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The Institute of Chartered Accountants of India (ICAI) has constituted a committee to deliberate on FAIS, which are expected to be framed by the end of this year 2020. The Institute of Chartered Accountants of India will be the first body in the accounting world to develop a full set of FAIS standards for forensic professionals and stakeholders ...
ICAI has allowed provisional registration for 10th class passed students.Eligibility Criteria for CA Foundation Course 1. Educational Qualification: • Class 10: Students who have passed the Class 10 examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State ...
The regulatory initiative continues to comprise the mandatory Enhanced Registration Framework [1] (ERF) which sets out the basic standards that a Private Education Institution (PEI) would need to adhere to in order to operate. While private schools are required to register with the CPE, this is not an endorsement or accreditation of the school. [2]
In India, a Chartered Accountant is a qualified accountant of the Institute of Chartered Accountants of India.Chartered Accountants have knowledge of various subjects like accounting, auditing, corporate laws, costing and various aspects of direct and indirect taxation.
State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, [1] and one year of accounting-related experience. Continuing professional education (CPE) is also required to maintain licensure.
CA Intermediate is the second level exam, of a course in India, Chartered Accountancy. It has six subjects and over 7000 pages of study material that a student is expected to cover in the nine months study period allotted to them.
A separate registration is needed for Chartered Accountants wishing to act as auditors in public practice as a registered auditor (RA). The RA designation is conferred by IRBA (Independent Regulatory Board For Auditors, previously known as Public Accountants and Auditors Board [PAAB]) under the Auditing Profession Act (AP Act).
Western India Regional Council, abbreviated as WIRC of ICAI is one of the five Regional Councils of Institute of Chartered Accountants of India (ICAI) and the largest among them. [1]
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