How was the accounting profession in 2022?
The accounting system is recording day to day transactions and prepares statements. Auditing is checking the final statements and preparing an audit report to convey the company’s financial position to the stakeholders. Auditors do the sample test with a random statement. Depending upon the facts and evidence, they prepare the reports. Auditors understand the different […]
New Audit Market in India: Open Audit Industry under FTA
ICAI: open audit industry under FTAs reciprocally implies the business opportunity for international and Indian auditors. The president of ICAI, Debashis Mithra, said the above statement at a gathering. The institute is checking the pros and cons of the recommendation. The Big four firms that operate in foreign countries are enjoying high revenue. EY India […]
ICAI takes the Initiative to Develop the Data Analysis Subject
As the New Year is booming with new subjects. Let us shed light on a new subject that intrigue the readers. Auditing is a traditional subject, and it requires timely changes. Data analytics is a new technology and its benefits are to multiple industries. ICAI is introducing data analytics to the students through subjects, webinars […]
Why the accounting wizard examination for 12th-standard students? Series four
The last series is about age. Age is just a number. But completing the education at the right age makes sense. The job market selects the candidate based on qualification, age, experience, communication skills and people skills. Completing the course at the right age implies that the student value the job. He takes the opportunity […]
What is the role of a company secretary in misleading financial information?
The role of a company secretary in a Limited Corporation is to check the financial statements, advise the board on the decisions, and protect the company. In the case of an unlimited company, the liability is huge, and the shareholders accept more liability. Here the role of a company secretary is financial and ministerial. This […]
Why the accounting wizard examination for 12th-standard students? Series three
As the saying interprets that everything happens for a reason RR Academy intend to start the blog content with a quest to value the accounting wizard examination. By reading the previous blogs, the commerce student would have understood the importance of syllabi and competitive examinations. This blog curated the scholarship and financial stress of a […]
ICAI scholarship to the students for 2022
The ICAI web portal offers information about the government extended helping hand for the CA aspirants. The ICAI notifications for 2023 explain the date and amount of the scholarship. The scholarship would be given to the students in April and October before the commencement of the new batch. ICAI offers need-based CA scholarships and merit-based […]
Why the Accounting Wizard Examination for 12th-Standard Students? Series two
The ICAI commerce wizard test brings out the true potential of the students. ICAI also provides mock tests and model tests before the examination. The list from the previous blog that speaks about the accounting wizard examination is syllabus coverage, competitive examination preparation, scholarship and completing the accounting wizard examination at the right age. Series […]
New Rule about the Membership of ITAT
ITAT tribunal has judicial and accounting members. The Income tax act, of 1961 states that the advocate with ten years of experience is eligible for appointment as a judicial member. Recently, the rules about judicial members were subject to change. And changes made to recruitment. Advocates with 25 years of experience are eligible to become […]
Why the accounting wizard examination for 12th-standard students? Series one
The accounting wizard examination is conducted to evaluate the 12th-standard students. These exam questions are in the MCQ pattern. CA foundation includes both objective and subjective questions. CA is a professional course that evaluates the student’s professional skills. Accounting wizard is to understand the fundamental knowledge of the student. RR Academy provides scholarships after the […]
