ICWAI signs MoU with Russian accounting institute:

New Delhi: The Institute of Cost and Works Accountants of India (ICWAI) and the Institute of Professional Accountants and Auditors of Russia (IPAR) have signed a Memorandum of Understanding (MoU) in Moscow in the presence of Ministry of Corporate Affairs Secretary R. Bandyopadhyay.

ICWAI was represented by its President, B. M. Sharma and IPAR by its President, V.V. Skobara.

IPAR, formed approximately little more than a decade back, is the only accounting body in Russia and also a member of the International Federation of Accountants. It has roughly more than one lakh members working in various Russian organizations focusing on business accounting, management accounting, taxation and law.

ICWAI has also signed such memorandums with CIMA UK, IMA USA, ICMA of Srilanka and very recently also supported the promotion of a Cost and Management Accounting body in Oman.

Bandyopadhyay said that this historic accord between ICWAI and IPAR paves way for long term cooperation in the field of business accounting,management accounting and related auditing in both countries.

He also stressed the need for sharing experiences of both accounting bodies in the context of both Russia and India being important constituents of the BRIC and the G- 20 nations. Both parties have agreed to develop joint research and development projects and promote the results of the researches in work practices of accounting community of both countries.

Pursuant to this MoU, both parties will also work towards the mutual recognition of membership and also cooperate in international forums such as IFAC.

R. Bandyopadhyay is currently on an official tour to Russia leading a delegation of accounting professionals from India. The team met the Deputy Minister of Finance of Russia Sergey Dmitrievich Shatalov and his team of senior officials from the Finance Ministry in Moscow and had extensive discussions about the status of corporate sector in both countries.

Verification Status May-2010 Examinations - (22-09-2010):

Verification Status of May-2010 Examinations (PCE)
1)   Roll Numbers of candidates where no change in marks found Click Here All these candidates has been intimated by post.
2)   Roll Numbers of candidates where change in marks found but there is no change in result or exemption in applied papers found Click Here Revised statement of marks has been sent.
3)   Roll Numbers of candidates who have obtained exemption in any of the applied papers. Click Here Revised statement of marks has been sent.
4)   Roll Numbers of candidates who have passed in one/both groups/a Unit of IPCE/ATE. Click Here Revised statement of marks has been sent
Candidates whose Roll No is not appearing in Sl No:1, 2, 3 and 4 above are under process.
G. Somasekhar
Additional Secretary (Exams)
Last updated on 18th September, 2010

Certificate Course on Valuation at Hyderabad - (22-09-2010):

Corporate Laws and Corporate Governance Committee
Keeping in view the implementation of IFRS and in order to enable the members to gain acumen, deeper understanding and expertise on Valuation, the Institute had launched Certificate Course on Valuation. Nine batches of the Course have been completed and four batches are ongoing at different locations in the country. Around 429 members have been benefited from this course.
Looking at the overwhelming response of the members of the Course and on the request of a few members of the region, the Committee have decided to launch a fresh batch of the course at Hyderabad from 15th November 2010 subject to minimum 30 participants registering for the Course. With this background we request you to register for the course at the earliest as it is on first come first serve basis
For details please refer to the website of the Institute at
http://www.icai.org/post.html?post_id=3428&c_id=266.
The filled up form along with requisite fee can be sent to the following address :
The Secretary,
Corporate Laws and Corporate Governance Committee,
4th Floor, Legal Section,
P.B.No.7100, Indraprastha Marg,
The Institute of the Chartered Accountants of India
New Delhi-110002

CPT Online Exam 2010 Registration Closes on October 5

The last date of registration for the online Common Proficiency Test (CPT) 2010 (or till the seats are full, whichever is earlier) is October 5, 2010.Interested candidates can register bylogging in the institute’s official website: http://icai.org/. The direct link to register for the online CPT 2010 examination is: http://cptonline.icai.org/

Institute of Chartered Accountants of India (ICAI), New Delhi, conducts the Common Proficiency Test, which is popularly known as CPT. The online CPT Exam scheduled to be conducted on 23/24 October, 2010.

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. For any further queries one can visit the institute’s aforementioned official website.