Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: TDS :: articles on VAT and GST in India :: cpt :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: form 3cd :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT Audit
 
 
« News Headlines »
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful
 Your deposit may draw income tax notice
 Accepting payment under IDS 2016
 New disclosure scheme could see 50% tax and 4-year limit on cash use for unaccounted deposits
 Pay 50% tax on unaccounted deposits, or 85% if caught, says Modi government
 Deadline to pay property tax in old currency extended
 Cabinet clears amendments to Income Tax Act

Accountants body changes name to carve bigger role in new corporate world
January, 21st 2012

The Institute of Cost and Works Accountants of India (ICWAI) has been rechristened as The Institute of Cost Accountants of India (ICAI).

Addressing mediapersons, a senior office-bearer of ICAI, Rakesh Bhalla, said the reason for change of name is that India is now not just a manufacturing hub, but an international business centre.

Hence in the new business environment, financial professionals are also involved in enhancing productivity, working out the marketing strategy ensuring better corporate governance. Anil Sharma of ICAI added that institute has played a pivotal role in the corporate world and imparts training to accountants from various countries. Balwinder Singh of ICAI added that the institute has revised its academic and practical training scheme from six months to three years.

Bhalla told mediapersons that the name of the institute has been changed after the ICWAI (Amendment) Act 2011 was passed by the Rajya Sabha and the Lok Sabha, and was approved by the President.

A gazette notification was then issued by Ministry of Law and Justice in this regard, and members of the institute have been re-designated as ACMA and FCMA.

The institute is a member of the International Federation of Accountants (IFAC), the Confederation of Asian and Pacific Accountants (CAPA) and The South Asian Federation of Accountants (SAFA).

Bhalla said ICAI is a leader in its field in the South Asian region, since it also imparts training to accountants from overseas countries. The institute has also signed Memorandums of Understanding (MOUs) with sister institutes in USA, UK, Australia and Russia.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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