By learning the chartered accountancy course the student understands financial statements and tax calculations. Finance is changing as per the evolving trends. Knowledge is not power. The application of knowledge is power. In the modern world, inflation is high. We get data for all the transactions. The point is to use the data in a…
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…
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…
The general issues in judicial matters are resolved with knowledge-based decisions from the courts. A specialised administrative agency that provides faster adjudication is called a tribunal. The court handles personal issues in all matters. The two types of tribunals handle special subject matters and administrative issues. GST council has formed a group of ministers to…
Recheck/verification of marks poses the question of whether they will reduce marks after the revaluation. As a matter of policy, ICAI does not reduce marks after revaluation. There are two chances after the procedure for revaluation: one is no change of marks, and the other one is an increase in marks. The marking system has…
According to the record for the 2018 year, the demand for chartered accountants stood at 2.82 lakh. As per the record, the chartered accountants in practice was 1.25 lakh. The figure shows that there is a gap between the demand and supply. The supply of more professionals fills the employment gap. This increase will help…
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…
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 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,…
ICAI had made changes to receive the certificate of practice. After completing CA, a student needs to work under an FCA. If the experience is before the application for the certificate, it is not considered. What is a post-qualification experience? Is this the question that cracks the member’s mind? Post qualification is after the completion…
