Deloitte inaugurated a new office in Bengaluru
Auditing and accounting professionals and aspiring students have good news now. Yes, in April 2024, Deloitte, the Big Four accounting firm started a new office in Yemalur Village, Bengaluru. The new office is the fourth in the city. The office is to place around 6,000 professionals. The new office adds value to the three old […]
Professionals Behind the Restructuring
Byjus is an Ed-tech firm. After COVID-19, the firm struggles to settle the payment disputes. The teleperformance business services initiated insolvency operations after the delay in the payment of five crore rupees by Byju. The teleperformance business services is an operational creditor of the Byjus. The mismanagement and accounting irregularities made the firm an underperformer. […]
Loans to finance professionals
Students pursuing the chartered accounting course and starting a CA firm is a significant investment in their lives. CA students get attractive interest rates, repayment options, and customization to pursue the professional course. Chartered accountants get easier repayment options for five to ten years. Chartered accountants see the following points when selecting an educational loan: […]
CPE CREDIT REQUIREMENT OF CMA
According to ICMAI guidelines, the members holding certificates of practice must obtain CPE every year. Before to 2023, a professional with cost accountancy practice should have a minimum training of 15 hours per year. The 15 hours of training is to understand the latest changes and research in the cost auditing field. In the first […]
Free online coaching
ICSI had revamped the syllabus recently. ICSI want to educate students from smaller towns and poor families. So, ICSI revolutionised the learning of executive and professional-level students. ICSI is offering online video content from experts to help the students. The CSEET students are also receiving online free classes. The online ACS classes are with special […]
The benefits of the new ICAI decision:
ICAI president Ranjeet Kumar Agarwal spoke about a long-held desire of the students. Chartered accounting students write exams two times per year. The examinations happen in June and December. The new proposal of ICAI says that the examination will happen three times. The students studying foundation and intermediate levels may write the examination in three […]
Self-paced examination
After completing the Intermediate-level CA students undergo article ship training. The dream of many CA students after the CA intermediate level is to get trained by a Big Four firm. The students prefer to work for two years in the statutory audit department. The statutory audit experience helps in understanding the crucial part of auditing. […]
ICAI new president
The ICAI central council conduct the election and selects the president and vice-president of ICAI. The five regions of ICAI are east, west, north, south and central. The Central India Regional Council of ICAI is in seven states. The seven states are Rajasthan, Uttar Pradesh, Madhya Pradesh, Jharkhand, Chhattisgarh, Bihar, Jharkhand, and Uttrakhand. The central […]
ICAI handbook
ICAI released a handbook for auditors to address the mistakes in financial reporting. The ICAI handbook has around 190 number of common mistakes and things to remember. The management team prepare the financial statements and reports. The internal auditor contributes to the preparation of financial reports. The external auditor expresses an opinion after analysing the […]
What is financial statement analysis in financial management?
Auditors and equity analysts use financial statements to understand the performance and liability of the company. The assumptions and predictions of professionals help in planning the future. The balance sheet, cash flow statement, and income and expenses statement educate the understanding of the financial position. The three types of financial analysis are horizontal, vertical and […]
