CAclubindia News
IFRS to be implemented from FY 2015-16
22 December 2014 at 10:28The Finance Minister in the Budget speech 2014-15 announced that the Indian Accounting Standards (Ind AS) i.e. accounting standards based largely on with International Financial Reporting Standards (IFRS) shall be applied by Indian Companies from F.Y
ICAI welcomes amendment related to fraud reporting in Companies Bill 2014
19 December 2014 at 10:41The Companies Act, 2013 had specified a new reporting requirement for the statutory auditors of companies. Under Section 143(12) of the Companies Act, 2013 the auditor was required to report on frauds/ suspected frauds in certain situations laid down
Launch of 100 Hours Advanced ITT Course
18 December 2014 at 11:29As per Regulation 29(c)(iv) of the Chartered Accountants Regulation 1988, students who have registered for Practical Training on or after August 1st, 2012 were required to complete Advanced IT Training before admission to the Final Examinati
Illustrative Audit Engagement Letter under Companies Act, 2013
18 December 2014 at 11:29FOR THE ATTENTION OF THE MEMBERS ILLUSTRATIVE FORMATS OF THE ENGAGEMENT LETTER FOR AUDIT OF FINANCIAL STATEMENTS UNDER THE COMPANIES ACT, 2013 AND THE RULES THEREUNDER The Auditing and Assurance Standards Board is issuing the
Lok Sabha passes Companies (Amendment) Bill 2014
18 December 2014 at 11:42Lok Shabha passes Companies (Amendment) Bill 2014
Percentage of Govt Grant for considering university, hospital as substantially financed by the Government
17 December 2014 at 10:19[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SEC. 3, SUBSECTION(ii)]MINISTRY OF FINANCEDEPARTMENT OF REVENUE(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONINCOME-TAXNew Delhi, the 12th December, 2014 S.O. 3168 (E). In exercis
Relief to Members of J & K for payment of Membership/COP
17 December 2014 at 10:19The Council, having regard to the devastating flood in the state of Jammu & Kashmir in the month of September, 2014, has decided that the membership fee and Certificate of Practice fee for the year 2014-15 in respect of members residing in the St
Promotion of MDP Firms
17 December 2014 at 10:18The Institute of Chartered Accountants of India (ICAI), The Institute of Company Secretaries of India (ICSI) and The Institute of Cost Accountants of India (ICoAI) have had inconclusive deliberations regarding a framework for allowing Multi-Disciplin
Ten Crore Aadhaars Linked to Bank Accounts
16 December 2014 at 11:22A major milestone has been crossed with ten (10) crore Aadhaar numbers having been linked to bank accounts of Aadhaar holders so far a part of Governments Digital India mission. This would enable these individuals to digitally receive governme
Extension of RTGS time window to 8 pm
16 December 2014 at 11:22RBI/201415/352DPSS (CO) RTGS No. 1064 / 04.04.002 / 2014-15December 15, 2014The Chairman / Managing Director / ChiefExecutive Officer of participants of RTGSMadam / Sir,Extension of RTGS time windowIt has been the endeavour of the Reserve Bank
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