ICSI (also ICAI) Charging Rs. 500 for certified copies is illegal
ICAI

ICSI (also ICAI) charging Rs. 500 for certified copies is illegal : Supreme Court

ICSI (also ICAI) Charging Rs. 500 for certified copies is illegal As per a recent judgment of the Supreme Court in ICSI v. Paras Jain [Civil Appeal No. 5665/2014, dated 11-4-2019], the High Court held that educational Bodies cannot charge more than RTI fee for providing certified copies to students. The RTI Fee as per RTI Rules, 2012 read with RTI Act, 2005 is Rs. 10 fixed per application + Rs. 2 per page. Hence, charging of Rs. 500 or Rs. 1000 per copy is illegal. Example: Suppose, a student has written 20 pages. Hence, he can be asked to pay only Rs. 50 (Rs. 10 for application + Rs. 2 per page × 20 pages = Rs. 50). Download Copy of Judgment    IN THE SUPREME COURT OF INDIA   CIVIL APPEAL NO. 5665/2014        INSTITUTE OF COMPANIES SECRETARIES OF INDIA (ICSI) v. PARAS JAI ORDER 1. This appeal is directed against the order dated 22.04.2014 of the Delhi High Court wherein, while allowing the Letters Patent Appeal, filed by the respondent herein, it set aside Guideline No.3 notified by the statutory council of appellant–Institute of Companies Secretaries of India (ICSI) and directed it to charge fee prescribed as per Rule 4 of the Right to Information (Regulation of Fee and Cost) Rules, 2005. 2. The factual matrix of the case is that the respondent appeared in the final examination for Company Secretary (ICSI) conducted by the Appellant in December 2012. On being unsuccessful in qualifying the examination, the respondent made an application under the Right to Information Act for inspection of his answer sheets and subsequently, sought certified copies of the same from the appellant. The appellant thereafter has demanded Rs.500/per answer sheet payable for the supply of certified copies of answer book(s) and Rs.450/per answer book for providing inspection thereof respectively as per Guideline No.3 notified by the statutory council of the appellant. It is to be noted that the respondent obtained the said information under the Right to Information Act, 2005. 3. Being aggrieved by the demand made by the appellant, the respondent preferred a Writ Petition before the Delhi High Court wherein the Learned Single Judge dismissed the petition. A Letters Patent Appeal was thereafter preferred by the respondent wherein, the Division Bench quashed Guideline No.3 notified by the appellant and held that the appellant can charge only the prescribed fee under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005. 4. The short issue before us is when the answer scripts of appellant’s examination is sought whether the fee prescribed under Rule 4 of the Right to Information (Regulation of Fee and Cost) Rules, 2005 payable or that under Guideline No. 3 of the Guideline, Rules and Procedures for Providing Inspection and/or Supply of Certified Copies of Answer Book(s) to Students, framed by the Examination Committee of appellant’s statutory Council at its 148th Meeting held on 14.08.2013. 5. The learned counsel appearing on behalf of the appellant argued that it is undisputed that the Right to Information Act, 2005 is applicable to the appellant. However, in light of specific guidelines formulated under the (ICSI) Company Secretaries Act, 1980, the same should be applicable and not that which is provided under the Right to Information Act. He further contends that owing to quashing of Guideline No. 3 by the Division Bench of Delhi High Court, the appellant cannot collect any amount of fee except the one prescribed under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005 which adds to financial strain on the appellant. 6. On the other hand, the learned counsel appearing on behalf of the respondent submitted that any candidate who seeks his answer scripts under Right to Information Act, 2005 can only be charged under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005. Further, the learned counsel submits that the candidates must have a choice to seek the answer scripts either by the avenue under Right to Information Act or under the Guidelines of the appellant framed by the examination committee of statutory Council under the (ICSI) Company Secretaries Act, 1980. 7. Having heard the learned counsels appearing for the parties and we have also meticulously perused the record. 8. The appellant is governed by the provisions of the Company Secretaries Act, 1980 (ICSI) and under Sections 15, 15A and 17, the Examination Committee of the statutory Council has framed Guideline No. 3 providing an avenue to the candidates to either inspect their answer scripts or seek certified copies of the same on payment of the stipulated fees. Guideline no.3 stipulates the payment of Rs. 500 for obtaining certified copies and Rs. 450 for seeking inspection of the same. “3. Fee of ₹500 per subject/answer books payable for the supply of certified copies of answer book (s) and ₹450 per answer book for providing inspection thereof respectively. The fee shall be paid through Demand Draft drawn in favor of “The Institute of Company Secretaries of India”, payable at New Delhi.” 9. On the contrary, Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005 stipulates, “4. For providing the information under subsection (1) of section 7, the fee shall be charged by way of cash against proper receipt or by demand draft or bankers cheque or Indian Postal Order payable to the Accounts Officer of the public authority at the following rates:— (a ) rupees two for each page (in A4 or A3 size paper) created or copied; (b) actual charge or cost price of a copy in larger size paper; (c) actual cost or price for samples or models; and (d) for inspection of records, no fee for the first hour; and a fee of rupees five for each subsequent hour (or fraction thereof).” (emphasis supplied) 10. Thus it is clear that the avenue for seeking certified copies as well as inspection is provided both in the Right to Information Act

