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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


Year End Closing FY 2024-25: Important Action Points – Volume 1

CA, CS, CMA : Comprehensive checklist for FY 2024-25 year-end closing. Covers books closure, tax compliance, GST, Companies Act, labor laws, and...

March 2, 2025 6432 Views 0 comment Print

Ineffective SEBI Amendments and ICSI’s Passive Response

CA, CS, CMA : SEBI’s new secretarial audit regulations create confusion due to misalignment with ICSI guidelines, raising concerns about regul...

February 28, 2025 561 Views 0 comment Print

Presumptive Taxation for Residents: Key Provisions

CA, CS, CMA : Learn about Section 58 of the Income Tax Bill 2025, which simplifies presumptive taxation for non-residents, including turnover li...

February 27, 2025 579 Views 0 comment Print

सरकारी लेखा प्रणालियों को अद्यतन करने का महत्व

CA, CS, CMA : पुरानी सरकारी लेखांकन विधियों के प्रभाव और एकल औ�...

February 27, 2025 126 Views 0 comment Print

Top 10 Reasons for Audit Committee Underperformance

CA, CS, CMA : Factors like poor composition, weak leadership, limited meetings, and ineffective audits contribute to the underperformance of Aud...

February 27, 2025 333 Views 0 comment Print


Latest News


ICMAI Guidelines on Use of Firm Name and Tender Submissions

CA, CS, CMA : ICMAI issues guidelines on firm name usage, tender submissions, and branch office management. Non-compliance may result in discipl...

February 28, 2025 324 Views 0 comment Print

ICMAI Advisory on Unauthorized Activities by Members 

CA, CS, CMA : ICMAI issues an advisory against unauthorized associations, communications, and petitions affecting its governance and integrity. ...

February 28, 2025 3990 Views 1 comment Print

ICMAI Releases Exposure Draft of Code of Ethics 2025

CA, CS, CMA : ICMAI invites public comments on the Exposure Draft of its revised Code of Ethics, aligning with IFAC standards. Submit suggestion...

February 26, 2025 177 Views 0 comment Print

ICSI Merit-Cum-Means Assistance: Financial Aid for CS Students

CA, CS, CMA : Apply for ICSI Merit-Cum-Means Assistance Scheme 2025 by May 25. Eligibility: Passed Executive Exam in Dec 2024, income limits app...

February 26, 2025 810 Views 0 comment Print

Verification of Marks of Company Secretaries Examinations: December 2024 Session

CA, CS, CMA : Apply for CS December 2024 exam marks verification from Feb 26 to Mar 18, 2025, via the SMASH portal. Fee: ₹250 per subject. Che...

February 26, 2025 2176 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 3645 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 4812 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 405 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 2118 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 633 Views 0 comment Print


Latest Notifications


ICAI Issues Corrigendum for CA Firm Merger Guidelines 2024

CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...

February 20, 2025 249 Views 0 comment Print

ICAI Clears CA of Misconduct Over Alleged Irregularities in Ludhiana Branch Operations

CA, CS, CMA : The Board found CA Hitesh Goyal not guilty of professional misconduct related to allegations about the Ludhiana Branch's functioni...

February 19, 2025 525 Views 0 comment Print

ICAI clears CA from Charge of misappropriation of Rs. 7 crore

CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...

February 18, 2025 861 Views 0 comment Print

CA Cleared of Misconduct Charges in NOC Dispute Case

CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...

February 18, 2025 348 Views 0 comment Print

ICAI Board Clears CA of Misconduct Charges in Swan Telecom Case

CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...

February 18, 2025 174 Views 0 comment Print


ICAI Election 2024: List of Candidates for Central & Regional Council

September 25, 2024 17622 Views 0 comment Print

ICAI announces region-wise nominations received for the 26th Council and 25th Regional Councils’ elections, to be held in December 2024.

ICAI Fines CA for Failing to Obtain NOC Before Engagement

September 25, 2024 2466 Views 0 comment Print

ICAI fines CA Vijaya Mohan Valiathan Rs. 10,000 for failing to obtain a No Objection Certificate from previous auditor before accepting an engagement.

ICAI suspends CA for backdating resignation letter

September 25, 2024 4584 Views 0 comment Print

The Board of Discipline found CA K M Ramakrishnan guilty of misconduct, leading to a 15-day suspension for backdating his resignation letter.

ICAI Fines New Auditor for Not Communicating with Previous Auditor

September 25, 2024 7542 Views 0 comment Print

CA Anand K. found guilty of professional misconduct for not notifying the previous auditor before accepting a new audit assignment. Fine of Rs. 25,000 imposed.

ICAI Suspends CA for for misconduct related to GST payments

September 25, 2024 2637 Views 0 comment Print

CA Ranjit Kumar Yadav has been suspended for three months by ICAI for misconduct related to GST payments, including misappropriation of client funds.

ICAI Reschedules CA Final Exams for November 2024

September 24, 2024 4902 Views 0 comment Print

ICAI has rescheduled CA Final Exams November 2024 due to Diwali. Group-I will start on 3rd November, and Group-II on 9th November. No changes for INTT-AT & IRM exams.

Analysis of Notifications and Circulars for Week ending 22nd September 2024

September 23, 2024 2076 Views 0 comment Print

Explore the latest notifications and circulars from Income Tax, GST, SEBI, and more for the week of September 16-22, 2024. Stay informed on regulatory changes.

What is COSO framework for Internal Controls?

September 22, 2024 2121 Views 0 comment Print

The COSO Framework helps organizations design and assess internal controls, enhancing risk management and compliance through five key components.

Format of Request Letter for Closing Company Bank Account & Fund Transfer

September 22, 2024 18405 Views 0 comment Print

Sample request letter for closing a company’s current bank account and transferring the balance to another account. Includes required details and documents for closure.

20 Common Causes Of Failure In CA Exams

September 21, 2024 1083 Views 0 comment Print

Explore the 20 common reasons students fail CA exams and how to improve for success. Learn key strategies for effective preparation and performance.

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