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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


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 66 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 2nd February 2025

CA, CS, CMA : Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th Januar...

February 7, 2025 1710 Views 0 comment Print

The Invisible Treasures (IND AS 38 – Intangible Assets)

CA, CS, CMA : IND AS 38 defines intangible assets like patents, software, and brand value. Learn recognition, valuation, and disclosure criteria...

February 6, 2025 246 Views 0 comment Print

Top 10 Highlights of Union Budget 2025 Direct Taxes

CA, CS, CMA : Discover the key direct tax highlights of Union Budget 2025, including income tax exemptions, revised slabs, and new TDS limits fo...

February 2, 2025 1857 Views 0 comment Print

Union Budget: Analysis of changes in Goods & Service Tax

CA, CS, CMA : Detailed analysis of GST amendments in Union Budget 2024. Key highlights include ISD reforms, voucher taxability, ITC rules, and t...

February 1, 2025 2817 Views 3 comments Print


Latest News


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 41500 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 228 Views 0 comment Print

ICAI Guidelines 2024: CA Firm & LLP Aggregation Rules

CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...

February 4, 2025 606 Views 0 comment Print

Bank Branch Auditors’ Draft Panel of CAs/firms for 2024-25

CA, CS, CMA : ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries un...

January 31, 2025 57982 Views 0 comment Print

Empanelment for Concurrent Audit with Union Bank of India

CA, CS, CMA : Union Bank of India invites Chartered Accountant firms to apply for empanelment as Concurrent Auditors for the period up to March ...

January 28, 2025 256362 Views 19 comments 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 3600 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 4776 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 2076 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 624 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 1521 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 7974 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 1518 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 2280 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 7605 Views 0 comment Print


Internal Controls and Audit

October 17, 2020 15600 Views 0 comment Print

Internal Controls are systematic and procedural steps adopted by an organization to mitigate risks, primarily in the areas of financial accounting and reporting, operational processing and compliance with laws and regulations. Internal Controls (ICs) are essentially risk mitigation steps taken to strengthen the organization’s systems and processes, as well as help to prevent and detect […]

Family Arrangement Overview

October 16, 2020 36147 Views 0 comment Print

Meaning of Family Settlement/Arrangement In the case of Sk Satter Sk. Mohd. Choudhary. Gundappa Amabadas Bukate, AIR 1997 SC 998, the Apex Court relying upon the definition of Family Arrangement in Halsbury’s Laws of England held that a family arrangement is intended to be generally and reasonably for the benefit of the family either by compromising doubtful […]

Life is not about Success & Failure

October 16, 2020 3423 Views 1 comment Print

Life is not only about success and failures. Except few almost everyone here on this planet live their life with pre-conception in their mind about success and failure. What happening due to this, we lost simplicity and real joy of living. Consequences of Living such kind of life:- Stress Over burdened Out of Focus Health […]

Troubleshooting Excel Files with unjustified size or opening/loading time

October 15, 2020 2784 Views 1 comment Print

We all have came across than one excel file which does not contain that much information but still taking up a space of several MBs and makes our PC standstill while opening or editing it. You might have wondered what is the extra data that is stored in that file. Here are few tips that […]

Exporting Ledgers/Reports with date from Tally in Educational mode

October 15, 2020 18735 Views 0 comment Print

Tally allows only limited features in its Education Mode, which allows you to pass entries only on opening and closing dates of a Month. The same applies while exporting data to excel. Only opening and closing entries have date along with them and the rest labeled as “Educational Mode”. There is easy workaround for getting […]

ICAI issues Guideline for website of CA Members & CA Firms

October 14, 2020 5280 Views 0 comment Print

It is pertinent to note that following contents and features on the Websites of members and Firms are prohibited :- (1) Mention of Names of clients / Client Logo (2) Writing of Firm name in a manner tantamounting to Logo/Monogram (3) Mention of Professional Fees, or fact of providing services free of charge

Revised Schedule of CA Examinations, November 2020

October 13, 2020 12930 Views 0 comment Print

In view of prevailing circumstances; it has now been decided that the   Chartered Accountant Examinations earlier scheduled from 1st November 2020 to 18th November 2020: now to be held from 21st  November 2020 to 14th December, 2020 as per details given below.

Provisional Registration in CA Foundation Course after passing Class X Exam

October 13, 2020 597 Views 0 comment Print

Students after passing Class 10th examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government or the State Government as equivalent thereto, may provisionally register in Foundation Course of ICAI.

Procedure for Issue of ESOP & benefits of its introduction in Startups

October 12, 2020 4338 Views 2 comments Print

Procedure for introducing ESOP scheme and benefits of introducing ESOP scheme in Startups In recent years,startups have proven to be very successful in India. It has been observed that startups are budding at a rate of 10-12% per year. Startups to be successful must retain their hardworking employees and at the same time have to […]

Disruptive Technologies Transforming Audit : Time for CAs to Upskill

October 10, 2020 3666 Views 0 comment Print

Artificial Intelligence, Blockchain, Cloud Computing, Cyber Security, Data Analytics, Internet of Everything, Robotic Process Automation are the new buzz words in today’s times and are the new ABCDEs of this era. With investments and valuations in these emerging technologies (broadly referred to as Industry 4.0), skyrocketing, companies across the globe are striving hard to develop […]

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