CA, ICAI

ICAI – New Lease Accounting Standard Now in Effect

ICAI – New Lease Accounting Standard Now in Effect NEW DELHI: The new accounting standard for leases will bring substantial visibility of companies’ lease commitments and improve the quality of financial information about companies, chartered accountants’ body ICAI said Monday. Ind AS 116, which sets out the principles for recognition, presentation and disclosure of leases has been notified by the corporate affairs ministry. The standard is effective from Monday. senior government official said the standard would affect all industries where leases are a predominant component in their businesses and result in more transparency. ICAI President Prafulla P Chhajed said the new standard on leases ushers in a path-breaking reform in accounting for leases and would improve the quality of financial information. Leasing is a well-known and long established form of obtaining financeNSE 1.76 %. The new standard on leases ushers in a substantial change in the accounting for operating leases by lessees and few improvements in the disclosure-related aspects for lessors accounting, according to the Institute of Chartered Accountants of India (ICAI). It said the key changes in lessees accounting relate to introduction of single lease accounting model by elimination of classification between operating and finance leases, and recognition of gain/loss for sale and lease-back transactions. In the new lease accounting model for lessees majority of leases will be recognised on balance sheet by recognising a lease liability with a corresponding ‘right-of use’ asset,” the release said. The standard would have an impact on three components of financial statements — balance sheet, cash flow statement, profit and loss account. The, extent of impact would vary for each industry depending on the financing and leasing structures prevalent in that industry,” the release said. The institute also noted that the exemptions given for short term leases and low-value asset leases are expected to provide substantial relief from operational complexities to many companies. Ind AS 116 is expected to have a significant impact on various industries, including aviation where airlines mostly operate planes on lease. Leasing of aircraft rather than outright purchase is a common practice in the airlines industry worldwide. Source- Economic times

