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Centralized Information Management System (CIMS) Return for NBFCs

  Affluence Advisory    16 January 2024 at 08:12

RBI issued a circular no. CO.DOS.RPD.No.7534/33-06-001/2023-24 dated January 01, 2024 requiring all Non-Banking Financial Companies (NBFCs) to file the applicable returns on new Centralized Information Management System (CIMS) platform.

Future of Chartered Accountant

  CA MOHAN LAL KUMAWAT    09 January 2024 at 08:40

Here are some potential trends that could shape the future of the chartered accountant profession:

Importance of balancing risk and opportunity in the context of AI and Accounting

  Asha Kanta Sharmapro badge    02 January 2024 at 09:18

In 2024 and onwards, AI will become a significant player in various industries, including accountancy. Accountants must manage the potential impact of AI, especially in client data security and the reliability of AI tools.

12 Risks and Dangers of Artificial Intelligence (AI)

  Asha Kanta Sharmapro badge    01 January 2024 at 08:21

AI's potential dangers are increasing as it becomes more sophisticated and widespread. Geoffrey Hinton, the "Godfather of AI," and tech leaders like Elon Musk have urged a pause on large AI experiments

ICAI FAQs on PMLA Reporting for CA Members

  Shree    07 December 2023 at 14:38

The Institute of Chartered Accountants of India (ICAI) has issued several FAQs regarding PMLA (Prevention of Money Laundering Act) reporting for its members.

Do's and Don'ts while Certifying any Documents by Young Chartered Accountants

  CA. Bhavik P. Chudasama    05 December 2023 at 11:44

Certifying certificates is a responsibility that Chartered Accountants (CAs) take seriously. Here are some general do's and don'ts to consider

Instances of Misconduct and Gross Negligence by Chartered Accountants

  CA Aman Rajput    04 December 2023 at 14:26

In a recent report, ICAI Research Committee Highlights Instances of Misconduct and Gross Negligence by Chartered Accountants. I am writing it to make fellow members and students aware of the same.

Maintaining Integrity of the Chartered Accountant Profession: Analysis on HC judgement w.r.t Misconduct

  CA Aman Rajput    21 November 2023 at 09:05

The recent case of the Institute of Chartered Accountants of India v. Manakchand Laxman Baheti serves as a stark reminder of the importance of ethical conduct within the Chartered Accountant (CA) profession.

Empowering Chartered Accountants in India: Government-Granted Authorities and Responsibilities

  Usama Ansari    18 November 2023 at 07:40

This article delves into the multifaceted world of CAs in India, elucidating the government-granted authorities bestowed upon them and the corresponding responsibilities they shoulder.

Cybersecurity and Data Protection Risks in Tax Litigation

  CA Aman Rajput    08 November 2023 at 09:02

Safeguarding this data is pivotal in preserving your business's integrity, avoiding costly litigation, and maintaining the trust of your clients.

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