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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


Deferred tax on security deposit as per INDAS 12 or IAS 12

CA, CS, CMA : Understand deferred tax on security deposits under IND AS 12, balancing DTL on ROU assets and DTA on discounted deposits for accur...

August 13, 2024 441 Views 0 comment Print

E-waste Management Rules, 2022 (Overview)

CA, CS, CMA : New e-waste management rules (G.S.R. 801(E)) effective from April 2023 require registration, responsibility, and reporting for man...

August 13, 2024 255 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 387 Views 0 comment Print

Monthly (August-2024) Legal Obligations + Legal updates for India

CA, CS, CMA : Stay informed with February 2024 legal obligations & updates in India. From Income Tax to GST, understand forms, filing dates, & s...

August 13, 2024 29295 Views 1 comment Print

Analysis of Pre-Import Condition Violation: Chiripal Poly Films Ltd. Judgment

CA, CS, CMA : Explore the recent CESTAT judgment on Chiripal Poly Films Ltd.'s alleged violation of the pre-import condition. Key insights on in...

August 10, 2024 645 Views 0 comment Print


Latest News


Empanelment with Bank of Maharashtra for Concurrent/Revenue audit (Last date 14.08.2024)

CA, CS, CMA : Apply now! Bank of Maharashtra seeks Chartered Accountants' firms for FY 2024-25 Concurrent/Revenue Auditors. Apply online by 14.0...

August 13, 2024 114144 Views 13 comments Print

ICAI extends last date to empanel as observers for exam

CA, CS, CMA : ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA...

August 13, 2024 5301 Views 0 comment Print

CMA Santosh Pant Elected NIRC Chairman for 2024-25

CA, CS, CMA : CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan M...

August 5, 2024 255 Views 0 comment Print

Concerns on Corporate Tax, MSME Deductions, GST Rates

CA, CS, CMA : Explore recent updates on corporate tax rates, MSME concerns over tax deductions, and GST rates for shawls as addressed in Lok Sab...

August 5, 2024 306 Views 0 comment Print

ICAI President’s August 2024 Message: Exam Results & Economic Insights

CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...

August 2, 2024 288 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 3273 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 4317 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 240 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 1215 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 462 Views 0 comment Print


Latest Notifications


Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 12, 2024 753 Views 0 comment Print

ICAI removes name of 14 members for Professional Misconduct

CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...

June 28, 2024 1587 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 12, 2024 1107 Views 0 comment Print

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

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...

June 12, 2024 480 Views 0 comment Print

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...

June 12, 2024 483 Views 0 comment Print


Empanelment -Central Bank of India -Concurrent Audit

March 11, 2024 217676 Views 33 comments Print

Discover how to submit an online application for Concurrent Audit Assignment in Central Bank of India for FY 2024-25. Check guidelines, eligibility, and important terms.

Year End Closing FY 2023-24: Action Points for GST, Companies Act & Labor Laws

March 10, 2024 3759 Views 0 comment Print

Discover crucial compliance actions for GST, Companies Act, and labor laws for FY 2023-24 year-end closing. Ensure accurate bookkeeping and legal adherence.

ICAI Announces CA Intermediate & Foundation Exams Thrice a Year

March 10, 2024 5586 Views 1 comment Print

ICAI will now conduct the CA Intermediate and Foundation course examinations thrice a year, starting from June 2024. Previously, these exams were held only twice annually.

Streamlining Audits: ICAI’s Centralized NOC Policy and its Benefits for Incoming CAs

March 9, 2024 2985 Views 0 comment Print

Learn about ICAI’s Centralized NOC Policy and its benefits for Chartered Accountants (CAs). Streamlining audits for efficiency and transparency.

Comparative Analysis: Revised Secretarial Standards 1 & 2 (Effective April 1, 2024)

March 7, 2024 7932 Views 0 comment Print

Dive into the revisions of ICSI’s Secretarial Standards 2024, exploring key changes impacting corporate governance. Understand implications for company secretaries and the broader corporate landscape.

Ind AS 21: Effects of Changes in Foreign Exchange Rates 

March 6, 2024 2325 Views 0 comment Print

Navigate the complexities of foreign exchange with Ind AS 21, guiding the translation and reporting of foreign currency transactions and operations in financial statements.

Ind AS 20: Accounting for Government Grants & Disclosure of Government Assistance

March 6, 2024 4317 Views 0 comment Print

Explore the essentials of Ind AS 20: accounting for government grants and detailing disclosure of government assistance for compliance and financial clarity.

Ind AS 19 – Employee Benefits

March 6, 2024 3969 Views 0 comment Print

Discover the essentials of Ind AS 19 – Employee Benefits, covering accounting and disclosure for employee services, termination benefits, and more. Learn about liability, asset recognition, and the differentiation between defined contribution and benefit plans.

Insights on Ethics and Governance in Valuation: Learnings from Sri Ramanayam

March 5, 2024 519 Views 0 comment Print

Explore the ethical and governance insights from Maryada Purushottam Shri Rama’s life in Sri Ramayanam, offering timeless lessons for today’s world.

Going Concern – Standards on Auditing (SA) 570

March 5, 2024 1656 Views 0 comment Print

Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assessment, and COVID-19 impact. Learn about reporting requirements and potential impacts on the auditors report.

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