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: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: articles on VAT and GST in India :: due date for vat payment :: ACCOUNTING STANDARDS :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT Audit :: ACCOUNTING STANDARD :: list of goods taxed at 4%
 
 
« News Headlines »
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 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

CA rush on, never mind Satyam
March, 09th 2010

Last years revelation of an accounting scandal in Satyam Computer Services has not dented the charm of accounting as a career, it seems.

Between February 2009 and 2010, the number of candidates registering with the Institute of Chartered Accountants of India (ICAI) to qualify as a chartered accountant has grown by more than 25 per cent.

The level of enthusiasm has not wavered, and at a time when there have been several job cuts, chartered accountants have remained untouched by the economic crisis, said Amarjit Chopra, president, ICAI.

In the span of one year, the number of aspiring CAs under ICAI has risen from 5.05 lakh to 6.3 lakh, and it has nearly doubled from 3.5 lakh in 2008.

The role of auditors has come under the scanner after B Ramalinga Raju, the disgraced founder of Satyam Computer Services Ltd (now renamed Mahindra Satyam), confessed to doctoring of the companys accounts for several years.

ICAI, the professions regulator created by an Act of Parliament, is now planning a correction in its course content to make the curriculum contemporary and more relevant to industrys needs.

We will revise the study material very soon because there is a strong need to re-orient and revise to bring in more applicability skills in training procedures, Chopra said. 

The global economic meltdown that roiled the world economy also seems to have spared CAs as compared to management professionals majoring in finance.

Though the latter half of 2008 and 2009 were marred by job losses, most of them were MBAs with high salaries, said the head of a leading executive search firm, who did not wish to be named.

ICAI is also organising campus placement programmes to help qualified chartered accountants find suitable jobs across major cities.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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