Committee for Capacity Building of CA Firms and Small & Medium Practitioners (CCBCAF&SMP) at a glance CA. Anuj Goyal Chairman CCBCAF&SMP, ICAI Arrangement of Microsoft Office 365 for Members of ICAI The CCBCAF&SMP has arranged the Microsoft office 365 which has the features like Genuine Microsoft office license that can be downloaded and installed on 5 PC/MAC + 5 Smart Devices (iPad, iPhone, Windows Tablet, Windows Phone, Android Phone) per user, 1 TB Secure Online file back and storage: Backup key documents and access them from any device, 50 GB mailbox with company name. For example: yourname@yourbusiness.com (As per Institute’s Website Guidelines), Website: Public facing website in minutes without coding, Anti-SPAM and Anti-VIRUS protected, On-bparding services and 24/7 Helpdesk etc. The special price of the aforesaid product is Rs. 321 per month for the aforesaid product. The offer is valid up to 31st March, 2015. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Arrangement of Accounting Software for Members of ICAI The CCBCAF&SMP has arranged the Accounting Software which has the features like Day Book/sales Register/Purchase Register/Cash and Bank Book/ General Ledger/Receipts and Payments, Outstanding Reports with Ageing for Bills Outstanding, Trial Balance, Balance Sheet & Profit & Loss A/C, Ratio analysis, Comparison with Budget and prior periods, Funds Flow and Cash Flow etc, Enhanced Cost center views with option to edit Cost Centers in Bulk, Transactions Register for Purchase Order, Sales Order, Job Order, Stock journals etc, Customizable PO/ Delivery Challan/Quotation/Invoice/DC out/ etc., Quotation Vs Billed and Pending, sales Order Received Vs Billed and pending, DC out Vs Billed,Stock Summary, Stock Ledger, Stock List, Stock Ageing etc. in Primary and Alternate Units, TDS Certificates Received etc. The Intial license of the aforesaid software is free of cost for 2 financial Years’ and thereafter special price of Rs. 1200/- for the aforesaid product. “Practiquer”- A Quarterly e-Newsletter for the Chartered Accountants. The CCBCAF&SMP has taken an initiative to bring out an e-Newsletter quarterly for the CA fraternity, highlighting the latest developments in the profession. The e-Newsletter i.e. “Practiquer” is a perfect tool which will provide the Chartered Accountants with all requisite information. It compiles information on all important areas of the profession and will be of great benefit to the members. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Householder’s Insurance for Members of ICAI The CCBCAF&SMP has taken a major initiative for arranging in the form of specially designed Householder’s Insurance through The Oriental Insurance Company Limited, New Delhi for Members of ICAI. The Householder’s Insurance policy will cover insurance of building and contents against fire & allied perils inclusive STFI & EQ, housebreaking including larceny & theft, jewellery & valuables, employers liability (WC) on annual wages etc. The detail of the same is available at http://www.icai.org/post.html?post_id= 10631 Personal Accident Insurance for Members of ICAI The CCBCAF&SMP has taken a major initiative or arranging in the form of specially designed Personal Accident Insurance through the Oriental Insurance Company Limited, New Delhi for Members of ICAI. The Personal Accident Insurance policy will cover Death/Permanent Total Disability, loss of Limb(s) & Permanent Partial Disability including reimbursement of hospitalization expense. The detail of the same is available at http://www.icai.org/post.html?post_id= 10630 CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI ‘Quick Heal Total Security for Android enabled Mobile phones’ software for the registered members, students & staff of ICAI The CCBCAF&SMP has arranged for ‘Quick Heal Total Security for Android enabled Mobile phones’ software for the registered members, students & staff of ICAI from M/S Quick Heal Technologies Pvt. Ltd., Pune at discounted price. The ‘Quick Heal Total Security for Android enabled Mobile phones’ software is an antivirus software with features like Virus Protection, Call Blocking, SMS Blocking, SMS Spam Protection, Data Protection Anti-Theft, Mobile Tracker (using GPS), Remote Mobile Locking, Device Control through Web Portal (RDM), Scanning and Unlocking Commands, Improved Device Tracing, Multi-SIM support, Web Security, Network Monitor, Performance Monitor, Backup and Restore, Secure Delete etc. ICAI Connect – A self service portal for members of ICAI The Committee has launched the ICAI Connect, a self service portal for the members of ICAI during the International Conference at Kolkata on November 21, 2013. The features of the aforesaid self service portal includes My Profile, My Announcements, My Payments, My Articles, My Application Status, eServices, My Firms, My Software(s), Letters & Certificates, CPE Hours, Guidelines of Networking, Merger & Demerger etc. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI e-Samadhan portal for resolving the professional queries raised by members of ICAI The Committee has launched the ICAI Connect, a self service portal for the members of ICAI during the International Conference at Kolkata on November 21, 2013. The features of the aforesaid self service portal includes My Profile, My Announcements, My Payments, My Articles, My Application Status, eServices, My Firms, My Software(s), Letters & Certificates, CPE Hours, Guidelines of Networking, Merger & Demerger etc. Health Insurance Scheme for Members of ICAI The Committee has taken a major initiative for arranging in the form of specially designed Health Insurance Scheme through New India with the special features included No Health check-up, No age limit & entry barrier, Premium discount in lieu of Cumulative Bonus, 5% discount in Premium to be paid to the Insurance company, where the Member has not preferred any claim in the expiring policy in case of renewal of the policy, Wide Coverage for Pre-existing