New Model for CA firms
In India, the CAs working in the domestic audit firms cannot work as partners in the Big Four firms. Employment and independent practice are the two routes with the same destination for a CA professional. ICAI and MCA are changing the guidelines to the LLP Act to make domestic CA firms global and competent. LLP […]
The success of siblings in the CA examination
CA examination is one of the toughest examinations that requires motivation and hard work. In 2021, Nandhini Agarwal set a Guinness world record. Nandhini made a record by clearing the CA examination with AIR1 at a young age. She is the youngest female chartered accountant in the world. The secret behind her success is her […]
The new president and office bearer of ICMAI
ICMAI elected the 67th president on 22nd, July 2024. The election was held in New Delhi. CMA Bibhuti Bhusan Nayak has over thirty years of experience in cost and management accountancy. He is the proud cost accountant from Odisha with a crown of third cost accountants from the state. TCA Srinivasan Prasad is the new […]
CA in fin-tech and aggrotech start-up
Apart from Big Four firm jobs and owning a CA consultation firm, chartered accountants have opportunities in the start-up space. Many Indian companies are successful in the start-up business because of the availability of venture capital and innovative ideas of educated professionals. The blog intrigues readers with information on the responsibilities and proven track record […]
International centre for audit of local governance
CAG is the government department that audits the union and state government departments. In August 2020, Shri Murmu was appointed comptroller and auditor general of India. He has experience in various departments of the Indian government. He was the first lieutenant governor of Jammu and Kashmir. He worked as the secretary in the Department of […]
SEBI rules for company secretary
SEBI floated a research paper on the 26th of June 2024. The paper talks about the changes in the rules related to the job of company secretary. The research paper is for public comment. The blog intrigues readers with its view of SEBI and the changing demand for company secretaries. To increase transparency and streamline […]
Why B.com with CA, CMA or ACS is the Right Decision?
After completing B.com, students think about the global and Indian qualifications. Why Indian students should not opt for ACCA? Is this the question that cracks the minds of many students? Read further to make the right decision. Before experiencing the advantages of the Indian qualification students opt for the global qualification. Indian qualification like CA/CMA […]
Internal auditors and entrepreneurs in India
After completing CA intermediate-level, students join for article ship training. Chartered accountants tend to experience the dilemma of choosing one from two roads that diverge in Yellow-wood. CA intermediate-passed students can work in statutory, internal and tax audits. The students think that all the subjects are good for securing high marks in the CA final […]
Collaboration of ICAI
Ministry of Electronics and Information Technology checks the internet services, IT-enabled services, e-commerce, e-medicine, e-governance, and e-infrastructure. MEITy is a standalone agency. The ministerial agency works for the functioning of strategies and policies in the IT and electronics industry. The ministry sponsor for the information on the Northeast Heritage website. In 2012, the Department of […]
Difference between accounting standards and principles
Accounting principles are rule-based understanding that aids in recording financial transactions, reporting financial results and valuing assets and liabilities. The accounting principles support the mission of GAAP. Accounting principles are essential for comparing the financial statements. Entity, consistency, measurement, period, objectivity, full disclosure, materiality, and prudence are examples of accounting principles. Accounting principles are the […]
