Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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 :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: list of goods taxed at 4% :: form 3cd :: empanelment
 
 
« ICAI »
 Roll Nos. / Exam Centres of IRM Technical Exam, INTT AT, MAC(Part-I) & TMC(Part-I) Exams to be held in November, 2017
 Opportunity for IFAC CEO Job Position
 68th Annual Report and Audited Accounts of the Institute for the year 2016-17
 Change of Venue in respect of some of the Candidates of Intermediate (IPC) and Final Examinations at Mumbai, in respect of November 2017 exams
 CPE Events 9th October - 14th October 2017
 Exposure Draft of the Accounting Standard (AS) 23, Borrowing Costs (Comments to be received by October 31, 2017)
 Exposure Draft of the Accounting Standard (AS) 24, Related Party Disclosures (Comments to be received by October 31, 2017)
 ICAI Invites Suggestions for Pre-Budget Memorandum-2018
 CPE Events 2nd October - 7th October 2017
 President's Message - October 2017
 Discontinuation of Online Sales Portal www.icaionlinestore.org

ICAI denies showocause withdrawn
November, 06th 2009

Media reports on Wednesday said that ICAI had withdrawn the showcause notice issued to Price Waterhouse for alleged violation of norms

The Institute of Chartered Accountants of India (ICAI) on Thursday denied media reports that it has withdrawn an 8 October showcause notice against accounting firm Price Waterhouse that was statutory auditor for the erstwhile Satyam Computer Services Ltd. Price Waterhouse New Delhi in a Wednesday statement claimed that the notice had been withdrawn.

Subsequently, media reports on Wednesday, including in Mints Thursday edition, also said that ICAI had withdrawn the showcause notice issued to Price Waterhouse for alleged violation of norms. In a clarification issued on Thursday, ICAI said that Price Waterhouse having its head office at New Delhi had filed a writ petition before the Delhi high court which had come up for hearing on 3 November, 2009.

The court observed that the director discipline shall decide and issue fresh notice to Price Waterhouse (New Delhi) and thereafter proceed further in accordance with the Chartered Accountants Act and Rules framed there under.

Satyams founder chairman B. Ramalinga Raju confessed in January to having doctored the firms accounts for several years to the tune of Rs7,.136 crore.

Price Waterhouse had been the firms auditors and at least two employees subsequently confessed to having been aware of the fraud. Satyam has since been sold Tech Mahindra Ltd.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

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