LECTURE MEETING ON XBRL

Dear Members,

 

By now all the members must be relax from filing of TDS returns. The Government(MCA)  has changed the filing format of Profit & Loss Account and Balance Sheet in XBRL. The Government has also clarified that the provisions will be applicable to companies whose turnover is Rs. 100 crores or more and/or paid up capital is Rs. 5 crores or more. All the listed companies, irrespective of their capital/turnover, are also required to file Profit & Loss A/c. and Balance Sheet in XBRL form. These provisions are applicable w.e.f. F. Y. 2010-11.

 

Hence we need to understand the XBRL format. Keeping in mind above, we have organized a Lecture meeting on the above subject. We are extremely happy to inform that CA Sandesh Mundra has agreed to share his knowledge and experience on the subject.

 

We therefore request you to remain present in large number to take benefit of the knowledge and experience of the faculty on the subject.

 

The details of the programme is as under:

 

Date & Time	Details of Programme	Speaker	Venue
26th May,2011 Thursday, 5.45 to 8.00 pm	XBRL	CA Sandesh Mundra	H. K. COLLEGE HALL, ASHRAM ROAD AHMEDABAD

 

The meeting will be eligible for the CPE credit of 2 Hours.

 

Members are requested to bring the fees of Rs. 1000 for FY 2011-12.

 

Thanking you,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convenor)                       (Dy. Convenor)                    (Dy. Convenor)    

MEETING ON PROVISIONS OF PROVIDEND FUND (PF) AND EMPLOYEES STATE INSURANCE ACT (ESI)

 

Dear Members,

 

We as professionals have to understand the allied laws for conducting audit of various enterprises. We must be updated for the latest provisions of such Acts. Keeping in mind above, we have organized a meeting on Provisions of Providend Fund Act and Employees State Insurance Act. We are extremely delighted to inform that Shri Divakar V. Shah (Eminent Consultant of PF, ESI etc.) has agreed to share his knowledge and experience on the subject.

 

We request you to remain present in large numbers to take benefit of the knowledge and experience of the faculty on the subject.

 

The details of the programme is as under:

 

Date & Time	Details of Programme	Speaker	Venue
23rd  May, 2011 Monday, 5.45 to 8.00 pm	Provisions of PF & ESI	Shri Divakar V. Shah	H. K. COLLEGE HALL, AHMEDABAD

 

We request the members to submit query / poser on the subject which we can request the speaker to take up during the discussion.

 

The meeting will be eligible for the CPE credit of 2 Hours.

 

Thanking you,

 

Yours faithfully,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convener)                       (Dy. Convener)                    (Dy. Convener)

LECTURE MEETING ON PROVISIONS OF SCHEDULE VI OF THE COMPANIES ACT

 

Dear Members,

 

By now all the members must be relax from hectic schedule of bank audits. The Government has changed the reporting requirements of Profit & Loss Accounts and Balance Sheets as per schedule VI in line with the changes in IFRS. The Government has also clarified that the provisions will be applicable w. e. f. F. Y. 2011-12.

 

Though the audited accounts of FY 2010-11 is required to be prepared under existing Schedule VI requirement, but We, professionals have to keep in mind that  while preparing balance sheet of next year i.e. FY 2011-12 , we need to recast previous years figures (FY 2010-11) as per revised Schedule VI. Hence we need to understand the provisions of revised Schedule VI now. Keeping in mind above, we have organized a Lecture meeting on the above subject. We are extremely happy to inform that CA Subodh Kedia has agreed to share his knowledge and experience on the amendment in  Schedule VI of the Companies Act.

 

We therefore request you to remain present in large number to take benefit of the knowledge and experience of the faculty on the subject.

 

The details of the programme is as under:

 

Date & Time	Details of Programme	Speaker	Venue ( Please take a note of change )
30th April,2011 Saturday, 5.45 to 8.00 pm	Schedule VI of the Companies Act	CA Subodh Kedia	H. L. COMMERCE COLLEGE, NAVRANGPURA AHMEDABAD

 

The meeting will be eligible for the CPE credit of 2 Hours.

 

Members are requested to bring the cheque of Rs. 1000 for fees of FY 2011-12.

 

Thanking you,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convenor)                       (Dy. Convenor)                    (Dy. Convenor)    

Meeting on Important Aspects related to Bank Branch Audit

Dear Member,

 

We are sure all of you must be busy in conducting the pre-audit of Banks allotted to us. 

 

We have already conducted the lecture meeting of Shri Rameshbhai Kedia on bank branch audit who guide us about the audit in CBS environment and also discussed the important provisions of advances.

 

However, many aspects of advances are not covered during this meeting. Hence we have decided to arrange another meeting on bank branch audit. We are thankful to Shri Kulinbhai Vasavada for accepting our invitation to take the lecture meeting on bank branch audit.

 

Details of the programme is as under.