CA Coaching Classes for CPT,IPCC,CA Final
ICAI

ICAI CA CPT, IPCC & CA Final | CA Online Classes

ICAI CA CPT, IPCC & CA Final | CA Online Classes ICAI CA Online Classes Benefits 1. Versatile Timings – Definitely, CA Online classes is a good option. Students can enjoy ICAI CA Classes (CPT/IPCC/CA Final) at home whatever time is best suitable for them. Many of the ca students doing an articleship/job along with the studies prefer to take the ICAI ca classes at night. For such kind of ca students, ICAI CA Online classes are the best option. 2. Comfort level – You comfort with study at home. You can pause the videos, you can replay the video, you can rewind the videos, you can adjust the speed of the video. No need to follow the rules and regulation of satellite classes. 3. Time-Saving – One of the best points of ICAI CA Online classes is that it saves time. Most of the ICAI ca students residing in other cities or far away from the ca coaching centers (CPT/IPCC/CA Final) can get benefit from these ca online classes. 4. Replay the Concept of video – Many of the times we miss the important concepts. You could not ask such a thing in satellite classes. Hence, CA online classes are better where you can replay the video and understand the vital concept until you are not satisfied (CPT/IPCC/CA Final). 5. Missing classes Problem – It’s difficult to understand the whole chapter when you missing a single class. CA Online Classes resolves this issue by providing video lectures according to your convenience (IPCC). Why Choose Parag Gupta Classes (CA Final)? Parag Gupta Classes is the best ICAI CA Coaching Classes (IPCC) all over India because it provides classes in Virtual Centres or in their app StudyByTech. It covers every concept of your ICAI ca course. Parag Gupta Classes have covered past attempt questions, questions from study material, questions from Practice Manual ,etc. Which means that you don’t need to go through the ICAI for ca study material on your own. Parag Gupta Classes smart compilers will also be provided to every ca student along with ICAI CA Online classes. The students will get connected on all social media platforms of the faculties where they can ask their doubts. All the lectures are available in Hindi and English Language (CPT/IPCC/CA Final) . Procedure for Joining the Best ICAI CA Online Classes Contact Parag Gupta Classes and complete the registration procedure for ICAI CA Online classes. For the first time, Parag Gupta Classes launched ICAI CA Foundation / CPT Online Classes (CPT/IPCC/CA Final) For ordering and further information on ICAI CA Foundation/CPT Online classes (CPT/IPCC/CA Final), you can contact us. Subjects of ICAI CA Foundation/CPT Paper 1: Principles and Practices of Accounting Paper 2: Mercantile Law and General English Paper 3: Business Mathematics and Logical Reasoning Paper 4: Business Economics and Business Commercial Knowledge Subjects of ICAI CA Intermediate/Inter/IPCC Paper 1: Accounting Paper 2: Corporate Laws and Other Laws Paper 3: Cost and Management Accounting Paper 4: Taxation Paper 5: Advanced Accounting Paper 6: Auditing and Assurance Paper 7: Enterprise Information Systems & Strategic Management Paper 8: Financial Management & Economics for Finance Subjects of ICAI CA Final Paper-1: Financial Reporting Paper-2: Strategic Financial Management Paper-3: Advanced Auditing and Professional Ethics Paper-4: Corporate and Economic Laws Paper-5: Strategic Cost Management and Performance Evaluation Paper-6A: Risk Management Paper-6B: Financial Services and Capital Markets Paper-6C: International Taxation Paper-6D: Economic Laws Paper-6E: Global Financial Reporting Standards Paper-6F: Multidisciplinary Case Study Paper-7: Direct Tax Laws and International Taxation Paper-8: Indirect Tax Laws Also Visit here– How to become a CA in India after 12th?

ICAI
ICAI

ICAI—CAPA JOINT “ROUNDTABLE STAKEHOLDER’S MEETING ON PUBLIC SECTOR FINANCIAL MANAGEMENT

ICAI—CAPA JOINT “ROUNDTABLE STAKEHOLDER’S MEETING ON PUBLIC SECTOR FINANCIAL MANAGEMENT Source Image – ICAI The Institute of Chartered Accountants of India in collaboration with the Confederation of Asian and Pacific Accountants organized a joint “Roundtable Stakeholder’s meeting on Public Sector Financial Management” in New Delhi on March 11, 2019. The event was inaugurated by Chief Guest Shri Shashi Kant Sharma, Former Comptroller and Auditor General of India  and attended by the delegates from more than 8 countries. The Roundtable gave the attendees an overview of Public Sector in India and the role that the accountancy profession plays in improving its financial management. CA. Prafulla P. Chhajed. President, ICAI said “This event has brought  together professionals from all arenas including the World bank, ADB, CGA, GASAB. CAPA, Ministry of  Finance, Ministry of Railways. Ministry of Communications and many others. I am certain, this sharing of views and discussions of the leamed participants will aid in empowering financial management in the public sector. Speaking on the occasion Chief Guest Shri Shashi Kant Sharma, Former Comptroller and Auditor General of India said. “Accountancy professionals have a great responsibility on their shoulders to make sure that public money is utilized in the right manner.” He further added “Earlier, India was not even among the 10 major economies but by the turn of the millennium it came amongst the top 10 economies. Today, it is 6th largest economy and most projections show that it will be the 3rd largest economy in the next decade. ICAI Vice-President CA. Atul Kumar Gupta said, “Accountancy Professionals are fully geared to take up the challenges ahead as they have in the past.” He also mentioned “ICAI through its Research wing, Accounting Research Foundation is playing a pivotal role as a Partner in Nation. Read- Click Here

How to Become a CA in India After 12th
ICAI

How to Become a CA in India After 12th?

