Category Archives: ICAI

CA Final Results from May 2003 to May 2016

By | July 19, 2016

CA Final Results: May 2003 – May 2016  CA Final Results of MAY 2016 1. Passing percentage of students appearing in Both Group is 11.36%.[Highest in last 7 terms][As per available data].4565 students has successfully passed both groups the numbers are highest among last 9 terms and also 4th Highest in last 27 terms / 14 years. 2. Passing percentage of students only… Read More »

ISA AT Result on 18th July 2016

By | July 11, 2016

Result of the Information Systems Audit [ISA] Assessment Test held on 25th June 2016 is likely to be declared on 18th July, 2016 – (10-07-2016) IMPORTANT ANNOUNCEMENT The result of the Information Systems Audit [ISA] Assessment Test held on 25th June 2016 is likely to be declared on 18th July, 2016 around 2.00 PM at… Read More »

ICAI Proposed amendments to ICDS ; Detailed FAQ of ICAI

By | July 9, 2016

Direct Taxes Committee of ICAI made detailed representation to Central Board of Direct Taxes during the Direct Tax Workshop with CBDT which was followed by written representation to Chairman, CBDT on 31.03.2016 and Hon’ble Finance Minister, on 7.04.2016 for deferment of implementation of ICDS(For copy click here). On invitation by CBDT subsequently, the ICAI representatives… Read More »

Campus Placement Programme for Newly Qualified CA, Aug -Sept 2016

By | July 7, 2016

Announcement for Campus Placement Programme for Newly Qualified Chartered Accountants  August-September,2016 The Committee for Professional Accountants in Business & Industry (CPABI) of The Institute of Chartered Accountants of India (ICAI) takes care of the interest of the members who are in industry and organizes Campus Placement Programmes for Chartered Accountants. The CPABI is pleased to… Read More »

Download DISA Exams Sample Question papers with answers

By | July 4, 2016

DISA exam Sample Question papers with answers (Diploma in Information System audit) We are attaching herewith the  Sample Question Papers for DISA Exams. This will help you to prepare for DISA ET and AT. It is recommend that those appearing for DISA Exams or pursuing the same  to go through all  sets of Question Papers as… Read More »

FAQ on deemed cost of Property, Plant and Equipment under Ind AS 101

By | June 30, 2016

Source : ICAI FAQ on deemed cost of Property, Plant and Equipment under Ind AS 101, First-time Adoption of Indian Accounting Standards* Issue: Ind AS 101 provides that the net carrying amounts of all of its Property, Plant and Equipment as per previous GAAP can be used as deemed cost on the date of transition… Read More »

Consolidation of subsidiary which is LLP or a partnership firm?

By | June 29, 2016

Whether holding company is required to consolidate its subsidiary which is LLP (Limited Liability Partnership) or a partnership firm? Will the answer differ if LLP is an associate or Joint Venture (JV) of the holding company? Response In accordance with rule 6 of Companies (Accounts) Rules, 2014, consolidation should be done in accordance with Schedule… Read More »