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

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 : 962

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 : 1846

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 : 2714

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 : 1018

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 : 1160

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 : 840

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 : 1268

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 : 808

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 : 715

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 : 1592

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 : 973

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 : 1411

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 : 992

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 : 1593

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 : 1042

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 : 1116

60-yr-old CA in EOW net for selling TDR worth Rs 5 cr
Posted Date : 23-Mar-2012 , 08:16:00 am | Posted By CASANSAAR

The economic offences wing (EOW) has arrested two persons-a 60-year-old chartered accountant and the accountant of an infrastructure firm-for selling transfer of development rights (TDR) valued at Rs 4.61 crore to four companies.The FIR was lodged by Dhiren Mehta, director of Bharat Insulation ...

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Category : ICAI | Comments : 0 | Hits : 1026

Verification Status November - 2011 ICAI Examinations
Posted Date : 15-Mar-2012 , 08:20:42 am | Posted By CASANSAAR

Click on the below links.   IPCE - NOVEMBER, 2011  PCE - NOVEMBER, 2011  FINAL - NOVEMBER, 2011 Source : www.icai.org ...

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Category : ICAI | Comments : 0 | Hits : 1215

Fund inflow in audit companies like PwC and Lovelock & Lewes against FDI norms
Posted Date : 13-Mar-2012 , 08:17:48 am | Posted By CASANSAAR

The inflow of funds from Pricewaterhouse-Coopers Services BV, Netherlands, was first shown as 'reimbursement of expenses' - including in representation made to banks - but later invoiced as 'support' and finally as 'grant'. Surprisingly, the books of accounts classified this as 'sundry income' , ...

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Category : ICAI | Comments : 0 | Hits : 815

Newly Wed Gurgaon Chartered Accountant, Designer Wife Found Dead In Agra
Posted Date : 09-Mar-2012 , 08:42:35 am | Posted By CASANSAAR

Puneet Gupta, a chartered accountant working in Gurgaon, alongwith his fashion designer wife Varsha had gone to celebrate Holi  in Agra at Punit's father's home in Kunwar colony, but were found dead in mysterious circumstances. After celebrating Holi, the two went to have a bath in the washr...

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Category : ICAI | Comments : 1 | Hits : 1684

ICAI Announcement - Regarding Bank Branch Audit related matters.
Posted Date : 06-Mar-2012 , 08:04:12 am | Posted By CASANSAAR

For Information of MembersAnnouncement[Regarding Bank Branch Audit related matters] The office bearers and Council Members of the Institute have been in receipt of a representation from various members in regard to certain issues concerning the profession and in particular re: matters...

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Category : ICAI | Comments : 0 | Hits : 2382

HC raps CA for trying to save illegal building
Posted Date : 01-Mar-2012 , 07:39:42 am | Posted By CASANSAAR

A chartered accountant who knocked at the doors of the Madras high court to reopen his sealed unauthorized building found himself at the receiving end with the court ordering initiation of criminal proceedings against him.M R Badrinarayana, a resident of Shanthi Colony in Anna Nagar, first...

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Category : ICAI | Comments : 0 | Hits : 1037

Promising Times for Chartered Accountants
Posted Date : 29-Feb-2012 , 08:48:26 am | Posted By CASANSAAR

These are exciting yet challenging times for Indian chartered accountants. The year 2012 will be an eventful year for Indian accountantcy profession if both external and internal developments are any indication. World economy is in turmoil and is casting its shadow on India, thereby putt...

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Category : ICAI | Comments : 0 | Hits : 1270

ICAI's President's Message - March 2012
Posted Date : 28-Feb-2012 , 07:50:19 am | Posted By CASANSAAR

Dear friends, The only thing that is never-changing is the change itself. And every change offers a new beginning. This is the eternal phenomenon that encompasses everything - our profession and the ICAI included. As the ICAI enters a new Council Year, the baton of profession’s ...

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Category : ICAI | Comments : 0 | Hits : 1125

CA's Well-versed in taxes, not necessarily investments
Posted Date : 24-Feb-2012 , 08:33:25 am | Posted By CASANSAAR

The Securities and Exchange Board of India is quite clear about a chartered accountant's role and possibly, therefore, the mandate: Exclude him from the ambit of regulations for investment advisors. However, Financial Planning Standards Board (FPSB) India isn't nodding in agreement.   In fa...

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Category : ICAI | Comments : 1 | Hits : 1266

ICAI Requests Members to Share Hardship Being Faced with Regard to TDS Returns.
Posted Date : 19-Feb-2012 , 07:12:02 pm | Posted By CASANSAAR

The Direct Taxes Committee of ICAI makes suitable representations to the Central Board of Direct Taxes or other appropriate bodies on various issues arising out of direct tax laws from time to time which are brought to the notice of the Committee by the members. Recently, it has been brought to...

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Category : ICAI | Comments : 0 | Hits : 1262

Opening of Certified Registration Centre for Facilitating Student Services - ICAI
Posted Date : 15-Feb-2012 , 08:36:17 am | Posted By CASANSAAR

  The Institute of Chartered Accountants of India has introduced a scheme for opening of Certified Registration Centre at the office of chartered accountants firms/practicing members in order to provide online registration facility in CPT course.   ...

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Category : ICAI | Comments : 0 | Hits : 823

ICAI bans PW India's top auditor for life in Satyam case
Posted Date : 14-Feb-2012 , 08:15:41 am | Posted By CASANSAAR

Trouble continues for the PricewaterhouseCoopers India network over the Satyam scandal. A little over two months after banning two audit managers from its India network, the Institute of Chartered Accountants of India (ICAI) has banned one of the firm's top audit partner Srinivas Talluri f...

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Category : ICAI | Comments : 0 | Hits : 1411

New President & Vice-President of ICAI
Posted Date : 12-Feb-2012 , 03:10:59 pm | Posted By CASANSAAR

CASANSAAR Team Congrats New President & Vice-President of ICAI CA. Jaydeep Narendra ShahPresident, ICAI CA. Subodh Kumar AgrawalVice-President, ICAI ...

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Category : ICAI | Comments : 0 | Hits : 2388

Chartered Accountants, Cost Accountants & Company secretaries may soon work under one roof
Posted Date : 06-Feb-2012 , 08:47:23 am | Posted By CASANSAAR

Representatives of the professional bodies for chartered accountants (CAs), company secretaries and cost accountants will meet later this month to decide on ways members of the three institutes can work together in a limited liability partnership (LLP) firm.   The presidents of the Institut...

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Category : ICAI | Comments : 0 | Hits : 2609

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