« Professional Updates » Open DEMAT Account in 24 hrs  Advanced ICITSS -Adv. Information Technology Test Computer Based Mode (CBT) Schedule May, Jun, Jul, Sep, Oct, and Nov 2025  Auditing and Assurance Standards Board Online Panel of Experts for addressing Bank Branch Audit related queries  Results of the Chartered Accountants Intermediate and Foundation Examinations held in January 2025 declared.  Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A, B, C & D)  Will deadline for income tax filing change in the new Income Tax Bill?  Result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) - (20-12-2024)  Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) Adv. Information Technology Test - Computer Based Mode (CBT) Dec 2024 Jan-Feb-Mar 2025  Re-Scheduling of Chartered Accountants Examination scheduled to be held on 13th November 2024 (Wednesday) at the Examination Centre(s) at Hazaribagh (Jharkhand), Jamshedpur (Jharkhand), Ranchi (Jharkhand), Raipur (Chhattisgarh) and Jhunjhunu (Rajasthan)  The AI Committee of The Institute of Chartered Accountants of India (ICAI) invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services  Important Announcement - Stringent Action against candidates for adopting Unfair Means during CA Examination  Important Announcement - Launch of Self-Paced Module Test (SPMT) Portal «  A seat at the high table... CPE Hours for the PPC Questionnaire - ICAI... » 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.