Chartered Accountants
Recent Highlights
All Stories for Chartered Accountants

CA January 2021 exam: ICAI releases opt-out status; check details at icaiexam.icai.org
Trendingdesk •The opt-out scheme was introduced only for such candidates who were suffering from COVID-19 or had any person in close contact suffering from it

Three professional institutes to donate nearly Rs 29 cr in fight against coronavirus pandemic
•While the chartered accountants' institute would be contributing Rs 21 crore, the company secretaries'' institute would donate Rs 5.25 crore.

ICAI releases e-version of compendium of revised Indian Accounting Standards
•Ind As undergoes regular upgradation due to issuance of new standards or amendments in existing standards by IFRS

Economists vs CAs: Statistics, scriptures can be tweaked to win over rivals, but what matters is the ground reality
Muralidharan •Mirrors don’t lie but statistics can especially given the leeway available to the compiler of data to interpret them to further his cause or viewpoint.

131 CAs debunk concerns of economists over political interference in data estimation; claim country poised for higher growth
•The appeal by the economists come against the backdrop of controversy over revision of gross domestic product numbers and withholding employment data by the NSSO.

Chartered accountants' body indicates not receiving information from SFIO, various agencies on IL&FS crisis
•The Institute of Chartered Accountants of India (ICAI) has constituted a nine-member panel to study the systemic issues in the IL&FS crisis, amidst the government stepping up efforts to address problems related to the case.

ICAI to launch exclusive job portal for chartered accountants on 1 September
•The strength of the Chartered Accountant fraternity has grown to over 2.70 lakh members and about 8 lakh active students

Bank frauds: Relevant to ask if those auditing balance sheets have truly done their duty, says President Ram Nath Kovind
•When banking scandals take place, large borrowers abscond and leave their banks in the lurch or as in the Satyam case, where promoters themselves embezzled funds, it represents a breach of faith, President Ram Nath Kovind said.

Sebi bans PwC for 2 years: Has market regulator overstepped its mandate with the crackdown?
Muralidharan •What has raised eyebrows is the order to disgorge around Rs 13 crore plus interest at 12 percent per annum Sebi has slapped jointly and severally on the firm and the two culpable partners

Chartered accountants have important role in creating black money free India: Prime Minister Narendra Modi
•Days after sending out a strong message to chartered accountants at ICAI foundation day function here, Modi has also emphasised that they play a "big role in safeguarding the economic health of the country".

