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ICAI AMENDMENTS
ICAI readies CA Act changes to build bigger accounting firmsThe Institute of Chartered Accountants of India will propose Act changes soon. These changes aim to help Indian firms compete globally. The...- ICAI prepares reforms for creating larger accounting firm networks; proposals expected in two monthsICAI plans to propose reforms within two months to help Indian accounting firms scale up and compete globally. The proposals include recogn...
- ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
- JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...
- JPC weighs key changes to Corporate Laws Bill, reviews AIF-to-LLP conversion and CSR normsA parliamentary panel is examining changes to corporate law amendments. Investors may become partners in newly formed LLPs instead of trust...
- Revised ethics code to allow auditors to showcase services; ICAI also suggests fresh guidelines on audit independenceThe Institute of Chartered Accountants of India is set to significantly update its Code of Ethics. New rules will allow auditors and their ...
- Assam: Minister Ashok Singhal says revoking obsolete laws will help state in a big wayHe attended in the Inaugural Session of a 2-Day National Conference on ‘Pratibadhata: Committed to Excellence’ organized by the Guwahati Br...
- House panel dismisses ICAI objections, endorses billAnother concern raised by ICAI is the bill seeks to dilute the representation of professional bodies in the composition of the respective d...
- ICAI opposition to proposal to penalise firms for partners' misconduct unfounded: Parliamentary PanelThe Institute of Chartered Accountants of India (ICAI) has raised concerns over the proposal in the bill to have a non-Chartered Accountant...
- ICAI flags concerns over CA Act amendment bill to Parliamentary panelThe Institute of Chartered Accountants of India (ICAI) has submitted its views on the provisions, including the one pertaining to the const...
- ICAI to oppose proposal to introduce three non-CA members in disciplinary committeeThe government, through the Chartered Accountants, Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021, has propo...
- Decision to refer CA Act amendment bill to Parl panel a 'good step', says ICAIOn Tuesday, the Lok Sabha referred the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, ...
- Sebi has rights to regulate auditors for activities under its regulations: Corporate Affairs SecretaryThe proposed changes to the Sebi (Fiduciaries in the Securities Market) Regulations are likely to be discussed at the regulator's board mee...
- 'No govt proposal to conduct audit of autonomous institutions'In a written reply, Minister of State for Corporate Affairs Arjun Ram Meghwal said these institutions are audited as per provisions of the ...
- Quality Review Board chief needs government nod for overseas travelThe chairperson and government nominees on the Quality Review Board, now need to get Centre's approval for overseas travel.
- Company law amendments will improve ease of doing business: ICAIThe fresh amendments to the Companies Law will go a long way in improving ease of doing business, CA's apex body ICAI has said.
- Chartered accountants' body ICAI to soon issue guidance note on reporting fraudsOne of the amendment is to introduce a minimum threshold level for reporting frauds at companies by auditors to the central government.
- LLPs stuck as ICAI opposes 'management' tag for costing bodyThe differences between the professional bodies of chartered accountants and cost accountants could delay the amendments to their respectiv...
- ICAI Act needs amendments: KhurshidCorporate Affairs Minister Salman Khurshid today agreed that the ICAI Act needs some amendments to become a more powerful body post the Sat...
- Redeemable preference shares are equityCorporate houses that have issued redeemable preference shares will have to continue treating them as equity capital.
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