Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...
CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...
CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...
CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...
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...
CA, CS, CMA : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...
CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...
CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has announced the first bi-annual Western Region Convocation for FY 2026–27...
CA, CS, CMA : ICAI has notified the Information Systems Audit (ISA) Assessment Test for 25 July 2026 in CBT mode. The announcement specifies eli...
CA, CS, CMA : Indian Overseas Bank invites applications from eligible CA firms for concurrent audit empanelment for 2026-27. Apply online by Jun...
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...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
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...
CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...
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 The appeal was withdrawn wi...
CA, CS, CMA : The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Appli...
CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
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...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
The decision outlines how reports must include executive summaries, observations, root cause analysis, and management responses, ensuring material risks are clearly communicated.
SIA 310 guides internal auditors on engagement-level reporting, ensuring compliance with Standards on Internal Audit while communicating findings, recommendations, and management responses.
SIA 290 establishes protocols for continuous communication between the Internal Auditor and Management/TCWG. It mandates written processes for agreeing on scope, providing updates, and resolving conflicts.
SIA 280 guides internal auditors on assessing fraud risks, detecting irregularities, and reporting findings while ensuring compliance, professional skepticism, and ethical standards.
SIA 270 guides internal auditors on engaging experts or third parties, ensuring independence, competence, and reliable evaluation while retaining responsibility for audit conclusions.
SIA 260 defines the Internal Auditor’s responsibility for supervising and reviewing audit assignments. It ensures work conforms to standards, and that evidence and conclusions are properly supported.
This standard guides internal auditors on proper documentation of audit procedures, evidence, and conclusions, ensuring compliance, traceability, and retention for at least seven years.
This standard guides internal auditors on selecting, validating, and documenting tools like AI, analytics, and CAATs while ensuring data security and professional judgment in audits.
SIA 230 establishes standards for audit evidence, requiring auditors to collect sufficient, reliable data using methods like observation, inquiry, and analytics to support audit conclusions and assess control effectiveness.
The case underlines that identifying all auditable units through an audit universe ensures comprehensive coverage, prevents oversight, and guides resource allocation for efficient internal audits.
