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ACCOUNTING PROFESSION REGULATIONS
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
Nippon India Mutual Fund launches investor awareness campaign to boost retail participationNippon India Mutual Fund has launched 'Har Ghar Investor,' an awareness campaign to boost retail investor participation and promote discipl...
ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...
ICAI notifies global networking guidelines for chartered accountant firmsThe Institute of Chartered Accountants of India has released new guidelines for global networking. This move allows Indian chartered accoun...
CA Day 2022: What you need to know about its history and significanceThe Institute of Chartered Accountants of India (ICAI) is responsible for regulating the accounting standards in India, and the CAs play a ...
Government mulls setting up national institute of valuers on the lines of ICAIThe valuation profession deals with valuation of various assets such as the plant and machinery or the land and buildings of a company amon...
Govt mulls national institute for valuersThe Companies Act, 2013 provides a comprehensive framework for development and regulation of the profession of valuers.
Donning CA’s hat means being an accountant & be accountable 24x7CAs found guilty of bringing 'disrepute' to profession may end up losing licence, face ban.
ICAI to launch exclusive job portal for chartered accountantsHe further noted that this job portal has details of all its members. It has video Curriculum Vitae (CVs), which gives recognition and valu...
Cabinet clears setting up of NFRA to oversee auditorsThe decision comes against the backdrop of various auditing lapses in the banking sector, including the Rs 12,700 crore fraud at Punjab Nat...
Foreign accountancy firms: Centre may consider setting up expert committee, says Supreme CourtThe court observed that absence of "revisiting and restructuring oversight mechanism" to regulate such accountancy firms might have adverse...
How to tackle bank fraud: PNB scam should pave the way to reforming the audit profession in IndiaThe standard response would be to dismiss frauds – be it the Satyam scam, the wilful defaults of banks, or the unearthing of shell entities...
Government, SC in favour of ethics body for legal professionIn an endeavour to usher in major reforms in the legal profession, the Centre and country’s highest court have also suggested the need to r...
M. Devaraja Reddy is new ICAI presidentThe Institute of Chartered Accountants of India (ICAI) has elected M. Devaraja Reddy as its new President. Reddy, who has been a chartered ...
- Like CAs, engineers may have to register
Engineers like lawyers, chartered accountants, architects and others will soon have to register themselves with the proposed Indian Council...
- ICAI finds 2 PwC chartered accountants guilty of professional misconduct
The Institute of Chartered Accountants of India (ICAI) has found two chartered accountants of audit firm Price Waterhouse guilty of "profes...
- Framing accounting standards for local bodies is high priority
ICAI is taking steps to expand the horizons of CAs and to help the government in its efforts to reform its accounting practices, besides cr...
- New CA code may push down accounting costs
The chartered accountants (CAs) who could not make it to plump posts in top accounting firms, can now rejoice.