted Date : 24-Nov-2012 , 08:58:39 am | Posted By CASANSAAR
A land deal worth Rs 100 crore involving the Institute of Chartered Accountants of India ( ICAI) has landed its president Jayadeep Narendra Shah in a spot. Shah, a native of Nagpur, signed a deal for purchasing a nine-acre plot in that city for setting up a study centre of the institu...
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Exposure Draft of Elements Specific for Power Sector Companies for Inclusion in C&I Taxonomy.
Posted Date : 20-Nov-2012 , 08:24:05 pm | Posted By CASANSAAR
Extensible Business Reporting Language (XBRL) India has issued the following Exposure Draft on Power Sector specific elements to be included in the taxonomy for filing of the Annual Financial Statements XBRL for power companies. These elements shall be included in the base taxonomy i.e. C&I...
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ISA - AT 22nd December 2012 Examination Form
Posted Date : 14-Nov-2012 , 10:14:02 pm | Posted By CASANSAAR
Date of Examination : Saturday, 22 December, 2012
Timings of Examination : 10.30 a.m. to 2.30 p.m. (IST)
Cost of Application Form: Rs. 100/-
Examination Fee : Rs. 1000/- (Rupees One Thousand Only)
Last Date : 30 November, 2012
CLICK HERE TO DOWNLOAD FORM...
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ICAI President's Message - November 2012
Posted Date : 31-Oct-2012 , 06:58:42 pm | Posted By CASANSAAR
Dear Friends,
Accountancy profession in India has grown big not because it has come across a multitude of decades, but because it has had a glorious eventful past that we can take pride on while reflecting on its curve of growth. Our first Prime Minister Jawaharlal Nehru had s...
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Authority upholds ICAI order against 2 Satyam auditors
Posted Date : 31-Oct-2012 , 08:32:20 am | Posted By CASANSAAR
The Appellate Authority for chartered accountants has upheld the ICAI's decision to bar two auditors -- P Sivaprasad and Chintapatla Ravindernath -- for professional misconduct in auditing the books of erstwhile Satyam Computer Services.
The founder chairman of Satyam Computer B Ramalinga R...
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Chartered Accountant Given Life Term For Creating Mid-Air Hijack Scare In 2009
Posted Date : 31-Oct-2012 , 08:20:14 am | Posted By CASANSAAR
A chartered accountant was sentenced to life imprisonment by a court here for triggering a mid-air hijack scare in February 2009 by claiming aboard a Goa-Delhi Indigo airlines flight that he had infected needles and a gun.
"The accused Jitender Kumar Mohla is awarded life imprisonment und...
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ICAI:UAE banks exhibit healthy capital adequacy ratio
Posted Date : 29-Oct-2012 , 03:29:01 pm | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) Abu Dhabi Chapter recently held a professional development event in Abu Dhabi at the Burjeel Hospital Auditorium, which was attended by a 130 plus strong audience.
The Seminar was on the twin topics of 'Global Economic Scenario' and 'Op...
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ICAI Election 2012 - Single Transferable System of Voting - An Apprisal
Posted Date : 19-Oct-2012 , 11:44:16 pm | Posted By CASANSAAR
”The next elections to the Council and Regional Councils of the Institute will be held on 7th and 8thDecember, 2012 at Ahmedabad, Bangalore, Chennai, Delhi/New Delhi, Gurgaon, Hyderabad,Jaipur, Kolkata, Mumbai and Pune and on 8th December, 2012 at all other places where pollingbooths...
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63rd Annual Report and Audited Annual Accounts of the Institute for the year 2011
Posted Date : 16-Oct-2012 , 07:45:36 am | Posted By CASANSAAR
15th October, 2012
63rd Annual Report and Audited Annual Accounts of the Institute for the year 2011 – 2012.
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 Repor...
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ICAI's Rs 97 crore mainly to run a personality development course
Posted Date : 08-Oct-2012 , 08:22:01 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has entered into an agreement with a private realtor M/s Luxora Infrastructure, coming up with a township at Pipla on the outskirts of the NAGPUR city.
The regulator of accounting professionals in the country has registered an...
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ISA Eligibility Test (ET) of ICAI
Posted Date : 04-Oct-2012 , 07:54:04 am | Posted By CASANSAAR
Notification for Eligibility Test (ET) for Post Qualification Course on Information Systems Audit (ISA)on Saturday the 10th November, 2012
Last Date for Online Form Submission 31st October, 2012 till 5:30 PM
1. The next Eligibility Test for ISA ...
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Let RBI appoint auditors of private banks, says ICAI
Posted Date : 03-Oct-2012 , 08:18:27 am | Posted By CASANSAAR
Accounting regulator has urged the government to let the Reserve Bank of India appoint auditors of private banks, citing the inherent conflict of interest when auditors are chosen by the bank management. The Institute of Chartered Accountants of India (ICAI) has in a letter to th...
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Invitation to act as Checker for Chartered Accountants Examinations
Posted Date : 27-Sep-2012 , 08:22:05 am | Posted By CASANSAAR
Examination Department of the Institute would like to avail the services ofthe members of the Institute (upto 15 years of Experience) to act as Checker fortotaling etc. of marks awarded by examiner, other details are as under:
The Examination Department of the Institute avails the services ...
