Wednesday, June 24, 2015

Non Applicability of Wealth Tax for CA Final November 2015

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The ICAI has recently issued a notification on 23-04-2015 regarding Non Applicability of Wealth Tax for CA Final November 2015 Exams. According to this notification, Wealth tax Act and Rules there-under WOULD NOT be applicable for CA Final November 2015 Examination. The ICAI has cleared the doubt about the Non Applicability and Applicability of Wealth Tax for CA Final November 2015 Exams.
Is Wealth Tax applicable for CA Final November 2015 Exams?
The council, at it's 342nd meeting held from 15th April to 17th April 2015, decided that the Wealth Tax Act, 1957 and Rules there-under would Not be applicable for November 2015 Examination, even though the relevant Assessment Year for November 2015 examination is AY 2015-16. Accordingly, Wealth tax Act and Rules there-under Would Not be applicable for November, 2015 examination of  Paper : 7 Direct Tax Laws.
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Thursday, June 11, 2015

CA Final Amendments for November 2015 Exam Amendments in Accounts Paper

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CA Final Amendments for November 2015 Exam Amendments in Financial Reporting

The ICAI has been amended the Syllabus of Accounts for CA Final and IPCC November 2015 Exams. The Institute Of Chartered Accountants OF India has issued a notification in regard to this matter. The ICAI has issued a notification dated 30-05-2015 specifying modifications in the syllabus of Accounts in CA Final and CA IPCC Exams.

According to the Amendments applicable for November 2015 Exam, some changes have been made. Some topics are "Excluded" and "Included" in the revised syllabus in Account's Paper of CA Final & CA IPCC.

Exclusions w.e.f. Nov 2015 Exams:

CA Final
Paper 1:- Financial Reporting Overview of International Accounting Standards (IAS)/ International Financial Reporting Standards (IFRS). Interpretation by International Financial Reporting Committee (IFRIC), Significant differences vis-a-vis Indian Accounting Standards, Understanding of US GAAPs, Applications of IFRS and US GAAP.

CA IPCC
Paper 5 :-Financial Reporting of Electricity Companies

Inclusions w.e.f. May 2016 Exams:

CA Final
Paper 1 : Financial Reporting Introduction of Indian Accounting Standards ( Ind AS): Comparative Study of ASs vis-avis Ind ASs: Carve outs/ins in Ind ASs vis-a-vis International Financial Reporting Standards (IFRSs).

Wednesday, June 10, 2015

Check CA IPCC May 2015 Result Date Name wise Result on caresults.nic.in

Check CA IPCC May 2015 Result, CA IPCC May 2015 Result Date, CA IPCC May 2015 Result Name Wise, CA IPCC May 2015 Result Date, CA CPT June 2015 Answer Sheet, CA CPT June 2015 Result Date

The Institute of Chartered Accountants of India (ICAI) organises CA CPT, CA IPCC and CA Final Examinations twice in every year. CA CPT is the entrance level exam and CA IPCC is intermediate level exam conducted by the ICAI. CA Final Exam is the last step to become a Chartered Accountant. Recently, the ICAI has conducted the CA Final and IPCC Exams in May 2015. CA IPCC May 2015 exam result is likely to be declared on 15th August 2015.

However, The ICAI has not yet made any official announcement about the CA IPCC May 2015 Result Date but it is expected that it will be declared between 15th August to 20th August 2015 on the official website of ICAI www.caresults.nic.in.

CA CPT June 2015 Result is also expected to be declare on the same day when the result of CA Final May 2015 will come out. You can check your CA IPCC May 2015 Result on www.caresults.nic.in and for any official announcement about the CA IPCC 2015 Result, CA CPT June 2015 Result Date, visit the ICAI's official website www.icai.org.

Also check for Check CA IPCC May 2015 Result, CA IPCC May 2015 Result Date, CA Final May 2015 Result Name Wise, CA IPCC May 2015 Result Date, CA CPT June 2015 Answer Sheet, CA CPT June 2015 Result Date.

Check CA Final May 2015 Result Date Name Wise Answer Sheet CPT Result

Check CA Final May 2015 Result, CA Final May 2015 Result Date, CA Final May 2015 Result Name Wise, CA IPCC May 2015 Result Date, CA CPT June 2015 Answer Sheet, CA CPT June 2015 Result Date

The Institute of Chartered Accountants of India (ICAI) organises CA CPT, CA IPCC and CA Final Examinations twice in every year. CA CPT is the entrance level exam and CA IPCC is intermediate level exam conducted by the ICAI. CA Final Exam is the last step to become a Chartered Accountant. Recently, the ICAI has conducted the CA Final Exam in May 2015. CA Final May 2015 exam result is likely to be declared on 15th July 2015.

However, The ICAI has not yet made any official announcement about the CA Final May 2015 Result Date but it is expected that it will be declared between 15th July to 20th July 2015 on the official website of ICAI www.caresults.nic.in.

CA CPT June 2015 Result is also expected to be declare on the same day when the result of CA Final May 2015 comes out. You can check your CA Final May 2015 Result on www.caresults.nic.in and for any official announcement about the CA Final 2015 Result, CA CPT June 2015 Result Date, visit the ICAI's official website www.icai.org.

Also check for Check CA Final May 2015 Result, CA Final May 2015 Result Date, CA Final May 2015 Result Name Wise, CA IPCC May 2015 Result Date, CA CPT June 2015 Answer Sheet, CA CPT June 2015 Result Date.

