...Final Course Frequently Asked Questions (FAQs) -------------------------------------------------------------------------------------------------------------------------- 1. When student is admitted for CA Final Course? Student after passing Intermediate/ Professional Education (Examination-II)/ Professional Competence Examination/ Integrated Professional Competence Examination (IPCE)/ Intermediate (IPC) Examination in its entirety can enroll for CA Final Course. Students, who pass IPCE / Intermediate (IPC) Examination in its entirety, are required to register for Final course immediately and start preparation for Final Examination. 2. What is the Final Course registration fee payable by students who passes Integrated Professional Competence Examination (IPCE)/ Intermediate (IPC) Examination? Student who has passed Integrated Professional Competence Examination (IPCE)/ Intermediate (IPC) Examination are required to pay the following fee while registering for Final Course: Admission to Final Course Registration Fee (INR) Registration Fee (US$) After passing IPCE/ Intermediate (IPC) Examination Rs. 10,000/- + Rs. 2,000 towards Article Registration Fee, if not paid earlier 750 + 50 towards Article Registration fee, if not paid earlier 3. What are the eligibility criteria for different scheme to appear in the Final Examination? Eligibility criteria for appearing in the Final examination are given below: Sl. No. Category of Students Eligibility Criteria to...
Words: 5342 - Pages: 22
...Methodology of ICAB 8 various methods of ICAB in trade, commerce, industry, Finance, etc.: 9 Literature review: 10 ICAB's publications: 10 functions of Charterd accountants engaged in public practises: 11 The role of ICAB 12 Conclusion: 16 References 17 ABSTRACT To meet the ever-changing global economic demands dominated by WTO regime, the ICAB is fast becoming a body of professionals whose have ability. The main research objective is to determine "the development of financial accounting and the role of ICAB". Their literature review describes the main viewpoints in the literature, strategies of various viewpoints and so on. The development of accounting not very easy project or analysis subject in accounting policy. So many companies are trying to do their best to develop their accounting in finance. Which prompt us to formulate some hypotheses; this methodology helps us to see the development of financial accounting as a spot shoot. This methodology also enables us to explain the academic value of our research on this topic; and enable us to define the method and technique of financial accounting. The Institute of Chartered Accountants of Bangladesh (ICAB) has been constantly pursuing that noble duty in the CA professionals. ICAB is the sole apex body responsible for regulating the profession of accountants and the matters connected therewith in Bangladesh established under the Presidential Order No. 2 of 1973. ICAB has two regional Offices and two regional committees...
Words: 4634 - Pages: 19
...there to guide all managerial decisions creating a common framework upon which all decisions are founded. This aids in the creation of a cohesive understanding of the boundaries within an organisation and the standards set for interacting with external stakeholders. A formal, well communicated code of ethics can also help to protect a company’s reputation and legal standing in the event of a breach of ethics by an individual employee. The International Federation of Accountants (IFAC) is a global organisation for the accountancy profession. It was founded in 1977 with a mission to serve the public interest, IFAC is there to strengthen the accountancy profession globally and contribute to the development of strong economies. It also has the duty to promote adherence to high quality professional standards. It also seeks to reinforce professional accountants’ adherence to these values, which are reflected in the IFAC Code of Ethics for Professional Accountants. The South African Institute of Chartered Accountants (SAICA) is the largest accountancy body in South Africa and one of the leading institutes in the World. It is highly influential in its dynamic business sector. It offers a wide range of support services to its members, in a bid to improve the economy of the...
Words: 2532 - Pages: 11
...CURRICULUM VITAE CA. SAHIL JAIN E-MAIL : sahiljain69@gmail.com MOB. NO. : 09469212042, 09018709963 CAREER OBJECTIVE: To work with a reputed organisation which provides challenging environment, encourages continuous learning, creativity and exposure to new ideas and cultures which stimulates personal and professional growth and to become a reputed professional in the field of Taxation, Accounts, Audit and Finance Department. ACADEMIC CREDENTIALS: ...
