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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 100118 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


Expression of Interest under Insolvency & Bankruptcy Code, 2016

June 21, 2023 12291 Views 0 comment Print

Learn about Expression of Interest (EOI) under Insolvency & Bankruptcy Code, 2016. Explore Regulation 36A, detailing the issuance of EOI by resolution professionals for corporate debtors’ revival. Understand key details, eligibility criteria, documents required, and the publication process. Definitions and regulations provided under Section 5(26), Section 5(25), and Section 3(8) of IBC, 2016. Discover where EOIs are published and the prescribed form for publication.

Importance of Internal Audit in Organizational Governance

June 21, 2023 1113 Views 0 comment Print

Internal audit is a critical function within organizations that helps ensure effective governance, risk management, and control processes. By providing independent and objective assessments, internal audit plays a vital role in enhancing transparency, accountability, and overall organizational performance.

Importance of Internal Audit for SME’s

June 21, 2023 1386 Views 0 comment Print

This article highlights the importance of internal audit specifically tailored for SMEs and how it can contribute to their overall success.

ICAI Announces New Scheme of Education and Training

June 21, 2023 90573 Views 1 comment Print

ICAI made a significant announcement regarding the formulation of a New Scheme of Education and Training. This scheme aligns with International Education Standards and the National Education Policy, 2020 (NEP). The ICAI has taken into account inputs from various stakeholders and has notified the scheme in the Gazette of India, set to be implemented from July 1st, 2023.

Understanding the Distinction: Internal Audit vs. Internal Financial Controls

June 20, 2023 5655 Views 0 comment Print

Explore the distinct yet interrelated roles of Internal Audit and Internal Financial Controls in ensuring financial integrity and effective risk management in an organization.

SAS 300 Promoting Education, Employability and Livelihoods

June 20, 2023 1575 Views 0 comment Print

Discover the impact of SAS 300 in promoting education, employability, and livelihoods. Uncover the processes and evaluation methodologies for social auditors, addressing challenges and key metrics. Explore the role of data collection, key questions, and metrics in assessing the social impact. Learn about the challenges and limitations faced during the audit and gain insights into promoting a brighter future through education.

How to deal With Conflicts at Workplace in Context of Armed Forces

June 20, 2023 1737 Views 1 comment Print

Learn effective conflict resolution in the workplace, tailored to the unique context of Armed Forces. Understand various conflict types, from task to relationship conflicts, and explore the key factors differentiating military and corporate environments. Discover strategies like active listening, embracing Theory Y leadership, and addressing employees’ fundamental needs—appreciation, affiliation, autonomy, and status—for conflict prevention and resolution. Navigate conflicts with insight and harmony.

Simplified: Concept of Deferred tax and its presentation in financial statement

June 19, 2023 24021 Views 1 comment Print

Discover the concept of Deferred Tax and its impact on balance sheets and profit and loss accounts. Explore the two approaches used by companies to calculate deferred tax amounts: AS-22 and IND AS-12. Learn how timing differences, such as depreciation, unabsorbed depreciation, MAT credit, and income received in advance, create deferred tax liabilities or assets.

Ind AS 24 Related Party Disclosures

June 18, 2023 5997 Views 0 comment Print

Unlock the insights into Ind AS 24 Related Party Disclosures. Learn its scope, identification of related parties, disclosure requirements, and the significance it holds for transparency and governance in financial reporting. Comply with Ind AS 24 for trustworthy financial statements.

Even If You Get 0, Go & Give Your Exam: A Tribute to My Father on Father’s Day

June 18, 2023 2205 Views 0 comment Print

On Father’s Day, reminisce about the author’s CA Intermediate Exam days and how their father’s encouragement led them to attempt all exams, despite doubts. Discover the outcome and the importance of believing in oneself. A heartwarming tribute.

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