Skills of Company Secretaries Abroad
Foreign countries provide company secretary courses under different names. CGI, CSIA, CISI, ICGN, MACS, IVSC, and UNIC are the names of the institutes that operate in foreign countries for providing company secretary ship courses. Different roles of company secretaries working in India and abroad are as follows: Key managerial personnel, advisor to the board of […]
Company Law Panel decided to Extend Advisory Service
In 2019, the company law panel was formed, and it has a proposal to extend the advisory services till 2023. The Company law committee recommended changes in the Limited liability partnership act and the Companies act that connects to raising capital and strengthening statutory audit and joint audits. It helps retail investors to gain profit […]
The split of EY creates a trend for auditing firm
Ernst & Young is to split its audit and consulting business acquiring new markets and managing the challenges. Ernst & Young is an auditing firm that works for consultation opportunities and auditing jobs. Recently, the firm announced the split of business. The new announcement came out at an odd time. Big five firms changed as […]
DFSA fines KPMG
KPMG is among the big four firms alongside PWC, Deloitte and EY. KPMG is responsible for the documents, employees’ conduct, and misleading information. The British auditing regulator FRC confirmed to the London tribunal that KPMG is admitted with a fine of around 14.4 million. The Dubai financial services authority also confirmed that the audit firm […]
Supreme Court’s observation about tax audit limitations to chartered accountants
Supreme Court expressed the views and observations from a plea about the rule of ICAI. The rule is related to the professional ethics of chartered accountants. This year the number of audits is confined to sixty per year. This rule is under debate as it explains professionalism and fundamental rights. The fundamental rights of citizens […]
Data protection and data breach in India
In India, the Joint parliamentary committee is examining the PDP bill. The sectoral regulators monitor data protection in payment systems, healthcare, telecoms, and e-pharmacies. The Information technology act, 2000, SEBI data sharing policy, 2019, and RBI guidelines on cyber security framework for banks and information security, 2016 are the compliances that support data protection in […]
Young Chartered Accountants Award
In India, the seventy-five years of independence were measured by industrial, agricultural, educational development and women empowerment. Agriculture is the source of raw material supply for the textile industry, Export and food processing companies. Agriculture falls under the MSME sector and is honoured with schemes, loans, and subsidies for monetary issues. Finance professionals, lawyers, engineers, […]
How to re-verify CA marks?
Recheck/verification of marks poses the question of whether they will reduce marks after the revaluation. As a matter of policy, ICAI does not reduce marks after revaluation. There are two chances after the procedure for revaluation: one is no change of marks, and the other one is an increase in marks. The marking system has […]