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Finance Blog

Finance Blog

http://www.feeleminds.com/blog/

Blog publishing updates and news for Accounting, Finance, Taxation, Chartered Accountants(CA), Company Secretary(CS) and Cost Accountants(CWA) Professionals.

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  • ICAI mulls KYC norms for accountants

    Posted on Saturday December 12th, 2009 at 04:24 in chartered accountancy

    All practising chartered accountants in the country may now have to keep a close tab on their clients, as the accounting rule-maker, the Institute of Chartered Accountants of India (ICAI), is considering a proposal to devise a set of know your custom...

  • Rel Gas Transportation under MCA scanner

    Posted on Saturday December 12th, 2009 at 04:13 in ministry of corporate affairs

    Mukesh Ambani-controlled Reliance Gas Transportation Infrastructure (RGTIL), has come under Ministry of Corporate Affair’s lens, as a result of a complaint filed by Samajwadi Party leader Amar Singh. Amar Singh alleges that RGTIL, which is curr...

  • India eyes law on corporate fraud after Satyam

    Posted on Friday December 11th, 2009 at 01:47 in companies act, company secretary

    India’s government on Thursday announced a draft law to avert more corporate scandals like the massive fraud which embroiled outsourcing giant Satyam. Satyam founder and chairman B. Ramalinga Raju stunned India’s financial world in Januar...

  • Make `compliance committee’ mandatory for all corporates: ICSI

    Posted on Friday December 11th, 2009 at 01:44 in company secretary

    A core group constituted by the council of the Institute of Company Secretaries of India (ICSI) has suggested that the setting up of a compliance committee on corporate governance should be made mandatory for all public limited companies having a pai...

  • IFRS switch: Govt confident, industry not so sure

    Posted on Friday December 11th, 2009 at 01:42 in chartered accountancy

    400 firms to shift to new system in first phase. The corporate affairs ministry and the Institute of Chartered Accountants of India (ICAI) are confident of meeting the April 2011 deadline to shift to International Financial Reporting Standards (IFRS)...

  • Analysis unit to tone up SFIO

    Posted on Friday December 11th, 2009 at 01:41 in ministry of corporate affairs

    The ministry of corporate affairs has set up a market research and analysis unit in the Serious Fraud Investigation Office (SFIO) to tone up regulatory system in the corporate sector and to analyse whether the investigation process is being followed ...

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