CA Aspirants

Happy Independence Day To All :)

Happy CA Day to all :)

Blood donation camp

ICAI Bhawan, Dr. Mukti Saran Lane, Near Lalpur Police Station, Lalpur, Ranchi.
Date: Friday, 1st July, 2016
Time: from 9:30 am to 3:00 pm

Currently classes are going on for Financial Reporting, CA final, handled by Mr. Kapileshwar Bhalla and more classes are yet to come. please check the following link for further details: http://kaaryin.com/­view-course/226/­ca-final-financial-re­porting

Happy Diwali to all (y)

Best of Luck (y)

Happy New Financial Year

After the war, Hanumanji submitted his Travel Allowance Bill for his official tour for collecting Sanjeevani Booti to Ayodhya administration.

The Auditor in Bill Section raised 3 objections :

(1) Hanumanji did not take prior permission of the appropriate authority (Bharat), the King of Ayodhya, during the relevant time for his travel

(2) Hanumanji being Grade 2-officer was not entitled to air travel;

(3) Hanumanji was asked to bring Sanjeevani Booti, just a single plant, but he carried a whole mountain (unauthorized excess baggage).

The Auditor returned the bill. King Ram could do nothing except mark it down for re-examination.

A worried Hanumanji approached the Auditor and offered a bribe of 20% of the T.A.Bill amount.

The Auditor now wrote on the Bill :

Re-examined :
1. Even during the relevant time, Ram was still the king through his Paduka.

2. Further in an emergency, non-entitled officers can be authorized ex-post facto to fly.

3. Also excess baggage is justified as bringing a wrong plant would have entailed multiple journeys with extra cost; hence bill may be paid.

Ram ji shocked !!
Accounts department rocks Wish u a happy financial year ending :) :p

Hi dear Friends G.C.RAO ACADEMY introducing
"FREE CPT CLASSES" during April and May Month
for JUNE 2015 Examination. Please Inform all
who are looking for CPT Classes for June 2015
Exams
Schedule for CPT - JUNE 2015 Exams
Days of Training: Monday to Saturday
Timings: 9.00 AM to 5.00 PM
Mock Exam: Every Sunday
Duration: 60 Days
Date of Commencement: April 1st 2015
Date of Completion: 30th May 2015
Last date for Enrollment: Feb 28th 2015
(**note: Terms and Conditions are apply**)
Regards
GC RAO ACADEMY
080-26670171, 9741916916, 7795859697
Basavangudi

IMPORTANT INFORMATION FOR CA ASPIRANTS

New CA Course applicable from 2016 ( drafted by ICAI ) :

1. Change in CA Foundation :-
- Name changed from CPT to CA Foundation
- Duration increased to 9 months
- Number of Papers 4
Paper 1 - Fundamentals of Accounting (100 Marks)
Paper 2- Quantitative Aptitude (100 Marks)
Paper 3A - Mercantile Law (60 Marks)
Paper 3B - General Economics (40 Marks)
Paper 4A - General English (50 Marks)
Paper 4B - Business Communication (50 Marks)
- Partly descriptive & partly MCQ paper.
2. Change in CA Intermediate :-
- Cost Accounting & FM to be 2 different subject.
- Duration increased from 9 months to 12 months.
- ITSM removed
- Number of Papers 8
Paper 1 - Accounting ( 100 Marks)
Paper 2 - Company Law, Other law and Ethics
Part I : Company Law (60 Marks)
Part II: Other Law (20 Marks)
Part III: Ethics (20 Marks)
Paper 3 - Cost Accounting (100 Marks)
Paper 4 - Direct Taxes (100 Marks)
Paper 5 - Advanced Accounting (100 Marks)
Paper 6 - Auditing & Assurance (100 Marks)
Paper 7 - Financial Management (100 Marks)
Paper 8 - Indirect Taxes (100 Marks)
3. Change in CA Final :-
- New subject added Capital Markets & Financial Services.
- ISCA removed.
- Eligibility to appear to CA Final only after completion of articleship.
- Number of Papers 8
Paper 1 - Financial Reporting (100 Marks)
Paper 2 - SFM (100 Marks)
Paper 3 - Advance Auditing & Professional Ethics (100 Marks)
Paper 4 - Corporate & other economic law (100 Marks)
Paper 5 - Advance Management Accounting (100 Marks)
Paper 6 - Financial Services & Capital Market (100 Marks)
Paper 7 - Advance tax management (60 Marks) &
International Taxation (40 Marks)
Paper 8 - Indirect Taxation (100 Marks)

Note : New course is expected to be introduced somewhere in 2016, ICAI has also previously announced that both the existing as well as new course will continue for the next few years after which ICAI will gradually shift to the new course. The existing students need not to worry as they would be given ample time to clear their exams.

Happy saraswati puja...
May Maa Sharaswati bless u with abundant of knowledge n wisdom.....í ½í¸í ½í¸í ½í¸í ½í¸