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

HAPPY CHARTERED ACCOUNTANTS DAY (History of Chartered Accountants)
Posted Date : 01-Jul-2012 , 07:39:08 am | Posted By CASANSAAR

The Companies Act, 1913 passed in pre-independent India prescribed various books which had to be maintained by a Company registered under that Act. It also required the appointment of a formal Auditor with prescribed qualifications to audit such records. In order to act as an aud...

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Category : ICAI | Comments : 1 | Hits : 4390

Chartered accountant is link between firms run by Thackerays and Tatkares
Posted Date : 30-Jun-2012 , 08:01:03 am | Posted By CASANSAAR

A chartered accountant is the only link between companies owned by the families of water resources minister Sunil Tatkare andShiv Sena leader Uddhav Thackeray. Chartered accountant Girish Amonkar is a director in some of the companies owned by Tatkare's son Aniket. However, he is also director ...

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Category : ICAI | Comments : 0 | Hits : 554

Chartered Accountants’ Day Celebrations – 1st July, 2012 - Special Address by CA. Ved Jain, Past President, ICAI on Recent Issues in Direct Taxes – Two CPE Hours Credit – Register online
Posted Date : 29-Jun-2012 , 04:10:27 pm | Posted By CASANSAAR

The Chartered Accountants’ Day Celebrations will be held at 5.00 PM on 1st July, 2012 at Hotel The Ashok, Chanakyapuri, New Delhi. On that occasion, CA. Ved Jain, Past President, ICAI would deliver a Special Address on Recent Issues in Direct Taxes.Participation in the Programme is free of ...

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Category : ICAI | Comments : 0 | Hits : 678

CAs to audit MGNREGA accounts at village panchayat level from April
Posted Date : 23-Jun-2012 , 08:06:32 am | Posted By CASANSAAR

Chartered Accountants will begin certification of accounts under MGNREGA scheme at village panchayat level from April 2013.   Addressing presspersons on the sidelines of the 30-year celebrations of the Shri Kshetra Rural Development Project (SKDRDP) at Dharmasthala in Dakshina Kannada distric...

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Category : ICAI | Comments : 0 | Hits : 803

ICAI holds two more CAs guilty in Satyam scam
Posted Date : 21-Jun-2012 , 08:33:03 am | Posted By CASANSAAR

The country’s accounting regulator, the Institute of Charterd Accountants of India (ICAI), has finally passed its order on the remaining two chartered accountants — S Gopalakrishnan and V Prabhakar Gupta — involved in the R14,000-crore Satyam fraud, thereby closing its investigatio...

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Category : ICAI | Comments : 0 | Hits : 902

ICAI: CPT EXAM CENTRE CHANGE
Posted Date : 11-Jun-2012 , 04:51:05 pm | Posted By CASANSAAR

Important Announcement - CPT June 2012 Examination. - (11-06-2012) IMPORTANT ANNOUNCEMENT No. 13-CA(Exams)/CPT/June 2012/ June 11, 2012.   Due to unavoidable circumstances, the examination Centre of 200 candidates bearing Roll No. from 218290 to 218489 for CPT (Common Proficiency Test - Exami...

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Category : ICAI | Comments : 0 | Hits : 1020

States reject proposal for uniform accounting
Posted Date : 09-Jun-2012 , 06:52:57 am | Posted By CASANSAAR

Most state governments have rejected the Union Human Resource Development (HRD) Ministry proposal to adopt a uniform accounting standard in schools and institutes of higher learning, both government and privately run, in order to ensure greater transparency.The proposal was made at a recent meeting ...

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Category : ICAI | Comments : 0 | Hits : 346

Guidelines for Conversion Of CA Firms into LLPs
Posted Date : 08-Jun-2012 , 07:25:05 am | Posted By CASANSAAR

ICAI COUNCIL GUIDELINES FOR CONVERSION OF CA FIRMS INTO LLPS (Guidelines No.1-CA (7)/03/2011, dated 4th November, 2011) In terms of the Council decision dated 14 July, 2011, following guidelines for conversion of CA firms into LLPs and constitution of separate LLPs by the practicing Chartered Acco...

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Category : ICAI | Comments : 0 | Hits : 891

I-T dept, ICAI start probe into Reebok case
Posted Date : 07-Jun-2012 , 07:47:35 am | Posted By CASANSAAR

Accounting regulator Institute of Chartered Accountants of India (ICAI) has asked Reebok India’s auditor N Narasimhan & Co, and its former chief operating officer Vishnu Bhagat, one of the accused in the alleged Rs 870-crore fraud case, for various details such as whether the company has a...

