In the UPSC examination, the students can select one optional subject from 48 subjects. Candidates with professional qualifications and finance experience have a strong foundation in commerce. It is easy for chartered and cost accountants to understand the advanced-level topics in the UPSC mains. The data from five years of statistics of UPSC examination reveals…
Private and public companies adhere to the rules, regulations and laws. Company secretaries are professionals with an intense knowledge of laws, securities, and corporate governance. Companies should maintain ethical standards and follow compliance. The demand for a company secretary is rising. However, the supply of the company secretaries is comparatively low. The reason for the…
The Securities and Exchange Board of India regulates the securities market in India. In 1988, the Government of India established the SEBI. In 1992, the non-statutory body was declared as the statutory body. The professionals working in SEBI promote investment, and investor’s interest, and regulate and develop the securities market. The eligibility to work in…
Regulatory bodies are the authorities which by statute, regulations, rules and code of practice are entitled to investigate, regulate and influence the finance and legal system in the country. Regulatory body strengthens the standards in different sectors. The following operations explain the role of a regulatory body in the country: promoting fair trade, protecting customers,…
The purpose of auditing in companies is to produce the auditor report for regulatory bodies. All listed companies submit the auditor’s report. The regulatory bodies and investors believe in the financial performance and the audit report from the auditors. In a broad view, apart from statutory audits, the companies conduct internal audits, tax audits, cost…
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…
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…
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…
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…
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…
