The Institute of Chartered Accountants of India Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable) 1. Objective and Scope Objective 1.1 The objective of this Guidance Note is to recommend the accounting treatment by entities dealing in ‘Real Estate’ as sellers or developers. The term ‘real estate’… Read More »
Preparation of Panel of Chartered Accountants/Firms having experience for Forensic Auditing – (10-05-2016) Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments. Chartered Accountants firms having prior sufficient experience and expertise in forensic auditing may submit their details at the… Read More »
Dear Members, The Indian accountancy profession has consolidated itself internationally to register its wise, strong and empowering global presence. Today, The Institute of Chartered Accountants of India produces world-class professionals who along with the desired IT and soft skills are professionally competent and fit to work in and for international economies in multicultural environment. Well… Read More »
Revised Scheme of Education and Training for Chartered Accountancy Course Revised Scheme: Route 1 – Foundation Course# Under the Foundation Course Route, the following steps are required- Under the Foundation Course Route,the following steps are required: Register with Board of Studies (BoS) after appearing in Class Xll examination till June 30/Dec 31 Be eligible to… Read More »
15th April, 2016 Re: Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for May, 2016. Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in terms of Regulation 37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants Regulations 1988. The rules in this regard are provided… Read More »
Rules of Merger & Demerger for CA Firm _________________________________________ These rules are called Rules of Merger & Demerger amongst the Firms registered with The Institute of Chartered Accountants of India. Concept of Merger & Demerger: The Partnership Act has not prescribed merger & demerger of partnerships. In the corporate world, merger… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —SEC. 4] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 7th April, 2016 Guideline No. 1-CA(7)/03/2016.—In exercise of the powers conferred on it under Item (1) of Part II of the Second Schedule of the Chartered Accountants Act, 1949, the Council of the Institute… Read More »
15th March 2016. It is seen that in CA examinations, sometimes, candidates answer more questions or sub parts of a question, than are required in terms of the instructions given in the question paper. In this connection, it is hereby informed that candidates are required to answer the requisite number of questions as per instructions… Read More »
Empanelment of Members to act as Observers at the Examination Centres for The Chartered Accountants Examinations May/ June 2016. – (15-03-2016)
Information System Audit – Assessment Test (ISA – AT) Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) (which is open to the members of the Institute) will be held on 20th March, 2016 (Sunday) from 10.30 AM to 2.30 PM (IST) at the… Read More »