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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 100316 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 618 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


Change in Internal Audit approach, technique & expectation after Pandemic

March 26, 2021 4218 Views 0 comment Print

Internal Audit after Pandemic – Change in approach, technique and expectation from Internal audit As conglomerates make substantial demands on internal auditors to help them deal with the several issues that arise as a result of the COVID-19 crisis, internal auditors must keep up. They may also get dragged into additional roles that may test […]

ICAI Notifies Dates for CA Intermediate & Final Exams 2021

March 24, 2021 1395 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) announced the dates for CA Intermediate and Final Exams. Firstly, the Intermediate (IPC) Course Examination beneath Old Scheme, Group-I exams will be held on 22nd, 24th, 27th & 29th May 2021, and Group-II exams will be held on 31st May 2021, 2nd & 4th June 2021. Secondly, […]

Career Opportunities after Class 12th Commerce

March 24, 2021 2145 Views 0 comment Print

After clearing your tenth, you have to ask yourself the questions that lie ahead to select a specific stream. The tilt towards science will result in choosing it. The selection of the other two, i.e., arts or commerce, comes suspended by the options students have after selecting a specific option. If you are looking forward […]

ICAI Guidelines for Networking of Indian CA firms, 2021

March 24, 2021 46950 Views 0 comment Print

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA The Guidelines for Networking of Indian CA firms, 2021 1. Preamble 1.1 Over the years, our Members have adopted different models of practice viz. Practice in individual name Practice as a sole proprietary firm Practice as a partnership / Limited Liability Partnership firm Merger of two or more […]

ICSI extends last date for Submission of June 2020 Exam Form

March 24, 2021 1224 Views 0 comment Print

ICSI: Extension of Last Date for Online Submission of Examination Form (without late fee) for June, 2021 Session of Examinations THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) March 24, 2021 ATTENTION STUDENTS Extension of Last […]

Private Placement Provisions under Companies Act 2013

March 23, 2021 15546 Views 2 comments Print

Lack of funds is very crucial reason to affect the health of business in India. To cope of with Dynamic Business Rush for expansion of existing one or setting up new venture / projects by small or Private limited company need sufficient money or working capital. Applicable Section: Section 42 of Companies Act, 2013 Applicable […]

ICAI Technical Guide on Revised Formats of Long Form Audit Report

March 23, 2021 38433 Views 0 comment Print

The Reserve Bank of India has issued revised formats of Long Form Audit Report (LFAR) for banks and their branches vide its circular dated September 5, 2020 which are applicable for audits for financial year 2020-21 and onwards. Revised formats of LFAR contain several significant changes and several new reporting requirements vis-à-vis earlier formats of […]

Bank Audits 2021- Key Finacle Menus For Loans & NPA

March 22, 2021 134823 Views 0 comment Print

The banking sector in India has developed tremendously after it adopted the Core Banking Solution (CBS). Finacle is also one of such CBS software’s developed by Infosys. A number of Nationalised Banks are using Finacle as their CBS platform. Our Alma mater plays an important role in the process of auditing of PSU banks. The exercise […]

How to use Excel flash fill

March 22, 2021 11973 Views 0 comment Print

We often know so many tools. The big question is when and how do I use the tool? Sharing small snippets on using Excel flash fill along with a few use cases. What is Flash Fill in Excel? Excel Flash Fill is a special tool that analyses the information you are entering and automatically fills […]

Detailed Scripture on Chartered Accountants Benevolent Fund (CABF)

March 22, 2021 3990 Views 0 comment Print

In this scripture there are two fictional characters, Avinash who is recently qualified CA who and pursuing job after obtaining membership of ICAI and the second character is Mohit who is a practicing CA. Due to lack of awareness of welfare kind of activities of ICAI through funds etc., Avinash thinks that no effort is […]

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