ICAI Current Affairs, GK & News
The National Financial Reporting Authority is creating a database of companies and auditors. What is the plan? As a first step of establishing the database, NFRA is to identify and verify the primary data sources. This is essential because certain data such as Company Identification Number is different from different sources. NFRA is to collect ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
On October 21, 2020, the Union Cabinet chaired by Prime Minister Narendra Modi approved the Memorandum of Understanding signed between The Institute of Chartered Accountants of India and the Malaysian Institute of certified public Accountants. The agreement enables the qualified Chartered Accountants of the countries to join other institutes based on their qualification. Highlights Based ..
Category: International Current Affairs
The Union Commerce and Industry ministry has appointed four institutes to interact with stakeholders and suggest measures to push India’s ranking in World Bank’s Ease of Doing Business Index. They are National Institute of Construction Management and Research (NICMAR), Indian Institute of Foreign Trade (IIFT), Institute of Company Secretaries of India (ICSI) and Institute of ..
Category: Reports & Indexes Current Affairs
Audit stands for scrutiny, examination or inspection of various account books to ensure a standardized method is followed by all the departments of the firm to record transactions and to determine the accuracy of financial statements provided by the organisation. The process is either taken up by the internal employees or departmental heads or even ..
The Institute of Chartered Accountants of India (ICAI) has recently signed the Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nepal (ICAN) to establish mutual co-operation for the advancement of accounting knowledge, professional and intellectual development, advancing the interests of their respective members and positively contributing to the development of the accounting ..
Topics: Accountant • Accounting • Business • Chartered accountant • Chartered Accountants Act • Economy • ICAI • Institute of Chartered Accountants • Institute of Chartered Accountants of India • Institute of Chartered Accountants of Nepal • Institute of Cost Accountants of India • New Delhi