One of the TOP choices for Commerce students after passing 12th Exams is to become a CHARTERED ACCOUNTANT. If you want to start the journey of CA, you need to pass the CA Foundation Exam, which is also called . If you want to learn more about the CA Foundations exam, then you are in the right place. How to Become a CA in India After 12th CA Foundation/ Course CA Foundation Course is the entry level for Chartered Accountant Course. Students who have appeared in a 12th-grade examination conducted by an examining body constituted by law in India or a CA examination recognized by the Central Government as equivalent thereto can register for the CA Foundation Course. Students can appear in the examination after qualifying the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto. Students after registration to the CA course are required to complete a minimum of 4 months study period from the date of registration in order to be eligible to appear in the CA Foundation Examination, i.e., students registered on or before 30th June/ 31 st December will be eligible to appear in November/ May examination, as the case may be. CA Foundation Examinations are held twice a year in the months of May and November. The Examination Department issues notifications and announcements regarding the conduct of the CA Foundation Examination on the Institute’s website, www.icai.org/Newspapers. The said notification contains the proposed examination centers, both in India and abroad. After getting registered for the foundation course, students are also required to fill out a separate application form for appearing in the CA foundation examination. Read – Click Here CA Intermediate/ IPCC Course CA Intermediate/ IPCC Course – This is the first stage of the Chartered Accountancy curriculum wherein only working knowledge of core and allied subjects to accountancy profession is covered, while at the CA Final course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training compulsorily during the course of Chartered Accountancy. This balanced approach will help the ca students to appreciate the underlying practical applications of the theoretical education scheme. To Know more about CA Foundation registration Click Here In order to develop a strong theoretical base, students of the CA Intermediate/IPCC Course, who have registered through the CA Foundation Course route or passed the Intermediate Level Examination at the Institute of Cost Accountants of India or the Institute of Company Secretaries of India, are required to undergo an eight-month study course before appearing for the first time in the CA Intermediate/IPCC Examination. Since a proper understanding of the modern world necessitates knowledge of present-day technology and skills, students are imparted a four-week Integrated Course on Information Technology and Soft Skills (ICITSS) before joining for the practical training. It is to be noted that such students can join practical training only after passing either or both groups of the CA Intermediate/IPCC Course. Read – Click Here Accounting Technician Course(ATC) Accounting Technician Course (ATC)- Click Here CA Final Course CA Final Course– This is the last stage of the Chartered Accountancy curriculum. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training compulsorily during the course of Chartered Accountancy. This balanced approach helps the students to appreciate the underlying practical applications of the theoretical education scheme. Students after qualifying both the groups of CA Intermediate/ IPCC Examination are eligible to register for CA Final Course and would be allowed to appear in CA Final Examination during the last six months of practical training after successful completion of Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS).

CA Final Courses
ICAI

CA Final Course

CA Final Course is the last level to become CA. In this level, usually, students are very scared as this level comes with lots of pressure from family and comparison with the other companions. Although a proper routine of studies and proper diet can help you to get success in the same. Have a look over our other blog Exam Preparation Tips for ICAI and CA Final Students, which will help you to achieve your goal. Below, we have provided you with a glimpse of CA Final syllabus, it’s subjected (with marks) and the process of its registration. This is the last stage of the Chartered Accountancy curriculum. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training compulsorily during the course of Chartered Accountancy. This balanced approach helps the students to appreciate the underlying practical applications of the theoretical education scheme Students after qualifying both the groups of Intermediate Examination are eligible to register for CA Final Course and would be allowed to appear in CA Final Examination during last six months of practical training after successful completion of Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS). Final Course registration is valid for 5 years and can be revalidated any number of times for further 5 years period by paying revalidation fee of Rs. 500/- or as decided by the Council from time to time Subjects covered in CA Final Course Group I Paper-1: Financial Reporting (100 Marks) Paper-2: Strategic Financial Management (100 Marks) Paper-3: Advanced Auditing and Professional Ethics (100 Marks) Paper-4: Corporate and Economic Laws (100 Marks) Part I: Corporate Laws (70 Marks) Part II: Economic Laws (30 Marks) Group II Paper-5: Strategic Cost Management and Performance Evaluation (100 Marks) Paper-6: Elective Paper (100 Marks) (One to be chosen from the list of Elective Papers) Elective Papers 6A  Risk Management 6B  Financial Services & Capital Markets 6C  International Taxation 6D  Economic Laws 6E  Global Financial Reporting Standards 6F  Multi-disciplinary Case Study Paper-7: Direct Tax Laws & International Taxation (100 Marks) Part I: Direct Tax Laws (70 Marks) Part II: International Taxation (30 Marks) Paper-8: Indirect Tax Laws (100 Marks) Part I: Goods and Service Tax (75 Marks) Part II: Customs & FTP (25 Marks) The subjects of the CA final course are classified into two groups which a student can study and appear in the examination group-wise or both the groups together. Download ICAI CA Final Course PDF – Click Here CA Final Courses Registration A candidate has to register for CA Final Course by filling Online Registration Form available on ICAI website (www.icai.org) in “Course Registration Forms” under “Students tab”. CA Final Students While filling the online form, candidates should take care of the following: After filling the Online Form pay the required fees online using the payment gateway. On successful payment, the system will automatically generate the Form, which is to be printed Following documents are to be submitted to concerned Regional Office within 7 days of the date of online registration along with the print out of the online registration form, duly signed by the candidate. Attested copy of proof of Nationality if the student is a foreigner. Attested copy of proof of special category certificate,i.e, SC/ST, OBC, Differently abled. The form and documents are to be submitted in consonance with the address at the following Regional Offices: Download ICAI CA Final Course Registration PDF – Click Here CA Final Courses Syllabus. Download ICAI CA Final Courses Syllabus – Download Here

