Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Professional Updates »
Open DEMAT Account in 24 hrs
 Draft Bank Branch Auditors' Panel (MEF) for the year 2025-26
 Commencement of Live Virtual Classes for the students of CA Intermediate course appearing in September 2026/ January 2027/ May 2027 Examinations
 IMPORTANT ANNOUNCEMENT - Information Systems Audit - Assessment Test (ISA - AT), 7th February 2026
 Important Announcement - Self-Paced Module Test
 Exposure Drafts issued by the Internal Audit Standards Board
 Last Opportunity for submission of MEF 2025-26
 Announcement - Hosting of Multipurpose Empanelment Form (MEF)- 2025-26
 IMPORTANT ANNOUNCEMENT - CA September 2025 Exams
 Postponement of Chartered Accountants Final & Intermediate Examinations Scheduled to be held on 3rd and 4th September 2025 in the State of Punjab and Jammu City only.
 Inviting nomination for ICAI 40 under 40:CA Business Leader Award in association with ZEE Business.
 Limit on Number of Tax Audits (effective from 1.4.2026)

Fair value accounting stressed
December, 20th 2008
AN INDIAN finance professional has highlighted the importance of fair value accounting at times of financial crisis. Ramesh Mahalingam was speaking at a seminar organised by the Doha chapter of the Institute of Chartered Accountants of India (ICAI). Mahalingam is the chief finance and investment officer of Finance House, a UAE-registered financial institution headquartered in Abu Dhabi. The deregulation in the US banking industry blew away the restrictions on banks, both on interest rates and nature of their business, he said. He said the initiatives by standard-setting bodies such as the International Accounting Standards Board and Financial Accounting Standards Board in introducing fair value concepts in accounting and presentation of financial statements were steps in the right direction. Fair value accounting, he said, was an attempt to overcome shortcomings of historical cost, giving its users a clearer picture of the companys economic state. ICAI Doha chapter chairman Kurian Kuriakose introduced the speaker and later proposed a vote of thanks.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting