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Only chartered accountants should hold CFO's post: SEBI


Chandranath Banerjee (Cost Accountant & Company Secretary)     06 November 2009

Chandranath Banerjee
Cost Accountant & Company Secretary 
 33 likes  228 points

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Now a day ca are become like schedule caste & schedule tribes who gets all the preveledge in Govt. jobs or admission in premire institute. But I think CA qualification is good enough to stand alone without proper or imporper legal support. Like MBA from class I institute has no barriers. By virtue of its premitiveness & number of members CA are securing each & every opportunity from govt. regarding certification but such extra benefit will paralised them. A MBA from IIM has no legal power but that is not impediment for securing themselves a high position in market both in value & esteem. So  long by virtu of their hold in the respective place they will secure more & more acknowledgement their true value will diminished from other profession. Just imagine the difference between CA &  CWA in market value in payment terms before 5 years & today. Just think without any prejudice. 


Sandeep Kasar (Service)     11 November 2009

Sandeep Kasar
 41 points

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 Good One..


CA Rahul Jain (CA)     11 November 2009

CA Rahul Jain
 117 likes  1147 points

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truly said......

Shimbhu D. khokharia (AO)     26 August 2011

Shimbhu D. khokharia
 21 points

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In the backdrop of the Satyam episode, SEBI Board had also desired that SEBI may 

examine whether the CFO of a listed entity, who certifies the financial statements, 

should be a chartered accountant so that in case of any irregularities committed in 

the financial statements, action may be taken by the professional institute i.e. 

Institute of Chartered Accountants of India.

Accenture Hiring (Counsulatnt)     26 August 2011

Accenture Hiring
 2 likes  65 points

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Dear Friends,

Good News to all of us who has a dream to join BIG COMPANY like Accenture who is equivalent to Google & Yahoo...

Accenture is looking for their NOIDA Localtion -

B.Com, BBA, BBM.

• Work experience: 0 to 15 years of Accounting experience in

- General Accounting – R2R

General Accounting / Fixed Asset Accounting / Journal Entries / Accounts Recon and Analytics / Period Close and consolidation / Financial Reporting / Management Reporting / Regulatory Reporting / Tax Reporting / Master Data Maintenance

- Accounts Payable – P2P

Third party and Intercompany Invoices and Credits / T&E / Vendor Masterdata Maintenance / Payments and Remittances / Vendor Statement Reconciliations / Trade Credit Reconciliations / Interface Management / Payment Accuracy controls

If you / your friend have / has the above qualification then don't hesitate to shoot me your resume at - accentureindiajobss @ gmail.com

Don't delay - Opening till 20th November 2011 with limited number of opening.

Your Friend from Accenture :)

yogesh (student)     10 November 2011

 223 points

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DILIP SRIVASTAVA (GM -F&A)     12 December 2011

GM -F&A 
 38 points

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Like in Public sector companies CFO Post should for CA/CWA/MBA-F/CS

Automatically the talented person having above / multiple qualifications will be the selected one.


niranjan (GM(Finance))     22 January 2012

 21 points

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There are two professional bodies-Chartered Acctt & Cost Actt.There is every reason to allow both as they are equaly competent to handle all Financial issues.


Sachin Kumar Mittal (Complete Articleship)     06 August 2015

Sachin Kumar Mittal
Complete Articleship 
 22 points

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Dear All,

I have an query related with this issue. If a Mr.A (Chartered Accountant) is the partner in a partnership firm of C.A. And the firm is the auditor of XYZ Ltd. Mr. A sign the balance sheet of F.Y 2013-14 of XYZ Ltd as on 01.09.2014. Later on Mr A resigns from the firm as their partner on 30th Nov 2014 and surrender its COP. On 26.02.2015 Mr. A joined XYZ ltd as their CFO. Now my question is that is their is any conflict of interest if C.A firm is continue to be the auditor of the XYZ Ltd. Whether Mr. A is eligble to sign the balance sheet as their CFO and C.A firm as their auditor.

sohail (Sr Accountant at JWY)     29 May 2017

Sr Accountant at JWY 
 126 points

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