diseases etc. for Members& Students of ICAI. Please visit http://icai.newindia.co.in, to apply on line for Insurance policy & to view other formalities as well as details about the aforesaid insurance scheme. Facilitation of Specialised Loan Scheme through bank The Committee has taken an initiative to arrange financial assistance to all members in practice / firms in the form of specially designed loan scheme through Corporation Bank. Through the scheme, eligible Chartered Accountants can avail finance for setting up of offices including cost of furniture/fixture/office equipments-computers and other accessories. The scheme would also enable the Chartered Accountants to finance a part of the working capital for building their profession and will also take care of the needs of fresher (CAs with experience below three years). Professional Indemnity Insurance for Members & CA Firms of ICAI The Committee has arranged insurance protection for members in practice/firms in the form of specially designed professional indemnity insurance at a reasonable premium i.e. 85% discount in market rate. Please visit http://icai.newindia.co.in, to apply on line for Insurance policy & to view other formalities as well as details about the aforesaid insurance scheme. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Motor Insurance at special premium for members of ICAI In the Motor Insurance scheme, all members of ICAI avail 55% discount on Own Damage premium irrespective of the previous claims in respect of private four wheelers and two wheelers when member approaches office of the Oriental Insurance Company directly. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Revised Minimum Recommended Scale of Fees for the Professional assignments done by Chartered Accountants for Class ‘A’ & Class ‘B’ Cities The Committee has taken a major initiative for prescribing the Revised Minimum Recommended Scale of Fees for the professional assignments done by the members of ICAI. The recommendation is about the fee to be charged as per the work performed for various professional assignments and the amount quoted under respective heads of professional work. The fee has been recommended separately for Class ‘A’ & Class ‘B’ Cities. The details of the Minimum Scale of Recommended Fees are available at http://www.icai.org/post.html?post_id=7252. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Committee’s exclusive website www.icai.org.in The Committee has developed a Website namely www.icai.org.in, where the Firms and Practitioners may create their portals as per the norms laid down by the Council of the Institute of Chartered Accountants of India. The website provides a platform for the CA Firms to upload their firms’ details and gives them an opportunity to reach out to the members and CA firms practicing worldwide. The website also acts as a forum for consolidation of the members and CA Firms by providing for consolidation measures like Networking, Merger and Corporate Form of Practice. The members may visit portals of other members and firms and like-minded persons may join hands to grow big to compete in the international front. Revised Guidelines of Network The Committee has considered practical difficulties in consolidation of CA Firms through medium of Networking. The Committee has appropriately finalized the revised Guidelines of Networking facilitating members and firms for its easy adoption. The details of the Revised Guidelines of Networking is available at http://www.icai.org/post.html?post_id=7710. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Busy Accounting Software at Special price The Committee has arranged Busy Business Accounting Software at special price for the members of ICAI. The Offer Price for Members of ICAI at Rs 4500/- + applicable Taxes. The Vendor Company has also offered 50% discount on all upgrades. The aforesaid software is an integrated business accounting software. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Indian Financial Reporting Manager (IFRM) at Special Price As an ongoing attempt to enable the members to keep pace with the latest developments in financial reporting, CCBCAF&SMP, ICAI has arranged the IFRM, the web based research & solutions kit to the members of ICAI at a special price of Rs.3500 plus taxes per user per year to the members of ICAI. List price of India Financial Reporting Manager is Rs.9995 plus taxes per user per annum. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI CTR Library for Direct Taxes at Special price As an ongoing attempt to enable the members to keep pace with the latest developments in Direct Tax Cases, the Committee has arranged to provide Single DVD of CTR Library of Tax Cases - comprehensive coverage on Direct Taxes to the members of ICAI at a special price of Rs.1500/- including all the applicable taxes (valid for one year) along with the Direct Tax Tracker. List price of Single DVD of CTR Library of Tax Cases is Rs.3600/-. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI IT Auditor software at special price The Committee has arranged IT Auditor software i.e. an Income Tax compliance with e-filing of Tax Audit Report at special price for practicing members & CA Firms of ICAI. The Offer Price for Members of ICAI at Rs 2,100/- for first assessment year. License renewal charges Rs 2,100/- plus applicable taxes. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Cloud based Service Tax, TDS & PDF Signer software at special price The Committee has arranged cloud based Service Tax, TDS & PDF Signer software i.e. online TDS and Service TAX software along with PDF signer to digitally sign the documents at special price of Rs 2,100/- for first assessment year for practicing members & CA Firms of ICAI. License renewal charges Rs 2,100/- plus applicable taxes. