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Nischal Narayanam is an Indian child prodigy and India's youngest chartered accountant. He completed his post-graduation in mathematics & commerce at the age of 19 from Osmania University, Hyderabad.
Employers needed a new form of in-house accountant to provide, in addition to accounts, better analysis of cost and of operations to inform performance management. The new institute soon gained the backing of leading industrialists including, Lord Leverhulme who became its president.
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According to Section 132 of the Companies Act 2013, "NFRA is responsible for recommending accounting and auditing policies and standards in the country, undertaking investigations, and imposing sanctions against defaulting auditors and audit firms in the form of monetary penalties and debarment from practice for up to 10 years."
The Association of International Accountants (AIA) is a professional accountancy body. It was founded in the UK in 1928 and since that date has promoted the concept of ‘international accounting’ to create a global network of accountants in over 85 countries worldwide.
Bar Council of India (BCI) is a statutory body established under section 4 of the Advocates Act 1961 that regulates the legal practice and legal education in India. Its members are elected from amongst the lawyers in India and represent the Indian bar.
Forensic accountants need to have a great deal of access to information regarding the company they are investigating or assisting. The information will determine how much a person actually makes, the worth of a business, if there has been fraudulent activity, who committed the fraud, everyone involved, how much was taken from the company, where the money went, and how much can be recovered.
The updates includes more information on the format and structure of the exam. [6] College Board also put out new testing dates for the AP exams. [7] One major change to the AP exam is that the tests will be completely open-note. [8] Students may use any class notes or other non-human resources for the exam. [9]