ICAI offers digital audit tools for chartered accountants
In the world of technological advancement, it is essential to keep the relevant software handy for different domains that the professional is working with. In the arena of auditing, the process and knowledge requirement is put into a nutshell and designed as a software tool by the ICAI institute. This free digital audit tool is […]
Re-schedule of CA exams 2021
ICAI CA final May 2021 examination which was about to happen in May is now rescheduled to July month. It starts on the 5th of June and ends on the 11th of July for Group – I. For the Group – II students New ICAI CA Date sheet shows that the exam starts on the […]
RBI circular on joint statutory Auditor
In April, a new circular came out from RBI which emphasizes the appointment of statutory auditor for commercial banks, large non-banks, housing finance companies, and large urban co-operatives. The advantages of these RBI new guidelines are to reduce cost and also to understand audit and non-audit works during auditing. The joint auditor is the position […]
Union Cabinet recognized MOU with foreign bodies
The Union cabinet from India had recently approved the association of ICAI with other foreign countries. The discussion about this approval was chaired by honourable Prime Minister NarendraModi. IPA {Institute of Public Accountants}, Australia, CISI {Chartered institute for securities and investment, UK}, CIPFA {Chartered Institute of Public Finance and Accountancy}, Srilanka, and ICSA {Institute of […]
How postgraduates and professionals are equivalent?
April 15th 2021 announcement from UGC states that it approved the request of CA/CS and ICWA institute about M.com degree. So, M.com and CA/CS and CMA are treated as equivalent qualification from now on. There is a difference between the professional course and post-graduation. To understand the benefits of adopting post-graduation and professional qualification let […]
Which is better CMA or ACCA?
Finance Students know that CMA is the Indian certification and ACCA is the global certification. CMA is about cost accountancy and ACCA is about financial accountancy and management accountancy. From a global perspective, CMA is easier than ACCA. The course duration and exam pattern are easy to pass for CMA students. Job opportunities are also […]
Which accounting course is suitable for engineers?
Engineering and cost accountancy subject are interconnected subjects. In some of the Engineering colleges when doing engineering the subject with the name engineering economics is part of studies. To plan the human resource management and materials management there is a knowledge requirement about understanding the labor cost and depreciation. As engineers place themselves in the […]
Why financial literacy is important in the year 2021?
The lesson that scrutinized us in the year 2020 was the financial crisis. Even wealthy individuals face risks with jobs and savings. Financial decision is part of life when handling savings and investment. The income group and education of the individual are the factors that educate about personal finances. From an education perspective, how the […]
CA Crash Course Online
CA Online Crash course in Chennai at RR Academy is for revising the difficult subjects and to help the weak students. The new education policy 2021 has also mentioned the development of digital infrastructure for online learning. It instructs the teachers to be online content creators. It is essential to create digital repositories and virtual […]
If you complete CA/CMA/ACS then you get M.com. Is it true?
CA/CMA and ACS are professional courses that focus on different aspects. CA course is to audit the accounts and provide the audit report. Cost accountant takes care of the finance with competency factor. Company secretaries take care of the legal aspects of the company. M.Com is a post-graduation course that is suitable for entry-level positions […]
