President's Message - November 2010 - (27-10-2010)

Dear All, "India stands at a crucial stage. All across the globe there is interest in India as an emerging global power… We have to be able to compete with the finest minds in the world. In this, education occupies a crucial position," so said Hon'ble President of India Smt. Pratibha Devisingh Patil recently. I am delighted to inform you that we had the honour to meet this visionary and inspiring first woman President of the country at the Rashtrapati Bhawan recently. During the meeting, the undersigned, along with Vice President CA. G Ramaswamy, Council Member CA. S.B. Zaware and a member from Pune CA. M.S. Jadhav updated her about our Institute and our contribution as an important partner in Nation Building. We also requested her to be the Chief Guest at the mega high-profile International Conference being organised by us on 4-6 January 2011, details of which have been published elsewhere in the journal. Her Excellency Smt. Patil showed keen interest in the activities and role of the Institute in the growth and development of national economy in particular and society in general. We fervently hope that she will kindly give her consent to grace our International Conference. Meanwhile, as readers will recall, we basked in the glory of Commonwealth Games 2010 by winning a record number of medals. We got medals in events we were not hopeful at all. We did not mind being at second position, but we rejoiced performing better than England. Reasons for celebrations were many. There is a remarkable trend emerging slowly but distinctly, which is very keen on engulfing all spheres of human existence: our female sportspersons have performed unexpectedly better in many events of the Commonwealth Games. Ironically, Haryana having the lowest sex ratio probably has the largest share of medals earned by female sportspersons. We personally have observed that, of late, female students have been performing better in CA examinations too. In fact, they have been doing better in all other fields of education. Anyway heroes, philosophers, or great men can exist, if we have intelligent and educated women in society. It is time to learn a lesson, as it is never too late to do so: women deserve equal treatment and respect from our society. Initially, we may have to start with some adjustment in order to accommodate them with equality. Let us take a pledge to respect them in our family, first, as we know: charity begins at home. This will bring a sea change in not just the form and composition of our society but also in the quality of our own existence. To quote our adorable President of India Hon'ble Pratibha Devisingh Patil: "Empowerment of women is particularly important to me as I believe this leads to the empowerment of the nation". American lawyer and political activist Bella Abzug rightly observed: Women are changing the stream, making it clean and green, and safe for all. There is a definitive connection between women's rights and development, and socio-economic development and peace of a state. Now let you be updated on some important developments over the last month. MCA Delegation to Moscow ICAI Vice-President CA. G. Ramaswamy with the Director, Board of Studies, Shri Vijay Kapur was in Moscow recently as part of the MCA delegation led by the MCA Secretary Shri R. Bandyopadhyay. Other members of the Indian delegation were ICWAI President Shri B. M. Sharma and ICWAI Central Council member

Contribution to the Question Bank of CPT - (27-10-2010)

