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Posted Date : 23-Mar-2014 , 07:06:25 pm | Posted By CASANSAAR
The bank audit season is around the corner. Given the fact that the banking industry istypical in terms of its geographical and customer spread, the volume and varied natureof products and services offered, coupled with the strict constraints for completing theaudits, the members, many a times, face...
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Posted Date : 22-Mar-2014 , 09:44:18 am | Posted By CASANSAAR
CASANSAAR are providing you free Designs for your Professional Website. It’s totally Free of Cost. Out of our 100 Designs you can select any Design for your Professional Website & can create your own Personal Professional Website as per your own choice. After Selecting the Website Des...
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Posted Date : 13-Mar-2014 , 09:08:13 am | Posted By CASANSAAR
We & Members of CASANSAAR are receiving calls from a Company named Webtel. They have threatened us as to why we are selling Websites at Rs.2100/- which are very below market Price as Compare to the Price of Webtel which is Rs. 10,000/- to Rs. 12,000/-. We responded to Webtel that ...
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Posted Date : 13-Mar-2014 , 08:50:16 am | Posted By CASANSAAR
Finding prima facie evidence of violations, Competition Commission has ordered a detailed probe against accounting watchdog ICAI with regard to alleged discriminatory practices in organising professional education programmes for its members. It is alleged that the Institute of Chartered Accou...
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Posted Date : 11-Mar-2014 , 08:25:23 am | Posted By CASANSAAR
Chartered Accountant Prateek Sen who has worked for an Indian firm for two years, is set to shift to Dubai at four times what he has been getting here. “I would be a fool not to take up the job,” says the 28-year-old, eager to cross the Arabian Sea for what is clearly a tr...
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Posted Date : 11-Mar-2014 , 08:20:02 am | Posted By CASANSAAR
Accounting regulator ICAI will assist Election Commission in ensuring that "sound accounting principles" are followed in the financial statements of political parties to make election funding more transparent. The Institute of Chartered Accountants of India had provided as...
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Posted Date : 08-Mar-2014 , 08:44:33 am | Posted By CASANSAAR
A Chartered Accountant Rajiv Jain , who along with four others arrested for allegedly trying to get favourable order from the Board for Industrial and Financial Reconstruction (BIFR), was sent to a day's police custody by a Delhicourt. The court, however, sent accused Arun H Jain, Managi...
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Posted Date : 01-Mar-2014 , 10:18:57 am | Posted By CASANSAAR
The Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India has issued Guidance Note on Audit of Banks 2014 edition. For the benefit of members, complete text of the Guidance Note along with the accompanying appendices etc. ca...
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Posted Date : 26-Feb-2014 , 10:59:55 pm | Posted By CASANSAAR
The Council, at its 331st meeting held on 10th to 12th February, 2014, has approved an upward revision in fee charged by the Expert Advisory Committee for giving its opinion. The approved fee is given below: Rs. 75,000/- per query where the query relates to: an enterprise whose equity or debt...
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Posted Date : 20-Feb-2014 , 10:58:43 am | Posted By CASANSAAR
Through RTI it is revealed that M/s. RAG & ASSOCIATES, 622 Sector-46A, Noida-201301(UP) has been appointed Statutory Auditor to Conduct Audit of Noida Branch for the year 2013-2014. CA.Raj Chawla (NIRC Vice Chairman) is a Sr.Partner in RAG & Associates. Sources have also informed th...
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Posted Date : 16-Feb-2014 , 09:38:17 pm | Posted By CASANSAAR
If India Post is in the process of shifting from cash system of accounting to accrual system, they have the Institute of Chartered Accountants of India (ICAI) to thank for. The accrual system of accounting is in conformity with global standards of accountancy and takes in to accounts asset...
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Posted Date : 15-Feb-2014 , 10:46:56 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) is to hold its campus placement programme for newly qualified chartered accountants (CAs) between February 17 and March 15 at 16 centres across the country. According to newly elected ICAI President K. Raghu, 2,690 candidates have regis...
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Posted Date : 13-Feb-2014 , 09:53:45 pm | Posted By CASANSAAR
ANNOUNCEMENT SUB: APPLICABILITY OF GUIDELINES LAID DOWN BY HON’BLE SUPREME COURT IN THE CASES OF VISHAKHA & ORS. VS. STATE OF RAJASTHAN & ORS. AND DR. MEDHA KOTWAL LELE & ORS. VS. UNION OF INDIA & ORS. FOR PREVENTION AND DEALING WITH THE SEXUAL HARASSMENT AT ...
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Posted Date : 13-Feb-2014 , 01:34:09 pm | Posted By CASANSAAR
Insertion of new paragraph 46 in AS 11, The Effects of Changes in Foreign Exchange Rates, issued by TheInstitute of Chartered Accountants of India, for their applicability to entities other than companies 1. The Ministry of Corporate Affairs, Government of India, inserted par...
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Posted Date : 13-Feb-2014 , 01:27:55 pm | Posted By CASANSAAR
In efforts to curb the menace of corporate misdoings, apex body of chartered accountants ICAI will come out with guidelines for its members on various aspects of effective internal financial controls and possible frauds. In this regard, the Institute of Chartered Accountants of India...
