Company Law Panel decided to Extend Advisory Service
In 2019, the company law panel was formed, and it has a proposal to extend the advisory services till 2023. The Company law committee recommended changes in the Limited liability partnership act and the Companies act that connects to raising capital and strengthening statutory audit and joint audits. It helps retail investors to gain profit […]
The split of EY creates a trend for auditing firm
Ernst & Young is to split its audit and consulting business acquiring new markets and managing the challenges. Ernst & Young is an auditing firm that works for consultation opportunities and auditing jobs. Recently, the firm announced the split of business. The new announcement came out at an odd time. Big five firms changed as […]
DFSA fines KPMG
KPMG is among the big four firms alongside PWC, Deloitte and EY. KPMG is responsible for the documents, employees’ conduct, and misleading information. The British auditing regulator FRC confirmed to the London tribunal that KPMG is admitted with a fine of around 14.4 million. The Dubai financial services authority also confirmed that the audit firm […]
Supreme Court’s observation about tax audit limitations to chartered accountants
Supreme Court expressed the views and observations from a plea about the rule of ICAI. The rule is related to the professional ethics of chartered accountants. This year the number of audits is confined to sixty per year. This rule is under debate as it explains professionalism and fundamental rights. The fundamental rights of citizens […]
Data protection and data breach in India
In India, the Joint parliamentary committee is examining the PDP bill. The sectoral regulators monitor data protection in payment systems, healthcare, telecoms, and e-pharmacies. The Information technology act, 2000, SEBI data sharing policy, 2019, and RBI guidelines on cyber security framework for banks and information security, 2016 are the compliances that support data protection in […]
Young Chartered Accountants Award
In India, the seventy-five years of independence were measured by industrial, agricultural, educational development and women empowerment. Agriculture is the source of raw material supply for the textile industry, Export and food processing companies. Agriculture falls under the MSME sector and is honoured with schemes, loans, and subsidies for monetary issues. Finance professionals, lawyers, engineers, […]
When is GST day celebrated?
Since 2017, the 1st of July has been celebrated as GST day every year. GST replaced the long-held indirect tax system. July 1st, 2018, is the day that marks the celebration of the first GST day. The second GST day was celebrated with trade and industry partners in 2019. The reforms to the GST system […]
ICAI offers advanced level GST courses
GST is the law that consolidates all indirect taxes. GST provides many advantages in the long term. The participants need to have a basic knowledge of the subject. This course is for the members of ICAI. The course goes for ten days. The readers have two options as follows: Weekdays and weekends are the two […]
What is the difference between management consultation and outsourcing?
Consultation is providing professional services and outsourcing is providing specialised services. Accountants work as contract employees. They contribute to outsourcing jobs. Chartered accountants also work based on contracts. Outsourcing improves the domestic industries and global market. A blog is written to bring out interesting information about accountant jobs and economic development. The global market is […]
ICSI Teacher’s Conference
The December 2022 results say that the pass percentage of CS stands as 8 to 24 per cent. ICSI had organised a conference for teachers and professors to contribute their thoughts about the education system. In 2021, UGC approved the company secretaryship course as equivalent to post-graduation. This approval is good to join the PhD […]