The Common Proficiency Test (CPT) is an entry level test meant for 10+2 students to the Chartered Accountancy Profession having multiple choice objective questions. The level of knowledge expected is basic knowledge with the objective to develop conceptual understanding of the subject concerned. With a view to augment the Question Bank in the Subjects of Accounting/Mercantile Laws/General Economics/Quantitative Aptitude of Common Proficiency Test, it has been decided to invite questions from Chartered Accountants/Subject experts working in various Colleges/Universities/Public/Students pursuing Chartered Accountancy Course etc. The contributor can contribute as many questions as he/she can, but in a lot of minimum of 20 questions in the subjects of Accounting/Mercantile Laws/General Economics/Quantitative Aptitude in the following manner:- The questions should be of objective with four probable answers for each question. The correct answer for each question is also required to be given. Fill in the blanks having four alternative answers. Small paragraph containing two to three lines followed by a question having four alternative answers. Numerical having four alternative answers (in Fundamentals of Accounting, Mathematics and Statistics). Simply worded Case studies involving multiple concepts be also prepared. The case study could be something like a practical situation described in 3-4 lines in simple language with application of single/multiple concepts and requiring students to choose one answer from amongst four answers whereby the analytical/logical ability and intelligence of the students is tested. Since the CPT is an entry level Test meant for 10+2 students, the level of knowledge expected is basic knowledge and the questions should be aimed at testing the conceptual understanding and fundamentals of the subject than merely testing the memory of candidates. The difficulty level of the questions should be of 10+2 level and capable of being answered/solved in less than one minute. While framing the questions, the questions be framed in such a manner that each one of the four answers given for a particular question, per se, appear to be the right answer thereby requiring the candidate to use his analytical ability to find the correct answer. The language of the questions to be sent should be English only and is clear, correct, unambiguous and free from any doubt. The language conveys the same meaning as was intended by you. The copyrights of the questions so submitted shall vest with the Council of the Institute. The contributor of the questions shall ensure that the questions so submitted to the Institute are not parted with by him/her to any other Body/Person and shall be meant only for the exclusive use by the Council of the Institute. It may please be noted that the questions framed by you should be original and not already published in some books or journals or study material of the Institute or reference/text books available in the market or also from question papers of any other examinations or material distributed by any coaching institution. The requirement is the questions that are original and framed with the meticulous care and genuinely. For each question framed and forwarded and accepted by the Council of the Institute for augmentation of the Question Bank of CPT, Rs.100/- per question selected/accepted will be paid as honorarium. In addition to honorarium payable towards questions selected, Rs.100/- (fixed) will be paid for other services also. The questions may be sent in a sealed envelope superscribed "Question Bank – CPT" to Dr.T.Paramasivan,Sr.Deputy Director(Exams),The Institute of Chartered Accountants of India, Indraprastha Marg, New Delhi – 110002 by name or by e-mail to tparamasivan@icai.in While sending the questions by post/mail, please mention your name and complete postal address alongwith contact details including mobile number. All correspondence on the subject should be treated as secret. Interested persons may kindly contribute to the Question Bank of CPT. (Dr. T. PARMASIVAN) SR.DEPUTY DIRECTOR (EXAMS.)

Siddharth Rutiya
!! Be a Helping Hand !!
(www.sidrutiya.blogspot.com)
(http://www.google.com/profiles/SIDSHARTH)

Three Months Residential Programme for PCC/IPCC/PE-II Students/ Newly Qualified Chartered Accountants - (21-10-2010)

Three Months Residential Programme on Professional Skills and Development has been initiated by Board of Studies, ICAI for the benefit of Chartered Accountancy Students and newly qualified Chartered Accountants. All the students who have passed PCC/IPCC/PE- II examination and pursuing last year of article training or newly qualified Chartered Accountants are invited to join the course. This programme offers an unique opportunity and would focus on development of communication skills, leadership skills, personal traits as well as technical skills for effective functioning in business organization and profession. This Programme shall commence from December 6, 2010 at National Institute of Financial Management, Faridabad. Some of the salient features are: An unique blend of Communication and Technical Skills; An integral part of Articleship Training; Exemption from 15 days GMCS course; Subsidised Fee Structure. In view of the fact that there are limited seats, the registration will be done on First -come-First-serve basis. Students interested to pursue this programme may click for details of programme and registration form. October 20, 2010 Director, Board of Studies

Siddharth Rutiya
!! Be a Helping Hand !!
(www.sidrutiya.blogspot.com)
(http://www.google.com/profiles/SIDSHARTH)

Announcement - Availability of CPT-December 2010 PP Mode Application Form - (20-10-2010)

The application form for admission to Common Proficiency Test – December 2010 (Paper-Pencil Mode) is available in all the Regional and all Branch Offices of the Institute.

 

Applications for admission to Common Proficiency Test is required to be made in the relevant prescribed form as contained in the Information Brochure, which may be obtained from the Senior Deputy Director (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi – 110 002 on payment of Rs. 600/-(Rs.500/- towards examination fee and Rs. 100/- towards cost of application form and Information brochure) per application form. The fee for candidates opting for Abu Dhabi , Dubai, Doha and Bahrain centres will be US $160  ( US $ 150 towards examination fee and US $ 10 towards cost of application form and information brochure)  or its equivalent Indian Currency. The fee for the candidates opting for Kathmandu centre is INR.950/-(INR 850/- towards examination fee and INR 100/- towards the cost of application form and information brochure) or its equivalent foreign Currency.

 

Since the cost of Information brochure containing Common Proficiency Test application form includes the examination fee , no separate fee is required to be remitted at the time of submitting the filled in application form. The Information brochure containing Common Proficiency Test application form will also be available in the Regional and all Branch Offices of the Institute and can be obtained there from on cash payment till 27^th October, 2010. The forms will not be available in any branches of the banks.

