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Tuesday, May 7, 2019

RFP For Internal Audit For The Financial Year 2019 To 20 To Ongc Mangalore Petrochemicals Limited

  • May, 09 2019
  • Ongc Mangalore Petrochemicals Limited, Karnataka (05 Apr 2019) Open Tender For Hiring Of An External Agency To Provide Support Services For Internal Audit For The Financial Year 2019 To 20 To Ompl
    Address :

Pakistan appoints new chief of tax collection body

Pakistan on Monday appointed chartered accountant Syed Shabbar Zaidi the new chief of the Federal Board of Revenue after its top economic policy leadership was cleared out during bailout talks with the International Monetary Fund.
The previous head of the agency, Jahanzeb Khan, was sacked on Friday along with the head of Pakistan's central bank, reflecting the turmoil in Prime Minister Imran Khan's government as it

ICAI Reveals 5,759 Chartered Accountants Received Placements With Top Salaries In Latest Campus Drive

The institute said that the students got placed with an average salary of 7.4 to 8.5 lakh.
The President of the ICAI, Prafulla P Chahjed said, “This placement programme has attracted the highest ever participation from recruiters offering highest number of positions since the inception of

Full GST Accounting Work in Tally | GSTR3B Return by Tally ERP9 | GSTR1 Return by Tally|



Sunday, May 5, 2019

Infibeam auditor denies allegations after company fires it for "sharing price-sensitive info"

E-commerce company Infibeam Avenues on Sunday said it has terminated services of chartered accountancy firm S.R.B.C & Co. LLP as one of the joint statutory auditors of the company on grounds of sharing of unpublished "price-sensitive information".
In a filing to the BSE, Infibeam said Shah & Taparia shall continue to be the statutory auditor of the company.

Bar Council of Delhi directs Big Four not to offer legal services

In a double-whammy of sorts for the Big Four audit-cum-consultancy firms – Deloitte, EY, KPMG and PwC – the Bar Council of Delhi on Friday directed the four firms to refrain from providing legal services to clients till further notice.

The move comes after a complaint was filed by the Society of Indian Law Firms (SILF), representing around 100 Indian law firms. SILF said in its complaint that the Big Four were actually accounting firms, but are engaged in "doing law

Income Tax officer abducted in Pak

A senior Income Tax officer and three others were allegedly abducted by masked gunmen dressed in security forces' uniform in northwest Pakistan.
Income Tax Assistant Commissioner Riaz Khan, who had come to his village Miani in Tank District

Saturday, May 4, 2019

Indian Auditors: Scapegoat or Calculated Risk taker?

Yogesh Sharma, partner and head of assurance, MSKA & Associates (audit arm of the consultancy major BDO), comes out in full defence of the auditor community. While Sharma acknowledges that the audit quality could have been better and robust in some cases, he also argues against blaming the accounting profession for every mistake on financial statements.

YogeshSharma(MSKA)In the last few years, audit profession has been condemned by industry stalwarts after a series of accounting frauds started unearthing. The latest being the

Thursday, May 2, 2019

Auditors will now have to disclose the procedures used to arrive at conclusions

After a few stops and starts, a new feature of audit reports will kick in from the current fiscal. Auditors will now have to spell out ‘Key Audit Matters’ or KAM in their report to shareholders whichspecific procedures used in the audit of companies and explain how they arrived at the

Wednesday, May 1, 2019

Reasons of figures not matching in GSTR9 VS GSTR1 & GSTR3B and its suggestive treatment with live examples



Vacancy for Senior Manager Financial Planning & Analysis in Vodafone

US Income Tax Payers Can Now Get Refunds in Bitcoin

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin.
Blockchain payments processor Bitpay announced the news on Tuesday, saying that the firm has

GST Annual Return Checklist - How to file GSTR 9



Companies need to recognize the benefits of whistleblowing

Whistleblowing is central to the plurality of checks and balances which allow businesses to thrive. In its report, How whistleblowing helps companies, ICAEW’s Corporate Governance Faculty elaborates on the importance of effective whistleblowing and provides essential guidance for boards on how to create environments that encourage it.
Whistleblowing can be of enormous value to companies, but still many organisations do not promote

Dubai-based Pakistani wins Chartered Accountant Woman of the Year award



190414 asma award
Asma receiving CA Woman of the Year 2019 award from Pakistan President Dr Arif Alvi in Islamabad Image Credit: Supplied
Dubai: Dubai-based Pakistani expat, Asma Jan Mohammad, has become the first overseas recipient of the Chartered Accountant Woman of the Year 2019 award.
Pakistan President Dr Arif Alvi conferred the award upon Asma in Islamabad on April 11 at a

Now Pakistan Govt proposes to bring in tax amnesty scheme

The PTI-led government has convened meeting of important selected stakeholders including top businessmen, chartered accountants and consultants on Tuesday (today) to decide the fate of proposed tax amnesty scheme.
The government is also considering slapping different range of rate for proposed tax amnesty scheme with maximum 15 percent till June 30 and afterwards doubling and tripling this rate up to June 2020. The stakeholders in the range of 10 to 15 have been invited for consultation in order to hold

Expression Of Interest For Engagement Of Chartered Accountant Firms For Internal Audit Of ICAI

  • Institute Of Chartered Accountants Of India,New Delhi (20 Apr 2019) Expression Of Interest For Engagement Of Chartered Accountant Firms For Internal Audit Of Various Units I.E. Branches And Decentralized Offices Of The Institute Of Chartered Accountants Of India (Icai).
    Address :

Tender For Providing Services W.R.T. Goods And Service Tax And Income Tax of BSNL

Tender For Providing Services W.R.T. Goods And Service Tax And Income Tax Matters On Retainership Basis From The Firm Of Chartered Accountants
Address :
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