ACCOUNTANCY QUALIFICATION
New council of ministers: 11 are 12th pass, 57 are graduate or above
A new report by the Association for Democratic Reforms (ADR) reveals that 11 out of 71 Indian ministers have declared their educational qualifications as 12th standard, while 57 have graduated or above. The report reveals that 15% of the ministers have declared their highest educational qualification as 12th standard. The majority of the ministers have attained higher education, with 14 declaring themselves as graduates, 10 having professional graduate degrees, and 26 having postgraduate degrees.
IRDAI approves appointment of Sandeep Batra as ICICI Prudential Board chairman
The Insurance Regulatory and Development Authority of India (IRDAI) has approved Sandeep Batra as Chairman of ICICI Prudential's Board of Directors, effective June 30, 2024. Batra, a Chartered Accountant and Company Secretary, has served as Executive Director, CFO, and Group Compliance Officer at ICICI Prudential.
India vs Kuwait Kolkata football match: How to get tickets for Sunil Chhetri's retirement match
Sunil Chhetri, India's revered football icon, announced his retirement from international football via social media. Debuting in 2005, he will retire after the India vs Kuwait FIFA World Cup qualifier on June 6 in Kolkata's Salt Lake Stadium. With 94 international goals, Chhetri's legacy extends through six AIFF Player of the Year awards. The match holds significance as India vies for World Cup qualification.
How much does an IAS officer earn? Social media debate erupts over chartered accountant's post
The Indian Administrative Service (IAS) continues to captivate the youth despite debates on salary comparisons with other professions. Motivated by service and respect, individuals prioritize passion and societal impact over monetary rewards.
Skills ministry notifies draft guidelines for setting up of the Academic Bank of Credits
The Academic Bank of Credit is a digital repository that stores credit information earned by students or learners throughout their educational journey. Under this, all recognised awarding bodies are required to register both their credentials and the students or learners.
Arun Govil: Here's assets, debts, criminal record, and qualification of BJP's Meerut candidate
Actor Arun Govil, known for playing Lord Ram, owns a Mercedes worth Rs 62.99 lakh. His moveable assets surpass Rs 3.19 crore. His wife's assets exceed Rs 2.76 crore. They invest in bank accounts, shares, and mutual funds.
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Women changing surname legally after marriage: Advantages, disadvantages
International Women's day 2024: Women in India commonly change their surnames after marriage. However, while making a change legally in all their official and other documents, there are certain pros and cons that must be considered. Changing surname in official documents entail huge one-time effort while providing lots of documents and affidavits. Read on to know the advantages and disadvantages of legally changing surname after marriage.
Nine of 23 re-elected MPs between 2004 and 2019 declared serious criminal cases against them: ADR
Of the 23 MPs re-elected between 2004 and 2019 Lok Sabha polls, 12 of them have declared criminal cases against them, poll rights body ADR has said in its new analysis. Top re-elected MPs with the highest increase in assets include Jigajinagi Ramesh Chandappa, Maneka Sanjay Gandhi, and Rao Inderjit Singh, whose assets witnessed substantial growth over the years.
Rejection of accounts by Delhi Gymkhana members raises questionsabout club's future
In a significant development, the government-appointed board overseeing the Delhi Gymkhana Club faced a setback as its attempts to secure Annual General Meeting (AGM) approvals for the club's audited accounts were met with strong opposition from the club members. This clash further intensifies the ongoing power struggle in the heart of Lutyens Delhi.
Big accounting firms may not get to value IDBI bank assets
The decision to appoint an asset valuer for IDBI Bank has caused concern among the big four accounting firms. The government's department of investment and public asset management has set out qualification criteria stating that only valuers registered with the Insolvency and Bankruptcy Board of India are eligible to apply.
How to Become an Account Manager
An account manager is responsible for maintaining client relationships and serving as a bridge between the organization and its clients. They wear multiple hats, including those of a salesperson and a customer service executive, to maximize customer satisfaction and drive business growth. The role involves nurturing client connections, collaborating with sales and marketing teams, managing budgets and investments, and keeping up-to-date data. Account managers must have strong communication, interpersonal, and organizational skills, as well as the ability to adapt to client needs and solve problems.
How To Become A Financial Manager
Financial managers are responsible for overseeing an organization's financial operations, including budgeting, investments, and risk management. To become a financial manager in India, candidates typically need a bachelor's degree in finance or a related field, although a master's degree can enhance career prospects. Industry-relevant certifications, such as the Chartered Financial Manager (CFA), can also be beneficial. The average annual salary for financial managers in India is around Rs. 4.5 LPA, with starting pay at Rs. 2.1 LPA and a maximum of Rs. 12.1 LPA. Popular courses for aspiring financial managers include BCom, BBA, BSc in Finance, and MBA programs. Entrance tests like IPU CET, JNU EE, CAT, MAT, and CMAT are often required for admission to these programs.