Intermediate Course
ICAI

CA Intermediate Course

Intermediate Course CA Intermediate Course – Students after completion of FOUNDATION course enters into the second level of CA- CA Intermediate Course also called as IPCC. Let us have an overview of this level so that we can understand it before starting the course. CA Intermediate Course – This is the first stage of the Chartered Accountancy curriculum wherein only working knowledge of core and allied subjects to accountancy profession is covered, while at the Final course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training compulsorily during the course ofChartered Accountancy. This balanced approach will help the students to appreciate the underlying practical applications of the theoretical education scheme. In order to develop a strong theoretical base, students of Intermediate Course, who have registered through Foundation Course route or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India, are required to undergo eight months study course before appearing for the first time in the Intermediate Examination. Since a proper understanding of the modern world necessitates knowledge of present-day technology and skills, students are imparted Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) before joining for the practical training. It is to be noted that such students can join practical training only after passing either or both Groups of Intermediate Course. Intermediate Course registration is valid for 4 years and can be revalidated any number of times for further 4 years period by paying revalidation fee of Rs.400/- or as decided by the Council from time to time. Subjects covered in CA Intermediate Course Group I Paper-1: Accounting (100 Marks) Paper-2: Corporate Laws & Other Laws (100 Marks) Part I: Company Law (60 Marks) Part II: Other Laws (40 Marks) Paper-3: Cost and Management Accounting (100 Marks) Paper-4: Taxation (100 Marks) Section A: Income-Tax Law (60 Marks) Section B: Indirect Taxes (40 Marks) Group II Paper-5: Advanced Accounting (100 Marks) Paper-6: Auditing and Assurance (100 Marks) Paper-7: Enterprise Information Systems & Strategic Management (100 Marks) Section A: Enterprise Information Systems (50 Marks) Section B: Strategic Management (50 Marks) Paper-8: Financial Management & Economics for Finance (100 Marks) Section A: Financial Management (60 Marks) Section B: Economics for Finance (40 Marks) Download CA Intermediate Course PDF – Click Here CA Intermediate Courses Eligibility A student who has passed the Foundation Examination is eligible for registration to Intermediate Course. A student who is Graduate/ Post Graduate in Commerce having secured in aggregate a minimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognized University (including openUniversity) by studying any three papers carrying a minimum of 50 marks in a semester/year and cumulatively 100 or more marks over the entire duration of the concerned course out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures or other than those falling under Commerce stream having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University)and candidates who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India are exempted from qualifying Foundation Examination and can join the Intermediate Course. Download CA Intermediate Courses Eligibility – Click Here CA Intermediate Courses Registration A candidate has to register for Intermediate Course by filling Online Registration Form available on ICAI website (www.icai.org) in “Course Registration Forms” under “Students tab”. Intermediate Students While filling the online form, candidates should take care of the following: After filling the Online Form pay the required fees online using the payment gateway. On successful payment, the system will automatically generate the Form, which is to be printed Following documents are to be submitted to concerned RIntermediateegional Office within 7 days of the date of online registration along with the print out of the online registration form, duly signed by the candidate. Foundation Route students have to submit attested copy of mark sheet of Class 12th or its equivalent CentralGovernment recognized examination pass marks statement. Direct Entry Route students have to submit attested copy of Graduation/ Post Graduation mark statement/mark sheet of Intermediate level examination of the Institute of Company Secretaries of India or theInstitute of Cost Accountants of India. One recent color photograph (affixed on the printout of the online successful registration form) Attested copy of proof of Nationality if the student is a foreigner. Attested copy of proof of special category certificate,i.e, SC/ST, OBC, Differently abled. The form and documents are to be submitted in consonance with the address at the following Regional Offices: Download CA Intermediate Course Registration PDF – Click Here CA Intermediate Courses Syllabus Download CA Intermediate Courses Syllabus – Download Here

