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CA, CS, CMA : Summary of key tax and regulatory updates for the week ending 30th March 2025, covering income tax, GST, customs, SEBI, RBI, DGFT,...
CA, CS, CMA : Understand the difference between Regular and Composite GST dealers, their tax rates, compliance requirements, ITC eligibility, an...
CA, CS, CMA : NFRA's latest inspection report highlights audit lapses in top firms, raising concerns over auditor independence, ICFR verificatio...
CA, CS, CMA : Understand the importance of Diversity, Equity & Inclusion (DEI) at the workplace, its benefits, and the role of leadership in fos...
CA, CS, CMA : Finance Act 2025 introduces major direct tax changes, including revised income tax slabs, increased rebate limits, and updates to ...
CA, CS, CMA : ICAI's AASB launches online expert panel for bank branch audit queries. Get guidance on RBI guidelines from April 1-15, 2025....
CA, CS, CMA : ICSI updates training eligibility for CS trainers, corporate entities, and LLPs, effective April 1, 2025, outlining revised traine...
CA, CS, CMA : Maharashtra Gramin Bank seeks CA firms for audit roles (2025-26). Details on eligibility, application, fees, and penalties. Apply ...
CA, CS, CMA : Now, all three levels—CA Final, Intermediate and Foundation will have an equal number of attempts each year, providing students ...
CA, CS, CMA : Over ₹6.34 lakh crore in unpaid taxes linked to untraceable defaulters. Govt takes measures like asset tracking and account free...
CA, CS, CMA : Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reaso...
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 : ICAI modifies the jurisdiction of its Ratlam and Pali branches under CIRC, adding new areas to Ratlam and detaching Sumerpur from ...
CA, CS, CMA : Chartered Accountants Association Surat advises members to use the "CA" prefix responsibly, ensuring compliance with professional ...
CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...
CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...
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...
Background, Ind AS-116 Leases brings significant changes in accounting requirements for lease accounting, mainly for lessees. The new standard replaces the existing standard i.e. Ind AS-17, Leases with effect from accounting periods beginning on or after 1 April 2019. The new standard requires lessees to recognise “Right-of-use assets” and “Lease Liability” in balance sheet and […]
Why Actuarial Valuation Services are needed by Indian and Multinational Companies for Accounting of Defined Benefit Plans (i.e. Gratuity, Leave Encashment, Long Service Award Plan, etc.) in compliance of AS 15 (Revised 2005) & Ind AS 19? I hope the below email may help you in understanding the requirement of Actuarial Valuation Services by Indian […]
Applicable Study Material for November, 2020 Exams – Old Scheme Final Course and New Scheme Foundation, Intermediate and Final Course. THE INSTITUTION CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of parliament) Board of Studies (Academic) The Institute of Chartered Accountants of India 16th June, 2020 ANNOUNCEMENT APPLICABLE STUDY MATERIAL FOR NOVEMBER, 2020 EXAMS […]
Hello friends, in this article I will discuss some of the points which every CA student should keep in mind while pursuing articleship training. Although the list of suggestions is not exhaustive, it will give some inputs for those who will commence their articleship training in future. In the next article, I will discuss how […]
Ind AS 8 – Accounting Policies, Changes in Accounting Estimates, and Errors 1. Accounting policies are the specific principles and procedures implemented by a company’s management team that are used to prepare its financial statements. These include any accounting methods, measurement systems, and procedures for presenting disclosures. Example: – Valuation of inventory using FIFO, Average Cost […]
The students (who have already submitted online examination application for May 2020 Examination cycle) shall be allowed to OPT-OUT and carry forward their candidature to next examination i.e. November, 2020 examination cycle.
Permanent differences as the name suggests are permanent in nature which means it cannot be subsequently reversed in future period. An expense accrued or provision made in the statement of profit and loss of current year but not allowed for tax purposes in current as well as future period. It does not result in deferred tax assets or deferred tax liabilities.
In view of the ongoing spurt of the COVID-19 pandemic and in the interest of the Chartered Accountants, I have prepared this article. With this article, I am going to cover some of the areas of the Auditing Procedures which have been impacted by the Outbreak of Corona Virus and how the reporting is required […]
It is noticed by the Institute that few members and students of the Institute are posting and circulating videos and messages on social media platforms (YouTube; WhatsApp; Facebook; Instagram; Twitter etc.) asking thereby for cancellation / postponement of aforesaid Examinations scheduled to held from 6th July, 2020.
The Covid-19 pandemic has throttled the world economy in the last few months, putting a virtual halt to almost all economic activities. Countries world over, including India, resorted to harsh extraordinary measures of complete lockdown to flatten the Coronavirus Curve. However, India INC, notwithstanding the lockdown, has been cohesively trudging the recovery path with its fleet of corporate professionals.
