ICSI signs MOU with Science Olympiad foundation:
School students write maths, science and English Olympiad at a young age. Since commerce subject comes after the 10th standard, it is not included in the Olympiad subjects at a young age. There is a long-held desire to include the commerce Olympiad for school students. ICSI is joining hands with the science Olympiad foundation to […]
Budget 2023 insists on the Inventory valuation
In the 2023 budget, there is a mention of the valuation of inventory by the cost accountant. According to section 68 of the Income tax act, inventory valuation is done by a cost accountant. Section 2 of the cost and works accountants explain that a cost accountant is a person holding a certification of practice. […]
New Rule for CAs Living in Singapore
The ICAI Singapore chapter is a professional body with students around the world. The chartered accountant in Singapore earns $90000. The main reason for the rapid growth is the education system in Singapore. Recently, the ICAI president mentioned that Indian chartered accountants living in Singapore for more than six months are eligible to become a […]
CSR Policy in 2022
The participation of the company in social and environmental issues creates a positive impact on society. CSR activities and business activities are different. CSR projects are not part of business profit. Four types of CSR activities are: environmental, ethical, philanthropic and economical. CSR activities of a company are the branches of the CSR policy. Examples […]
NFRA Audit Quality
NFRA is the reporting authority set under the companies act, of 2013. The goal of the authority is to increase the quality of financial reporting. Recently, in 2022, the regulatory authority released the guidelines for inspection. The stakeholders suggest that onsite inspection improves the quality of audit firms. The auditing inspection undertaken by the authority […]
Career Guidance from RR Academy
The founder of the RR Academy is in the service of producing finance professionals. The students are not aware of occupational choices. The students have the eligibility to start the professional course after completing the 12th standard with science and maths students. The career of a commerce student starts after completing graduation. The fact is […]
Do we need CA for LLP registration?
The Limited liability firms combine the advantages enjoyed by the partner companies and private limited companies. LLP companies operate in India with contributions from Indian and foreign partners. For a long time, Private limited companies are in India. In 2008 the LLP Act was sanctioned by the government of India. The hybrid structure is helpful […]
ICSI regional council for 2023
The year 2023 is the year of the new syllabus for ACS students. The new syllabus registration starts in June, February and August for the CSEET, executive and professional level program. ICSI conducted the election as per the company secretary act from 9th to 10th December 2022. After counting the votes, the constituencies are filled […]
How to Save Tax in 2023?
Income tax allows certain deductions from loans, insurance, PPF fixed deposits, a senior citizens savings scheme, a national savings certificate and a national pension scheme. Money spent for taking care of parents’ health, donations to charities, long-term capital gains, and loans to major children is a deduction from the income tax. According to the finance […]
How to get 100 per cent success in CA and CMA foundation?
RR Academy is a pioneer institute with proven records of success. The year 2023 brought a bunch of good news. RR Academy students placed in the All India top scores. In the CA and CMA foundations, students have scored centum in Accountancy. This mark is a record at the All-India level. The blog intends to […]
