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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 336 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 100286 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 615 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 204 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 1086 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


Which skills should you focus on to avoid layoff?

February 22, 2021 3258 Views 2 comments Print

The Layoff of employees by the corporates has become the bitter truth of the corporate world. Thanks to the pandemic! When you hear about a company laying off its employees, you feel insecure and demoralized. I have heard of a quote that says – ‘You are paid by how hard you are to replace. Not […]

Fictitious Revenues & Red Flags Associated With Fictitious Revenues

February 22, 2021 23997 Views 0 comment Print

Fictitious Revenues involve sale of goods or services that did not occur. Fictitious invoices can be fake, but can also involve legitimate customers. A fictitious invoice can be prepared for a legitimate customer even though goods are not delivered or services have not been rendered.

Why a Professional Certification is Ideal for Finance Career

February 22, 2021 2589 Views 0 comment Print

NELSON MANDELA said- Education is the most powerful weapon which you can use to change the world. For a man who spent 27 long years in prison in his anti-apartheid battle, received about 250 honors worldwide, including the Nobel Peace Prize, he truly valued the importance of Education. It is inspiring for all of us, […]

Important Alert – Upcoming statutory Due Dates- You Must Know

February 21, 2021 45363 Views 2 comments Print

IMPORTANT ALERT FOR UPCOMING DUE DATES Various changes have been made in Law regarding provisions of important tax compliances. This article discusses various upcoming important due dates which are relevant to almost every person. Upcoming due dates relating to filing of various forms with GST department e.g. Opt in QRMPs, LUT, Aadhar authentication, Updation of […]

Hidden Features of Tally

February 20, 2021 53163 Views 11 comments Print

Tally Definition Language (commonly known as TDL)- Simply put, TDL is a language, using which a person can talk with Tally. It can help an organization in significantly reducing the time taken to post entries related to sales, purchase, receipt and payment.

Empanelment for Concurrent Audit of Operations of Institutional Finance Vertical with SIDBI

February 20, 2021 2511 Views 0 comment Print

Small Industries Development Bank of India (SIDBI) Request for Proposal (RfP) For Concurrent Audit of Operations of Institutional Finance Vertical (IFV) 1) The RfP is posted on the SIDBI website sidbi.in. SIDBI reserves the sole right for carrying out any amendment / modifications / changes including any addendum to this RfP. Such amendments / modifications […]

Empanelment with Cotton Corporation for internal audit

February 20, 2021 2151 Views 0 comment Print

The Cotton Corporation of India Ltd. invites sealed tenders in two bid system from Chartered Accountants firms for the Appointment as internal auditors of branch

Schedule of ICAI Chartered Accountant Exam – May 2021

February 19, 2021 5493 Views 0 comment Print

ICAI announces Schedule of Chartered Accountant Examination – May 2021 for Chartered Accountants Intermediate (IPC) {Under Old Scheme}, Intermediate {Under New Scheme} and Final {Under Old & New Scheme} Examinations. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Examination Department The Institute of Chartered Accountants of India 19th February, 2021 IMPORTANT ANNOUNCEMENT No. 13-CA (EXAM)/M/2021: In […]

Exposure Draft of Annual Improvements to Ind AS (2021)

February 19, 2021 2517 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Annual Improvements to Ind AS (2021) issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

Exposure Draft – Reference to Conceptual Framework -Amendments to Ind AS 103

February 19, 2021 942 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Ind AS 103, Business Combinations, issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

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