Latest news with #CharteredAccountants
News.com.au
13-05-2025
- Business
- News.com.au
Facing prosecution: Aussies warned against taking ‘Finfluncer advice'
Taxpayers are being warned just because someone has a large following, it doesn't make them a tax expert, with TikTok 'Finfluencers' and AI being called out ahead of the end of financial year. With tax season approaching, the accounting industry body warns of the pitfalls of getting free advice from social media platforms, noting Aussies face big fines and prosecution if they falsify their tax return. Chartered Accountants Australia and New Zealand tax lead Jenny Wong, said it's concerning many Aussies will watch this content and assume they are getting free expert advice. 'In many cases the advice from these accounts is simply wrong. In other cases, the claims have an ounce of truth but would apply only to a very small group of workers,' she said. According to Ms Wong, getting bad tax advice could result in missing out on legitimate entitlements or worst still, big fines and even prosecution. CPA Australia took aim at some of the TikTok users' advice, including claiming a pet as a 'guard dog' while working from home. Another claimed they can deduct the cost of a luxury handbag by telling the ATO it is used as a work bag, while a third told Australians they can claim thousands in fuel rebates without a receipt. 'Exaggerating a claim can have consequences. Making false tax claims could result in hefty fines, a criminal record or even imprisonment. Arguing that you took advice from a finance influencer on TikTok won't cut it – your tax is your responsibility,' she said. Ms Wong also warned ChatGPT and other OpenAI tools which should also be treated with caution. 'Nothing can beat the sound advice of a professional tax agent,' she said. 'AI tools are only as good as the information you put into them. It may be tempting to ask AI bots for tips, but they are simply not able to compute the nuances of the Australian tax system or your specific circumstances.' Instead of relying on tax tips online Ms Wong offers:
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Business Standard
12-05-2025
- Business
- Business Standard
ICAI revised schedule for CA Inter and Final exams 2025. Full details here
The Institute of Chartered Accountants of India (ICAI) has shared a revised schedule for the CA Intermediate and Final exams 2024. The examination, which was initially scheduled to take place between 9 and 14 May 2025, has been postponed due to the India-Pakistan escalation. ICAI has revised the schedule, and now these exams will take place between May 16 and 24, 2025. 18 May INTT – AT, Paper – 2 13 May 18 May CA Intermediate (Group II) Paper – 4 9 May 20 May CA Intermediate (Group II) Paper – 5 11 May 22 May CA Intermediate (Group II) Paper – 6 14 May 24 May ICAI's revised schedule notification ICAI decided to reschedule the exam due to improved security conditions in the country. The ICAI issued an official notification, which read, 'In continuation to the Institute's Important Announcement No. 13-CA (EXAM)/2025 dated 13th January 2025 read with Important Announcement No. 13-CA (EXAM)/2025/II dated 8th May 2025 it is hereby announced for general information that in view of the favourable developments in the security situations in the country; it has now been decided that the Chartered Accountants Final, Intermediate and INTT-AT (PQC) examinations earlier scheduled from 9th May 2025 to 14th May 2025 will now be held from 16th May 2025 to 24th May 2025.' The institute has already shared the admit cards, and there will be no changes in the exam centres or timings. All the students are advised to appear at their assigned centres on the new dates mentioned. CA Foundation exam The CA Foundation exam will take place as per the original schedule, i.e., on 15, 17, 19 and 21 May 2025. Students are advised to check the ICAI website regularly for any further updates.
Hindustan Times
12-05-2025
- Business
- Hindustan Times
ICAI releases revised schedule for CA Inter, Final Exams 2025; check new dates here
The Institute of Chartered Accountants of India, ICAI, has issued a revised timetable for the CA Intermediate and Final exams scheduled to be conducted from May 9 to May 14, 2025 but were postponed amid tense and security situation in the country. As per the official notice, the examinations will be conducted from May 16, 2025 to May 24, 2025. Also read: HBSE Haryana board result 2025 news: Steps to check 10th, 12th results when out It further stated the rescheduled examinations, will be held at the same examination centres and at the same timings - 2 PM to 5 PM (IST) / 2 PM to 6 PM (IST). Additionally, admit cards already issued would remain valid for the rescheduled dates. Also read: Maharashtra SSC Result 2025 Date: MSBSHSE 10th results on May 13, know websites to check Also, as per the ICAI, the Chartered Accountants Foundation May 2025 examination will be held as per the schedule, that is on May 15, 17, 19 and 21, 2025. The ICAI further stated that there would be no change in the examination schedule in the event of any day of the examination scheduled being declared a Public Holiday by the Central Government or any State Government / Local Holiday. Also read: IIT JEE Advanced admit cards out at direct link to download As already mentioned above, the ICAI had postponed the exams following the launch of Operation Sindoor. The remaining papers of Chartered Accountants Final, Intermediate and Post Qualification Course Examinations [International Taxation – Assessment Test (INTT AT)] May 2025 was scheduled from May 9 to May 14, 2025. For more related details, students are advised to check the ICAI website.