Friday, January 24, 2014

IPCC November 2013 Result Date Announced

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IPCC November 2013 Result Date Announced January 31, 2014:

The result of the Chartered Accountants Intermediate (IPC) Examination held in November, 2013 are likely to be declared on Friday, the 31st January, 2014 around 4.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank on all India basis will be available on the following website:

Arrangements have also been made for the candidates desirous of having results on their e-mail addresses to pre-register their requests at the above website, i.e., www.caresults.nic.in from 27th January, 2014. All those registering their requests will be provided their results through e-mail on the e-mail addresses registered as above immediately after the declaration of the result.

In addition to above, it may be noted that for accessing the result at the above website i.e. www.caresults.nic.in the candidate shall have to enter his registration no. and/or PIN no. alongwith his roll number.

For getting results through SMS candidates should type:
(i) for Intermediate (IPC) Examination result the following
CAINTER(Space)XXXXXX (where XXXXXX is the six digit Intermediate (IPC)
Examination roll number of the candidate)
e.g. CAINTER 002971
and send the message to 58888 - for all mobile services

ICAI Branch in Sikar CICASA Branch at Sikar Rajasthan

ICAI Branch in Sikar, CICASA Branch at Sikar Rajasthan:

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The Institute of Chartered Accountants of India has been announced to set up a ICAI Branch at Sikar, Rajasthan with effective from 2nd January 2014. The ICAI has passed a notification related to this. You can read this notification here.
"In pursuance of Regulation 81(5) of the Chartered Accountants Regulations, 1988, read with Rule 4 of the Chartered Accountants Students' Association (CICASA) Rules, the Council of the Institute of Chartered Accountants of India is pleased to announce the setting up of  a branch of Central India Chartered Accountants Students' Association at Sikar with effect from January 2, 2014.

The Branch shall be known as Sikar Branch of CICASA."



Thursday, January 9, 2014

CA IPCC May 2013 Topper Kruti Shah Interview: CA Toppers Interviews

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CA IPCC May 2013 Topper (1st Rank) Kruti Shah Interview:  CA Toppers Interviews:

·  Kruti B Shah a Mumbaikar, has topped the all India Chartered Accountancy (CA) examination. She is a shy girl with aspirations of pursuing Law after this. She has credited her success to her parents and teachers. A very positive and down to earth girl who is very happy to have this achievement. Let us find out what she has to say

First of all many congratulations to you, Kruti.
Thank you!!
So how are you feeling now after getting 1st rank in CA Final. 
Amazing, feeling like top of the world.
Ok nice!! So, what was your first reaction? 
It was very difficult to believe initially. Then I checked the site again and saw that I have cleared it with a rank. I was at home only with my family and shared the moment with them, the first person I told this is my mother.
So, how important is this for you?
It is the biggest achievement. Nothing can be better than this. It's the biggest milestone that I have ever dreamed to cross.
Now expectations from everywhere must be high.
Ya you are right.
Who guided you in this whole journey and anyone who inspired you?
Everyone- all my teachers and my tutorials, my seniors at my workplace and everyone use to guide me in this whole journey.
Any special name you would like to mention or you would like to thank?
I would definitely thank all my teachers and specially my principal. My family was the one who motivated me. They have always inspired me to work hard and were very supportive.
So, Kruti, how you have achieved this? What was your schedule, time-table and strategy?
Actually, I used to go to the library early morning at 8 o'clock and I used to study till 11 and I used to take a small break, just to keep myself fresh. I have prepared in such a manner that I could get time to revise two times at-least before the day of examination. So, I have planned in such a manner that I could revise and be prepared with all the things before the exams. I never used to count how many number of hours I have spent in a day on study, I used to keep on studying unless I am tired.
It must be varying from day to day according to your mood!!
Ya (smiles)...
Would you suggest some tips on how to prepare for the exams and how to attempt for the exams for your juniors?
Definitely, I would just tell them that never be afraid of whatever is there in the paper. Everything is possible. Even if it is difficult, you can patiently and calmly try and put all your efforts and you will definitely be able to crack it. Panic is something which many times cleans away whatever is there in our mind. And we definitely have mock-test so we can get a glimpse of how to appear in the final exam. So, I would recommend everyone to have mock-test before appearing for the exams.

What is the importance of Articleship, how it fits in the exam?
It definitely does help you in subjects like DT, IDT comes, Articleship comes to a great rescue; like when you do it practically, you get to know more things, you get interest in it. I actually, used to love studying DT, IDT books because we had some practical knowledge, like how actually does the thing happen and studying that one was a great fun. So one should take his/her articleship very seriously, seniors also comes as a great help and guide you in exams.
So, what are you saying is that one should give good number of mock tests before appearing for examination?
Not much but atleast if possible, once or twice; so that one can have an idea of in 3 hours how to write a paper, whether you are able to complete and what kind of paper pattern is that. Actually, I got to learn many things from the mock test.
Any hurdles you have faced in this whole journey, you would like to share with us?
Whatever challenges were there, all my friends, my family was always there to support me. It wasn't difficult to come out of it. I think I am blessed for having such a great family as well as friends and teachers around me.
So, what is your next plan after this?
Actually, I am planning to do LLB.
That's really interesting because in the past we have interacted with previous toppers but none of them have showed their interest in Law after CA.
Ya, I have already applied at GLC, Mumbai. Have not planned yet that what I will do after that, may be will go in corporate law or something but right now I am concentrating on law.
Interesting!! Rank No. 1 and Rank No. 2, both are from Mumbai so how does it feel?
It feels great when we see that Mumbai is having toppers and we can prove that Mumbai students are bright. Usually, it is from Chennai or from somewhere else we feel that ranks will come from there, but from past 2 years it's from Mumbai so we feel great.
So, do you have any message for the aspiring CA students?
Just do your best and leave the rest for God to decide. He will definitely give you what you what you want.
Thanks a lot Kruti for your time, now we would wish you for the celebrations. Once again congratulations and all the best for your future!
Thank you!!