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Arun Jaitley wanted to be a chartered accountant

Finance Minister Arun Jaitley wanted to become a chartered accountant in his younger days, but ended up choosing the legal profession as "CA exam was too difficult to pass".  Going down the......

Ten years on, ICAI probe into GTB auditors' role still not complete

Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending. On December 19, 2002, the Joint Parliamentary Committee (JPC) on stock market scams......

ICAI red-flags auditor selection process at PSU banks

Raising concerns, the chartered accountants' apex body ICAI has said that the current process for selecting auditors at public sector banks could compromise their "independence" in carrying out the......

ICAI to ban three auditors in Satyam case

The Institute of Chartered Accountants of India (ICAI) is set to ban three of its members, including Price Waterhouse partners Srinivas Talluri and S Gopalakrishnan, for life, with regard to the Rs......

ICAI starts probe into role of Reebok's ex-COO

The Institute of Chartered Accountants of India (ICAI) has initiated an inquiry against former Reebok India chief operating officer Vishnu Bhagat, one of the accused in the alleged Rs 870-crore......

Ex Reebok CFO may face action for not sharing info

Accounting watchdog ICAI said on Tuesday strict action could be taken against Reebok India's former Chief Financial Officer Vishnu Bhagat if he fails to respond to the show-cause notice regarding......

No irregularities in accounts of IPL teams: Govt

The government on Monday clarified that accounting regulator ICAI hasn't reported any irregularity in the account books of some Indian Premier League teams."The Institute of Chartered Accountants......
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CBDT takes fresh look at tax accounting standards

Heeding to industry concerns, the income tax department has decided to take a fresh look at the tax accounting standards being implemented from... ...
ICAI Election 2015 - Change of venue of Kadapa Polling Booth in Southern Region

The Institute of Chartered Accountants of India New Delhi ELECTION 2015 FOR KIND ATTENTION OF CANDIDATES FOR COUNCIL FROM SOUTHERN INDIA... ...
Seminar held

The Institute of Chartered Accountants of India (ICAI) organised a continuing professional education seminar on Form WW Analysis and Tamil Nadu VAT... ...
Government to set up new agency to probe corporate accounting frauds

NEW DELHI: The government will soon set up a specialised agency to investigate large corporate accounting frauds. It is keen to establish a robust... ...
CA Institute preparing concept paper on outcome budgeting for Railways

The Railways may adopt activity based costing in a big way as part of the proposed overhaul of the existing accounting system. Helping the... ...

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