CA Online Classes
CA

CA Online Classes

CA Online Classes is the best & new way of learning. A few years back, the student considered offline classes more preferable than online classes, but nowadays online classes are better than offline classes, as we don’t require extra storage space to save the videos and we can study them anywhere and at any time. Parag Gupta Classes provide “CA online classes” for CA FINAL Costing through- Mobile/Tablet Application (for New Course & Old Course) Why We Should Adopt-‘CA Online Classes’ Classroom Classes Outdated  Since the Internet arrived, we are increasingly becoming more and more digital and digital mediums like mobile, tablets, laptops, PCs etc has also increased too. And this is the only reason that the books are replaced by Wikipedia and eBooks today. This is the era where even Newspapers are also replaced by Mobiles. In Classroom studies, there are certain disadvantages like- There are always some students who distract the class; It is not cost effective; and It does not give you the option to study at your convenient time. Rural areas did not get the chance to get the best facility/education. Why Choose Us ‘As Online Classes’ Mostly Teachers are worried about, how to educate the maximum number of student because they do not have enough time & technology or 1 single teacher cannot teach students all over India altogether. So now there are many technologies through which a teacher can teach students all over India even globally at the same time. Parag sir provides CA Final Costing Classes through Android Mobile Application. You Confurte Online Classes gives you the opportunity to learn at your convenient time and place. You can study anywhere & anytime. Suppose you are working in a firm & you don’t have much time to attend CA Coaching Classes, so you can enroll in our online batch at StudyByTech and study, and you can watch lectures anytime & anywhere at your office or at home whenever you like to study or you feel that you have time to study. The best thing is that you just require internet and Android Phone. Our IOS App will be launch in Nov 2018. Why Parag Gupta is Best for CA Online Classes Parag Gupta Classes is one of the pioneers in CA Online Classes in India. 1000+ Student Choose Parag Sir for costing, Reason is that sir’s teaching style & notes are very extraordinary exclusive and that is the reason student choose Parag Sir. Parag Sir uses cartoon, animated videos and keeps motivating students in the class. Sir’s PPTs are always considered as the best notes. Due to the online classes, now Sir is available even in the rural areas where earlier no such facilities were there. For any query related to Batches for subject CA Final Costing classes provided by Parag Gupta Sir, feel free to contact us at the following address/phone no./email id. Kindly call us or visit us at the office timings i.e 9:00 a.m to 7:00 p.m (except Sunday and public holiday), we will be happy to help you. Contact Us Click Here To Register for your FREE Demo Classes Also, Read [table id=6 /]

