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Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF,  Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.

Latest Articles


GST Litigation & Representation: Role, Responsibilities & Opportunities for CAs

CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...

June 9, 2026 273 Views 0 comment Print

When a Stock Audit Looks Too Good to Be True: Fraud Triangle in a such Audit

CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...

June 8, 2026 495 Views 0 comment Print

165 Legal Compliances and Legal Updates for June-2026 in India

CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...

June 8, 2026 53916 Views 2 comments Print

Impact on Stock Audit Engagements for Related-Party Debtors & Creditors

CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...

June 5, 2026 189 Views 0 comment Print

Buy-Backs as Capital Reduction: Globe Capital Decision by Delhi HC

CA, CS, CMA : The Court held that shares acquired in a buy-back are mandatorily extinguished under company law and therefore cannot be treated a...

June 5, 2026 465 Views 0 comment Print


Latest News


Empanelment with Punjab & Sind Bank for Concurrent Audit: Last Date 15/06/2025

CA, CS, CMA : Apply for concurrent audit assignments at Punjab & Sind Bank for the year 2025-26. Criteria include FCA partner, RBI panel selecti...

June 9, 2026 99677 Views 5 comments Print

Live Virtual Revision Classes for CA Intermediate September 2026 Exams

CA, CS, CMA : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...

June 5, 2026 846 Views 0 comment Print

Empanelment of Resource Persons/Faculty/Experts for Board of Studies, ICAI

CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...

June 4, 2026 609 Views 0 comment Print

ICSI First BI-Annual Western Region Convocation of FY 2026-2027 (First Half)

CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has announced the first bi-annual Western Region Convocation for FY 2026–27...

June 4, 2026 195 Views 0 comment Print

Information Systems Audit – Assessment Test (ISA – AT), 25th July 2026

CA, CS, CMA : ICAI has notified the Information Systems Audit (ISA) Assessment Test for 25 July 2026 in CBT mode. The announcement specifies eli...

June 4, 2026 16104 Views 0 comment Print


Latest Judiciary


ICAI NIRC Member’s Removal Quashed as Short-Notice Meeting Lacked Majority Approval

CA, CS, CMA : The Delhi High Court held that one of the meetings relied upon for automatic vacation of the petitioner’s seat was convened with...

May 10, 2026 1071 Views 0 comment Print

ICAI Cannot Dismiss Spouse Complaint as Family Dispute Without Examining Misconduct: Delhi HC

CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...

April 2, 2026 5925 Views 0 comment Print

Reopening Invalid When AO Travels Beyond SCN: Gujarat HC

CA, CS, CMA : The High Court held that reassessment cannot be based on grounds not mentioned in the original Section 148A notice. Since no incom...

February 17, 2026 420 Views 0 comment Print

Delhi HC Upheld Dismissal of CAG Officer Due to Impersonation & Unauthorised Audits

CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...

January 28, 2026 3924 Views 0 comment Print

CA Withdraws Appeal as Final Removal Order Not First Challenged Before Single Judge

CA, CS, CMA : The High Court held that a direct appellate challenge to the final removal order was not maintainable. The appeal was withdrawn wi...

January 22, 2026 522 Views 0 comment Print


Latest Notifications


NFRA Vacancy Circular for the Young Professionals

CA, CS, CMA : The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Appli...

June 7, 2026 1080 Views 0 comment Print

ICAI Removes 12 CAs After Disciplinary and BOD Orders

CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...

May 29, 2026 1566 Views 0 comment Print

No Mens Rea, No Misconduct: ICAI Clears CA in Alleged Bribery Trap Case

CA, CS, CMA : ICAI Board holds CA not guilty in bribery case, finds no proof of knowledge or intent; mere receipt of packet without mens rea not...

April 16, 2026 1011 Views 0 comment Print

CA Not Liable for Client’s Bogus Entries: ICAI Clears Accountant with No Certification Role

CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...

April 16, 2026 729 Views 0 comment Print

ICAI Removes Member for One Year Due to Proven Professional Misconduct

CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...

April 13, 2026 582 Views 0 comment Print


ICAI Penalises CA for omission of cash flow statement in AOC-4 filing

June 26, 2024 363 Views 0 comment Print

ICAI’s Disciplinary Committee imposed a ₹25,000 fine on CA Uttam Kumar Chauhan for professional misconduct related to an AOC-4 filing error.

ICAI Fines CA for Misstatements in NBFC Audit

June 26, 2024 663 Views 0 comment Print

ICAI imposes ₹25,000 fine on CA Uttam Kumar Chauhan for misstatements in NBFC audit, including fabrication of cash flow and revenue inconsistency.

ICAI Fines CA for Ethics Breach in Audit & Violation of tender rules

June 26, 2024 840 Views 0 comment Print

ICAI imposed ₹15,000 fine on CA Devashish Garodia for audit without proper communication and for violating tender rules meant only for CAs.

ICAI Penalises CA for Misconduct After Partner’s Death

June 26, 2024 567 Views 0 comment Print

ICAI removes CA Surajit Bhowmick’s name for one month and fines him ₹25,000 for misconduct following the death of his firm’s co-partner in June 2020.

CA Penalised for Audit Without communication with previous auditor & Tender Misconduct

June 26, 2024 402 Views 0 comment Print

ICAI Disciplinary Committee fined CA for acceptance of audit assignment without communication with previous auditor and his participation in a government tender that violated ICAI’s tender guidelines dated April 7, 2016

ICAI Fines CA for Failing to Qualify Audit Report

June 26, 2024 3861 Views 0 comment Print

ICAI penalises CA Jeetendra Kumar Amar ₹25,000 for issuing a clean audit report despite unverified product advances, breaching professional standards.

ICAI Fines CA for Violating Tender Participation Norms

June 26, 2024 585 Views 0 comment Print

ICAI imposes ₹15,000 fine on CA Jagdish Mittal for breaching guidelines by participating in a tender without prescribed minimum fees for statutory audit.

ICAI Fines CA for Clean Audit Despite Unverified Product Advance

June 26, 2024 792 Views 0 comment Print

ICAI Disciplinary Committee imposes ₹25,000 fine on CA Jeetendra Kumar Amar for issuing clean audit report despite unconfirmed and unverified Product advance in financial statements.

ICAI Penalises CA for Improper Partnership & unapproved directorship

June 26, 2024 741 Views 0 comment Print

ICAI Committee imposes ₹25,000 fine on CA. Pawan Kumar Agrawal for partnership with unqualified person, unapproved directorship, and failure to communicate with prior auditor.

ICAI Penalises CA for Audit Lapses in Group Companies

June 26, 2024 531 Views 0 comment Print

CA. Ramesh Kumar Maheshwari removed from ICAI register for three months and fined ₹1 lakh for professional misconduct and audit failures.

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