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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 333 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 519 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 53925 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 100121 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 615 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 198 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 1077 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 1086 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 1569 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 585 Views 0 comment Print


ICAI Reprimands CA for failure to disclose non-compliance in audit report

May 28, 2024 603 Views 0 comment Print

CA Pradeep Kumar Gupta reprimanded by ICAI for professional misconduct, including failure to disclose non-compliance in audit report for FY 2011-12.

ICAI Reprimands CA for issues with bank reconciliation & improper accounting.

May 28, 2024 675 Views 0 comment Print

CA Arun Rathi reprimanded by ICAI Disciplinary Committee for professional misconduct, involving issues with bank reconciliation and improper accounting.

ICAI Fines CA for Negligence in AOC-4 Certification & Non-communication with Previous Auditor

May 28, 2024 720 Views 0 comment Print

ICAI Disciplinary Committee imposes Rs. 25,000 fine on CA. Ravi Gandhi for failing to communicate with the previous auditor and negligence in certifying Form AOC-4.

CA Reprimanded by ICAI for employment contract Violation & data theft

May 28, 2024 543 Views 0 comment Print

ICAI’s Disciplinary Committee reprimands CA. Shubham Agarwal for professional misconduct, including client solicitation, data theft, and operating an unregistered firm.

ICAI Penalises CA for Withholding Audit Report & Documents

May 28, 2024 762 Views 0 comment Print

ICAI Punishes CA for failing to submit an audit report for the Ranchi Educational Society for the financial year 2017-18, withholding audit documents, and causing issues with the society’s income tax return filing

ICAI Reprimands CA for misconduct over TDS issues & wrongful fund retention

May 28, 2024 396 Views 0 comment Print

ICAI reprimands Jharkhand-based CA Anita Kumari for professional misconduct over TDS issues and wrongful retention of funds as per disciplinary order.

ICAI Bars CA for One Year Over 15CB Certification Lapses

May 28, 2024 813 Views 0 comment Print

ICAI removes CA Mohandas Belle Shetty from membership for a year over certification of Form 15CB without due diligence, causing financial loss to a bank.

ICAI Fines CA for Accepting Audit Without Prior Communication with previous auditor

May 28, 2024 273 Views 0 comment Print

ICAI Disciplinary Committee imposes ₹25,000 fine on CA Mohammad Shahbaz Ansari for professional misconduct in accepting audit engagements.

Simplifying reporting of Fixed Deposit with Banks in Ind AS Financial Statements

May 25, 2024 34668 Views 1 comment Print

Learn how to report fixed deposits of varying maturities and categories in Ind AS financial statements with this detailed guide and examples.

Ind AS 109 Hedge Accounting: Fair Value vs Cash Flow Hedges

May 24, 2024 9402 Views 0 comment Print

Learn about Ind AS 109 hedge accounting, focusing on fair value and cash flow hedges. Discover their differences, accounting treatments, and practical applications.

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