Tuesday, July 26, 2011
Wednesday, February 24, 2010
"PERFECT DEFINITIONS"
1. Cigarette : A pinch of tobacco rolled in paper with fire at one end & a
fool at the other.
2. Love affairs : Something like cricket where one-day internationals are
more popular than a five day test.
3. Marriage : It's an agreement in which a man loses his bachelor degree and
a woman gains her master
4. Divorce : Future tense of marriage
5. Lecture : An art of transferring information from the notes of the
lecturer to the notes of the students without passing through "the minds of
either".
6. Conference : The confusion of one man multiplied by the number present.
7. Compromise : The art of dividing a cake in such a way that everybody
believes he got the biggest piece.
8. Tears : The hydraulic force by which masculine will-power is defeated by
feminine water-power.
9. Dictionary : A place where divorce comes before marriage.
10. Conference Room : A place where everybody talks, nobody listens &
everybody disagrees later on.
11. Ecstasy : A feeling when you feel you are going to feel a feeling you
have never felt before.
12. Classic : A book which people praise, but do not read.
13. Smile : A curve that can set a lot of things straight.
14. Office : A place where you can relax after your strenuous home life.
15. Yawn : The only time some married men ever get to open their mouth.
16. Etc. : A sign to make others believe that you know more than you
actually do.
17. Committee: Individuals who can do nothing individually and sit to decide
that nothing can be done together.
18. Experience : The name men give to their mistakes.
19. Atom Bomb: An invention to end all inventions.
20. Philosopher : A fool who torments himself during life, to be spoken of
when dead.
21. Diplomat : A person who tells you to go to hell in such a way that you
actually look forward to the trip.
22. Opportunist : A person who starts taking bath if he accidentally falls
into a river.
23. Optimist : A person who while falling from Eiffel Tower says in midway
"See I am not injured yet."
24. Pessimist :- A person who says that O is the last letter in ZERO ,Instead
of the first letter in word OPPORTUNITY.
25. Miser : A person who lives poor so that he can die rich.
26. Father : A banker provided by nature.
27. Criminal : A guy no different from the rest... except that he got
caught.
28. Boss : Someone who is early when you are late and late when you are
early.
29. Politician : One who shakes your hand before elections and your
Confidence after.
30. Doctor : A person who kills your ills by pills, and kills you with his
bills.
31Chartered Accountants : One who gets paid for reading such mails.
Thursday, January 14, 2010
CA-PCC Leave Regulation from ICAI
Leave
Regulation 59 : Leave to an Articled Assistant
1. An articled assistant shall earn leave at the rate of one-sixth of the period for which he
has actually served excluding from such period, the period for which he has been on
leave subject to a maximum of 180 days.
2. An articled assistant who has served as an audit assistant before the commencement of
his articles shall, in addition to the leave earned under this regulation, be entitled to leave
equal to one-half of the leave earned and not availed of as an audit assistant, subject to
a maximum of two months.
3. Leave due shall ordinarily be granted if reasonable notice has been given to the principal
by the articled assistant.
4. For the purposes of preparing for an examination of the Institute, the articled assistant
shall be granted by the principal leave for two months or to the extent due, whichever is
less, provided an application for the leave has been made at least fifteen days in
advance.
5. Leave not earned may also be granted by the principal subject to the condition that the
total leave to be taken by the articled assistant shall not exceed one-sixth of the total
period of his actual service, together with the leave due under sub-regulation (2).
6. Notwithstanding anything contained in the foregoing sub-regulations, the principal shall
allow the articled assistant to receive training in the Territorial Army, the Home Guards or
any similar organization approved by the Council and shall treat the period of such
training not exceeding sixty days in a year, as period actually served under articles.
7. For the purpose of this regulation, the days (including intervening holidays) on which an
articled assistant appears for any examination under these Regulations or attends a
course of academy of accounting conducted by the Institute and recognized by the
Council in this behalf, shall not be treated as leave but would be treated as period
actually served under articles.
Explanation — (1) For the removal of doubts, it is clarified that attendance by an articled
assistant with the consent of the principal, at a conference, course or seminar organized by
the Institute including a regional council or a students' association or a branch of a regional
council for the benefit of clerks, shall be treated as period actually served under articles.
85
(2) An articled assistant who has secured admission in a course at an academy of
accounting conducted by the Institute shall be relieved by the principal, without termination of
articles, for attending the academy, provided he has given notice of not less than two months
of his intention to join the academy.
Regulation 74 : Leave to an Audit Assistant
1. An audit assistant may be allowed such leave of absence as he earns in accordance with
his terms of employment but such leave shall not exceed one-sixth of the period, for
which he has served excluding from such period, the period for which he has been on
leave.
2. An audit assistant who has served as an articled assistant before the commencement of
his audit service shall, in addition to the leave earned under this regulation, be entitled to
leave earned and not availed of by him as an articled assistant, subject to a maximum of
two months.
3. Leave of absence may ordinarily be granted to an audit assistant only for a period
aggregating to not more than one-sixth of the period actually served, till the time the
leave is availed of.
