I am a Partner at J K V S & CO. I look after Recruitment, Training and Development. I am working here since May 2017.I also look into all ICAI related matters of the firm.
I am a Visiting Faculty in the MCS (Management and Communication Skills) and Orientation courses conducted by The Institute Of Chartered Accountants Of India since 2014. I conduct sessions on weekends.
I worked as Senior Manager at Ray and Ray, Chartered Accountants, Kolkata from June 2016 to May 2017.
I have full-time teachi...
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Partner
May 1983
AI (artificial intelligence) in audit streamlines processes by automating data analysis, improving accuracy, and detecting anomalies. It enhances risk identification, anomaly and fraud detection, and provides real-time insights. Ultimately, AI optimizes the audit process, making it more efficient and reliable. Let us have a look at the questions that come to your mind in this context and find t......
Snapshot of Recent Current Business Affairs Your Career Related Matters By CA Suprio Ghatak I have been writing for our community defined as CAs and CA students for a long time. On Linkedin. On my blog “Beyond Suprio’s World.” https://suprioghatak.blogspot.com/ On the Compliance Calendar blog. https://www.compliancecalendar.in/suprio The content is mostly on the enti......
I did some research on the recruitment process starting from article ship, industrial training till the CA fresher’s interview. It started around October 2023 after which I have included this as a part of my discussions in all the OC and MCS sessions I conduct at ICAI EIRC Kolkata since 2024. I would like to share the entire content now for the benefit of our community defined as CAs and C......
The content is mostly on current business affairs which includes all updates of our regulators viz., ICAI, NFRA, SEBI, MCA, RoC, RBI, IBBI, CAG, etc. It also includes all industry updates which are relevant to all the subjects you are studying for the CA Final examination. I discuss these matters in the OC and MCS sessions at ICAI EIRC, Kolkata where I am a faculty since 2014. You may find here......
These updates have already been posted on my page on Linkedin earlier. I am posting it once again now for the benefit of my readers in Compliance Calendar Blog. Disney-Reliance's $8.5 B merger gets CCI approval: here's a look at breakdown of assets – ET – 29 August Walt Disney Co and Reliance Industries have received approval from the Competition Commission of India for an $ 8.5 B ......
Introduction This story was first published in The Finance Story on 18th July, 2024. After reading it I was fascinated by what Rahul Kanodia has achieved. I have published this earlier on Linkedin. I also discuss this in every session of OC and MCS batches at ICAI EIRC at Kolkata where I am a faculty and trainer since 2014. I thought of sharing this with the readers of Compliance Calendar aft......
Introduction The National Financial Reporting Authority (NFRA) has intensified its suppression of auditing malpractices related to Coffee Day Enterprises Ltd (CDEL) and its subsidiaries. In its latest action, NFRA has imposed a record breaking penalty of Rs. 10 cr on BSR & Co. LLP (a KPMG affiliate and Indian Chartered Accountant firm that is a member of the KPMG global network) for professi......
Introduction Most of the bigger audit firms in India now are not offering non-audit services to audit clients. This is in alignment with the National Financial Reporting Authority (NFRA)'s strict position on violation of Section 144 of the Companies Act. 2013 i.e. conflict of interest issues. S R Batliboi & Co, an EY (one of the Big-4) affiliate and India's largest audit firm, is the only big......
Introduction With massive changes coming out very fast in the way things are happening professionally I feel artificial intelligence (AI) is right on top. I have started researching the impact of AI on auditing, assurance, accounting, fraud detection, and taxation nationally and globally. Reading a lot of articles by professionals in our community defined as CAs and CA students here and abroad h......
Inspired by Ryan Lazanis, CPA AI now is changing the way we (our community defined as CAs and CA students in India) work. It is transforming the industry. We need to understand the importance of - Real life examples of how AI is being used in our profession. How you can start using AI in accounting and auditing right now. The benefits and risks of AI. And a lot more. What is AI in Account......
Introduction With so many drastic changes coming up which largely affects our community (read – CAs and CA students) I was wondering from where I start writing to keep ourselves updated. I read an article by Aniket Talati, President, The Institute of Chartered Accountants of India, recently and got the answer. It is Artificial Intelligence (AI). I read few more articles and......
Introduction This may not be good news for many of us. Yes, our community. Chartered Accountants. Particularly for those who are into practice. But before going further let us take a relook at what has happened over the last five years. A lot has happened since the formation of The National Financial Reporting Authority (NFRA) on 1st October, 2018 by the Government of India under Sec-132 ......
Background The National Company Law Appellate Tribunal (NCLAT) has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors of Dewan Housing Finance Corporation Ltd (DHFL) observing that it has retrospective jurisdiction in the case of misconduct. To understand this case and what it means when NCLAT can investigate audit misconduct that occurred before it......
CA Freshers and CA Finalists – How Do You Prepare For the Interview Questions? Introduction I have already mentioned in the last article - How to Become a Successful Chartered Accountant? CA Freshers and CA Finalists – How Do You Prepare for the Interview? - that I will be discussing interview questions in this article. I would like to first thank those in our community, defi......
CA Freshers and CA Finalists – How Do You Prepare for the InterviewIntroduction While conducting the ICAI Orientation and MCS classes since 2014 I have the opportunity to see our community defined as CAs and CA students very close. How to prepare yourself to appear successfully in interviews after you qualify as a Chartered Accountant or even before that has been a big headache for all and ......
CA Freshers Interview – How Do You Go About It Introduction While continuing to write and assist our community, defined as CAs and CA students, achieve excellence I continue reading and come out with out of the box ideas from what others have experienced and give my views on how to take it forward. Today we will look at CA freshers and find out how you should prepare for the interviews. CA......
CA Freshers Interview – What does Our Community Say Introduction While continuing my effort to write about how does our community, defined as CAs and CA students, achieve excellence I go on reading and putting forth ideas from what others have written and give my views on the same. Today we will look at CA freshers and find out how they prepare for interviews and get the job they deserve. ......
A Few Important Things to Remember for Interviews for CAs and Articled Assistants I have been trying to help our community defined as CAs and CA students for a long time. One out of the three important things that you need to remember is prepare for interviews. To do this you need not wait till you qualify as a CA. You can start this while you are searching for the audit firm which is the perfect......
#pwcaustralia Partners overlooked violations and breach (read - professional misconduct) of overachievers in pursuit of excellence (read - revenue growth, independent assessment and a lot more). PwC Australia has assured to establish an independent chair above the chief executive and has agreed to other governance changes. This pertains to a report on a scandal involving the misuse of go......
#pcaob Synopsis To protect and shield investors much more than what it is now and something which they richly deserve, the PCAOB proposal will update an antiquated and archaic 20 year old rule. Now this major change will allow the PCAOB to hold associated persons accountable where it has been evidenced over a long period of time that they irresponsibly, directly, and significantly contr......