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Amarjit Chopra

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  • Fair valuation basis must be adopted universally, even by smaller firms says former ICAI President

    Fair valuation basis must be adopted universally, even by smaller firms says former ICAI President

    Amarjit Chopra, former President, ICAI and former Chairman, NACAS believes that COVID-19 presents unique challenges in presentation of financial reports.

  • ICAI should rethink its demonetisation advisory to members: Pros

    ICAI should rethink its demonetisation advisory to members: Pros

    Advisory on illegal activities by chartered accountants if any is welcome move but advisory not hearing any negative views on demonetisting by any ICAI member is a bit of an overreach, says V Balakrishnan, Former CFO, Infosys.

  • Advisory body seeks deference of adoption of IndAS standard

    Advisory body seeks deference of adoption of IndAS standard

    India was slated to be an early adopter of the International Financial Reporting Standards (IFRS) revenue recognition standard. But since the global standard itself is under review, NACAS recommended a deferral of the Indian standard as well.

  • IFRS convergence: Govt notifies 39 accounting standards

    IFRS convergence: Govt notifies 39 accounting standards

    According to PwC these two standards will have an enormous effect - it will not only impact every company's top line and therefore bottom line but will require other organisational and business changes.

  • ICAI: The Chopra Year!

    ICAI: The Chopra Year!

    On 12th February this year, Amarjit Chopra retired as the President of the Institute of the Chartered Account of India or the ICAI. It has been one very eventful year of tenure.

  • ICAI sends notices to RNRL, RInfra auditors on SEBI order

    ICAI sends notices to RNRL, RInfra auditors on SEBI order

    The Institute of Chartered Accountants of India (ICAI) has sent notices to auditors of RNRL and Reliance Infra on market regulator SEBI's consent order.

  • Accountancy Profession: Catalyst to sustained eco growth

    Accountancy Profession: Catalyst to sustained eco growth

    International Conference on Accountancy Profession: Catalyst to Sustained Economic Growth

  • Will look into conduct of our members alone: ICAI

    Will look into conduct of our members alone: ICAI

    The SEBI has passed a consent order regarding the Reliance Infrastructure and RNRL investigation that showed misrepresentation of investments. Amarjit Chopra, President of ICAI says that though ICAI cannot probe into affairs of the company, they will take up the matter of the professional conduct of their members.

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