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Posted Date : 13-Feb-2014 , 01:21:22 pm | Posted By CASANSAAR
CA. K. Raghu has been elected as new President & CA. Manoj Fadnis as new Vice President for the year 2014-15. Get to know these eminent luminaries of our profession, click on the link for their profile. CA. K. RaghuPresident(Profile) CA. Manoj FadnisVice-President(Profile)...
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Posted Date : 24-Jan-2014 , 08:46:56 am | Posted By CASANSAAR
In order to bring in greater transparency and clarity in financial reporting by India Inc, a slew of changes to the Indian Accounting Standards (Ind AS) has been mooted with respect to the presentation of financial statements, interim financial reporting and financial instruments. These cha...
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Posted Date : 20-Jan-2014 , 08:48:53 am | Posted By CASANSAAR
Yoga Guru Ramdev today said he may support Congress in the upcoming Lok Sabha polls provided the party supports his proposal to replace all taxes with single tax on bankingtransactions. "..If Congress accepts our proposal of single window taxation and single tax we wi...
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Posted Date : 12-Jan-2014 , 12:41:24 pm | Posted By CASANSAAR
CMII organised 7th ICAI award function, followed by Adnan Sami Night at Sri Fort Auditorium on 11th January, 2014. Our Correspondent has reported that it seemed a PERSONAL FUNCTION OF CHAIRMAN CMII RATHER THEN FUNCTION OF ICAI CMII COMMITTEE. It appears in the name of the function for membe...
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Posted Date : 08-Jan-2014 , 09:05:56 am | Posted By CASANSAAR
Now receive email / BBM alerts on the go from CASANSAAR.COM. This free subscription will entitle you to faster complete updates. Receive Professional, Tax and Career related updates in your mobile / email inbox and stay ahead in your professional life.Some features CASANSAAR SMS / ema...
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Posted Date : 02-Jan-2014 , 10:04:07 am | Posted By CASANSAAR
We are pleased to inform you that the Institute of Chartered Accountants of India is organizing Convocation 2013 at Delhi to distribute Certificates of Membership to the newly enrolled members of the Institute from membership number 526761 to 533317, with a view to promote professional camaraderie a...
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Posted Date : 01-Jan-2014 , 08:39:56 pm | Posted By CASANSAAR
Shri Subodh Kumar Agrawal, President, The Institute of Chartered Accountants of India (ICAI) has been appointed as the President of the South Asian Federation of Accountants (SAFA) for the year 2014 w.e.f. today. He was the Vice-President of SAFA for the year 2013. Having passionately represent...
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Posted Date : 01-Jan-2014 , 08:40:57 am | Posted By CASANSAAR
Opening up a money-spinning career proposition for lawyers in the country, the Bar Council of India (BCI) has written to the Union ministry of finance and tax authorities such as Central Board of Direct Taxes (CBDT) that lawyers must be authorised to sign and furnish tax audit certificates/reports, ...
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Posted Date : 31-Dec-2013 , 07:00:37 pm | Posted By CASANSAAR
The last date for compliance of CPE HOURS requirements for the block period 2011-2013 is extended upto 31.3.2014. Secretary, CPE Committee. ICAI...
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Posted Date : 30-Dec-2013 , 08:32:07 am | Posted By CASANSAAR
President of Institute of Chartered Accountants of India (ICAI), Subodh Agrawal, has strongly ruled out the chance of any further probe against the organization's former chief Jaideep Shah in the controversial Rs100 crore land deal at Pipla on the city's outskirts. Shah, who preceded Agra...
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Posted Date : 29-Dec-2013 , 05:12:44 pm | Posted By CASANSAAR
Expressing concern over shortage of CAs, the Institute of Chartered Accountants of India (ICAI) today said it has initiated a slew of measures, including improving of infrastructure to attract bright minds, to build their career in the profession. "Presently the country has around 2.25 lakh CAs...
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Posted Date : 28-Dec-2013 , 07:38:06 am | Posted By CASANSAAR
The restriction on auditors has increased manifold after the Satyam episode. While there have been some lapses, all of them cannot be attributed to auditors, according to S Santhanakrishnan, Chairman, Corporate Laws & Corporate Governance Committee, Institute of Chartered Accountants of In...
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Posted Date : 19-Dec-2013 , 08:47:04 am | Posted By CASANSAAR
The crime branch is investigating the hacking of a chartered accountant's bank account from which the fraudster withdrew Rs 3 lakh. Police said the victim, Diwakar Vaish from Noida, said his phone SIM card was reissued using fake documents. "His SIM card was blocked so he could not get an SMS a...
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Posted Date : 14-Dec-2013 , 06:39:00 pm | Posted By CASANSAAR
CYBER FRAUD WITH PRACTICING CHARTERED ACCOUNTANT BY HACKING HIS ID AND PASSWORD AND FILING OF FORM 3CB-3CD USING THIS ID... WHAT SHOULD BE THE ROLE OF CENTRAL LEADERSHIP IN THIS MATTER? A Case of Cyber Fraud is repoted in the Dainik Jagran of 14th December, 2013. In ...
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Posted Date : 14-Dec-2013 , 08:21:56 am | Posted By CASANSAAR
The Companies Act 2013 has placed the onus of detection of financial fraud on the auditors (chartered accountants) and therefore the CAs should measure up to the challenge in the changed scenario, according to Subhodh Kumar Agarwal, president of the Institute of Chartered Accountants of India (ICAI)...
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- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
