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CAclubindia News


Accounting standards issued for local bodies

   25 October 2008 at 16:26

The Institute of Chartered Accountants of India (ICAI) has issued the first two Accounting Standards for Local Bodies, viz., Accounting Standard for Local Bodies (ASLB) 3, ‘Revenue from Exchange Transactions, and Accounting Standard for Local B

Posted in Accounts  1 comments |   17172 Views


External Commercial Borrowings policy reviewed

   23 October 2008 at 14:12

Following is the text of statement of Secretary, Economic Affairs Shri Ashok Chawla made at a media briefing here today:            “The External Commercial Borrowing (ECB) policy has be

Posted in Others |   6918 Views


Companies Bill, 2008 finally Introduced in Lok Sabha

   23 October 2008 at 14:11

BILL INTENDS TO MODERNIZE STRUCTURE FOR CORPORATE REGULATION IN THE COUNTRY The much-awaited Companies Bill, 2008 has been introduced in the Lok Sabha. Minister of Corporate Affairs, Shri Prem Chand Gupta introduce the Bill to consolidate and am

Posted in Corporate Law  2 comments |   14499 Views


Now CS, CMA can also carry out internal audit of stock brokers

   23 October 2008 at 11:25

Internal Audit for stock brokers/trading members/clearingmembers In partial modification of SEBI circular No. MIRSD/ DPSIII/ Cir-26/ 08 dated August 22, 2008 on the above subject, it has now been decided that stock brokers/trading members/cleari

Posted in Career  2 comments |   8388 Views


Limited Liability Partenership Bill, 2008 introduced in Rajya Sabha

   22 October 2008 at 00:46

 THE LIABILITY OF THE PARTNERS TO BE LIMITED TO THEIR AGREED CONTRIBUTION IN THE LLP Minister of Corporate Affairs, Shri Prem Chand Gupta today introduced the  Limited Liability Partnership Bill, 2008 in the Rajya Sabha today. The Bill p

Posted in Career |   8097 Views


FBT, equity plunge ends Esop fable

   21 October 2008 at 15:18

Double whammy for staff exercising rights and those who held on to their shares, Employee stock option plans (Esops) have been a big motivator for employees

Posted in Career |   7038 Views


Now, job cuts loom large

   21 October 2008 at 15:16

The country's job market is about to come to a standstill with a freeze on hiring in the organised sector, a staffing services firm's report released on Monday said.India's business outlook index has hit an all-time low

Posted in Career |   7020 Views


Certificate Course on International Financial Reporting Standards

   17 October 2008 at 21:14

The International Financial Reporting Standards (IFRS) issued by International Accounting Standards Board (IASB) are gaining recognition as Global Reporting Standards. The Council of the Institute of Chartered Accountants of India, while appreciating

Posted in Career  1 comments |   13089 Views


Issuance of Exposure Draft of revised AS 3

   15 October 2008 at 01:17

In its endeavors of converging with IASs/IFRSs, the Institute of Chartered Accountants of India (ICAI) has issued an exposure draft of revised Accounting Standard (AS) 3, Statement of Cash Flows on the lines of corresponding IAS 7 for public comments

Posted in Accounts  1 comments |   9249 Views


Auditors should partner the Governemnt in Social Sector Programmes

   15 October 2008 at 01:05

Auditors should partner the Governemnt in Social Sector Programmes: President 24TH ACCOUNTANTS GENERAL CONFERENCE INAUGURATED FOCUS ON GOOD GOVERNANCE: CAG  President of India, Smt. Pratibha Devi Singh Patil said that auditors should partner th

Posted in Audit |   5292 Views