Words: 361 - Pages: 2
...recent times is the rapid growth of the accountancy profession. The vast changes occurring in the economy of the country have been placing great responsibilities on the Chartered Accountants. It also constitutes a challenge to the profession to bring to bear their knowledge and skill in their specialised fields of activity. The types of functions generally performed by the Chartered Accountant are varied. The more important ones amongst them are discussed below. Accountancy This includes the writing up of accounts and the preparation of financial statements. It encompasses a wide area ranging from simple Book keeping to complex financial analysis. Auditing Possibly one of the most important functions of a Chartered Accountant, it is here that his specialised training, skill and judgment are most often called into play. The purpose of auditing is to satisfy the users of financial statements that the accounts presented to them are drawn up on correct accounting principles and that they represent a true and fair view of the state of affairs of the organisation. Taxation With a number of taxes on the statute book, current and continuing tax information has become vital to the effective economics of business management. The assessment of taxes is very closely linked with financial accounts. The Chartered Accountant with his experience in accounts is in an advantageous position for preparing the returns for tax purposes, representing assessees before the Income-Tax authorities and...
Words: 1140 - Pages: 5
...the export market. The company employs 450 people, which makes it a large company by New Zealand standards. The accounting department at the head office is organised into two sections: cost accounting and management information services (MIS). The accounting department is structured as shown in Exhibit 1. Exhibit 1: Description of Employees in the Case Name Rob Poor Position Chief accountant Description Rob is the accounting department manager. He is 40 years old and is a qualified accountant with a chartered accounting (ACA) qualification. He has been with the company for six years. He is an unassuming person regarded as a bit ‘soft’ by his staff. cost Vernon is 30 years old and is a graduate with an ACA qualification. He joined the company 18 months ago. He is considered an easygoing type and is well liked by his staff. Peter is 37 years old and has a science degree in dairy technology. He is also studying part-time for a management degree through Massey University. He is regarded as ‘moody’ and is not well liked by his staff. Vernon Moore Chief accountant Peter Bruton Management accountant Fran, the New Graduate Fran Hayden was in the final year of her bachelor of management studies (BMS) degree at the University of Waikato, where she had proved to be a high achiever. Fran was interested in a position with Dairy Engineering because of the opportunity to gain practical experience and the company's higher starting salary compared to the industry average. Fran...
Words: 1933 - Pages: 8
...academic purposes and your identity will be kept confidential at all times. Your voluntary participation in this questionnaire is greatly appreciated. Thank you for your time and participation. Sincerely, Khairani Binti Mohd Rawi Final year student of Bachelor of Accounting Department of Accounting and Finance Faculty of Economics and Management Universiti Putra Malaysia Please TICK (√ ) the level of agreement or disagreement for the following statements by using the scales below: SD – Strongly Disagree QA – Quite Agree D – Disagree A – Agree QD – Quite Disagree SA – Strongly Agree SECTION A: Job Selection | |SD |D |QD |QA |A |SA | |1. |I will work as a chartered accountant after my graduation. | | | | | | | |2. |Please choose one of the following below as your career aspiration: Public accounting Internal auditing Goverment/nonprofit Industrial accounting Graduate/law school Other | | | | | | | | SECTION B: Non academic activity involvement 1. What type of main co-curricular activity do you had involve? __________________________ 2. The level of...
Words: 348 - Pages: 2
...A MEETING OF MINDS? Worden is a medium-sized industrial town in the Midlands. It grew up around the local electronics plant, which is part of a large international group that makes and supplies electrical components to the automotive industry. The economic fortunes of the town have consequently tended to fluctuate with the fortunes of the plant, and therefore, the automotive industry. The last decade has however been a relatively stable period for the town and it is thought that there will not be a change to the low rate of economic growth in the area. The electronics manufacturer is the major employer in the area. Also in Worden there is a reasonable amount of industry and commerce comprising mainly of small engineering works and the necessary industrial, commercial and retail services. There are also a number of large farms on the outskirts of the town. There are two accountancy partnerships in the town. They provide accounting, audit, taxation and, when necessary, consultancy services to a range of customers in the town. However, the electronics manufacturer uses one of the big international accounting firms. Mann and Mann is the older of the two practices. It was founded by the father and uncle of the current Senior Partner. Its clients include all of the local farmers along with a mixture of the other businesses in the town. It is located in the centre of the town in very spacious accommodation that it owns. This part of town is also the site of many of the town’s...
