Latest news with #CharteredAccountants
Yahoo
2 days ago
- Business
- Yahoo
ICAI to host Global Capability Centres Summit
The Institute of Chartered Accountants of India (ICAI) is set to host a summit series under the theme "From Ledger to Global Leadership: Chartered Accountants Shaping Global Capability Centres". The inaugural event is scheduled for 27-28 June 2025 in New Delhi, with subsequent regional editions in Ahmedabad (GIFT City), Mumbai, and Hyderabad. The summit aims to showcase India's leadership in the Global Capability Centres (GCC) ecosystem and the significant role of Indian Chartered Accountants in the global services sector. The summit will gather industry experts, policymakers, academicians, and global stakeholders to explore emerging trends, create strategic partnerships, and drive innovation within the GCC domain. Government bodies, including the Ministry of External Affairs, Ministry of Electronics and Information Technology, IFSCA, SEPC, Invest India, NSDC, and IIM Sambalpur, have pledged support as Eco Partners for the series. India is home to more than 1,800 GCCs, employing upwards of 1.9 million professionals. ICAI president CA. Charanjot Singh Nanda said: "India is uniquely positioned to lead the next phase of the GCC evolution. Chartered Accountants are central to driving digital finance, regulatory integrity and global governance. Through this summit, industry experts and Chartered Accountants will come together to share insights, provide practical solutions and foster policy dialogue that can address these pain points and further strengthen India's position as a global GCC hub." ICAI vice president CA. Prasanna Kumar said: "While the GCC ecosystem in India continues to grow rapidly, it faces persistent challenges around regulatory clarity, taxation policies and evolving operational frameworks. The Summit will serve as a platform for collaboration, insights and leadership as we shape the future of the GCC ecosystem." The Delhi summit will feature panel discussions, keynote addresses, and networking opportunities, with a focus on strategic partnerships, digital transformation, and the evolving role of finance professionals in the GCC ecosystem. ICAI has established a dedicated group under its Directorate of International Trade, Services & WTO to promote India as a global hub for accounting and finance-focused GCCs. This initiative is stated to be a part of ICAI's commitment to the profession and national development, aiming to enhance the role of Chartered Accountants in finance leadership and global operations, and to prepare a skilled workforce for the GCC sector. ICAI invites industry professionals, GCC leaders, policymakers, and Chartered Accountants to engage in this dialogue that will shape the future of India's global financial leadership. Additionally, ICAI recently announced its plan to limit the number of tax audits that a partner can sign off in each year. "ICAI to host Global Capability Centres Summit" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
RNZ News
6 days ago
- Business
- RNZ News
Campaign launched to promote careers in accounting
It is forecast there will be more than 15,000 new job openings for accountants in the next five years. But the number of people enrolling in the degree has fallen off a cliff. Now, a campaign is underway to make accounting cool. Government affairs leader for Chartered Accountants Australia New Zealand Lydia Tsen spoke to Lisa Owen. To embed this content on your own webpage, cut and paste the following: See terms of use.
News.com.au
13-05-2025
- Business
- News.com.au
Facing prosecution: Aussies warned against taking ‘Finfluncer advice'
Taxpayers are being warned just because someone has a large following, it doesn't make them a tax expert, with TikTok 'Finfluencers' and AI being called out ahead of the end of financial year. With tax season approaching, the accounting industry body warns of the pitfalls of getting free advice from social media platforms, noting Aussies face big fines and prosecution if they falsify their tax return. Chartered Accountants Australia and New Zealand tax lead Jenny Wong, said it's concerning many Aussies will watch this content and assume they are getting free expert advice. 'In many cases the advice from these accounts is simply wrong. In other cases, the claims have an ounce of truth but would apply only to a very small group of workers,' she said. According to Ms Wong, getting bad tax advice could result in missing out on legitimate entitlements or worst still, big fines and even prosecution. CPA Australia took aim at some of the TikTok users' advice, including claiming a pet as a 'guard dog' while working from home. Another claimed they can deduct the cost of a luxury handbag by telling the ATO it is used as a work bag, while a third told Australians they can claim thousands in fuel rebates without a receipt. 'Exaggerating a claim can have consequences. Making false tax claims could result in hefty fines, a criminal record or even imprisonment. Arguing that you took advice from a finance influencer on TikTok won't cut it – your tax is your responsibility,' she said. Ms Wong also warned ChatGPT and other OpenAI tools which should also be treated with caution. 'Nothing can beat the sound advice of a professional tax agent,' she said. 'AI tools are only as good as the information you put into them. It may be tempting to ask AI bots for tips, but they are simply not able to compute the nuances of the Australian tax system or your specific circumstances.' Instead of relying on tax tips online Ms Wong offers:
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Business Standard
12-05-2025
- Business
- Business Standard
ICAI revised schedule for CA Inter and Final exams 2025. Full details here
The Institute of Chartered Accountants of India (ICAI) has shared a revised schedule for the CA Intermediate and Final exams 2024. The examination, which was initially scheduled to take place between 9 and 14 May 2025, has been postponed due to the India-Pakistan escalation. ICAI has revised the schedule, and now these exams will take place between May 16 and 24, 2025. 18 May INTT – AT, Paper – 2 13 May 18 May CA Intermediate (Group II) Paper – 4 9 May 20 May CA Intermediate (Group II) Paper – 5 11 May 22 May CA Intermediate (Group II) Paper – 6 14 May 24 May ICAI's revised schedule notification ICAI decided to reschedule the exam due to improved security conditions in the country. The ICAI issued an official notification, which read, 'In continuation to the Institute's Important Announcement No. 13-CA (EXAM)/2025 dated 13th January 2025 read with Important Announcement No. 13-CA (EXAM)/2025/II dated 8th May 2025 it is hereby announced for general information that in view of the favourable developments in the security situations in the country; it has now been decided that the Chartered Accountants Final, Intermediate and INTT-AT (PQC) examinations earlier scheduled from 9th May 2025 to 14th May 2025 will now be held from 16th May 2025 to 24th May 2025.' The institute has already shared the admit cards, and there will be no changes in the exam centres or timings. All the students are advised to appear at their assigned centres on the new dates mentioned. CA Foundation exam The CA Foundation exam will take place as per the original schedule, i.e., on 15, 17, 19 and 21 May 2025. Students are advised to check the ICAI website regularly for any further updates.
Hindustan Times
12-05-2025
- Business
- Hindustan Times
ICAI releases revised schedule for CA Inter, Final Exams 2025; check new dates here
The Institute of Chartered Accountants of India, ICAI, has issued a revised timetable for the CA Intermediate and Final exams scheduled to be conducted from May 9 to May 14, 2025 but were postponed amid tense and security situation in the country. As per the official notice, the examinations will be conducted from May 16, 2025 to May 24, 2025. Also read: HBSE Haryana board result 2025 news: Steps to check 10th, 12th results when out It further stated the rescheduled examinations, will be held at the same examination centres and at the same timings - 2 PM to 5 PM (IST) / 2 PM to 6 PM (IST). Additionally, admit cards already issued would remain valid for the rescheduled dates. Also read: Maharashtra SSC Result 2025 Date: MSBSHSE 10th results on May 13, know websites to check Also, as per the ICAI, the Chartered Accountants Foundation May 2025 examination will be held as per the schedule, that is on May 15, 17, 19 and 21, 2025. The ICAI further stated that there would be no change in the examination schedule in the event of any day of the examination scheduled being declared a Public Holiday by the Central Government or any State Government / Local Holiday. Also read: IIT JEE Advanced admit cards out at direct link to download As already mentioned above, the ICAI had postponed the exams following the launch of Operation Sindoor. The remaining papers of Chartered Accountants Final, Intermediate and Post Qualification Course Examinations [International Taxation – Assessment Test (INTT AT)] May 2025 was scheduled from May 9 to May 14, 2025. For more related details, students are advised to check the ICAI website.
