Union Cabinet recognized MOU with foreign bodies
The Union cabinet from India had recently approved the association of ICAI with other foreign countries. The discussion about this approval was chaired by honourable Prime Minister NarendraModi. IPA {Institute of Public Accountants}, Australia, CISI {Chartered institute for securities and investment, UK}, CIPFA {Chartered Institute of Public Finance and Accountancy}, Srilanka, and ICSA {Institute of […]
How postgraduates and professionals are equivalent?
April 15th 2021 announcement from UGC states that it approved the request of CA/CS and ICWA institute about M.com degree. So, M.com and CA/CS and CMA are treated as equivalent qualification from now on. There is a difference between the professional course and post-graduation. To understand the benefits of adopting post-graduation and professional qualification let […]
Which is better CMA or ACCA?
Finance Students know that CMA is the Indian certification and ACCA is the global certification. CMA is about cost accountancy and ACCA is about financial accountancy and management accountancy. From a global perspective, CMA is easier than ACCA. The course duration and exam pattern are easy to pass for CMA students. Job opportunities are also […]
Which accounting course is suitable for engineers?
Engineering and cost accountancy subject are interconnected subjects. In some of the Engineering colleges when doing engineering the subject with the name engineering economics is part of studies. To plan the human resource management and materials management there is a knowledge requirement about understanding the labor cost and depreciation. As engineers place themselves in the […]
Why financial literacy is important in the year 2021?
The lesson that scrutinized us in the year 2020 was the financial crisis. Even wealthy individuals face risks with jobs and savings. Financial decision is part of life when handling savings and investment. The income group and education of the individual are the factors that educate about personal finances. From an education perspective, how the […]
If you complete CA/CMA/ACS then you get M.com. Is it true?
CA/CMA and ACS are professional courses that focus on different aspects. CA course is to audit the accounts and provide the audit report. Cost accountant takes care of the finance with competency factor. Company secretaries take care of the legal aspects of the company. M.Com is a post-graduation course that is suitable for entry-level positions […]
How plus two commerce students can make use of this pandemic time for future growth without waiting to join B.com?
The lesson which we have learned from the pandemic is that online teaching is the need of the hour to create young professionals. All these days we thought that online teaching is an additional window to teach the students but now it is an available opportunity to grow. Let me look at how the pandemic […]
Audit risks with the open banking system
As aspiring CA students understanding the risk with the audit is an essential part. The audit is the process in companies and banks. The open banking system is a modern concept that has been accepted in Australia, UK, and Europe. In recent days the DevOps technology brought the idea of developing the system which brings […]
Why there are variations in the practical training of CMA/CA and ACS?
As per the new practical training scheme of ICMAI, CMA students are entitled to attend 15 months of training and ACS students are entitled to attend 21 months of training. The practical training for the Chartered accountancy course is the same as before. It demands three years of article ship training. In case of CMA […]
Automated training of ICSI
ÍCSI Training guidelines are functioning at par with the global institutes for automated training. Yes, the institute offers a lot of training through online mode. The different short-term ICSI training structures when doing associate company secretary courses are EDP, PDP, AT, MT, and MSOP. The student can do the registration, avail of the EDP training […]