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Sebi imposes fine on CA Firm owner in BoR matter
Posted Date : 25-Sep-2012 , 08:23:54 am | Posted By CASANSAAR
Market regulator Sebi on Monday imposed a penalty of Rs 6 lakh on Dilip S Mehta, owner of a chartered accountancy firm, for failing to respond to summons issued by it in relation to a probe into the affairs of erstwhile Bank of Rajasthan.
The matter pertains to alleged irregularities commit...
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Study Group to streamline and render more services by practising Chartered Accountants engaged as lecturers in colleges and institutions
Posted Date : 20-Sep-2012 , 06:49:35 pm | Posted By CASANSAAR
Council Affairs/M-626/2012
19th September, 2012
ALL MEMBERS OF THE COUNCIL
Madam/Dear Sir,
The President, in terms of the authority given to him by the Council at its 314th meeting held from 10th to 12th February, 2012, has constituted a Study Group compri...
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Procedure of ICAI Elections. (Preferential Voting System)
Posted Date : 14-Sep-2012 , 08:56:14 am | Posted By CASANSAAR
Our elections are held on the single ‘transferable vote’ system under which thevoter has to indicate his preferences about the candidates by inserting the figures 1, 2, 3 etc against the names of the candidates according to his preference. Some members are under the ...
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Re-investigate murder of woman CA, HC tells Haryana police
Posted Date : 13-Sep-2012 , 08:35:07 am | Posted By CASANSAAR
A harrowing tale of a young chartered accountant’s (CA) attempted rape, murder and prima facie attempts by the Haryana Police to shield the accused, has surfaced in the Punjab and Haryana High Court.
The victim, Jyoti, was not only hospitalised for five days after an attempted ra...
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Announcement for Empanelment as a Technical Reviewer with the Quality Review Board
Posted Date : 12-Sep-2012 , 02:44:59 pm | Posted By CASANSAAR
Dated: 5th September, 2012
Announcement for Empanelment as a Technical Reviewer with the Quality Review Board
The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the follo...
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ICAI to launch Centre of Excellence
Posted Date : 12-Sep-2012 , 08:27:51 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has decided to establish a Centre of Excellence in the state with an investment of nearly Rs 15 crore. The project proposal will be presented at ‘Emerging Kerala’.
It will be more like a university with bachelors, masters an...
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'316 cos,73 audit firms guilty of violating accounting norms'
Posted Date : 07-Sep-2012 , 08:31:11 am | Posted By CASANSAAR
The government today said 316 companies and 73 audit firms have been found guilty for violating accounting principles and other financial irregularities in the last three years. "During the last three years, 316 companies and 73 audit firms were found guilty of violation of accounting...
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High Powered Committee (HPC) of ICAI
Posted Date : 06-Sep-2012 , 09:16:25 pm | Posted By CASANSAAR
The Institute of Charted Accounts of India (ICAI) has not constituted any high powered committee to look into the entire gamut of financial reporting etc. Out of the 171 Indian Chartered Accountant (CA) Firms who have reported to the High Powered Committee (HPC) constituted by the Council of th...
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ICAI Election - 2012
Posted Date : 05-Sep-2012 , 08:50:15 am | Posted By CASANSAAR
ICAI Election to the Twenty Second Council and Twenty First Regional Councils to be held on 7th and 8th December, 2012.
Nomination Form for election to Council
Nomination Form for election to Regional Councils
Election Related Notifications
Election Code of Conduct
Notification regarding...
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ICAI expands teaching facilities in UAE
Posted Date : 04-Sep-2012 , 04:34:29 pm | Posted By CASANSAAR
Institute of Chartered Accountants of India (ICAI) has expanded its teaching facilities in the UAE, buoyed by a higher demand for such facilities among chartered accountant hopefuls.
The expanded campus of the ICAI was inaugurated here recently by Jaydeep Narain Shah, President of ICAI, in the pres...
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No takers for CAs
Posted Date : 27-Aug-2012 , 07:40:18 am | Posted By CASANSAAR
Chartered accountant, a designation that once guaranteed a cushy job and a promising career, is now a victim of economic slowdown if the placement scene at Institute of Chartered Accountants of India, Ahmedabad chapter, is any indication. As compared to last year, when eight companies recruited 60 C...
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Increase in fee for Duplicate Certificate of Membership and Certificate of Practice as an Associate or Fellow
Posted Date : 23-Aug-2012 , 10:39:40 pm | Posted By CASANSAAR
ANNOUNCEMENT
Increase in fee for Duplicate Certificate of Membership and Certificate of Practice as an Associate or Fellow - Amendment to the Regulation 184 of the Chartered Accountants Regulations, 1988
This is to inform all concerned that with the issuance of the Notification...
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Professional misconduct: FinMin fiat to banks
Posted Date : 21-Aug-2012 , 07:39:37 am | Posted By CASANSAAR
The Finance Ministry has asked state-owned banks and insurance companies to take up the issue of misconduct by professionals such as advocates and chartered accountants with their regulating bodies such as the ICAI.
The Ministry has issued the directive to heads of public sector banks, fina...
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Not happy over the rate of pass percentage of CAs - Kumar Mangalam Birla
Posted Date : 18-Aug-2012 , 07:33:37 am | Posted By CASANSAAR
Stating that chartered accountants face a major challenge from MBAs, Aditya Birla Group Chairman Kumar Mangalam Birla said there is strong need to expand the curriculum of CA courses beyond accounting.
“CAs today face top challenge from MBAs who are good at communication skills, know ...
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