News18
11-05-2025
- Business
- News18
ICAI CA May 2025 Exams: Revised Schedule Released For Inter, Final Courses; Check Details
Last Updated: The exams which were scheduled to be held from May 9 to May 14 will now take place from May 16 to 24, as per the official notice by ICAI. The Institute of Chartered Accountants of India (ICAI) had earlier postponed the ongoing Chartered Accountant Final, Inter and Post Qualification Course Examinations (INTT AT) amid the soaring tensions between India and Pakistan. The institute has announced the revised date sheet now. The exams which were scheduled to be held from May 9 to May 14 will now take place from May 16 to 24, as per the official notice. 'In continuation to the Institute's Important Announcement No. 13-CA (EXAM)/2025 dated 13th January 2025 read with Important Announcement No. 13-CA (EXAM)/2025/II dated 8th May 2025 it is hereby announced for general information that in view of the favourable developments in the security situations in the country; it has now been decided that the Chartered Accountants Final, Intermediate and INTT-AT (PQC) examinations earlier scheduled from 9th May 2025 to 14th May 2025 will now be held from 16th May 2025 to 24th May 2025…," read the official notice by ICAI. Admit Cards already issued would remain valid for the rescheduled dates. The ICAI has announced that there would be no change in the exam schedule in the event of any public or local holiday announced by the government. ICAI CA May 2025 Exams: Revised Schedule The CA Final Group I exams were held on May 2, 4, and 6, while the Group II exams were scheduled to take place on May 8, 10, and 13. Similarly, the ICAI CA Intermediate Group I exams were conducted between May 3 to May 7 however, the Group II exam which were scheduled to be held on May 9, 11, and 14, have been postponed. As per ICAI's passing criteria, candidates need to score at least 40 per cent in each paper. To pass, they must have an overall score of 55 per cent in the Foundation exam and 50 per cent in the Intermediate exam. First Published: May 11, 2025, 12:10 IST
NDTV
11-05-2025
- Business
- NDTV
CA Exams Scheduled From May 9-14 Postponed Due To Security Situation, Check New Dates
CA Exams May 2025 New Dates: Amid a heightened security situation in the country, the Institute of Chartered Accountants of India (ICAI) has once again deferred the Chartered Accountants Final, Intermediate, and International Taxation - Assessment Test (INTT-AT) examinations, which were originally scheduled from May 9 to May 14. The exams will now be held from May 16 to May 24. As per the revised schedule, the Final Examination (Group II) Paper 5 on Indirect Tax Laws and INTT-AT Paper 1 on Transfer Pricing, earlier scheduled for May 10, will now be held on May 16. Similarly, Final Paper 6 on Integrated Business Solutions and INTT-AT Paper 2 on International Tax - Practice, scheduled for May 13, has been moved to May 18. The Intermediate Examination (Group II) Paper 4, Cost and Management Accounting, earlier set for May 9, will now be conducted on May 20. Paper 5 on Auditing and Ethics, originally planned for May 11, will take place on May 22, while Paper 6 on Financial Management and Strategic Management, scheduled for May 14, is rescheduled for May 24. The examination centres and timings remain unchanged, with papers scheduled from 2pm to 5pm or 2pm to 6pm, as applicable. Admit cards already issued will remain valid for the rescheduled dates. The Chartered Accountants Foundation May 2025 examinations will proceed as planned on May 15, 17, 19, and 21. "There would be no change in the examination schedule in the event of any day of the examination scheduled being declared a public or local holiday," ICAI clarified in its notice. Candidates are advised to visit the official website for regular updates.
