Honorable High Court  allowed  Chartered Financial  Analyst (US of A) exams to be conducted in India on 8th June 2008. But it will be subject to result of writ petition.

            I really don't understand the reason for such late permission when exams are on the face. Its hardly a week remain for exams, Students already booked air tickets to fly abroad for giving exams.
           Such permission in interest of students had have passed at the time of admission for current exam, there are many who didn't took admission because they couldn't afford to travel abroad for exams.

           This Judgment  have hardly any useful effect on current exams. But to look at longer horizon, yes, this going to make lot of difference. Hon HC  said prima facie  AICTE act is not applicable to CFA institute, while institute representative said CFA exams are not subject to approval of AICTE rules as they are not providing any technical education but a self study exam.

                                                             To keep it up with global competition finally Institute of Chartered Accountants of India(ICAI) gave green signal for advertisement to a practicing CA.

This is very good initiative by ICAI and will be appreciated by large section as against mixed reaction over ICAI's  stand over IFRS.

In the meeting held in last week council finalized the guide lines for advertisement for member in practice. Members are now allowed to advertise through write ups' which will be subject to relevant guideline and provision. The final guidelines would get notified soon.

visit ICAI for more details.

As per notification no 1-CA(7)/(114)/2008, Amravati is new branch of WIRC, ICAI.

I am looking forward for activities from Amravati branch, as I am pass out Chartered Accountant from the Amravati center.

Cheers!!!!

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