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Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 747 Views 0 comment Print

Understanding Business Ethics: Importance, Principles and Ethical Dilemmas

Corporate Law : Explore the concept of business ethics, its importance, principles, and how it affects decision-making. Learn about ethical dilem...

August 20, 2023 981 Views 0 comment Print

What are Professional Misconducts of a Chartered Accountant – Part -3

CA, CS, CMA : Discover the professional misconducts of a Chartered Accountant in Part 3 of our series. Learn about the implications and conseque...

September 29, 2022 4401 Views 0 comment Print

Is “Zero Outstanding” of Audit Fee necessary before Signing Audit Report?

CA, CS, CMA : The Word of Caution and the Good News for Auditors: The auditor is now required to ensure zero outstanding of audit fee before sig...

August 20, 2021 28836 Views 4 comments Print

Revised code of ethics & its importance in CA profession

CA, CS, CMA : While the revised Code retains the fundamental ethical principles from the earlier code, it covers refreshed approach and contains...

April 10, 2021 4161 Views 0 comment Print


Latest News


ICAI Reporting Requirements: Fees Disclosure in Revised Code of Ethics

CA, CS, CMA : Learn about ICAI's reporting requirements for fees disclosure under revised Code of Ethics. Discover key details and implications ...

October 7, 2023 8670 Views 0 comment Print

Advisory on Use of designation Chartered Accountant or prefix CA

CA, CS, CMA : Ethical Standards Board The Institute of Chartered Accountants of India 22nd October, 2022 Advisory Sub.: Use of designation ̶...

October 23, 2022 14163 Views 0 comment Print

Volume-I of Code of Ethics, 2019 for CAs Applicable wef 01.10.2022 with changes

CA, CS, CMA : Disclosure is required where for two consecutive years, gross annual professional fees from an audit client represent more than 40...

September 30, 2022 10065 Views 0 comment Print

What are Professional Misconducts of a Chartered Accountant – Part 1

CA, CS, CMA : A Practicing Chartered Accountant abstain from soliciting clients or professional work either directly or indirectly by circular, ...

September 20, 2022 2733 Views 0 comment Print

ICAI Defers certain provisions of Volume-I of Revised Code of Ethics, 2019

CA, CS, CMA : ICAI Council decided that the applicability of provisions related to 1. Responding to Non-Compliance with Laws and Regulations (NO...

April 1, 2022 1995 Views 0 comment Print


Latest Judiciary


SC Upholds CA Rule on Referring Misconduct to Disciplinary Committee

CA, CS, CMA : Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, ...

February 10, 2024 618 Views 0 comment Print

Rule 12 of CA rules not debar Director of Discipline from entertaining 7 year old complaint

Income Tax : Held that rule 12 Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Ru...

September 10, 2022 2724 Views 0 comment Print

HC upheld removal of CA member for other misconduct

CA, CS, CMA : Institute of Chartered Accountant of India Vs Shri. P.P. jay (Karnataka High Court) ICAI submitted that the report of the Institut...

May 1, 2022 1152 Views 0 comment Print

Adjudication of correctness of CA’s report by Disciplinary committee of ICAI, no need once the report passed judicial scrutiny

Income Tax : The court sanctioned the Scheme of Amalgamation vide judgement dated 26.03.2015 and it is apparent that the Court found no fault w...

December 7, 2021 2160 Views 0 comment Print

ICAI Should Give Reasons for its Decisions to De-Register A CA: SC

CA, CS, CMA : D.K. Agrawal Vs Council of Institute of Chartered Accountants of India (Supreme Court of India) Hon’ble Supreme Court held that ...

October 11, 2021 3195 Views 0 comment Print


Latest Notifications


ICAI takes Disciplinary Action against 11 Chartered Accountants

CA, CS, CMA : Explore the recent disciplinary actions taken by the Institute of Chartered Accountants of India in New Delhi, including removals ...

April 16, 2024 1410 Views 0 comment Print

NFRA Debars CA, Imposes 3-Year Ban, Rs. 3 Lakh Penalty for Audit Misconduct

Company Law : Explore the National Financial Reporting Authority's order against CA Pankaj Kumar for professional misconduct in SRS Real Infrast...

