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With the onset of the IND AS in the Corporate world and the tightening screws of the Ministry of Corporate Affairs, ICAI has come up with a series of Exposure Drafts to revamp the Accounting Standards that were erstwhile issued. This move is to ensure that the older accounting standards are in line with IND […]...
Read MoreAccounting of Loans under Ind AS Two Ind AS would be referred for the accounting of loans: Ind AS 109 (Financial Instruments) and Ind AS 113 (Fair Value Measurement). As per Ind AS 109, financial instruments have to be measured at fair value at its initial recognition as per the methodology given by Ind AS […]...
Read MoreAs Thomas A Edison once said I have not failed I have found 10000 ways that won’t work. What is failure? Dictionary defines failure as a state of not meeting desirable or intended objective. If we try to understand this meaning we can draw a conclusion that the result of our effort was not as per our defined objective....
Read MoreUDIN APPLICABLE & NOT APPLICABLE LIST AS PER PDC-ICAI ■ APPLICABLE LIST: (i) Certificates issued on the basis of Financial books of accounts and annual financial statements-Capital Contribution Certificate/net worth certificate (ii) Certificates issued on the basis of Financial books of accounts and annual financial statements ̵...
Read MoreAs you are aware, results of all stages of CA Exam for November/December, 18 attempts has been declared by ICAI. Some Students are able to clear their exams and some are not able to get their desired results. All of us are aware that, CA Exam is one of the toughest exams of India. CA […]...
Read MoreIBBI seeks to appoint a Chartered Accountant (CA) firm as Internal Auditor for performance of work defined in the later part of this tender document. The appointment of CA firm shall be for a period of two years, i.e., for the financial years 2019-20 and 2020-21. ...
Read MoreICAI ARF assigned the task of reopening of the books and recasting of the financial statements of IL&FS, IFIN and ITNL from Financial Year 2012-13 to Financial Year 2017-18...
Read MoreThe next practical training assessment test is being scheduled on March 10, 2018. The students who have completed their 1st/ 2nd year of practical training during the second/ third/ fourth quarter of 2018, i.e. April-June, 2018, July-September, 2018 and October-December, 2018 are eligible to appear in this test....
Read MoreE-Capsule Compiler for Quick Revision The Board of Studies has recently launched e-Capsules on ICAI Cloud Campus which are a compilation of subject-wise capsules published in “The Chartered Accountant Student” – a monthly journal released by the Board of Studies. The capsules have been started in the Students’ Journal from Apr...
Read MoreEducational Material on Indian Accounting Standard (Ind AS) 111, Joint Arrangements This Educational Material on Ind AS 111, Joint Arrangements will provide guidance to the stakeholders in how an entity that is a party to a joint arrangement to determine the type of joint arrangement by assessing its rights and obligations and to accou...
Read MoreRitu Bhatia Vs Ministry Of Civil Supplies consumer Affairs & Public Distribution And Others (Supreme Court of India) - Working experience as an Assistant Company Secretary or a Management Trainee cannot be treated as equal to a Company Secretary so as to become eligible for the post of Company Secretary....
Read MoreLalit Agrawal Vs ICAI & ANR (Delhi High Court) - Lalit Agrawal Vs ICAI & ANR (Delhi High Court) Hon;ble Court is unable to accept the contention that the Board of Discipline does not have the jurisdiction to examine the alleged misconduct which includes Sexual Harrassment on the part of the petitioner. Clause (2) of Part-IV of the First Schedu...
Read MoreShri Nizar Mawani Vs Shri Ajay Moreshwar Antarkar (ICSI) - Shri Nizar Mawani Vs Shri Ajay Moreshwar Antarkar (ICSI Disciplinary Committee ) The Disciplinary Committee and after considering all the material on record and after considering all the facts and circumstance of the matter observed that the instant case has arisen out of an affidavit purportedly fi...
Read MoreCouncil of the ICAI Vs Shri Gurvinder Singh & Anr. (Supreme Court of India) - Council of the ICAI Vs Shri Gurvinder Singh & Anr. (Supreme Court of India) The Supreme Court observed that the chartered accountants can be proceeded against for their acts which bring disrepute to the profession whether or not related to his professional work. The bench comprising Justice Rohi...
Read MoreHere are the things, which, if followed, I assure that you will be confident in each of your exam (provided you have completed the subject 2-3 times): 1. Sleep for 7 hours in the night just before the day of your exam. That is only way to RECALL everything you have read so far while writing the ...
Read MoreNo.13-CA (EXAM)/CPT/June/2019 - (15/02/2019) - ICAI announces timetable, Examination Centre, Fees, Forms and Last date of Form submission for next Common Proficiency Test which will be held on Sunday, 16th December, 2018 in two sessions....
Read MoreNo. 13-CA (EXAM)/M/2019 - (14/02/2019) - ICAI announces timetable, Examination Centre, Fees, Forms and Last date of Form submission for next CA Foundation, IPC, Intermediate, CA Final (Existing & Revised Scheme) Examinations etc. to be held in November, 2018....
Read MoreNotification No. F. No. CWA/21/2019 - (01/02/2019) - A Cost Accountant is required to undergo a mandatory training before applying for Certificate of Practice or within six months of getting the Certificate of Practice. The duration of the training will be for six days or 36 hours with course fees as may be fixed by the Council from time to time....
Read MoreNotification No. 4, 5 & 6 of 2018 - (31/12/2018) - Following members have been declared elected from EIRC, SIRC, NIRC (in the order elected) after the counting of votes held from 28th December, 2018 to 31st December, 2018...
Read MoreNotification No. 54-EL(1)/16/2018 - (28/12/2018) - ICAI is pleased to notify for general information the names (in alphabetical order), membership numbers and places of the members, who have been elected to the Twenty Third Regional Councils of the Institute as given below:-...
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No.13-CA (EXAM)/CPT/June/2019 - (15/02/2019) -
No. 13-CA (EXAM)/M/2019 - (14/02/2019) -
Ritu Bhatia Vs Ministry Of Civil Supplies consumer Affairs & Public Distribution And Others (Supreme Court of India) -
