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: VAT Audit :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: articles on VAT and GST in India :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: TDS :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARD
 
 
ICAI »
 Extension of last date for submission of application forms for Information Systems Audit-Assessment Test (ISA-AT), upto 10th December 2016.
 Four Weeks Residential Programme to be held from 28th January, 2017 to 24th February, 2017 at Centre of Excellence, Hyderabad for Women Participants only.
 CPE Events 5th December - 10th December 2016
 Here's how your employer can help you save tax
 Introduction of facility for online submission of requests for issue of duplicate mark sheets/pass certificates.
 ICAI invites suggestions on revised Model GST Law
 Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by the Auditing and Assurance Standards Board
 President's Message - December 2016
 Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 6
 Announcement regarding registration as an Insolvency Professional with the Indian Institute of Insolvency Professionals of ICAI
 CPE Events 28th November - 3th November 2016

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 2016 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