Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: list of goods taxed at 4% :: cpt :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: form 3cd :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT Audit :: articles on VAT and GST in India
News Headlines »
 How to file income tax returns online without having Form 16 in 10 simple steps
 Deadline For Filing Income Tax Return (ITR) Is Just 11 Days Away: 10 Latest Details To Know
  10 incomes you need not pay any tax on
 How To File Income Tax Returns In Three Steps By March 31, 2018
 10 things about income tax every taxpayer should know
 What to do if your TDS is not deposited with the government
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol

Chartered accountants will emerge as value drivers'
October, 22nd 2012

Accountancy as a profession traces its origin to more than 9,000 years as references to it can be found in early civilization, epics like Manu Smriti, Vedas, and Arthashastra and Mughal literature. Regulating this profession in India is the Institute of Chartered Accountants of India (ICAI) which was formed as an autonomous body with powers to regulate the profession of accountancy in India and to foster education and training to its students.
Heading the Mangalore branch of Southern India Regional Council of ICAI is Murali Mohan, its chairman. Mangalore branch is one of the first branches to be set up as early as 1971 and has 465 pro-active members and over 1,150 students. It regularly conducts programmes for members, students and also in respect of various topics of public interests. Branch activities are carried on through managing committee consisting six elected members.

Where is the CA profession headed under the Mangalore branch of ICAI? The ICAI as a partner in nation building through its members has been providing multidimensional services to business community in particular and society in general. There are about 190 practizing CAs in the region. Business and industries of the region have availed services of CA mainly for taxation and audits. With an expected industrial growth of the region due to new units being set up in SEZ, STP and industrial area, the role of CAs as value drivers and in the area of management consultancy will be substantial in days to come.

Any plan of action undertaken to extend scope and reach of the profession during your tenure? We have organized a series of programmes. The Direct Tax Code and Goods and Service Tax expected in the near future will change the way business has been done and we have been educating our members and public to get ready for the same. We are planning to have a few programmes jointly with the police department relating to white-collar crimes and also with the district and city administrations on public finances and accounting soon.

Is there a specific branch-level plan of action to attract students to CA profession? CA has emerged as a challenging and attractive career option for students. It is one of the most economical study courses and provides a good career. The making of CA ensures a very deep-rooted knowledge, coupled with commitment to work hard. The direct entry scheme for graduates/PGs to CA course has come into force. Now, the commerce graduates with 55% and above marks and other graduates with 60% and above marks will be allowed to pursue articleship under CA without appearing for CPT exams and during articleship they have to clear the PCC. The existing scheme of entry to profession for PUC students through CPT, PCC group I and thereafter articleship also continues.

Where does the ICAI Bhawan project stand? The ICAI Bhawan has been a dream project which is becoming a reality due to collective efforts of the previous chairmen of the branch. The building measuring about 15,000 sqft of constructed area will have an auditorium with a seating capacity of 300, four classrooms and a computer centre. The building committee under Nithin J Shetty is making best efforts to ensure that it is completed by the end of this year. We expect it to start functioning fully by early next year.

How does ICAI value the Mangalore branch? The active contribution made by the branch is recognized nationally. Last year, we got award for the highly commendable performance from the Southern India Regional Council of the ICAI. The central office has also supported the branch activities by way of capital and revenue grants.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions