ICAI

Ease of doing biz: ICAI seek more changes to companies law

To make doing business easier, chartered accountants' grouping ICAI has sought more changes in norms governing companies, including those pertaining to related party transactions.

Apr 01, 2015, 17:53 PM IST

Real estate biz accounts for major chunk of black money: ICAI

When it comes to flow of black money, real estate business accounts for a major chunk of of such illicit funds, accounting regulator ICAI has told the government while seeking urgent steps to check this menace.

Dec 05, 2014, 21:50 PM IST

ICAI starts proceedings in Rs 870-crore Reebok scam

Chartered accountants' apex body ICAI has started proceedings against a former Reebok India official for his alleged involvement in the Rs 870 crore scam at the sportswear maker that came to light in 2012.

Nov 09, 2014, 12:44 PM IST

Accounting norms applicability may hit power firms' profits

At present, many power companies capitalise direct and indirect costs attributable to the fixed assets and borrowing costs, even in case of extended delay in capitalisation of projects, for reasons beyond the control of these companies.

Aug 31, 2014, 12:23 PM IST

Ready with updated Indian accounting standards: ICAI

The new norms are converged with International Financial Reporting Standards (IFRS), which is being followed in more than 100 countries.

Jul 13, 2014, 11:34 AM IST