4. For the purpose of preparing for an examination of the Institute, the audit assistant shall
be granted by the employer leave for two months or to the extent due, whichever is less,
provided an application for leave has been made at least fifteen days in advance.
5. Leave not earned may also be granted by the employer subject to the condition that the
total leave to be taken by the audit assistant shall not exceed one-sixth of the total period
of his actual service, together with leave due under sub-regulation (2).
6. Notwithstanding anything contained in the foregoing sub-regulations, the employer shall
allow the audit assistant to receive training in the Territorial Army, the Home Guards or
any similar organization approved by the Council and shall treat the period of such
training, not exceeding sixty days in a year as period actually served as an audit
assistant.
7. For the purpose of this regulation, the days (including intervening holidays) on which an
audit assistant appears for any examination under these Regulations or attends a course
of academy of accounting conducted by the Institute and recognized by the Council in
this behalf, shall not be treated as leave but would be treated as period actually served
as an audit assistant.
Explanation—For the removal of doubts, it is clarified that attendance by an audit assistant,
with the consent of the principal, at a conference, course or seminar organized by the Institute
including a regional council or a students' association or a branch of a regional council for the
benefit of students, shall be treated as period actually served as an audit assistant.
Regulation 59 : Leave to an Articled Assistant
1. An articled assistant shall earn leave at the rate of one-sixth of the period for which he
has actually served excluding from such period, the period for which he has been on
leave subject to a maximum of 180 days.
2. An articled assistant who has served as an audit assistant before the commencement of
his articles shall, in addition to the leave earned under this regulation, be entitled to leave
equal to one-half of the leave earned and not availed of as an audit assistant, subject to
a maximum of two months.
3. Leave due shall ordinarily be granted if reasonable notice has been given to the principal
by the articled assistant.
4. For the purposes of preparing for an examination of the Institute, the articled assistant
shall be granted by the principal leave for two months or to the extent due, whichever is
less, provided an application for the leave has been made at least fifteen days in
advance.
5. Leave not earned may also be granted by the principal subject to the condition that the
total leave to be taken by the articled assistant shall not exceed one-sixth of the total
period of his actual service, together with the leave due under sub-regulation (2).
6. Notwithstanding anything contained in the foregoing sub-regulations, the principal shall
allow the articled assistant to receive training in the Territorial Army, the Home Guards or
any similar organization approved by the Council and shall treat the period of such
training not exceeding sixty days in a year, as period actually served under articles.
7. For the purpose of this regulation, the days (including intervening holidays) on which an
articled assistant appears for any examination under these Regulations or attends a
course of academy of accounting conducted by the Institute and recognized by the
Council in this behalf, shall not be treated as leave but would be treated as period
actually served under articles.
Explanation — (1) For the removal of doubts, it is clarified that attendance by an articled
assistant with the consent of the principal, at a conference, course or seminar organized by
the Institute including a regional council or a students' association or a branch of a regional
council for the benefit of clerks, shall be treated as period actually served under articles.
85
(2) An articled assistant who has secured admission in a course at an academy of
accounting conducted by the Institute shall be relieved by the principal, without termination of
articles, for attending the academy, provided he has given notice of not less than two months
of his intention to join the academy.
Regulation 74 : Leave to an Audit Assistant
1. An audit assistant may be allowed such leave of absence as he earns in accordance with
his terms of employment but such leave shall not exceed one-sixth of the period, for
which he has served excluding from such period, the period for which he has been on
leave.
2. An audit assistant who has served as an articled assistant before the commencement of
his audit service shall, in addition to the leave earned under this regulation, be entitled to
leave earned and not availed of by him as an articled assistant, subject to a maximum of
two months.
3. Leave of absence may ordinarily be granted to an audit assistant only for a period
aggregating to not more than one-sixth of the period actually served, till the time the
leave is availed of.
4. For the purpose of preparing for an examination of the Institute, the audit assistant shall
be granted by the employer leave for two months or to the extent due, whichever is less,
provided an application for leave has been made at least fifteen days in advance.
5. Leave not earned may also be granted by the employer subject to the condition that the
total leave to be taken by the audit assistant shall not exceed one-sixth of the total period
of his actual service, together with leave due under sub-regulation (2).
6. Notwithstanding anything contained in the foregoing sub-regulations, the employer shall
allow the audit assistant to receive training in the Territorial Army, the Home Guards or
any similar organization approved by the Council and shall treat the period of such
training, not exceeding sixty days in a year as period actually served as an audit
assistant.
7. For the purpose of this regulation, the days (including intervening holidays) on which an
audit assistant appears for any examination under these Regulations or attends a course
of academy of accounting conducted by the Institute and recognized by the Council in
this behalf, shall not be treated as leave but would be treated as period actually served
as an audit assistant.
Explanation—For the removal of doubts, it is clarified that attendance by an audit assistant,
with the consent of the principal, at a conference, course or seminar organized by the Institute
including a regional council or a students' association or a branch of a regional council for the
benefit of students, shall be treated as period actually served as an audit assistant.
Subscribe to:
Posts (Atom)