 

Common Proficiency Test application forms duly filled in may be sent so as to reach the Senior Deputy Director (Examinations) at New Delhi not later than 27^th October,2010 . Applications received after 27^th   October, 2010 shall not be entertained under any circumstances.

 

Applications duly filled in will be received by hand delivery at the offices of Institute at New Delhi and at the Decentralised Offices of the Institute at Mumbai, Chennai, Kolkata, Kanpur, Ahmedabad, Bangalore, Hyderabad, Jaipur and Pune upto 27^th October ,2010.  Candidates residing in these cities are advised to take advantage of this facility. It may be noted that there is no provision for acceptance of application forms after 27^th October, 2010 with late fee.

 

          Alternatively the candidate may fill up the examination application form online at http://icaiexam.icai.org from 6^th October ,2010 ( 10:00 hrs) to 27^th October ,2010 ( 17:30hrs) and remit the fee online by using credit card, either VISA or Master Card. The Institute with a view to popularize hassle free online registration of CPT - December PP Mode application form is pleased to announce a concession of Rs 100/- (Rupees hundred only) to those who are filling up and submitting the application form for CPT- December 2010 (PP Mode).

 

Accordingly, the examination fee for those who apply online opting centres in India will be Rs. 500/- (Rupees five hundred only) instead of Rs. 600/- (Rupees six hundred only) and Rs. 850/- (Rupees eight hundred fifty only) instead of Rs. 950/- (Rupees nine hundred fifty only) for those who opt for Kathmandu centre.

Siddharth Rutiya
!! Be a Helping Hand !!
(www.sidrutiya.blogspot.com)
(http://www.google.com/profiles/SIDSHARTH)

Announcement - November 2010 Examination Zone Shifting - (19-10-2010)

October 19, 2010 Subject: Change of Examination Centers for November 2010 CA Exams Due to paucity of accommodation in some Zones opted by the candidates in the cities of Bangalore, Chennai , Delhi, Indore and Kolkata, some of the candidates have been allotted examinations centres in other zones of the said cities where the accommodation is available. In view of this, it is not possible to accede to the requests of the candidates for transfer to an examination centre in a particular zone of the city opted by them. While inconvenience caused in the mater is deeply regretted, we seek the valuable cooperation from the ICAI students and their stakeholders in the regard. (Dr. T. Paramasivan) Sr. Deputy Director (Exams)

Siddharth Rutiya
!! Be a Helping Hand !!
(www.sidrutiya.blogspot.com)
(http://www.google.com/profiles/SIDSHARTH)

Admit Card Help Line Desk - November 2010 Examinations - (18-10-2010)

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Help Line Desk - Admit Card

Do you have any query about NOVEMBER, 2010 examination?

The Help Line Desk will be functional from 18th October to 16th NOVEMBER, 2010 for 24 hours on all days (inclusive of holidays and Sundays) to attend to any query relating to the ensuing Chartered Accountant Examinations to be held from 8th to 16th NOVEMBER, 2010. The telephone Numbers of Help Line Desk are:

3054851 3054852 3054853 3054835 (0120) 3054843 (FAX) STD Code 0120

Students having any query with regard to their appearance in the ensuing examination are welcome to contact the Help Line Desk on the above telephone numbers. The query could be non-receipt of Admit Card or any other matter related thereto.

Students who have not received their admit cards can download it from website www.icai.nic.in

Separate e-mail IDs have been created to cater to the needs of the students. The student can contact at:

pce_examhelpline@icai.in for Professional Competence Examination

ipce_examhelpline@icai.in for Integrated Professional Competence examination/Accounting Technician Examination

final_examhelpline@icai.in for Final Examination

Students who have not received their Admit Cards or could not download the same from the Website and desirous of getting information regarding appearance in the examinations may utilise this facility for prompt response from 'help-line desk' of Examination Department of ICAI.

(Dr.T. Parmasivan) Sr. Dy. Director (Exam.)

Siddharth Rutiya
!! Be a Helping Hand !!
(www.sidrutiya.blogspot.com)
(http://www.google.com/profiles/SIDSHARTH)