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Office Protection Shield Insurance The Committee has arranged for Office Protection Shield Insurance for members of ICAI. The scheme has become effective from 18th September, 2013 for the members in practice / Firms of the ICAI. Members and CA firms desirous to avail the benefits of the aforesaid scheme may please visit http://icai.newindia.co.in & online solution for the same. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Tax Suite : A Tax Compliance software The Committee has arranged to provide the Tax Compliance software namely ‘ICAI-Tax Suite’ for the Practitioners & CA Firms, which combines facility for Income Tax, TDS, Audit Reports, Project Report/ CMA, Form Manager, AIR (Annual Information Return), Service Tax and Document Management. The license renewal charge for this software is INR 2100. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI XBRL software The Committee has launched the software on XBRL named as ICAIXBRL software to provide the CA Firms for MCA mandate XBRL Filing. The XBRL software is a solution for converting financial information of a Company in XBRL format as per MCA mandate. The license renewal charge for this software is INR 2000. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A Book on “Partnership & HUF: A Practitioners’ Perspective” The Committee has published the book titled "PARTNERSHIP & HUF: A PRACTITIONERS’ PERSPECTIVE” developed with the prime objective of serving as a knowledge builder for all those, who are involved in formation, management and taxation of these entities in India. This book containing 301 Frequently Asked Questions (FAQs) for enhancing the knowledgebase of the practitioners. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A Book on “Full Fledged Money Changer (FFMC): A Practitioner’s Perspective” The Committee has released a publication on “Full Fledged Money Changer (FFMC): A Practitioner’s Perspective” during the International Conference held on January 23 to 25, 2013. The aforesaid publication will serve the members and other professionals as a handy tool and a ready reference in dealing with the procedural aspects of exchange of money. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A book on ‘Companies Act, 2013: Perspective of Small & Medium Practitioners & CA Firms’. The CCBCAF&SMP has published a book on ‘Companies Act, 2013: Perspective of Small & Medium Practitioners & CA Firms’. The book highlights the latest developments in areas of the Companies Act 2013. The publication also brings out the significant changes proposed by the Companies Act 2013 as compared to the Companies Act, 1956, which is highly relevant to the practicing Chartered Accountants. The book will enable the members to get an in-depth understanding of the Companies Act 2013. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A Book on ‘Financial Statements Presentation under Companies Act, 2013: Practitioner’s Perspective’ The CCBCAF&SMP has published a book on ‘Financial Statements Presentation under Companies Act, 2013: Practitioner’s Perspective’. In light of the changes made in the Schedule III of the Companies Act, 2013, the Committee has brought out this book to provide the members with better insight into the aforesaid areas of the Companies Act, 2013. This book will provide a knowledge base to the Practitioners for preparing the financial statements as per new Schedule III of the Companies Act, 2013. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A book on “External Commercial Borrowings: A Practitioner’s Guide” The Committee has released a publication on External Commercial Borrowings: A Practitioner’s Guide during the CA Day celebration on 1st July 2012, as part of capacity building measure of the Practitioners & CA Firms, this book has been designed to enable the members to widen their knowledge base on External Commercial Borrowings and this publication would help the members carrying out the professional assignment pertaining to the External Commercial Borrowings in a very effective manner. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A Book on “Transfer Pricing Compliances : A Practitioner’s Handbook” The Committee has released a publication on book on “Transfer Pricing Compliances: A Practitioner’s Handbook” during the CA day celebration on 1st July, 2012. This Guide provides SMPs with knowledge of Transfer Pricing and best practice guidance on Compliances of Transfer Pricing. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A book on “Service Tax: A Practitioner’s perspective” The Committee has published Book on “Service Tax: A Practitioner’s Perspective” as part of capacity building measure of the Practitioners & CA Firms. This book has been designed to enable the members to widen their knowledge base on Service Tax and this publication would help the members in discharging their responsibility in rendering the service tax assignments in a very effective manner. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI A book on Guide to Management of Practice for Small and Medium Sized Practitioners The Committee has brought out the book on “Guide to Management of Practice for Small & Medium sized Practitioners”. This Guide provides SMPs with knowledge of practice management principles and best practice guidance on a whole range of practice management topics including strategic planning, managing staff, client relationship management and succession planning. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI Book on A Bird’s Eye View of Micro, Small & Medium Enterprises (MSMEs) and Small & Medium Practitioners in Indian Economy The Small & Medium Practitioners are the most popular source of external advice and support to MSMEs. This book on ‘A Bird’s Eye View of Micro, Small & Medium Enterprises (MSMEs) and Small & Medium Practitioners in Indian Economy’ describes the compliance and non-compliance areas where SMPs can provide services to MSMEs, and reasons for requirement of such services. This book will be a very useful support material for MSMEs and SMPs. CA. Anuj Goyal, Chairman, CCBCAF&SMP, ICAI ! CA. Anuj Goyal Chairman CCBCAF&SMP, ICAI