Community & General News

Auditors - Credit risk recognition

14 August 2007 at 03:27

Auditors are preparing for particularly careful scrutiny of companies' assumptions about valuation and the risks posed to their businesses in the light of current market volatility.Two of the Big Four UK accountancy groups have issued internal memos

Posted in Community & General | 3516 Views

Supreme Court on 'bank guarantees' & 'letter of credit' !

10 August 2007 at 06:12

In a significant ruling, the Supreme Court has laid down guidelines for encashment of bank guarantee or letter of credit. A bench comprising justice Tarun Chatterjee and justice PK Balasubramanyan said, "We find that the following principles should b

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Now PAN card might be compulsory for all bank transaction

10 August 2007 at 04:14

Another step to curb black money transactions. Inanother step to keep closer tabs on financial transactions and curb black moneytransactions, the government is planning to make quoting the permanent accountnumber (PAN) mandatory for all transaction

Posted in Community & General | 4512 Views

Vision-2021,ICAI

02 August 2007 at 11:34

A comprehensive Vision Document titled `ICAI Vision for the 21st Century' was released in 2002; comprising detailed vision and restructuring business plan for the Institute and the profession keeping 2010 as target year. Since then, the world economy

Posted in Community & General | 4728 Views

Life & taxes....

17 July 2007 at 11:45

Loss of a dear one leaves a void that cannot be filled. The familybesides being emotionally disturbed, is also at loss on financial front,especially if that individual is the sole/main earning member of the family.Often the family receives one or mor

Posted in Community & General | 4398 Views

COMPULSORY ' INSURANCE ' FOR NEW BUILDINGS--PROPOSED !

14 July 2007 at 23:42

NEW DELHI, JUL 13: The government is planning to make home insurance mandatory for developers to ensure that buildings are structurally sound enough to withstand earthquakes and fire. According to government sources, a clause to this effect will be

Posted in Community & General | 3924 Views

NAAMKARAN proposal for ICWAI

07 July 2007 at 08:28

Will this proposal give recognition to Work Accountants????The Institute of Cost and Works Accountants of India (ICWAI) has presented a memorandum to the Ministry of Corporate Affairs requesting for a change in the name of the institute. The name it

Posted in Community & General | 4401 Views

Banking Ombudsman

05 July 2007 at 00:00

THE BANKING OMBUDSMAN SCHEME, 2006The Scheme is introduced with the object of enabling resolution of complaints relating to certain services rendered by banks and to facilitate the satisfaction or settlement of such complaints. CHAPTER IPRELIMINARY1.

Posted in Community & General | 1 comments | 4548 Views

ICWAI National award for excellence in Cost Management

04 July 2007 at 00:14

NEW DELHI, INDIA: CyberMedia India Ltd. has been conferred the prestigious ICWAI Award for Excellence in Cost Management. CyberMedia happens to be the first media company to receive the award for its innovative HR practices in managing costs, under t

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New logo of ICAI unveiled

01 July 2007 at 08:02

The ICAI has designed new LOGO shich has been unveiled by Shri Premchand Gupta, the Union Minister for Corporate Affairs today the CA day.To download the new logo click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=780

Posted in Community & General | 14604 Views