Saturday, June 12, 2010
Importance of Charted Accountant
With the rapid growth in economy, careers in finance and accounts have gained tremendous popularity and the most prestigious career option in this filed is that of Chartered Accountant. Chartered Accountancy is a dynamic, challenging and rewarding profession. All the countries have their own Accountancy Association which regulates the quality and quantity of the professionals in this field. Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The Institute of Chartered Accountants of India (ICAI) was formed the same year . This Institute is both an examining and a licensing body. It is the responsibility of the institute to conduct the Chartered accountancy (CA) Course. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant.
A Chartered accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA is required in money matters even in a small business . Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. A chartered accountant is a person who is accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final examination of the Chartered accountancy course conducted by the institute.
CA programme is of two years apart from the training period. It has three sections, Competency Professional Test (CPT) that was earlier known as Professional Education exam PE1, Professional Competency Examination (PCE) and Final examination. The registration for CPT and PCE is open throughout the year. A student may register at any time during the year. However, as the examinations will be held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations. After passing the Professional Competency Examination (PCE) candidates are eligible for registration as articled clerks/audit clerks for practical training. Computer Training Programme, ie 100 hours Information Technology is compulsory for the candidates who wish to register themselves as auditor clerk. Students can undergo this programme while pursuing CPT or PCE.
Articled clerk is a trainee attached to a practicing chartered accountant under a Deed of Articles for the duration three years. During this period the articled clerk will also need to continue studies for the CA exam. An audit clerk is a person who has served as a salaried employee for a minimum period of one year under a practicing chartered accountant. During the training period, candidates would be required to work in different areas learning the basics of auditing and taxation . This training enables them to learn the technical details of the job as well as to get an idea of the working environment of the profession.
The scope for this lucrative career is bright in an economically developing nation like ours and as such the career can be termed as challenging and rewarding for competent professionals in the field.
A Chartered accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA is required in money matters even in a small business . Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. A chartered accountant is a person who is accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final examination of the Chartered accountancy course conducted by the institute.
CA programme is of two years apart from the training period. It has three sections, Competency Professional Test (CPT) that was earlier known as Professional Education exam PE1, Professional Competency Examination (PCE) and Final examination. The registration for CPT and PCE is open throughout the year. A student may register at any time during the year. However, as the examinations will be held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations. After passing the Professional Competency Examination (PCE) candidates are eligible for registration as articled clerks/audit clerks for practical training. Computer Training Programme, ie 100 hours Information Technology is compulsory for the candidates who wish to register themselves as auditor clerk. Students can undergo this programme while pursuing CPT or PCE.
Articled clerk is a trainee attached to a practicing chartered accountant under a Deed of Articles for the duration three years. During this period the articled clerk will also need to continue studies for the CA exam. An audit clerk is a person who has served as a salaried employee for a minimum period of one year under a practicing chartered accountant. During the training period, candidates would be required to work in different areas learning the basics of auditing and taxation . This training enables them to learn the technical details of the job as well as to get an idea of the working environment of the profession.
The scope for this lucrative career is bright in an economically developing nation like ours and as such the career can be termed as challenging and rewarding for competent professionals in the field.
Tuesday, April 20, 2010
Tuesday, December 15, 2009
Saturday, April 4, 2009
The Martyrdom Of Amrita Devi and Khejarli Massacre !!!
The Bisnois narrate the story of Amrita Devi, a Bishnoi woman who, along with more than 366 other Bishnois, died saving the Khejarli trees. Nearly 2 centuries back, Maharajah Abhay Singh of Jodhpur required some woods for the construction of his new palace. So the king sent his soldiers to cut trees in the nearby region of Khejarli, where the village is filled with the large number of trees. But when Amrita Devi and local villagers come to know about it, they opposed the kings men. The malevolent feudal party told her that if she wanted the trees to be spared, she would have to give them money as bribe. She refused to acknowledge this demand and told them that she would consider it as an act of insult to her religious faith and would rather give away her life to save the green trees. This is still remembered as the great Khejarli sacrifice. Some Bishnois who were killed protecting the trees were buried in Khejerli village near Jodhpur, where a simple grave with four pillars had been erected. Every year,in September, the Bishnois assemble there to commemorate the extreme sacrifice made by their people to preserve their faith and religion.
Why Bishnois bury their dead bodies
Why Bishnois bury their dead bodies instead of cremating them, like most of the Hindu communities? It is because the wood which is used for cremation is derived from cutting down green trees and it is against there consciousness.
"Sar santey rookh rahe to bhi sasto jaan"
In Khejarli Massacre, Amrita Devi - a Bishnoi women and other local villagers hugged the trees while the soldiers of Maharajah Abhay Singh of Jodhpur did not stopped to chop them down along with the trees. At this stage Amrita Devi spoke these words :
"Sar santey rookh rahe to bhi sasto jaan"
(If a tree is saved even at the cost of one's head, it's worth it).
(If a tree is saved even at the cost of one's head, it's worth it).
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