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 »
 High Power Group on Infrastructure Leasing & Financial Services Limited (IL&FS) Matter
 Exposure Draft of Accounting Standard (AS) 40, Investment Property (Comments to be received by November 10, 2018)
 Commencement of the Next Batch of the Certificate Course on Wealth Management and Financial Planning to be commenced on 8th December, 2018 at Pimpri Chinchwad : An initiative of CCBMP, ICAI
 Exposure Draft - ICAI Code of Ethics, 2018
 Launch of Batch of Educational Course by ICAI Registered Valuers Organisation (ICAI RVO) at Centre of Excellence (COE), Hyderabad from 10th November, to 2nd December, 2018.
 Internal Auditor can’t undertake Goods and Service Tax (GST) Audit of same Entity due to Role Conflict: ICAI
 Exposure Draft of Accounting Standard (AS) 38, Intangible Assets (Comments to be received by November 2, 2018)
 CPE Events 1st October - 6th October 2018
 ICAI-President's Message - October 2018
 Announcement - Internal Auditor not to undertake GST Audit simultaneously
  A unique and exclusive Job Portal for Chartered Accountants https://cajobs.icai.org has launched where no. of companies and vacancies increasing every day. Members can find a best job on this portal that matches their interest.

SIRC of ICAI Observes Chartered Accountant Day
July, 02nd 2010

Chartered Accountant Day was celebrated at the city branch of the Southern India Regional Council of The Institute of Chartered Accountants of India (SIRC of ICAI) on Thursday June 1.

The chief guest of the programme DK deputy commissioner V Ponnuraj said that chartered accountants (CAs) play a vital role in the development of any company, institution, or firm; so the CA should be cautious in whatever they do.

He cited the example of software company Satyam which was at the top and then faced loss due to accounting failures.

Ponnuraj added that one should follow ethics as it is very important and is a challenge to the accountants.

Accountants should see to it that all the companies pay tax as many companies like Reliance and Tata are following the zero tax paying systems. If the tax is not paid by the big companies, the government cannot survive, he added.

Vinay Hegde, president and chancellor of NITTE Institute, was the guest of honour who said that CAs are the bridge between the public and a companys stake holders, managements, and institutions.

So, the accountants should take care in their work to clear the loop holes and ensure that all interests are looked after. Stake holders and people first look at the auditors reports; that is the level of respect the common man has for the CA, he added.

Adding to this, Hegde said that very few become CAs and to become successful the public looks at the persons ability and good qualities add up to their success.

Private organization seeks profit but a fair name should be gained because if this is lost the failure of the company is permanent. Highest level of integrity makes a real auditor, he said.

Giridhar Prabhu of Achal Industries said that a student who practices for five years should be given a certificate.

He reiterated the DCs views and said that the biggest loss to the nation is from government entities like the city corporation which has not done auditing for 11 years and the government wastes a lot of the budget by unplanned accounting and single entry in the government system which causes crores of loss to the country.

CA Chandramohan K Y welcomed the gathering. S Shrinivas Kamath, Murali Mohan, and many other CAs were present at the programme.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

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