« Top Headlines » Open DEMAT Account in 24 hrs  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  To beat tight taxes, shipowners sail to safer shores... Own a fake PAN card? Pay a fine of Rs 10,000... » ICAI inks pact with UAE firm for international curriculum September, 02nd 2006 The Institute of Chartered Accountants of India (ICAI) has signed a memorandum of understanding with Abu Dhabi-based Centre of Excellence for Applied Research and Training (CERT) to devise an international accountancy curriculum. The new curriculum, ICAI president TN Manoharan said here on Friday, would integrate local needs and would keep in mind various requirements of accountancy and audit professionals at different levels. The MoU was signed by Manoharan and Tayeb Kamali, vice chairman of CERT. According to the MoU, the two agencies would review the existing education and skill sets in the area of accountancy and auditing. A strategic plan would be prepared for the development of accountancy and auditing profession in the UAE to ensure independence and impartiality. ICAI and CERT would also explore establishment of an independent institute for promoting chartered accountancy as a profession in UAE, Manoharan said. COUNTING ON ACCOUNTING As per the MoU, ICAI and CERT will review the existing education and skill sets in accountancy and auditing The new curriculum will keep in mind the requirements of different levels of accountancy and audit professionals ICAI had earlier assisted formation of the Institute of Chartered Accountants of Nepal in Nepal. In the past also, ICAI helped the accounting bodies in Sri Lanka and Nepal launching the post qualification course on Information Systems Audit. ICAI has recently introduced a new curriculum for CAs. The curriculum included a new subject dealing with the whole gamut of financial reporting, especially corporate financial reporting. The subject would also focus on IFRS-based financial reporting and US GAAP-based financial reporting. This was aimed at making the Indian chartered accountants globally competitive. Indian chartered accountants would have competitive edge to work in the Indian MNCs as well Indian subsidiary of foreign companies with the domain expertise in financial reporting in accordance with various accounting standards.