It has been brought to our knowledge that certain SMSs/e-mail chains have been generated claiming that the Institute has changed the passing requirements of its various examinations w.e.f. November, 2010 examinations. It may be clarified that the said SMSs/e-mails are baseless and the existing requirements as per the relevant CA Regulations will continue to apply [...]
Archive for the ‘ICAI’ Category
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ICAI plans unique code number to check forged attestation
Posted by khyati on October 7th, 2010
Copies of the balance sheet, tax audit reports and similar documents attested by chartered accountants as part of several million mandatory filings done by companies across the country each year may soon have a unique code number as authentication.
ICAI seeks power to act against erring firms
Posted by khyati on October 6th, 2010
Accounting regulator Institute of Chartered Accountants of India (ICAI), said it is seeking power to take action against erring firms. “As per the Act, the institute can take disciplinary action against our members but not against other firms. It is becoming extremely important to curb ill practices. So, for the first time, the ICAI has [...]
ICAI proposes comprehensive changes to accounting practices in commercial banks
Posted by khyati on October 5th, 2010
The Institute of Chartered Accountants of India (ICAI), the national standard setting body of auditors, has proposed comprehensive changes to the current accounting practices in commercial banks to make bank audits foolproof and effective. The auditing restructure will imbibe the spirit of banking regulator RBI’s Know Your Customer (KYC) principles and help check financial frauds, identify money laundering and suspicious activities and scrutinise large cash transactions.
Mutual Recognition Agreement between ICAI and CPA Ireland
Posted by admin on October 3rd, 2010
The Institute of Chartered Accountants of India has entered into a into a mutual recognition agreement (MRA) with the Institute of Certified Public Accountants In Ireland (CPA Ireland). This agreement offers both bodies the opportunity for key strategic partnerships and supports trade opportunities between the two countries by fostering peer to peer relationships. The MRA [...]
Campus Placement programme – Augt-Sep, 2010
Posted by admin on October 3rd, 2010
The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its nearly six decades of existence, ICAI has achieved recognition as a premier accounting body not only in the [...]
