The Chartered Accountant

1054
DECEMBER 2008 THE CHARTERED ACCOUNTANT
Icai news
Revised Resolution passed by the Council under
Regulation 190A
(effective from 9 th August, 2008)
AS A PART OF AND IN CONTINUATION OF THE EXISTING RESOLUTION [UNDER REGULATION 190A, WHICH
APPEARS AS APPENDIX NO. (9) TO THE CHARTERED ACCOUNTANTS REGULATIONS 1988 (2002 EDITION)]
IT IS FURTHER RESOLVED that the following clause (14) is added in clause (A) of Appendix No. (9) to The
Chartered Accountants Regulations, 1988 as under: -
Permission granted generally
(A) Members of the Institute in practice be generally permitted to engage in the following categories of
occupations, for which no specific permission from the Council would be necessary in individual cases: -
14. Owning agricultural land and carrying out agricultural activity.
IT IS ALSO RESOLVED that the following clause (5) appearing under the heading ‘Permission to be granted
specifically’ in clause (B) of Appendix No. (9) to The Chartered Accountants Regulations, 1988 be deleted.
5. Interest in agricultural and allied activities carried on with the help, if required of hired labour.
Training the Trainers Programme on IFRS
We are pleased to inform that the Institute of Chartered Accountants of India is planning to develop a pool of
trainers for training the members on International Financial Reporting Standards.
The Continuing Professional Education Committee of the Institute invites Chartered Accountants with skill sets
in International Financial Reporting Standards (IFRS) for Training the Trainers Programme. These programmes
would be held at New Delhi, Mumbai, Kolkata, Kanpur and Bangalore. Applicants with technical expertise in existing
Accounting Standards would be given preference. Members selected for the training programme will be put on
a training module to enable them to equip themselves in training other members on IFRS.
Members who are interested and who have an aptitude for training on IFRS need to apply to the Secretary, Continuing
Professional Development Committee at the following address:
The Secretary, CPE Committee, The Institute of Chartered Accountants of India
ICAI Bhawan, Post Box Number 7100, Indraprastha Marg, New Delhi 110 002
E-mail id: seemag@icai.org, Fax - +91 11 3011 0583
Telephone: +91 11 3011 0451(D), 3989 3989 (EPABX) Ext. 451,
Members who have already applied earlier this year for the said programme, need not apply again.
Chairman
Continuing Professional Education Committee
FOR THE ATTTENTION OF ICAI MEMBERS ABROAD
The ICAI members residing abroad, who are being sent the Institute’s The Chartered Accountant journal by Air Mail
and Sea Mail of Indian Post, are hereby informed that Indian postal authorities have steeply increased the postal charges
from Rs. 90 per copy to Rs. 175 for Air Mail and from Rs. 13 per copy to Rs. 90 for Sea Mail w.e.f 01.08.2008.
The Executive Committee of the Institute, taking note of the steep hike in foreign postal rates and the resultant expenses
to be borne by the ICAI, has decided to charge the actual (revised) postal rates from ALL overseas members
who desire to get the copy of their journal at their foreign addresses through Air Mail/Sea Mail facility as follows:
Air Mail – Rs. 2100 per annum
Sea Mail – Rs. 1100 per annum
In view of the above, the overseas members who wish to receive the journal (December 2008 onwards) at their
foreign addresses, are requested to remit the sum equal to the actual revised air mail, sea mail charges payable, as
the case may be, to their respective regional offices on an urgent basis. The overseas members who have already
submitted airmail charges at the old rates of Rs. 900 per annum are requested to remit the balance amount as per
the new postal rates (Rs.2100 per annum) for the remaining months (December 2008 onwards) of their respective
existing air mail periods.
In case, the overseas members don’t remit the required postal charges, the journal will be dispatched at their Indian
addresses as per ICAI records free of cost.
“You see, in life, lots of people know what to do, but few people actually do what they know. Knowing is
not enough! You must take action”