Difference between a financial advisor and an auditor

Different financial professions handle the monetary needs of corporate. Financial advisors, accountants, wealth managers and auditors manage corporate challenges and investments. Investment opportunities and tax planning are the jobs of a financial advisor. Thinking about the tax implications and planning are the job of an auditor. Financial advisors give consultation on the following matters: tax […]
Importance of mock test in CA foundation

In CA foundation, students learn about principles and practice of accounting, Business mathematics and logical reasoning, Business laws and business correspondence, reporting and business economics and business and commercial knowledge. The subjects enhance the basic knowledge, and advanced knowledge required for learning chartered accountancy courses. ICAI institute will upload the mock test papers two times […]
What is a USFDA audit in pharmaceuticals?

The recent news from SEBI is that SEBI issued a warning notice to Aurobindopharma on June 27, 2022, about the USFDA audit. In 2019, USFDA audits peaked at 239 numbers. The evolving standards in manufacturing and pharmaceutical companies demand the USFDA audit. The database of USFDA states that there is a shortage of more than […]
CA student journal celebrates 25th anniversary
BOS Journal is the repository for study material for the students. BOS publish the monthly edition to benefit the student community. Students – ICAI enjoy the learning platform with gratitude. ICAI wants to mark the 25th anniversary with a silver jubilee celebration. This journal provides the monthly news, events and articles that enrich the student’s […]
What are the job opportunities for non-graduate CA?

In 2021, UGC and ICAI have declared that chartered accountants are equivalent to postgraduates. Non-graduate CAs are eligible to work as registered valuers. A previously chartered accountant with an experience of three years as a chartered accountant along with graduation is eligible to work as a registered valuer. Though it is an old amendment, it […]
Law firms from India receive the 2022 Award

Indian business law journal provides legal news in India. They have listed 38 types of legal advice from law firms. They have grouped seven top firms under each advice service. The law firms are awarded a listing of one as the top and seven as the winners. The talent of the legal community in India […]
Data analytics accelerate the growth of the business

Data analytics bring the business data with visual models. The trusted data collection sources, key metrics, model data, and assessment of the predictive and descriptive analytics are the avenues of data analytics. Visual models and actions help for making the operations of the business efficient. Technology brings data from the different phases of business. This […]
Chartered accountants body recently conducted CEOs and CFOs meet

Chartered accountant’s body holds meet for the senior members. The Southern India Regional Council organised an official meeting for the professionals working as CEO and CFO in big corporates. The production cost and profit are industry-specific. The agriculture sector envisages high production costs and less profit. To identify the cost that increases the cost of […]
The UK thinks about new audit rules

In the UK, lawmakers and practitioners of auditing want to restructure the audit rules. The framework used for internal control functions is with a motto to reduce risk and improve income. The competition with private companies increases because of the transparency in the operations. The reporting format, auditing process, and governance will increase the competition […]
Public comments requisition for new training scheme of CA

The proposed scheme of education and training requires changes. The chartered accountant’s act, 1949. Part III of section 4, dated 2nd June 2022, is published on the ICAI website. The institute is seeking public comments regarding the changes. Academicians and members can submit feedback with personal details through the form. The form registers the name, […]