CA is one professional who has to keep awake even if others sleep - Narendra Modi
PrintListen to this Article
Gujarat Chief Minister Narendra Modi called upon the chartered accountants to make Indian social and economic conditions stronger with the help of their professional skill. He also asked them to free India from the malaise of black money.
Inaugurating the Chartered Accountants Students National Convention here to mark the golden jubilee of Ahmedabad chapter of Institute of Chartered Accountants of India (ICAI), He said that CA is one professional who has to keep awake even if others sleep. His responsibility is no less than that of a doctor. He exhorted youth to dream to be able to do something.
Talking about Gujarat’s march to development, Mr. Modi said that balance sheet of a nation or a state is important, and so also that of five-star activists and non-government organizations auditing.
While the Centre spends 67 percent of government expenditure on non-development heads, Mr. Modi said, Gujarat spends 67 per cent on development works. He wondered as to how India could remove hunger and unemployment with just 33 per cent of the allocations.
He said there is need for social audit too, just like auditing corporate sector’s balance sheet. The auditing system has opened up the doors of Gujarat-based Forensic Science University for forensic auditing.
Gujarat’s development expenditure from 1960 to 2000 was Rs.55,000-crore, while that during the last ten years is Rs.1.75-lakh-crore. Gujarat’s plan allocation during the previous eleven Five-Year Plans was Rs.2.30-lakh-crore, while that in 12th Five-Year Plan alone is Rs.2.51-lakh-crore.
Category : ICAI | Comments : 0 | Hits : 1842
The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students. An ICAI notification—gazetted on April 25 —showed that the intermediate course exams will be held on May 3, 5 & 9 (Group I) and May 11, 15 and 17 (Group II). The final exams are scheduled for May 2, 4 and 8 (Group ...
The Institute of Chartered Accountants of India (ICAI) has found gross negligence by edtech firm Byju's auditors, ICAI president Ranjeet Kumar Agarwal said on Wednesday. "Our inspection has found gross negligence on accounting practices by individual auditors of Byju's and accordingly we have recommended to the Financial Reporting Review Board (FRRB) to take punitive actions on auditors concerned," Agarwal told news agency PTI. Agarwal said, "The FRRB wil...
The Enforcement Directorate (ED) raided premises linked to Delhi Chief Minister Arvind Kejriwal’s personal secretary Bibhav Kumar, and Aam Aadmi Party (AAP) Rajya Sabha MP, Past President of ICAI Sh.ND Gupta in connection with a money laundering probe related to the Jal Board case. The central probe agency had last month arrested Jagdish Kumar Arora, the former chief engineer of the Delhi Jal Board. The probe agency claims that Arora awarded a contract worth Rs 38 crore to NKG Infrastru...
A bench of justice Bharav D Karia had observed that the activity of a CA includes that of accounting, auditing, refereeing, receivers, arbitrators and special commissioners as prescribed by the ICAI to be carried out on-premises and at places of managing partner may determine The Gujarat high court has ruled that a Chartered Accountancy (CA) firm should be classified as a professional establishment rather than a shop, commercial or retail entity and as a result, its employees are deemed ineli...
Notice Sent to Kumar Vishwas by Advocate (CA) Dr. Suneel Maggo for his Derogatory Remarks against Professionals (Chartered Accountants and Company Secretaries). We had discussed the matter with Advocate Suneel Maggo and the same has been uploaded on the youtube but on the pressure of Kumar Vishwas, Video has been removed 2 times. In his notice to Kumar Vishwas, He asked for Sorry to the Professional else Next Defemation Notice to Kumar Vishwas for his Derogatory Remarks against Chartered A...
Comments