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Website. www .icai .org. Institute of Chartered Accountants of India ( ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament for ...
In India, a Chartered Accountant is a qualified accountant of the Institute of Chartered Accountants of India. Chartered Accountant is one of most respectful profession in commerce stream. They have knowledge of various subjects like accounting, auditing, corporate laws, costing and various aspects of direct and indirect taxation.
t. e. Forensic Accounting and Investigation Standards by ICAI are a set of Forensic Accounting and Investigation Standards issued by The Institute of Chartered Accountants of India (ICAI) for preventing the rising issues of accounting, financial and loan irregularities. The standards are designed to be helpful for banks, regulators, corporate ...
v. t. e. Indian Accounting Standard (abbreviated as Ind_AS) is the accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977. ASB is a committee under Institute of Chartered Accountants of India (ICAI) which consists of representatives ...
The CA Foundation Course is the entrance level for the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI). [1] Earlier, it was known as the Common Proficiency Test. CA Foundation contains 5 series of papers. The CA Foundation exam replaced the CA-CPT exam and now is conducted by the Institute of ...
Test model. It is an objective type examination and consists of 200 multiple choice questions. CPT covers four basic subjects divided into two sections viz. 1. Accounting (60 Marks) + Mercantile Laws (40 Marks) 2. Economics (50 Marks) + Quantitative Aptitude (50 Marks) Every incorrect answer on the CPT exam carries a 0.25 negative mark. A ...
Commenced. 1 July 1949. Status: In force. The Chartered Accountants Act, 1949 is a statute enacted by the Constituent Assembly of India, which was acting as the provisional Parliament of India in 1949, to regulate the profession of Chartered Accountants in India. Under this act, The Institute of Chartered Accountants of India was established as ...
The Institute of Chartered Accountants of Nepal (ICAN) was established under a special act, The Nepal Chartered Accountants Act, 1997 to enhance social recognition and faith of people at large in the accounting profession by raising public awareness towards the importance of accounting profession as well as towards economic and social responsibility of the accountants, and to contribute ...