ca-classes-in-Gujarat
CA

CA Classes in Gujarat

Given that the CA Foundation course is the prerequisite exam for the CA course, it is clear that there is a growing demand for CA and CA Foundation course coaching classes and institutes throughout India. You must enroll in the top coaching classes and institutes for the CA Foundation course if you want to pass this exam. Don’t worry, ‘StudyByTech’ offers CA Foundation Course classes with a qualified team. Here, we take care that our students shall get a good environment to study & shall flourish well in future. For this, we try to also develop students’ overall personality through these courses so that they won’t struggle in life. FROM WHERE TO STUDY? It’s very difficult for a student to pass the CA Foundation course without any coaching institute and an experienced counselor, but the ICAI will send you study materials after you sign up for the course so you can get ready for exams on your own as well. ‘StudyByTech’ is considered India’s best coaching institute for CA Classes. Our instructors can provide you with both theoretical and practical knowledge because they are highly qualified and experienced in both the corporate and teaching worlds. About the CA Foundation course WHAT IS CA FOUNDATION COURSE EXAM? : WHO CAN PURSUE THE CA FOUNDATION COURSE? Whether or not students are from the commerce stream, candidates can enroll in the CA Foundation course after completing their 12th-grade education. HOW TO APPEAR FOR THE CA FOUNDATION EXAM? The exam for the CA foundation course is offered twice a year, in May and November. Candidates must register themselves with the ICAI (Institute of Chartered Accountants of India) four months prior to the exams, i.e., if you want to appear in the May exam, you must do so by the end of December; or if you want to appear in the November exam, you must do so by the end of June. After taking the 12th-grade exams, a candidate can sign up for the CA foundation exam, but they are only qualified to take the test once they have passed the 12th grade. Therefore, you may register provisionally before receiving your 12th-grade results. Subjects and marking scheme in CA Foundation Course Exams? PAPER NO. Subject Marks Exam Type Min. Marks 1 PRINCIPALS AND PRACTICES OF ACCOUNTING 100 WRITTEN 40 2 A.   BUSINESS LAW 60 WRITTEN 40 B.   BUSINESS CORRESPONDENCE AND REPORTING 40 WRITTEN 3 A. BUSINESS MATHEMATICS AND LOGICAL REASONING 60 OBJECTIVE 40 B.   STATISTICS 40 STATISTICS 4 A. BUSINESS ECONOMICS 60 OBJECTIVE 40 B.   BUSINESS AND COMMERCIAL KNOWLEDGE 40 STATISTICS In order to pass the CA Foundation course, a candidate must receive at least 40% on each exam, with a minimum 50% overall score. FAQ Q. 1- What courses are available in ‘StudyByTech’? A-1 ‘StudyByTech’ currently has a vast number of CA, CS, and CUET, CLAT exam preparatory courses for students to choose from, along with a learning platform of their own choice. Students can learn from the CA training institute located in Laxmi Nagar or choose from Pen Drive/Google Drive CA lectures, online video lectures, or Mobile apps. Students get a quality education here with the best facilities for CA in Agra. Team ‘StudyByTech‘ includes one of India’s best CA faculty panels that has successfully trained 350 All India Rankers with five times Air 1. COURSES AVAILABLE AT STUDYBYTECH CA Classes CUET IPM BBA/BMS/BBM Hotel Management Mass Communication LAW Q.2- Which are the best CA classes? A.2- ‘StudyByTech’ started in December 2010, and have built their coaching empire up to the sky levels in the CA world. Being the best CA coaching class, ‘StudyByTech’ has been serving CA students for the last 2 decades now.  Q.3- Can we do CA after the 12th? A.3- Yes, after Class 12th, you can give CA Foundation exam after the registration through ICAI official website. Q.4- Can I learn CA on my own? A.4- The majority of students are confused about whether they can pass the CA without coaching or not. In actuality, according to our experience, you can pass the CA exam if you commit to CA and dedicate your study time religiously.  Otherwise, taking coaching classes in offline or online mode can maintain your study schedule and regular tests & doubt sessions can help you on a proper path to get success in exams. Also Read About Other Courses [wpforms id=”240″] RECENTLY PLACED TRAINEES   Contact Us [wpforms id=”3323″]