Words: 1009 - Pages: 5
...ABSTRACT The research is extensively to examine he rule of accountants in Third tier government and with particular reference to Brass Local Government Area of Bayelsa State. It will cleanly stray the importance of accountants in the third-tier government which is the local government level. The functions, duties and operational system of accountants in local government system can not be over stated. The research also went further to deals on the financial control and dealing of movement of fund or finance in the local Government system. At the end of this research, the role of accountant on accountability, probity and transparent way of spending local government finds will be the Hall mark of this work as to assist accountants in the third tier of the government to acquaint with its functions. This research is also to found out some problems that face the accountant and to proffer solutions to which is to better the accounting system as profession. 1 TABLE OF CONTENT Title page…………………………………………………………………………………..i Certification ………………………………………………………………………………ii Dedication …………………………………………………………………………………iii Acknowledgment……………………………………………………………………….iv Abstract …………………………………………………………………………………….v CHAPTER ONE INTRODUCTION 1.1 Back ground of the study 1.2 Statement of problem 1.3 Objective of the study 1.4 Significance of the study 1.5 Scope and limitation of the study 1.6 Literature Review 1.7 Hypothesis 1.8 Method of Data Collection and Analysis 1.9 Definition of Terms CHAPTER...
Words: 4746 - Pages: 19
...White & Rosen Certified General Accountants 150 Brant Street Burlington, Ontario L1L 1L5 February 18, 2008 Dr. Beatrice Simcoe, President Brant Animal Hospital Professional Corporation 100 Brant Street, Burlington, Ontario L1L 1L1 Dear Dr. Simcoe: We have been engaged to audit the financial statements of Brant Animal Hospital Professional Corporation (“the Company”) for the year ended December 31, 2007. Canadian Generally Accepted Auditing Standards (GAAS) requires us to communicate at least annually with you regarding all relationships between the Company and us that, in our professional judgment, may reasonably be thought to bear on our independence. In determining which relationships to report, these standards require us to consider relevant rules and related interpretations prescribed by the appropriate provincial institute and applicable legislation, covering such matters as: • holding a financial interest, either directly or indirectly, in a client; • holding a position, either directly or indirectly, that gives the right or responsibility to exert significant influence over the financial or accounting policies of a client; • personal or business relationships of immediate family, close relatives, partners or retired partners, either directly or indirectly, with a client; • economic dependence on a client; • provision of services in addition to the audit engagement; • making journal entries or accounting classification without...
Words: 410 - Pages: 2
...career growth opportunities. To advance my career as renowned chartered accountant Summary of Qualifications: • Perfect understanding of the fundamental accounting concepts with extra ordinary ability to apply them in a varied manner • Holding the valid charter • Extensive accounting practices exploring various aspects of the economy • Excellent communication and comprehension skills • Close exposure to foreign policies and trade policies plasticized by various nations across the world Professional Experience: Adventist Health International-SDA Hospital, Aba, (2011-Present) Chartered Accountant {Treasurer} • Ability to ensure that all financial and accounting reports are prepared in compliance with NASB & IFRS and submitted in a timely manner • Managing their financial systems and budgets • Carrying out periodic risk analysis about the various financial decisions of the organization • Performing periodic financial audit of the company • Conducting regular meetings with the senior management providing expert financial advice for the decision making process • Providing special advise with deeper study with the orientation of raising the profitability of the business • Experience overseeing compliance with internal controls and accounting procedures Eastern Nigeria Union of Seventh-day Adventists Senior Accountant {2003-2010} • Experience reporting on financial results...