Indian clinches mixed team air pistol gold at World Championship
The Indian duo defeated the Turkish pair of Ilayda Tarhan and Yusuf Dikec 16-10 in the gold-medal match to take the country's medals tally to two. India are currently placed second on the medals table with a gold and a bronze medal, while China is leading the tally with five gold and two bronze medals.
Not appropriate to conduct independent examination of accounts now: Adani Ports
Adani Ports, the Indian port operator, has declined to seek an independent examination of its financial accounts on the grounds of ongoing investigations by the market regulator and the Supreme Court into the company's practices. The decision comes after Deloitte Haskins & Sells LLP flagged certain potentially related party transactions over insufficient disclosures and said that it was not independently able to verify them. US-based Hindenburg Research accused the diversified conglomerate of fraud and stock manipulation in January, but the Adani Group has so far denied all allegations.
China deletes 1.4 million social media posts in crackdown on 'self-media' accounts
The Cyberspace Administration of China (CAC) said it had closed 67,000 social media accounts and deleted hundreds of thousands of posts between March 10 and May 22 as part of a broader "rectification" campaign.
Govt to set up high-level panel for smooth implementation of national credit framework (NCrF)
A senior government official told ET that the government foresees multiple challenges going forward including standardisation across different qualification frameworks while addressing the unique needs of each stream followed by issues of data security and privacy issues related to Aadhar-enabled data of millions of students in the country.
Varun Tomar bags 10m air pistol gold, opens India's account at Cairo Shooting World Cup
Seasoned Slovakian shooter Juraj Tuzinsky defeated upcoming Italian talent Paolo Monna 17-15, to win gold in the event.
ISRO puts out exhaustive account of what went wrong with first development flight of SSLV
The Bengaluru-headquartered national space agency said considering the clear identification of the cause of the flight anomaly and suggested corrective actions, the next development flight (SSLV-D2) is planned to be executed complying to the recommendations.
'Punah Sthapan' project: Now, defence institutes can assess and award Agniveers
This gives the 19 institutions and 17 directorates the status of an 'awarding body' - allowing them to give due credits for the skills a soldier acquires and the training/courses she/he undertakes as a defence personnel. The same was recorded at the January 5, 2023, meeting of the National Skills Qualification Committee.
A day in the life of a forensic auditor
Much like Holmes, the forensics auditor does not theorize. She/he/they delve into the financial records of a firm and investigate the real stories behind the numbers. Meet Arpinder Singh, Global Markets and India Leader, Forensic and Integrity Services, EY. Let’s decode a day in the life and times of a forensic auditor.
View: India needs to meet some more qualifications in the foreign investment arena
Today, investors are constrained by the fact that any transaction reckoned in India is based on an independent decision taken by them. Once a part of a global index, the doors for cross-trading in indices open and taking positions in the Indian bond market becomes a reality. Those who trade only in sovereign bonds of countries that are part of these indices get a fillip. Therefore, it stands to reason that there will be more activity.
Northern Coalfields to spend Rs 133 crore on corporate social responsibility activities in FY22
Northern Coalfields Ltd (NCL), a company under the coal ministry, will impart training in plastic engineering trade to 500 youth living in and around the operational areas of NCL, and ensure their job readiness in the competitive market.
RBI prescribes qualifications for MDs, WTDs of urban cooperative banks
It further said the MD/WTD should be a post graduate or have qualifications in finance discipline. He or she could be either chartered/cost accountant, MBA (finance) or have a diploma in banking or cooperative business management.
Cabinet nod to India-Bangladesh trade remedies MoU, pact to mutually recognise CA qualification between India, ANZ
The Cabinet also approved a Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and Chartered Accountants Australia and New Zealand, that would result in greater employment opportunities for Indian CAs and also greater remittances back to India.
Want to know how to thrive in your career? The answer lies in your superpower
What is your superpower? What do you bring to your job, role and interactions that consistently add value? When do people seek you out and why? Often your superpower is lying in plain sight and is not your technical qualification.
Physical fitness crucial for securing place in Indian Army, says Supreme Court
The bench noted that SHAPE-1 has a “specific meaning” - ‘S' donates the physiological features including cognitive function abnormalities, ‘H' stands for hearing, ‘A' for appendages, ‘P' for physical capacity and ‘E' for eye-sight.
Sebi amends qualification norms for portfolio managers, investment advisers, research analysts
The move will help recognise "the post graduate programme in securities market of not less than one year offered by NISM" as eligible qualification for portfolio managers, investment advisers and research analysts, according to Sebi.
Cost accountant qualification to be considered equivalent to PG degree
In a release, the Institute of Cost Accountants of India said Cost Management Accountant (CMA) qualification would be equivalent to post graduate degrees as recognised by the University Grants Commission.
CA, CS, ICWA qualifications equivalent to PG degree: UGC
Candidates who qualify for the Chartered Accountant (CA), Company Secretary (CS) or Cost and Works Accountant (ICWA) exams will now be treated equivalent to postgraduate degree holders, according to the University Grants Commission (UGC).
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