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: form 3cd :: TDS :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: due date for vat payment :: empanelment :: ACCOUNTING STANDARD :: VAT RATES :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit
 
 
News Headlines »
 Make your inventory and invoicing software GST Ready from Binarysoft
 Filing income-tax returns gets simpler for salaried persons
 Ten rules you must follow while filing income tax returns
 Reforming the income tax tribunal
 How the new system might impact consumers and businesses
 10 ways you get benefited from filing your tax return
 Returns under CGST Act,2017 with Rules
 Ten facts to know about filing income tax return this year
 The Ten Commandments of Tax Filing
 How to claim income tax refund
 How to time your buys to have best of two tax regimes

ICAI to draft CA curriculum for UAE
September, 08th 2006
Also to explore possibilities of forming a body there The Institute of Chartered Accountants of India (ICAI) has been assigned with the task of developing a curriculum for accounting profession in the United Arab Emirates and on exploring the possibilities of establishing a professional body in the UAE. In this regard, the ICAI signed a memorandum of understanding with the UAE Government on August 25. Inaugurating a seminar on `Practice Management', organised by ICAI in Mangalore on Thursday, Mr T.N. Manoharan, ICAI President, said that the UAE has entrusted the responsibility of developing a curriculum for accounting profession and training modules to enhance the skill sets of the existing professionals in that country. "We signed a MoU with the Centre of Excellence for Applied Education and Training, under the Ministry of Education in UAE, on August 25," he said. The ICAI has been pursuing the UAE Government for the past three to five for an accounting standard. CA CURRICULUM Mr Manoharan said that the Union Ministry of Company Affairs gave its final approval for the CA curriculum on Wednesday. "It has now gone to the Law Ministry. Within a week, that will also be approved. The first CPT (common proficiency test) has been scheduled for November 12, 2006," he said. In next one year, the volume of students aspiring to become CAs will increase multi-fold. "We will be able to produce larger number of CAs, without compromising on the quality," he said. The new curriculum will address the geographical imbalance in the number of CAs in the country. "There is a disproportionate growth in the professionals, geographically. Profession seems to be growing more in metros than in other towns. As the number of CAs increases the probability of them settling in small towns and cities also increases," he said. Referring to the recent meeting of the ICAI delegation with the Union Finance Minister, he said the Minister has instructed the Central Board of Direct Taxes and the Central Board of Excise and Customs that no circular should be issued without taking the views of ICAI. DOMAIN EXPERTISE He urged the younger generation to think of other areas than tax audit and bank audit. They can think about concentrating on non-exclusive areas such as consulting and accounting knowledge processing outsourcing (AKPO). "Thus we can grow and consolidate," he said. Delivering the keynote address, Mr T.V. Mohandas Pai, Director (HR), Infosys Technologies Ltd, said that the CAs have the fiduciary duty to exercise independently without the fear of consequences. Highlighting the challenges before the country, he said the country might need three times more the number of CAs in the next 20 years. "The professional of tomorrow will be the person with domain expertise knowledge. In future we need to have larger firms and domain experts," he said. Urging the accounting professional to use the power of technology, he said, "Clients are going to demand a high-level of technological competence amongst us."
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

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