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Applicability of SA 700, "Forming An Opinion and Reporting On Financial Statements", to Formats of Auditor's Reports Prescribed under Various Laws and/or Regulations

   23 August 2013 at 12:06

ANNOUNCEMENT APPLICABILITY OF SA 700, FORMING AN OPINION AND REPORTING ON FINANCIAL STATEMENTS, TO FORMATS OF AUDITORS REPORTS PRESCRIBED UNDER VARIOUS LAWS AND/ OR REGULATIONS 1. The Council of ICAI, at its 326th meeting held from 27th to

Posted in Audit  1 comments |   25761 Views


Announcement regarding Request for Suggestions on Revision of the Guidance Note on Audit of Banks

   23 August 2013 at 12:06

1. The Guidance Note on Audit of Banks, brought out by the Auditing & Assurance Standards Board (AASB) of the ICAI is an important publication providing comprehensive guidance to the members carrying out audits of banks and bank

Posted in Audit  1 comments |   8688 Views


No Cause for Panic due to Currency Market Volatility;

   23 August 2013 at 12:06

No Cause for Panic due to Currency Market Volatility; Government has No Intention to Introduce Any Capital Controls: FM The Union Finance Minister Shri P. Chidambaram said that revival and encouragement of growth will continu

Posted in Others  1 comments |   8172 Views


Draft National Competition Policy

   23 August 2013 at 12:06

A draft National Competition Policy has been prepared in consultation with all the stake-holders including the State Governments. Giving this information in written reply to a question in the Lok Sabha, Shri Sachin Pilot, Minister of Corporate Affai

Posted in Others |   6921 Views


Factors Leading to Corporate Frauds and the Measures Taken by the Government to Check them

   23 August 2013 at 12:05

The Government has said that the reports appearing in a section of media indicate that a Section 25 Company, Thought Arbitrage Research Institute has published a study indicating inter alia occurrence of frauds in companies due to fact

Posted in Others  2 comments |   6654 Views


Fast Track Exit Mode for Defunct Companies

   23 August 2013 at 12:05

The Ministry of Corporate Affairs launched “Fast Track Exit Mode” on 03.07.2011 to provide an opportunity for defunct companies under Section 560 of the Companies Act, 1956 for getting their names struck off from the register of companie

Posted in Others  2 comments |   13227 Views


Shri Sachin Pilot Gives Away the National Awards for Excellence in Cost Management

   23 August 2013 at 12:05

Shri Sachin Pilot, Minister of Corporate Affairs, here today presented the 10th National Awards for Excellence in Cost Management to the corporates in 9 categories that have excelled in the field of cost management. The awardees are: Category - I:

Posted in Others  3 comments |   9483 Views


Inviting applications for filling up of a post of Member in the Competition Commission of India

   23 August 2013 at 12:05

Inviting applications for filling up of a post of Member in the Competition Commission of India Please find attachment for details

Posted in Others  2 comments |   6432 Views


Exposure Draft of the proposed Accounting Standard for Local Bodies (ASLB) 31, "Intangible Assets"

   22 August 2013 at 13:24

Exposure Draft of the proposed Accounting Standard for Local Bodies (ASLB) 31, "Intangible Assets"

Posted in Accounts |   13422 Views


ICAI-Highlights of Companies Bill

   21 August 2013 at 16:01

WHY A NEW LAW WAS NEEDED? · The changing national and international economic environment Exponential growth of the Indian economy Changes in the stakeholders’ expectations Manifold Increase in Number of Companies Y

Posted in Corporate Law |   19833 Views