Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : When it comes to auditing, planning carefully and doing things accurately are crucial for a successful audit. This easy guide expl...
CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...
CA, CS, CMA : Learn how to calculate turnover for derivatives, speculative transactions, and multiple businesses as per ICAI's revised 2023 guid...
CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...
CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...
CA, CS, CMA : Learn who can become a CS Mitr under the CS Mitr Scheme, the incentive structure, and essential eligibility criteria. Read the dis...
CA, CS, CMA : ICAI announces empanelment of members as observers for September/November 2024 Chartered Accountants Examinations. Eligible member...
CA, CS, CMA : ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application ...
CA, CS, CMA : Invitation for CA firms to audit XBRL India. Requirements, eligibility criteria, application process, and terms. Apply by 09/08/20...
CA, CS, CMA : Discover the latest updates from the Institute of Chartered Accountants of India for 2025 exams. Detailed analysis of course publi...
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...
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...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
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 ...
CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....
CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...
CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...
CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...
CA, CS, CMA : Explore the ICAI Board of Discipline's ruling on an audit dispute where the respondent's communication via registered post was dee...
CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...
AS 5 – Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies prescribe the classification and disclosure of certain items in the statement of profit and loss so that all enterprises prepare and present such a statement on a uniform basis.
Accounting Standard (AS) 4- Contingencies and Events Occurring After the Balance Sheet Date deals with the treatment in financial statements of (a) contingencies, and (b) events occurring after the balance sheet date.
Accounting Standard (AS) 3 Cash Flow Statements deals with the provision of information about the historical changes in cash and cash equivalents of an enterprise by means of a cash flow statement which classifies cash flows during the period from operating, investing and financing activities.
AS 2 – Valuation of Inventories deals with the determination of such value, including the ascertainment of cost of inventories and any write-down thereof to net realisable value.
AS 1 – Disclosure of Accounting Policies deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements.
Few days after an untimely death [by suicide or murder?] of a film actor in Hindi Film industry hit the headlines in print and electronic media his Chartered Accountant’s name surfaced. As soon as CA’s name flashed Herambh Shastri Chartered Accountant by profession [ not related to any dead or alive Chartered Accountant ] started instantly thinking about the role of CA in such high profile case of death of upcoming actor, sitting in the chair looking at ceiling fan. His analytical mind was working at high speed.
Granting exemption to Graduates and Post Graduates from the recognized Universities from appearing in CSEET and enabling them to take direct admission in CS Executive Programme.
The Ministry of Finance had asked ICAI to constitute a task force of 7 representatives to look into the technical glitches / issues being faced on the new Income Tax portal. Accordingly, taking cognizance of the matter, a team of 7 members was constituted by CA. Nihar N Jambusaria, President, ICAI to analyse the issues being faced reg. new portal.
Accounting standards have been developed in India over time. It is also called Ind As. Such standards need to be adopted by various corporate form and NBFCs in India under the supervision of the Accounting Standards Board (ASB). The Accounting Standards Board was established in 1977 as a regulator and body. ASB is a professional […]
To achieve success in life, goal setting plays a crucial role in creating a roadmap and plan of action. Goal setting puts you in the front seat and gives you the power to change your life or accompany you into the future. As tempting as they sound, these goals are more often abandoned. To be […]