Words: 461 - Pages: 2
...Experience the PwC A.F.FERGUSON & CO., Chartered Accountants a member firm of the PwC network A.F.FERGUSON & CO., a member firm of the PwC network, is committed to quality service and training since more than 100 years now! It is yet again providing you a unique opportunity to experience the journey of professional learning. Do you see your future that will take you to higher levels; the level which will drive you to achieve leadership in the corporate world? Whatever your vision!!! If it involves obtaining best professional qualification then you have found a home in A.F.FERGUSON & CO., Chartered Accountants. We focus on client value We put ourselves in our client’s shoes We measure our success by yours. Your chance to be an audit trainee arises this summer as A.F.FERGUSON & CO., Chartered Accountants is starting its recruitment process! Schedule: If you meet the Firm's eligibility criteria and want to be part of the Firm, apply online Online applications will be accepted from April 13 to April 24, 2015 at www.affco.com.pk Assessment Test: May 16, 2015 (Tentative) Interview Dates: May 28, 2015 (Tentative) Eligibility criteria: Only ICAP FTS batch 8-12 students who have passed at least 3 papers of intermediate examination (i.e. Module C & D / certificate of accounting and finance) can apply In case of queries access our help line at: aff.websupport@pk.pwc.com © 2013 A. F. FERGUSON & CO., Chartered Accountants, a member firm of the PwC network. All...
Words: 298 - Pages: 2
...headquarters in Hamilton, New Zealand, with manufacturing plants in South Auckland and Christchurch. The companv manufactures equipment for the dairy industiy. In its early years ii focused on the domestic market, but in the last five years it has expanded into the export market. The Exhibit 1 Description of Employees in the Case company employs 450 people, which makes it a large company bj New Zealand standards. This case focuses on events in the accounting department at ilie head office, which is organized into two sections: cost accounting and management information services (MIS). The accounting department is structured ;is shown in Exhibit 1. rwn Moore Chief cost accountant Management accountant Rob is the accounting department manager. He is 40 years old and is a qualified accountant with a chartered accounting (ACA) qualification. He has been with the company for six years. He is an unassuming person regarded as a bit "soft" by his staff. Vernon is 30 years old and is a graduate with an ACA qualification. He joined the company 18 months ago. He is considered an easygoing type and is well liked by his staff. Peter is 37 years old and has a science degree in dairy technology. He is also studying part-lime (or a management degree through Massey University. He is regarded as "moody" and is not well liked by his staff. Fran, the New Graduate Fran Harden was in the final year (if her bachelor of management studies IBMS) degree at the University of WaikaUx where she hud...
Words: 974 - Pages: 4
...What is the role of the accountant? There are many things that make a business successful whether it is the quality of the product/service that is provided, the advertising and marketing of a business or the reputation that a firm has built up, but for any business to run smoothly it is fundamental that the accounts are correct, well kept and provide the essential financial information in order for a business to see what sort of financial position it is in and for directors or people who run the business to make important financial decisions to ensure the survival of a business. The function of accounting allows a company to keep records of all its financial history and allows the organisation make decisions based on the information. A well known definition of accounting is ‘The process of indentifying, measuring, and communicating economics information to permit informed judgements and decisions by users of the information’ (Wood, 2008, p.332). It is all based around the provision of financial information about a business entity to the financial decision makers of the business. It is also a legal requirement for businesses especially private limited and public limited companies to provide precise figures in their books and accounts in order to prove they are not committing fraud. Therefore the role of the accountant is highly significant and businesses must ensure they employ adept accountants to keep the day-to-day running of a business’s finances, accounts and books in good...
Words: 1588 - Pages: 7
...IFAC’s recently released Revised Code of Ethics applies to all professional accountants - whether you work in practice, in industry, in academe, or in government. It is effective from June 30, 2006. Accountancy Ireland asked ICAI member, Richard George, Chairman of the IFAC Ethics Committee to explain the background to the development of the revised code and to give our readers a brief overview of what it covers. Many Irish Chartered Accountants are probably only vaguely aware of the existence of IFAC - the International Federation of Accountants - as a global body that sets professional standards for the accountancy profession and of which their Institute is a member. A much smaller number would have any detailed knowledge of what these professional standards cover or of how they impact on local requirements as promulgated by their own Institute. This article is about ethical matters and the activities of the IFAC Ethics Committee. Besides ethics, IFAC Boards and Committees develop international standards on auditing and assurance (ISAs), on education and on public sector accounting. Each of the member bodies of IFAC - there are 163 currently from all parts of the globe - undertakes to use their best endeavours, subject to national laws and regulations, to implement the standards issued by IFAC in each of these fields. So, ICAI - and indeed, the other UK and Irish based accounting bodies that have members in Ireland - have obligations to promulgate IFAC standards and to monitor...
Words: 2222 - Pages: 9
