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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 339 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 522 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 53931 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 100322 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 852 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 624 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 207 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 1089 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 1020 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 588 Views 0 comment Print


Alleged Disgraceful Actions by Police Department against a CA

May 16, 2021 4893 Views 3 comments Print

We regret to inform that now even the Police has started booking members belonging to the respectable fraternity of Chartered Accountants for bonafide actions done by these professionals in their routine course of work on behalf of their clients.

Open Letter to President ICAI to support members against Covid Crisis

May 16, 2021 10497 Views 11 comments Print

There is definitely anxiety with the members for the uncertainty about how the profession will look like in the next five years. There is a significant responsibility on your shoulders for managing the morale of the members and students to reduce anxiety among them by taking decisive decisions which can motivate the members.

GST, Income Tax, DGFT, FEMA, Customs Updates dated 16.05.2021

May 16, 2021 4572 Views 0 comment Print

The country is dealing with a very challenging situation due to second wave of COVID-19 Pandemic which is more devastating in many ways than the one before. We need to be self-disciplined and follow all the Covid safety protocols. The government is also contributing their best to facilitate the trade and industry through facilitation measures. […]

COVID-19 and its impact on Costing of Goods and Services

May 14, 2021 3630 Views 3 comments Print

Covid-19 has imbalanced the whole world emotionally, socially as well as economically. Impact is so deep that it will take years together to fulfill the gap. Economically or socially we may get some relief but emotionally we will not. Whole health system of developed or under developed countries collapsed and millions of people died in […]

EOI for Internal / Statutory Audit of various units of ICAI

May 14, 2021 4122 Views 0 comment Print

Expression of Interest for Internal / Statutory Audit of various units of ICAI for the financial year 2021-22 Audit Committee (ICAI) has invited applications from eligible Chartered Accountant firms for appointment as Internal / Statutory Auditors of its various units for the financial year 2021-22. Notice inviting expression of interest is available at following link containing […]

Withholding of CA Student Result for Criticism of ICAI; HC Grants relief

May 13, 2021 32691 Views 22 comments Print

Risha Lodha D/O Bhagwat Singh Lodha Vs Institute Of Chartered Accountants Of India (Rajasthan High Court) (1)  The petitioner, a young girl-student of 21 years of age, has knocked at the doors of this Court being aggrieved by extreme oppressive action of a professional body-The Institute of Chartered Accountants of India (for short, ‘Institute’), which […]

Key takeaways in transfer of Goodwill or share of profit in case of death of a CA

May 13, 2021 9735 Views 0 comment Print

Key takeaways in transfer of Goodwill or share of profit in case of death of a Chartered Accountant In the wave of corona, the whole of CA fraternity is shocked by sudden demise of members of the institute in this CORONA Pandemic. The fraternity has lost many members during this year. Local fraternity tried to […]

Exposure Draft of revised Accounting Standard (AS) 12 Income Taxes

May 13, 2021 1548 Views 0 comment Print

Accounting Standards Board The Institute of Chartered Accountants of India 12th May, 2021 Sub: Exposure Draft of Revised Accounting Standards for Public Comments The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February, 2015, and as amended from time to time are applicable to the specified class of companies […]

Steps to apply for CS Membership in a very easy way

May 12, 2021 12588 Views 0 comment Print

File has been attached for applying COMPANY SECRETARY Membership Number with a few easy steps. Hope this will help a lot to all CS aspirants who are keen to become a valued member of ICSI. User Manual for Applying ACS Membership Below are the steps that you need to follow for applying ACS Membership. 1. Go to icsi.in/student/Home.aspx or http://www.icsi.edu/ 2. Click on login OR 3. Now enter your Username & password 4. […]

Overview of the Standards on Auditing

May 12, 2021 58026 Views 1 comment Print

A practicing chartered accountant is generally well versed with tax laws, company law and even the accounting standards. Unfortunately, as is evident from numerous findings of reviews by the Quality Review Board, the focus on standards on auditing is missing. This article aims to highlight the key aspects of the standards on auditing.

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