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
Latest Expert Exchange
ICAI »
  Exposure Draft of Standard on Internal Audit (SIA), Planning the Internal Audit Assignment (Comments to be received by June 15, 2018)
 Four Weeks Residential Programme to be held from 4th June, 2018 to 1st July, 2018 at Centre of Excellence, Jaipur for Men Participants only.
 Inputs/ Suggestions Invited on Draft Revised Syllabus for the Post Qualification Course on Information Systems Audit formulated by Digital Accounting and Assurance Board of ICAI latest by 31st May, 2018.
 Exposure Draft of Accounting Standard (AS) 109, Financial Instruments (Comments to be received by June 30, 2018)
 Register for Exclusive First Batch of Spanish Language (60 Hours) for ICAI Members and Students at Delhi and Mumbai - 4th June 2018 - Last Date of Enrolment is 21st May 2018
 FAQ on accounting treatment of increase in liability due to enhancement of the gratuity ceiling.
 SAFA accepts recommendation of the ICAI for forming SAFA Women Empowerment Committee and replicating the digital initiatives of ICAI.
 CPE Events 14th May - 19th May 2018
 Four Weeks Residential Programme to be held from 28th May, 2018 to 24th June, 2018 at Centre of Excellence, Hyderabad for Women Participants only.
 Regarding omission of Rule 9 of Chapter X (Audit and Auditors) of the Companies Act 2013 pertaining to Section 147 (5) (Punishment for Contravention) of the Companies Act 2013
 Be an expert on the panel of Women Entrepreneurship Platform (WEP) of NITI Aayog

ICAI expanding base
June, 23rd 2009

The Institute of Chartered Accountants of India (ICAI) will place itself globally by "hard selling" Indian chartered accountancy and auditing standards. It has already signed Mutual Recognition Agreement with different institutes and professional bodies in England and Wales and soon similar agreements will be signed with Canada, Australia, Ireland and Singapore.

Addressing a press conference here today president of the ICAI Uttam Prakash Agarwal said Indian accounting system was one of the best and most complicated in the world and there were checks and balances in every step of accounting and auditing. The ICAI was imparting technical know how to the west Asian countries and the Gulf. The Institute has already entered an agreement in Africa and the Orient and has agreed to impart accounting education in Djibouti and Mongolia.

Mr. Agarwal quoting a world bank report stated that absence of accounting and auditing standards in a majority of nations in African continent has to be corrected by taking examples of fool proof accounting and auditing systems from other countries The ICAI  will share with Africa its expertise in this field, he said.

The ICAI has also introduced a new 11-month course - accounting technicians for students who have passed their plus two level earlier this year.

Citing a world bank report that allegedly lack of any accounting and auditing standards in a majority of nations in the African continent, the ICAI is looking towards Africa with greater interest in an effort to share its expertise in this field with these nations. The MoU signed with Djibouti is a beginning made in this direction and we have students from Djibouti as well as Mongolia coming over to India to pursue their CA course, he said.

The ICAI, set up as per an act of the Parliament has 118 branches, five decentralized regional offices and 21 chapters outside India.. The ICAI will train these students in the nuances of accounting and they will take up the task of preparing annual balance sheets of small firms. This, he said, will help the firms tide over shortage of qualified accountants who can do this statutory requirement for reasonable consideration.

Earlier Mr. Agarwal inaugurated a conference of chartered accountants in the city and addressed them.

 

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Services SEO LLC e-boost Search Engine Optimization Services Internet Marketing Services Website Placement Services On-site Webs

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