The government on Tuesday reassured chartered accountants and lawyers that training unemployed youth to be 'Income Tax Preparers' was not aimed at depriving them of work.
The apex body for accountants, ICAI, on Friday said it will seek explanation from R S Lodha on the structure of his audit firms following a complaint for alleged breach of its Code of Ethics and flouting of Companies Act.
The ED also alleged that Kejriwal, during his questioning, said AAP communication in-charge Vijay Nair 'did not report to him' but to his cabinet colleagues Atishi and Saurabh Bharadwaj and that his interaction with Nair was 'limited'.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.
In financial year 2020-21, the BJP declared assets worth Rs 4,990 crore, up by 21.17 per cent to Rs 6,046.81 crore in 2021-22.
ICAI intends to investigate the chartered accountants of PNB but the bank allegedly refuses to give the information sought.
'Consistency is the key to cracking any goal.' 'If you can't put in 10 hours a day, make it 6 hours or 8 hours, but stick to it.' 'Don't lose momentum.'
India, the fourth largest economy in the world, is integrating very fast with the global economy, Indian High Commissioner to the United Kingdom Ronen Sen has said.
Students seek transparency! Want to know the real reason for the revision in the results of the final ICAI-conducted CA exam.
The Election Commission on Friday virtually made it mandatory for political parties to deposit their funds in banks and not to exceed ceiling limits in financial assistance for candidates to ensure transparency and accountability.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
The government said in Friday it was negotiating aggressively at the World Trade Organisation to facilitate easy movement of professionals across borders to deliver services.
The Institute of Chartered Accountants of India has declared the dates for its examinations.
Institute of Chartered Accountants of India has sought broad-ranging information about the association of its member institutions with foreign auditing firms.The move assumes significance following the accountancy fraud by the promoters of Satyam Computers that brought the role of auditors under scrutiny. The auditors concerned were associate firms of international auditing entity PricewaterHouseCoopers.
Election Commission is considering an overhaul of the accounting practices of parties.
The big four global accountancy firms -- PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte -- are circumventing laws to provide auditing services in the country, says a report of an Institute of Chartered Accountants of India's committee.
'My parents had no idea what CA is or how difficult it is to crack the exam.'
The issue relates to alleged Rs 870-crore (Rs 8.7-billion) financial fraud at the company last year.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
rediffGURU Sushil Sukhwani offers expert advice about pursuing higher education abroad.
Licence foreign banks only if they reveal investment details, says Institute of Chartered Accountants of India.
The Institute of Chartered Accountants of India had issued show-cause notice to Bhagat, who sought time till March 31 to give his response.
Company balance sheets could soon acquire a new look, with the government asking ICAI to suggest ways to strengthen reporting norms following Satyam Computer Services scandal 7. ICAI sources said the mandate from the government was to ensure that company managements did not use notes to accounts as a cover-up for misdemeanours. The special group will submit its recommendations over the next few weeks.
The corporate affairs ministry and the Institute of Chartered Accountants of India (ICAI) are confident of meeting the April 2011 deadline to shift to International Financial Reporting Standards (IFRS).
It was in 2009 that the accounting regulator set up a special disciplinary committee, comprising six members, to look into the fraud in Hyderabad-based IT firm.
Shanti Ekambaram, president of consumer banking at Kotak Mahindra Bank, talks about her success mantras, career and money management lessons she learnt, work-life balance for working moms and what India's youth should aspire for.
The Institute of Chartered Accountants of India, announces the next Common Proficiency Test (CPT) of the Institute will be held on February 3, 2008.
Accounting regulator ICAI is planning to come out with accounting norms for the software and the BPO industry.
The functioning of the ICAI has come under greater public scrutiny and at times it is unable to meet the high expectations from its members and general public. Surely, something is wrong somewhere, says M R Venkatesh.
The regulator has not been maintaining panel of auditors since 2005 and instead prescribing the requirements for their appointment by insurers. In the backdrop of inflated balance sheet of Satyam Computer Services, chartered accountant body ICAI had pitched for the appointment of statutory auditors for insurance firms by IRDA.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances