How was the accounting profession in 2022?
The accounting system is recording day to day transactions and prepares statements. Auditing is checking the final statements and preparing an audit report to convey the company’s financial position to the stakeholders. Auditors do the sample test with a random statement. Depending upon the facts and evidence, they prepare the reports. Auditors understand the different […]
How to clear CMA old syllabus with high marks?
In the year 2016, ICMAI introduced a syllabus. The old syllabus of CMA belongs to the old law and business processes. CMA’s new syllabus will come into practice in 2023. CMA’s old syllabus is about to come to an end. The students enrolled in the old syllabus complete the CMA course between June and December […]
How do Cost Accountants help MSMEs?
ICMAI seek permission from the government of India to do cost audit for MSME companies. As per global standards, there is a necessity for conducting a financial audit for MSMEs. ICMAI conducts research programmes. It has 5 lakh students and 90,000 members. According to the previous year’s law, MSMEs with 5 crores of turnover will […]
CA, CMA and ACS Online Classes work well for Professional Students
Students wanting to study CA, CMA and ACS prefer online classes. The reason is physical strain, expenses, and time management. The features of RR Academy online classes are regular classes, backup classes, recorded classes for revision and online tests. The blog starts with challenges in professional education and highlights the features of standard CMA online […]
New Audit Market in India: Open Audit Industry under FTA
ICAI: open audit industry under FTAs reciprocally implies the business opportunity for international and Indian auditors. The president of ICAI, Debashis Mithra, said the above statement at a gathering. The institute is checking the pros and cons of the recommendation. The Big four firms that operate in foreign countries are enjoying high revenue. EY India […]
ICAI takes the Initiative to Develop the Data Analysis Subject
As the New Year is booming with new subjects. Let us shed light on a new subject that intrigue the readers. Auditing is a traditional subject, and it requires timely changes. Data analytics is a new technology and its benefits are to multiple industries. ICAI is introducing data analytics to the students through subjects, webinars […]
Why the accounting wizard examination for 12th-standard students? Series four
The last series is about age. Age is just a number. But completing the education at the right age makes sense. The job market selects the candidate based on qualification, age, experience, communication skills and people skills. Completing the course at the right age implies that the student value the job. He takes the opportunity […]
What is the role of a company secretary in misleading financial information?
The role of a company secretary in a Limited Corporation is to check the financial statements, advise the board on the decisions, and protect the company. In the case of an unlimited company, the liability is huge, and the shareholders accept more liability. Here the role of a company secretary is financial and ministerial. This […]
Why the accounting wizard examination for 12th-standard students? Series three
As the saying interprets that everything happens for a reason RR Academy intend to start the blog content with a quest to value the accounting wizard examination. By reading the previous blogs, the commerce student would have understood the importance of syllabi and competitive examinations. This blog curated the scholarship and financial stress of a […]
ICAI scholarship to the students for 2022
The ICAI web portal offers information about the government extended helping hand for the CA aspirants. The ICAI notifications for 2023 explain the date and amount of the scholarship. The scholarship would be given to the students in April and October before the commencement of the new batch. ICAI offers need-based CA scholarships and merit-based […]
