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CA, CS, CMA

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

Latest Articles


Analysis of Notifications and Circulars for Week ending 9th February 2025

CA, CS, CMA : Key regulatory updates from Income Tax, GST, SEBI, RBI, and DGFT for the week ending Feb 9, 2025, covering tax amendments, complia...

February 12, 2025 1047 Views 0 comment Print

CS Profession@2047- Aspirations & Expectations

CA, CS, CMA : As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 204...

February 10, 2025 618 Views 0 comment Print

February 2025 Due Date Calendar for Tax & Compliance

CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...

February 8, 2025 13536 Views 0 comment Print

Cost Records & Audit in Construction Industry: Applicability & Benefits

CA, CS, CMA : Understand cost records and audit rules for the construction industry, including applicability, special features, and benefits for...

February 8, 2025 270 Views 0 comment Print

Control Area Checklist for Valuation of Inventories in Oracle Fusion

CA, CS, CMA : Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies ...

February 7, 2025 234 Views 0 comment Print


Latest News


ICAI Revises Guidelines for CA Firm Mergers and Demergers

CA, CS, CMA : ICAI issues updated Merger and Demerger Guidelines 2024 to streamline processes for CA firms, encouraging strategic mergers. Effec...

February 11, 2025 219 Views 0 comment Print

ICAI Announces Live Virtual Classes for CA Foundation

CA, CS, CMA : ICAI to begin live virtual classes from Feb 13 for CA Foundation May & Sept 2025 exams. Interactive sessions with recorded lecture...

February 11, 2025 114 Views 0 comment Print

ICAI 2024-25 Highlights: Innovation, Growth, and Collaboration

CA, CS, CMA : Explore ICAI's 2024-25 initiatives, including tech adoption, global expansion, MSME support, financial literacy, and alignment wit...

February 10, 2025 159 Views 0 comment Print

Online Empanelment for Concurrent Audit of Central Bank of India

CA, CS, CMA : Apply online for Concurrent Audit assignments with Central Bank of India for the financial year 2025-26. Check eligibility and req...

February 5, 2025 43117 Views 0 comment Print

CSR & Social Governance: Practice Questions – Professional Programme (New Syllabus)

CA, CS, CMA : Practice questions on Social Impact Assessment & CSR Audit, covering impact analysis, principles, methods, and taxation aspects fo...

February 4, 2025 273 Views 0 comment Print


Latest Judiciary


CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...

July 16, 2024 3615 Views 0 comment Print

ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...

July 10, 2024 4782 Views 0 comment Print

Non-empanelment due to non-compliance with tender conditions: Patna HC Dismisses CA Firm’s Petition

CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...

June 30, 2024 396 Views 0 comment Print

SC upholds Restriction on Number of Section 44AB Tax Audit imposed by ICAI 

CA, CS, CMA : Supreme Court upholds ICAI’s limit of 60 tax audits per CA, validating it as a reasonable restriction under Article 19(1)(g) of ...

May 23, 2024 2082 Views 0 comment Print

Delhi HC Dismisses Plea to Postpone CA Exams Amid Election Concerns

CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....

May 8, 2024 627 Views 0 comment Print


Latest Notifications


ICAI Penalizes CA for Accepting Audit Without Prior Communication or Fee Settlement

CA, CS, CMA : CA Ashish Baheti was found guilty of professional misconduct for accepting audit work without communicating with the previous audi...

February 6, 2025 1947 Views 0 comment Print

ICAI Penalizes CA for Accepting Audit Without Notifying Previous Auditor

CA, CS, CMA : ICAI penalizes a CA for professional misconduct under the Chartered Accountants Act, 1949, involving statutory audit acceptance wi...

February 6, 2025 30018 Views 0 comment Print

ICAI Guidelines for Merger & Demerger of CA Firms

CA, CS, CMA : ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms...

February 1, 2025 1896 Views 0 comment Print

ICAI Aggregation of LLPs Guidelines 2024: Key Provisions

CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...

January 23, 2025 2355 Views 0 comment Print

ICAI Disciplinary Actions Against Chartered Accountants – 3rd January 2025

CA, CS, CMA : ICAI announces disciplinary actions for professional misconduct against five Chartered Accountants, including suspensions and fine...

January 3, 2025 7674 Views 0 comment Print


ICAI has suo moto powers to initiate disciplinary actions against CAs without written complaint

December 21, 2022 2667 Views 0 comment Print

HC held that ICAI can exercise Suo Moto powers and initiate disciplinary proceedings against its member Chartered Accountants without a written complaint.

Chartered Accountant Institute can suo moto initiate disciplinary proceedings against its member

December 21, 2022 1989 Views 0 comment Print

Delhi High Court held that Section 21 of the Chartered Accountants Act, 1949 provides suo moto power to the institute to initiate disciplinary proceedings against its member without any written complaint/ allegation.

ICAI direct members to Comply with mandatory CPE hours’ requirements

December 20, 2022 8631 Views 0 comment Print

Comply with the mandatory CPE hours’ requirements for the Calendar Year 2022 and block period (2020-2022) till 31st December 2022 as no further extension

Quick Snapshot on IND AS 109 – Financial Instrument

December 16, 2022 15252 Views 0 comment Print

Get a quick overview of IND AS 109 – Financial Instrument with definitions, initial recognition, subsequent recognition, classification, and hedge accounting.

ICAI removes name of 10 Members with effect from 16th December, 2022

December 16, 2022 7782 Views 0 comment Print

ICAI removes name of 10 Members with effect from 16th December, 2022 In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007. THE INSTITUTE OF CHARTERED ACCOUNTANTS […]

IND AS 16 – Capitalization of Plant & Depreciation

December 13, 2022 16317 Views 0 comment Print

Learn the intricacies of IND AS 16 – Capitalization of Plant & Depreciation. Understand recognition criteria, elements of cost, and depreciation component-wise. Practical examples guide you through proper allocation and accounting practices. Need assistance? Contact us for expert advice.

Quick Walk – IND AS 115 – Revenue Recognition

December 13, 2022 1620 Views 0 comment Print

Explore the quick walk-through of IND AS 115 – Revenue Recognition. Learn the critical steps, including identifying contracts, performance obligations, measuring progress, and allocating transaction prices.

ICAI objected on Article titled “Don’t rely on Insurance Agents or CAs for financial advise”

December 10, 2022 2967 Views 0 comment Print

We would like to draw your attention to an article titled Don’t rely on Insurance Agents or CAs for financial advise published in the ‘Deccan Herald’ dated 05.12.2022. The article written by Ms. Mrin Agarwal, Director, Finsafe India

E-Voting In ICSI Elections-Good Initiative By MCA

December 8, 2022 1164 Views 0 comment Print

MCAI notifies Company Secretaries (Election to the Council) (Amendment) Rules, 2022 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 8th December, 2022 G. S.R. 866(E).—In exercise of the powers conferred by clause (a) of sub-section (2) of section 38A read with clause (a) of sub-section (2) of section 9 of the Company Secretaries Act, 1980 […]

Costing Lens provide check functions on use of Poor Quality material in Manufacturing Concern

December 8, 2022 1404 Views 3 comments Print

Explore how Costing Lens in Internal Audit can prevent fraud related to the use of poor-quality material in the manufacturing sector. Discover key checks, including input-output ratios, wastage/scrap ratios, process time analysis, and machine efficiency impact. Learn how to identify and address quality-related challenges to optimize efficiency and reduce costs.

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