ICAI released standards for forensic accounting and investigation. The institute made it mandatory to follow the rules. The set of rules comes into operation from July 1, 2023. The standards form the crucial step for maintaining quality. Banks, regulatory authorities, financial institutions, and government bodies can use forensic accounting rules for the disciplinary process. After…
Virtual digital assets are stored, transferred and traded electronically. It has code, information, number and token. The cryptographic means create these instruments. Cryptocurrencies use encryption to secure money transactions. Investments in cryptocurrencies are subject to regulatory, market, geopolitical and social media risks. If the entrepreneur tweets about electric vehicles, the price of cryptocurrency increases. Social…
Chartered accountants and cost accountants falling in the 2023 batch are learning the new syllabus. The students from the old syllabus should pay conversion fees. The fee of 250 is for the conversion from the old to the new syllabus. The official website says that the old-syllabus examination continue till December 2023. The inception of…
The Institute of Chartered Accountants is conducting a national conference on digital transformation. In the industry 5.0 era, learning technology prepares finance professionals for the future. The digital conference is on the 7th and 8th of July, 2023. The place of the program is Hyderabad. The program throws light on fin-tech professionals. The blog walks…
CA’s new syllabus is about to start on the first of July. The date is specified as it cherishes beautiful memories from the celebration of CA Day. The new scheme comes with changes in the study period, syllabus, registration, exemption fees, paper pattern, passing criteria, advance ICITSS exam and leaving the CA course. Indian President…
CA Rajeev Damani is the past chairman of the Nagpur branch of ICAI. He was part of WIRC. The GST law had pre-litigation, and it produces schemes and compliances. The chartered accountants deal with GST law and advice the clients. CA Rajeev Damani says that chartered accountants have to advise the clients in the right…
ICAI is organizing a program for start-ups on the 27th and 28th of June. The venue of the program is Bandra kurta complex, Mumbai. This program is for CA members, non-members, Angel investors, and venture capital fund investors. The gate pass is provided with heading as exhibitor, investor and participants. The members with less…
Legal experts frame the secretarial policies. There is a long-held need to involve industry experts in policymaking. Apart from the legal aspect, the administration creates operational challenges. ICSI had decided to induct members and non-members into the secretarial and auditing standards board. The amendments will bring change in corporate standards and the industrial environment. Industry…
The Prevention of Money Laundering Act of 2002 monitors funding activities and unlawful operations. Terrorist activities require financial support. Business personalities and political personalities help unlawful activities and terrorism. Officially, twenty-five people were convicted by the officials working on the money laundering act. The act recorded four hundred convictions and 5,422 cases in India. The…
Artificial intelligence is a technology that takes over low-profile jobs. It is understood from the job market that it improves employee experience and analytics. The accounting transactions are in the computer inside a software. In future, experts perceive that artificial intelligence take over the process of accounting transactions. The generic question is whether it is…
