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: ACCOUNTING STANDARD :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: empanelment :: VAT RATES :: articles on VAT and GST in India :: TDS :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: ACCOUNTING STANDARDS
 
 
« General »
 Why consumers should welcome GST
 Retailers need to file single GST return every month
 Aadhaar is must for income tax returns if you have one; Here's how you can file it online
 Will it be a tax haven above the law?
 Your mutual fund investment tax efficient? Here are 3 steps to ensure utmost efficiency for your portfolio
 Finally a goods and services tax. But what lies ahead?
 Tax May Rise On Outbound M&As, Indian Mncs’ Investments
 Filing income tax return? Do remember to claim benefits on your reimbursements
 Banks will have a hard slog ahead to get GST-ready
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956
 Introduce indemnity clauses with suppliers on tax compliance: Expert

Bigger role seen for chartered accountants in project monitoring
April, 26th 2011

Chartered accountants have a greater role to play in project monitoring in the years to come when significant infrastructure development will take place, said S. Viji, chairman, Sundaram Finance Limited, on Monday.

Inaugurating the diamond jubilee celebrations of the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India (ICAI), he said the International Financial Reporting Standards (IFRS) was ahead and it would be a challenge to restate and adapt that in the Indian context.

Time was running out for companies, especially for those in the financial services.

Apart from the traditional role of recording transactions, the chartered accountants had a greater role to play in project monitoring and tracking financials for projects, especially in infrastructure where the nation had a problem.

As the nation embarks on rapid growth, environment and sustainability should be of prime concern, he said.

As NGOs would play a greater role in development process, Mr. Viji said the accounting of NGOs had to be made transparent and accountable for which they would have to fulfil certain standards.

Stressing on robust reporting standards, he said the role of auditors could be demanding and exacting with increase in investment. On the brighter side, he said the career opportunities were boundless for chartered accountants.

G. Ramaswamy, president, ICAI, said the institute had submitted suggestions on direct taxes code and goods and services tax to the ministries concerned and was working with the government closely. He saw a great opportunity for the audit professionals in these two areas.

Jaydeep Narendra Shah, vice-president, ICAI, said the institute had decided to grant 15 minutes of additional time for students appearing for the exams to read the question paper which had been welcomed by the student community.

Nalli Kuppuswami Chetti was the guest of honour at the celebrations. SIRC chairman K. Shanmukha Sundaram and secretary S. Murali participated.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

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