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Category : ICAI | Comments : 0 | Hits : 581

Reebok fraud Case, SFIO, ICAI to probe Auditors' role
Posted Date : 31-May-2012 , 07:37:09 am | Posted By CASANSAAR

The government and the country's accounting regulator will initiate separate probes into the role of Reebok India's auditors, widening the scope of investigation in the alleged Rs 870-crore fraud. "The Serious Fraud Investigation Office (SFIO) will look into the role of audi...

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Category : ICAI | Comments : 0 | Hits : 658

2 CA's in the CBI's latest list of 23 Undesirable Contact Men (UCM)
Posted Date : 30-May-2012 , 08:16:33 am | Posted By CASANSAAR

Some of India's most notorious arms dealers, well-connected chartered accountants and not so well-known consultants operating from various parts of the country have been named in the latest list of 23 "Undesirable Contact Men" (UCM) circulated within the government. The Central Bureau of Inves...

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Category : ICAI | Comments : 0 | Hits : 2648

Police seek to hire CA for Reebok probe
Posted Date : 30-May-2012 , 08:07:54 am | Posted By CASANSAAR

Gurgaon Police have sought approval of the director general of police (DGP) to hire a CA to help them investigate the alleged fraud at Reebok . "We have sought approval of the DGP to hire a chartered accountant since this case involves financial intricacies. The CA can understand the irregularities ...

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Category : ICAI | Comments : 0 | Hits : 638

Institute of Chartered Accountants of India offers to work with investigators to unearth black money
Posted Date : 27-May-2012 , 08:06:41 am | Posted By CASANSAAR

The Institute of Chartered Accountants of India (ICAI) has announced initiatives to help government investigators track unaccounted money stashed away overseas. The apex body of accountants has said it will also assist in audits of political parties, non-governmental organisations (NGOs) a...

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Category : ICAI | Comments : 0 | Hits : 562

ICAI to set up Centre of Excellence in Odisha's capital city
Posted Date : 22-May-2012 , 08:36:02 am | Posted By CASANSAAR

  The Institute of Chartered Accountants of India has proposed the state government to set up a Centre of Excellence in Bhubaneswar. A team of ICAI members led by the ICAI All India President Jaydeep Narendra Shah met Chief Minister Naveen Patnaik at the State Secretariat here today and had a ...

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Category : ICAI | Comments : 0 | Hits : 310

ICAI Muscat Chapter to host seminar on May 24
Posted Date : 21-May-2012 , 10:39:41 am | Posted By CASANSAAR

The Muscat Chapter of the Institute of Chartered Accountants of India (formed under the sponsorship of the College of Banking and Financial Studies) will host a seminar on the theme ‘Economic Growth & Need for Sustainability — Role of Financial Management’, at Shangri-La&rsqu...

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Category : ICAI | Comments : 0 | Hits : 511

Village panchayats to give CA's certificate on NREGA spendings
Posted Date : 17-May-2012 , 08:22:02 am | Posted By CASANSAAR

The government has made it mandatory for village panchayats to attach a Chartered Accountant's certificate on spendings incurred under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the Rajya Sabha was informed today.   Rural Development Minister Jairam Ramesh said during Q...

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Category : ICAI | Comments : 0 | Hits : 1368

Enough CAs under ICAI to Meet Global Requirements
Posted Date : 15-May-2012 , 08:51:35 am | Posted By CASANSAAR

There is no shortage of Chartered Accountants in the country to meet the Global challenges. As on 1st May, 2012, 1,93,500 Chartered Accountants (CAs) were registered with the Institute of Chartered Accountants of India (ICAI). The ICAI, a statutory body established by an Act of Parliament ...

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Category : ICAI | Comments : 0 | Hits : 2242

ISA AT - June, 2012 Application Form
Posted Date : 14-May-2012 , 02:19:11 pm | Posted By CASANSAAR

ISA AT - June, 2012 Application Form Last Date : 1st June 2012. Cost of Application form : Rs. 100. Click here to Download the AT Form  ...

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Category : ICAI | Comments : 0 | Hits : 532

Educational institutions set to follow ICAI norms
Posted Date : 11-May-2012 , 07:30:48 am | Posted By CASANSAAR

 Higher education institutes in the country will soon have to report their financial information in a standard and uniform format set by the Institute of Chartered Accountants of India.   As per the format, the institutes will now have to disclose their balance sheet and the income an...

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Category : ICAI | Comments : 0 | Hits : 693

Furnishing of Misleading Information by Multinational Network Accounting Firms (MNAFs)
Posted Date : 07-May-2012 , 10:30:10 pm | Posted By CASANSAAR

According to the information furnished by the Institute of Chartered Accountants of India (ICAI) a High Power Committee (HPC) appointed by them for examining the operation of Multinational Network Accounting Firms (MNAFs) in India, has observed, that certain Indian CA firms and private limited compa...

