bharatuncut

law and order situation in India
a school manager Mr. C. P Singh of Lucknow Public School was brutally killed in front of the school gate on 21 sept.
the killers riding on a bike shoot at least 9 shots from their sophesticated weapon. the manager received 6 shots and died on the spot.
the police station is mearly 100 mtrs. from the school, but the killers could not be nabbed till now.
Main suspicion is on the security gaurd who was on leave for last 4 days.
the manager had left behind him, his 20 yrs. old son and wife.
he was a man of his words and does not like any indiscipline in his school. his death has done a huge dent in the future development of Lucknow Public School.

career as a cost accountant
It has been felt beyond doubt that there has been increasing awareness amongst the business entrepreneurs of the most vital contribution made by cost and management accountancy services in the business houses to the attainment of business objectives. This has accentuated the demand for cost and management accounting services in all the sectors of economy. Many members of the Institute are holding top management positions, viz., Managing Director, Finance Director, Financial Controller, Chief Accountant, Cost Controller, Marketing Manager, Chief Internal Auditor. Those managing their own business, have found in themselves a Manager and an Accountant to control and flourish their business. No wonder a Cost Accountant can attain the highest ladder of professional career. There is a sustained demand for qualified, trained and experienced cost accountants. Many members of the Institute are also engaged in cost consultancy services and in teaching cost and management accountancy in Universities and Colleges.
Cost Accountancy qualification has also been recognised by the Academic Councils of many Universities in India for the purpose of admission of the Ph.D. courses in Commerce. It was resolved by Association of Indian Universities to accept Bachelor Degree-holders who have ICWAI Qualification for registration as M.Phil. and Ph.D. candidates in commerce and allied disciplines vide their letter nos. EV/II/(2)/91/80878 dated 16.8.1991 and EV/II/(2)/2000/179741 dated 29.11.2000.
Moreover, as per the decision of the All India Council for Technical Education, Fellow Members of our Institute are treated at par with Ph.D. candidates in so far as appointment in the posts of Professor, Associate Professor, Reader, Asstt.Professor and Lecturer in Professional / Management Institutes are concerned.
Cost and Management Accountants are also holding key position in Central and State Governments. In the matter of employment, promotion and prospects, Cost Accountants are recognised by the government, public and private sectors for placement at various levels in the fields of Accounting and Management functions. The specialisation in costing is an added catalyst for a successful manager and a policy maker.
Developing countries in the overseas have also evinced keen interest in offering employment opportunities for the members of the Institute. Realising the importance of the profession of the Cost and Management Accountancy in the economic development of the nation, the Central Government has constituted an all-India cadre known as Indian Cost Accounts Service (ICAS) at par with other Class-I services such as IAS, IFS etc. to advise the government in cost pricing and in framing the appropriate fiscal and tax policies.
Practice as Cost Accountant A Cost Accountant may build up his own practice by obtaining a licence from the Institute which would enable him to practice as a Cost Accountant, either individually or in partnership with one or more members of the Institute in practice. His clientele include private and public companies, large, medium and small scale undertakings, partnership and proprietary concerns, industrial, commercial and service undertakings etc.

Chartered Accountancy as a Profession

The Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act, 1949. The Institute of Chartered Accountants of India was set up in that year as a statutory body to regulate the profession of chartered accountants. Under the Act, the Institute is both an examining and a licensing body. The responsibilities of conducting the Chartered Accountancy Course are also vested with the Institute. This course involves a blend of theoretical education and practical training and equips a student with knowledge, ability, skills and other qualities required of a professional accountant. On successful completion of the course, the student becomes entitled to apply for membership of the Institute which would in turn entitle him to use the professional description of "Chartered Accountant" and start his public practice as a chartered accountant after complying with the rules in this regard. At his option, instead of starting the public practice, he can take up an employment that requires the knowledge and expertise of a professional accountant.
In 1992, the Institute introduced the Foundation Course. A candidate who has passed the 10+2 Examination is eligible to take up the Foundation Course. The duration of the course is 10 months. After passing the Foundation examination, a condidate may take up C.A. Course without being an "eligible" graduate.
From October 2001, a person can join CA course either after 10+2 examination by registering for PE I Course of 10 months duration or after graduation with specified percentage or marks by registering for PE II course of 10 months duration.Thosenot having specified percentage of marks in graduation examination, shall be registered for PE I course only
The practical training for the students of the Chartered Accountancy course involves working in the office of a Chartered Accountant in practice or a firm of such Chartered Accountants for the specified period. A part of the training can also be taken in certain approved business or industrial enterprises. There are two types of training opportunities available to a student of the course: as an articled clerk or as an audit clerk. Articled clerk is a trainee attached to a Chartered Accountant in practice under a deed of articles for the duration of the training of 3 years, he/she may often find it difficult to bide the long period of waiting involved in gaining entry into the profession. They have perforce to work their way up in life and may not be able to afford to work without adequate remuneration for a period of three years which articleship involves. It is for such promising young persons, amongst the regular paid staff of practising chartered accountants, that the system of audit clerkship has been evolved; it gives them a chance to work their way up in the profession. A longer period of training namely, 4 years, is therefore prescribed in this case.

hi everybody
what is going on in this country.
A teacher died due to heart attack during a clash between college students in Ujjain in Madhya Pradesh in India
The level of studies is going down, what will happen to this country