NFRA seeks public comments about audit exemption for MSME units
NFRA floats consultation paper on statutory audit. National Financial Reporting Authority {NFRA} review the quality of the listed companies in India and unlisted companies. The companies with a net worth of greater than or equal to 500 crores, annual turnover of greater than or equal to the amount of 1000 crore, paid-up capital of greater […]
Which is better: CMA with ACCA or CMA with CIMA?
The fundamentals of cost accountancy are in the CMA India course. The fundamentals of auditing are explained in the ACCA course. CIMA is the course with core subject as cost accountancy. CMA India and ACCA focus on practical skills. And CIMA focuses on digital skills. There is relevance in the subjects of CMA and CIMA. […]
ICAI reduced the study period for CA intermediate May 2022 to six month
ICAI had announced that the students writing intermediate examination after foundation must take coaching for six months. Previously this period was for eight months, and now this was reduced to six months. ICAI relaxes the study period for May 2022 applicants. The May 2021 foundation examination happened in July. The result for the foundation came […]
ICAI extends the last date to apply for the doctoral scholarship scheme
ICAI doctoral scholarship scheme: registration is open now for the members of the ICAI institute. ICAI encourage the members of chartered accountants to research their subject. To motivate the professionals, ICAI announced a scholarship scheme. In this scheme, the candidate receives 50,000 per month as a stipend for the three years. Seventy-five per cent or […]
Are ICAI mock tests helpful?
Mock tests of ICAI are helpful to get an idea about the difficulty level with the CA/CMA and ACS papers. Especially, for online exams, it is good to take the mock test as the examination requires device friendliness and tutorials to understand the technology. Moreover, the mock test gives a sense of achievement and motivates […]
What is preferable for a CA, practice or a job? What are the pros and cons for the same?
After completing CA if the student wants to practice then he needs to join the CA firm as an executive, and then become a partner of the CA firm. If the chartered accountant wants to have long-term practice then getting exposure to the different sector is essential. The experience and the earnings both are the […]
How did you become a CA? What were those major steps you have taken after 12th class?
CA is the dream profession that requires hard work. At a young age, it is easy to do more study and win over the exams with the help of a proper study plan. As a professional institute, we advise students to take up the foundation after the 12th class and do B. Com through a […]
How can I prepare for CA foundation exam? I’m doing self study
CA foundation and 12th standard syllabus have similarities. So, doing self-study is a wise decision. But fundamental knowledge that you learn from a professional course like CA/CMA and ACS was put to use in the long run. So, it is essential to learn the fundamental knowledge intensively. RR Academy trains the students now for the […]
What is the procedure to get Certificate of Completion of Articleship under ICAI?
Form 108 is available on the ICAI portal. It has details about article ship training. The article assistant needs to submit the form within 30 days. The 108 forms submitted beyond 30 days must include the cash amount of 500 or 1000 to be paid as a penalty. The principle details, Company details and salary […]
CA July Exam 2021 toppers
ICAI CA July 2021 final results declared and toppers list impress the next batch of students. CA July 2021 examination has both new and old syllabus. The lists of students consist of PritiNandan and ArjunMehra for the ICAI CA July Inter 2021 topper. The first one had secured 55.58 percentages, and the latter had 84.25 […]