What is the act of CA?
In exercise of the powers conferred by sub section (1) of section 10B of the Chartered Accountants Act, 1949 (38 of 1949)….Language.
|Long Title:||An Act to make provision for the regulation of the profession of chartered accountants.|
|Ministry:||Ministry of Corporate Affairs|
Who made ca act?
The Chartered Accountants Act, 1949 is a statute enacted by the Constituent Assembly of India, which was acting as the provisional Parliament of India in 1949 to regulate the profession of Chartered Accountants in India.
When CA Act was passed?
Hence, the Charted Accountants Act was passed in the year 1949.
What is the main objective of CA?
To set up a high profile by joining your esteemed organization at the post of Chartered Accountant, and helping the firm with the basic annual report and accountancy, for the effective growth of the organization.
What are the duties and responsibilities of a CA?
The Most Important Roles of a Chartered Accountant:
- #1. Accountancy. Maintenance of the accounts and preparation of Financial Statements.
- #2. Auditing.
- #3. Taxation.
- #5. Cost Accountancy.
- #. 6 Special Company Work.
- #7. Investigation.
- #8. Executors and Trustees.
- #9. Directorship.
What is CA statement?
CA statement makes sense if you have stocks, mutual funds and property. You can create a summary yourselves. The problem is that the bank will only provide you the net value of FDs and Bank Balances. Actually you should provide the statement to your school. In that case the school will show the amount in their I-20.
What are the qualifications for CA?
Eligibility criteria for CA intermediate Registration
- Commerce graduation or post-graduation with a minimum cut off of 55%
- Non-commerce graduation or post-graduation with a minimum cut off of 60%
- Intermediate level from the Institute of Cost Accountants of India or The Institute of Company Secretaries of India.