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Category : ICAI | Comments : 0 | Hits : 383

CAs plea to revamp exam rejected
Posted Date : 04-May-2012 , 08:28:34 am | Posted By CASANSAAR

A writ plea from V Venkatesa Sivakumar, a chartered accountant (CA) of Rangarajapuram in Kodambakkam, to constitute an independent experts commitee to study the existing examination system for CA and consider the necessity and possibility of revamping the same in the interest of the students, was re...

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Category : ICAI | Comments : 0 | Hits : 784

IT-enabled services a thrust area: ICAI
Posted Date : 03-May-2012 , 08:00:08 am | Posted By CASANSAAR

  The Institute of Chartered Accountants of India (ICAI) has identified IT-enabled services, particularly enterprise resource planning (ERP), as a thrust area. Mr Jaydeep Narendra Shah, president, ICAI, announced this here on the occasion of the 40th anniversary of the Thiruvananthapuram bran...

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Category : ICAI | Comments : 0 | Hits : 361

ICAI group on black money to submit report soon
Posted Date : 02-May-2012 , 08:35:04 am | Posted By CASANSAAR

An Institute of Chartered Accountants of India (ICAI) core group mining data on black money and benami transactions will submit its report to government soon. Mr Jaydeep Narendra Shah, President, ICAI, announced this here on the occasion of the 40{+t}{+h} anniversary of the Thiruvananthapuram bra...

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Category : ICAI | Comments : 0 | Hits : 275

Chartered Accountant Shot at in Noida, Critical
Posted Date : 30-Apr-2012 , 07:35:41 am | Posted By CASANSAAR

A Kalkaji-based chartered accountant, who is also a builder, was shot at by assailants in Sector 63 in Noida on Sunday afternoon. Police said it seems to be a case of personal rivalry. The victim was shot in the chest and has been admitted in a city hospital. His condition is critical...

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Category : ICAI | Comments : 0 | Hits : 1120

Requirement of Additional Director in Technical Directorate of ICAI
Posted Date : 27-Apr-2012 , 11:11:07 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. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIARequiresAdditional Director (Technical)For its Technical Directorate whic...

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Category : ICAI | Comments : 0 | Hits : 514

Invitation to become Checker for Chartered Accountants Examinations
Posted Date : 17-Apr-2012 , 03:45:06 pm | Posted By CASANSAAR

  Examination Department of the Institute would like to avail the services of the members of the Institute (upto 15 years of Experience) to act as Checker, other details are as under:   The Examination Department of the Institute avails the services of resource persons (members of&...

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Category : ICAI | Comments : 0 | Hits : 948

ICAI moves SEBI for changes in company compliance norms
Posted Date : 16-Apr-2012 , 03:50:11 pm | Posted By CASANSAAR

The Institute of Chartered Accountants of India (ICAI) has approached the capital market regulator - the Securities Exchange Board of India (SEBI) for a four-pronged change in company compliance norms. Last week, the accounting regulator met the SEBI chairman U K Sinha to apprise him on those issu...

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Category : ICAI | Comments : 0 | Hits : 527

Chartered accountant caught accepting Rs 1.5 lakh bribe
Posted Date : 13-Apr-2012 , 07:51:45 am | Posted By CASANSAAR

A Rajkot-based chartered accountant, approved by the government for evaluating firms involved in commodity market, was caught by the anti-corruption bureau (ACB) officials for demanding and accepting Rs 1.5 lakh at a five-star hotel in Satellite on Thursday night. Dilip Patel,...

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Category : ICAI | Comments : 0 | Hits : 1140

CAG should appoint auditors for parties: ICAI
Posted Date : 10-Apr-2012 , 08:35:18 am | Posted By CASANSAAR

With a view to bringing in more transparency and accountability in their financial dealings, the Comptroller and Auditor General of India (CAG) could be asked to appoint independent auditors for accounting financial details of political parties. The Institute of Chartered Accountants of India, ...

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Category : ICAI | Comments : 0 | Hits : 589

Last Date Extended to 11th April 2012 for Empanelment for Observers for the CA Exam to be held in May-2012 and the Common Proficiency Test to be held in June-2012
Posted Date : 04-Apr-2012 , 09:59:59 pm | Posted By CASANSAAR

4th April, 2012 Examination Department The last date for receipt of application for Empanelment for Observers for Chartered Accountants Main Examinations scheduled to be held from 2nd to 17th May, 2012 and CPT on 17th June, 2012 has been extended upto 11th April, 2012 (We...

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Category : ICAI | Comments : 0 | Hits : 692

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