 

Date & Time	Details of Programme	Faculty	Venue
23/03/2011 Wednesday, 5.30 to 7.30 pm	Important aspects of Bank Audit	CA  Kulinbhai Vasavada	H. K. Hall, Ashram Road, Ahmedabad

 

Articled clerks can attain the meeting by registering themselves by paying token fees of Rs. 50/-

 

We request you to remain present in large number.

 

The meeting will be eligible for the CPE Credit of 2 hours.

 

Thanking you,

 

Yours faithfully,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convener)                       (Dy. Convener)                    (Dy. Convener)

LECTURE MEETING ON BUDGET 2011 (SERVICE TAX) ANALYSIS

Dear Members,

 

The Hon'ble finance minister has introduced budget -2011 which has very few proposals on Direct Taxes and Indirect Taxes. However, there are important proposals on service tax including levying of service tax on accrual basis instead of receipt basis.

 

We as professionals have to understand the of proposed amendments to guide our clients. Keeping in mind above, we have organized Lecture meeting on the above subject. We are extremely delighted to inform that CA Nileshbhai Suchak (Eminent Professional on Service Tax matters) has agreed to share his knowledge and experience on the proposals relating to Indirect Taxes.

 

We therefore request you to remain present in large number to take benefit of the knowledge and experience of the faculty on the subject.

 

The details of the programme is as under:

 

Date & Time	Details of Programme	Speaker	Venue
9th March, 11 Wednesday, 5.45 to 8.00 pm	Budget 2011- Indirect Tax Proposals	CA Nileshbhai Suchak	H. K. COLLEGE HALL, AHMEDABAD

 

We request the members to submit query / poser on the subject which we can request the speaker to take up during the discussion.

 

The meeting will be eligible for the CPE credit of 2 Hours.

 

Thanking you,

 

Yours faithfully,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convener)                       (Dy. Convener)                    (Dy. Convener)

SEMINAR ON OPPORTUNITIES FOR CA IN INSURANCE SECTOR

 

 

Dear Members,

 

After privatisation of the Insurance sector, change in the life stile, increase in the education, and tensions, awareness of the Insurance amongst the people is increasing. However, the per capita consumption in India is less than $ 25 each in Life Insurance as well as General Insurence as in comparision to per capita consumption in US of more than $ 1600. So there is huge untapped market for insurance in India. The visibility of Chartered accountants in insurance sector as compare to banking sector is very low, even though chartered accountants possess financial/commercial expertise that the insurance sector demands and the integrity that the industry need. So the privatization and de-tariff regime has opened up vast opportunities for Chartered Accountants in Insurance sector in India.

 

 

Keeping this in mind , we have organized this seminar on opportunities for CA in insurance sector to create awareness amongst our members. We are extremely pleased to inform you that the SBI Life Insurance Ltd. has agreed to associate with our study circle for this seminar.

 

 

We are happy to inform you that the new office bearers of WIRC will take charge on 22^nd February, 2011.  The newly elected chairman of WIRC CA Shriniwas Joshi, vice chairman CA Bhailalbhai K. Patel (Member of our  study circle since it's foundation) and secretary of WIRC CA Shardul Shah will resume their office on 22^nd February, 2011.

 

 

We are glad to inform you that we will falicitate the newly elected office bearers of WIRC who will specially come from Mumbai to Ahmedabad on 26^th February, 2011.

 

 

 

 

 

The details of the programme are as under:

 

Day & Date : Saturday, 26^th Februlary 2011.

Venue : Sports Club, Near Sardar Patel Stadium, Navrangpura, Ahmedabad

 

Date & Time	Details of Programme	Speaker
5.00 pm to 6.45 pm	OPPORTUNITIES FOR CA IN LIFE INSURANCE SECTOR	CA ABHIJIT GULANIKAR (CHIEF INVESTMENT OFFICER - SBI LIFE)   MR. ABHAY K RAJ          (PRODUCT DEVELOPENT OFFICER- SBI LIFE)
6.45 pm to 7.30 pm	OPPORTUNITIES FOR CA IN GENERAL INSURANCE SECTOR	CA DILIP V SHAH
7.30 pm to 8.00 pm	FALICITATION OF NEWLY ELECTED CHAIRMAN,  VICE CHAIRMAN AND SECRETARY OF WIRC OF ICAI
8.00 pm to 9.00 pm	DINNER

 

We request all the members to attend the meeting along with their spouses in large numbers. The meeting shall be followed by a dinner.

Your confirmation in advance will make our task easy.

The meeting will be eligible for the CPE credit of 2 Hours.

 

Thanking you,

 

Yours faithfully,

 

For, Navjivan CPE Study Circle of WIRC of ICAI

 

CA. Saurin A. Patel           CA. Vishal Langalia              CA. Nisarg J. Shah

(Convener)                       (Dy. Convener)                    (Dy. Convener)