Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Professional Updates »
Open DEMAT Account in 24 hrs
  IMPORTANT ANNOUNCEMENT
 Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024
 Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May/June 2024
 Guidance Note on Audit of Banks (2024 Edition)
 Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)
 Implementation Guide on Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 (Revised 2024 Edition) - (12-02-2024)
 Important Announcement for May-June 2024 CA Examinations
 Draft Bank Branch Auditors' Panel (MEF) for the year 2023-24
 Results of the Chartered Accountants Final and Intermediate Examinations held in November 2023 declared.
 Observations of the candidates on the question papers of CA Foundation examinations - December - 2023
 Inviting suggestions by way of Questionnaire for preparation of ICAI Vision 2049

Constitution of Group for formulating the Detailed Action Plan - Ministry of Corporate Affairs
March, 21st 2017
No.M-626/2017 20th March, 2017
ALL MEMBERS OF THE COUNCIL

Subsequent to a communication from Ministry of Corporate Affairs, a meeting was held on 8th March, 2017 under Chairmanship of Joint Secretary, Ministry of Commerce which Joint Secretary, Ministry of Corporate Affairs also co-chaired; with Stakeholders and Industry Association to develop Short & Long Term Action Plan to provide services in Accounts and Finance Sector to access overseas markets.

After the meeting, ICAI has been asked to give a report inter-alia covering the following aspects:

  • Identification of the accountancy, finance and related services with the potential of exports and related geographical markets.
  • Assessment of skill requirements and building capacity for accessing the markets.
  • Whether the present legal structure of the organization is able to cope up with demand & opportunities exist in global market – what are the GAPS and how to overcome the GAPS.
  • Identify the regulatory impediments which are coming in way of signing of MOUs/MRAs and suggestions from ICAI to overcome the same.
  • To make ICAI competitive in global market, what regulatory changes are required in ICAI framework.
  • How to prepare an aggressive road map for better engagement & opportunities in global market e.g. Foreign Language Module.
  • What could be the maximist offer for GATS after studying the offers given by other Countries.
  • What approach should ICAI follow for up skilling semi-skilled accountants and also to explore opportunities for placement in India & outside India especially in commonwealth Countries.

A copy of note circulated by Ministry of Commerce at the meeting is enclosed.

The President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February, 2017, has constituted a Group for formulating a detailed action plan for submission to the Ministry in the aforesaid matter; with the following composition:-

  • CA. Sanjay Kumar Agarwal, (Convenor of the Group)
  • CA. Tarun J. Ghia, Member
  • CA. (Dr.) Debashis Mitra, Member
  • CA. Mangesh P. Kinare , Member
  • CA. M P Vijaykumar , Member

Shri Rakesh Sehgal, Director, will act as a Secretary of the group.

The said Group will submit its report within 15 days of its formation.

Yours faithfully,

( V. Sagar )
Secretary
Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting