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 that the Professional Competence Course (PCC), Integrated Professional Competence Course (IPCC) and Final (Existing and New course) examinations will be held on the dates given below at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.
Archive for the ‘ICAI’ Category
Posted in 
Court grants bail to 2 in Satyam scam case
Posted by admin on June 25th, 2010
Hyderabad court grants bail to two accused, S Gopalkrishnan of audit firm Pricewaterhouse and Prabhkar Gupta of Satyam Computer, in Satyam accounting scam case.
ICAI President: Companies can’t keep assets secret
Posted by admin on June 24th, 2010
Companies may have to provide detailed information including details of financial assets, the complete list of shareholders and directors to ICAI if the government accepts the amendments to Chartered Accountants (CA) Act 1949 suggested by the institute. The institute has sought powers to summon information from companies.
Under the laws, ICAI has the powers to call for information only from its members and not from companies directly. The government is reviewing amendments to the CA Act, 1949.
ICAI President: Scrap tender for audit of social projects
Posted by admin on June 24th, 2010
The apex auditor of the country should ensure that social sector programmes’ audits are not subjected to the process of tendering for appointing auditors, ICAI President Amarjit Chopra has said.
“The tender process for auditing social sector schemes has led to deterioration in the quality of audit. Audit firms quote too low a price for procuring the auditing work of such schemes.
ICAI unearths cases of forged signatures of auditors on financial statements
Posted by admin on June 23rd, 2010
The Institute of Chartered Accountants of India (ICAI) has unearthed cases of financial statements and audit reports of certain companies with forged signatures of auditors, sparking off fear of a larger menace that may have hit the country’s auditing fraternity.
At a time when the government is going all out to set right the audit profession, cases of forged audit reports have put the regulator on the defensive.
Breach of Regulations 65 & 78 – Non submission of Form 112
Posted by admin on June 20th, 2010
The appropriate Committee of the Institute in its recent meeting in view of the difficulties being faced by students decided that the following course of action be adopted for dealing with the cases of condonation of Regulation 65 w.e.f. 1st April 2010.
It is also clarified that the cases for condonation of breach of Regulation 65 and 78 received upto 31st March, 2010 would be dealt with in terms of the Announcement dated 8th January, 2010 i.e. general amnesty.