ICAI Syllabus New Course
ICAI

ICAI Syllabus New Course

ICAI Syllabus New Course ICAI has provided the New course syllabus for CA Exams. We are providing the full syllabus for the new course for CA Final subjects. This will help students to study their course in a proper way. We have also written an article providing tips to score good marks in exams. You can view this article in this link- Click Here Learn:  ICAI Exam- CPT/IPCC/FINAL ICAI CA Final Course ICAI Syllabus New Course There are 8 papers in CA Final Exams, which are further divided into 2 groups. Group 1 contains 4 papers- Paper 1- Financial Reporting Paper 2- Strategic Financial Reporting Paper 3- Advanced Auditing & Professional Ethics Paper 4-Corporate & Economic laws Group 2 consists of 4 paper- Paper 5- Strategic Cost Management & Performance Evaluation Paper 6A- Risk Management Paper 6B- Financial Services & Capital Markets Paper 6C-International Taxation Paper 6D- Economic Laws Paper 7- Direct tax laws Paper 8- Indirect Tax laws PAPER – 1: FINANCIAL REPORTING (One paper – Three hours – 100 Marks)  Contents: Application of Existing Accounting Standards 15, 21, 23, 25, 27 and 28. (The students will also be required to apply other Accounting Standards if applicable in any of the questions). Application of Guidance Notes issued by ICAI on specified accounting aspects. Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS). Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements Consolidated and Separate Financial Statements (as per Ind AS) Application of Industry specific and Transaction Specific Indian Accounting Standards (other than Business Combination, Financial Instruments and Share Based Payment) Business Combinations and Accounting for Corporate Restructuring (including demerger)(as per Ind AS) Accounting and Reporting of Financial Instruments (as per Ind AS) Accounting for Share Based Payment (as per Ind AS) Analysis of Financial Statements Common defects in financial statements of corporate entities Accounting for Carbon Credits Accounting for E-commerce Emerging trends in Reporting (i) Integrated Reporting (ii) Corporate Social Responsibility Reporting (iii) Human Resource Reporting (iv) Value Added Statement Notes: If either a new Indian Accounting Standard (Ind AS) or Accounting Standard (AS) or Announcements and Limited Revisions to Ind AS / AS are issued or the earlier one are withdrawn or new Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS are issued in place of existing Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS, the syllabus will accordingly include / exclude such new developments in the place of the existing ones with effect from the date to be notified by the Institute. The specific inclusions/exclusions in any topic covered in the syllabus will be effected every year by way of Study Guidelines. The list of Guidance Notes in Accounting and significant Expert Advisory Opinions, wherever applicable, will also form part of the Study Guidelines.  PAPER – 2 : STRATEGIC FINANCIAL MANAGEMENT (One paper – Three hours – 100 marks) Contents: Financial Policy and Corporate Strategy (i) Strategic decision making framework (ii) Interface of Financial Policy and strategic management (iii) Balancing financial goals vis-à-vis sustainable growth. Indian Financial System (i) Introduction to Financial Market (ii) Role of Financial Market in Economic Development Risk Management (i) Identification of types of Risk faced by an organisation (ii) Evaluation of Financial Risks (iii) Value at Risk (VAR) (iv) Evaluation of appropriate method for the identification and management of financial risk. Security Analysis (i) Fundamental Analysis (ii) Technical Analysis a) Meaning b) Assumptions c) Theories and Principles d) Charting Techniques e) Efficient Market Hypothesis (EMH) Analysis Security Valuation (i) Theory of Valuation (ii) Return Concepts (iii) Equity Risk Premium (iv) Required Return on Equity (v) Discount Rate Selection in Relation to Cash Flows (vi) Approaches to Valuation of Equity Shares (vii) Valuation of Preference Shares (viii) Valuation of Debentures/ Bonds Portfolio Management (i) Portfolio Analysis (ii) Portfolio Selection (iii) Capital Market Theory (iv) Portfolio Revision (v) Portfolio Evaluation (vi) Asset Allocation (vii) Fixed Income Portfolio (viii) Risk Analysis of Investment in Distressed Securities (ix) Alternative Investment Strategies in context of Portfolio Management Securitization (i) Introduction (ii) Concept and Definition (iii) Benefits of Securitization (iv) Participants in Securitization (v) Mechanism of Securitization (vi) Problems in Securitization (vii) Securitization Instruments (viii) Pricing of Securitization Instruments (ix) Securitization in India Mutual Fund (i) Meaning (ii) Evolution (iii) Types (iv) Advantages and Disadvantages of Mutual Funds Derivatives Analysis and Valuation (i) Forward/ Future Contract (ii) Options (iii) Swaps (iv) Commodity Derivatives Foreign Exchange Exposure and Risk Management (i) Exchange rate determination (ii) Foreign currency market (iii) Management of transaction, translation and economic exposures (iv) Hedging currency risk (v) Foreign exchange derivatives – Forward, futures, options and swaps International Financial Management (i) International Capital Budgeting (ii) International Working Capital Management a) Multinational Cash Management Objectives of Effective Cash Management Optimization of Cash Flows/ Needs Investment of Surplus Cash b) Multinational Receivable Management c) Multinational Inventory Management Interest Rate Risk Management (i) Interest Rate Risk (ii) Hedging Interest Rate Risk a) Traditional Methods b) Modern Methods including Interest Rate Derivatives Corporate Valuation (i) Conceptual Framework of Valuation (ii) Approaches/ Methods of Valuation a) Assets Based Valuation Model b) Earning Based Models c) Cash Flow Based Models d) Measuring Cost of Equity Capital Asset Pricing Model (CAPM) Arbitrage Pricing Theory Estimating Beta of an unlisted company e) Relative Valuation Steps involved in Relative Valuation Equity Valuation Multiples Enterprise Valuation Multiple f) Other Approaches to Value Measurement Economic Value Added (EVA) Market Value Added (MVA) Shareholder Value Analysis (SVA) g) Arriving at Fair Value Mergers, Acquisitions and Corporate Restructuring (i) Conceptual Framework (ii) Rationale (iii) Forms (iv) Mergers and Acquisitions a) Financial Framework b) Takeover Defensive Tactics c) Reverse Merger (v) Divestitures a) Partial Sell off b) Demerger c) Equity Carve outs (vi) Ownership Restructuring a) Going Private b) Management/ Leveraged Buyouts (vii) Cross Border Mergers International Financial Centre (IFC) (i) Constituents of IFC (ii) Islamic Finance a) Major difference between Islamic Finance and other forms of

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