January 8, 2024 25803 Views 0 comment Print

NFRA Imposes 10-Year Ban, Rs. 20 Lakh Penalty on CA for Professional Misconduct

Company Law : NFRA imposed a monetary penalty of Rs Twenty Lakhs on CA Anil Chauhan and debarred for ten years from being appointed as auditors ...

January 5, 2024 31248 Views 0 comment Print

ICAI Removes Members: Permanent Removal and 1-Year Suspension

CA, CS, CMA : ICAI takes disciplinary action, permanently removing two members and suspending one for a year. Get the details on the cases, appe...

December 27, 2023 4992 Views 0 comment Print

NFRA imposes penalty on DHFL Branch Statutory Auditor & Debars for 6 Months

Company Law : Read about the NFRA order against CA Aabhas Tiwari for professional misconduct in DHFL audit, including penalties and debarment d...

September 29, 2023 19842 Views 0 comment Print


Latest Posts in code of ethics

ICAI takes Disciplinary Action against 11 Chartered Accountants

April 16, 2024 1410 Views 0 comment Print

Explore the recent disciplinary actions taken by the Institute of Chartered Accountants of India in New Delhi, including removals and fines, in April 2024.

SC Upholds CA Rule on Referring Misconduct to Disciplinary Committee

February 10, 2024 618 Views 0 comment Print

Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, the Supreme Court of India delivered a significant ruling in the case of Naresh Chandra Agrawal vs. Institute of Chartered Accountants of India (ICAI) and Others. This case brought into focus the legal and ethical […]

Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

January 11, 2024 747 Views 0 comment Print

The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates, Mumbai, reveals serious lapses and professional misconduct, unraveling a critical chapter in the realm of corporate governance and auditing standards.

NFRA Debars CA, Imposes 3-Year Ban, Rs. 3 Lakh Penalty for Audit Misconduct

January 8, 2024 25803 Views 0 comment Print

Explore the National Financial Reporting Authority’s order against CA Pankaj Kumar for professional misconduct in SRS Real Infrastructure Limited’s audit. Details of violations, penalties, and implications revealed.

NFRA Imposes 10-Year Ban, Rs. 20 Lakh Penalty on CA for Professional Misconduct

January 5, 2024 31248 Views 0 comment Print

NFRA imposed a monetary penalty of Rs Twenty Lakhs on CA Anil Chauhan and debarred for ten years from being appointed as auditors for non-compliance in Seya Industries Limited’s audit.

ICAI Removes Members: Permanent Removal and 1-Year Suspension

December 27, 2023 4992 Views 0 comment Print

ICAI takes disciplinary action, permanently removing two members and suspending one for a year. Get the details on the cases, appeals, and the regulatory impact.

ICAI Reporting Requirements: Fees Disclosure in Revised Code of Ethics

October 7, 2023 8670 Views 0 comment Print

Learn about ICAI’s reporting requirements for fees disclosure under revised Code of Ethics. Discover key details and implications for CA firms.

NFRA imposes penalty on DHFL Branch Statutory Auditor & Debars for 6 Months

September 29, 2023 19842 Views 0 comment Print

Read about the NFRA order against CA Aabhas Tiwari for professional misconduct in DHFL audit, including penalties and debarment details.

NFRA Penalizes Burnpur Cement Limited Auditors for Audit Lapses

August 21, 2023 12495 Views 0 comment Print

NFRA Penalizes Burnpur Cement Limited Auditors for Audit Lapses, Professional Misconduct, Issues with the Going Concern Assumption, Material Misstatements in Financial Statements, Misrepresentation of Property, Plant, and Equipment (PPE), Bypassing the pivotal step of the Engagement Quality Control Review Process, misleading NFRA and Pervasive Negligence.

Understanding Business Ethics: Importance, Principles and Ethical Dilemmas

August 20, 2023 981 Views 0 comment Print

Explore the concept of business ethics, its importance, principles, and how it affects decision-making. Learn about ethical dilemmas and steps to resolve them.

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