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CA, CS, CMA

Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF,  Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.

Latest Articles


CS Profession@2047- Aspirations & Expectations

CA, CS, CMA : As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 204...

February 10, 2025 165 Views 0 comment Print

February 2025 Due Date Calendar for Tax & Compliance

CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...

February 8, 2025 13368 Views 0 comment Print

Cost Records & Audit in Construction Industry: Applicability & Benefits

CA, CS, CMA : Understand cost records and audit rules for the construction industry, including applicability, special features, and benefits for...

February 8, 2025 219 Views 0 comment Print

Control Area Checklist for Valuation of Inventories in Oracle Fusion

CA, CS, CMA : Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies ...

February 7, 2025 216 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 2nd February 2025

CA, CS, CMA : Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th Januar...

February 7, 2025 4230 Views 0 comment Print


Latest News


ICAI 2024-25 Highlights: Innovation, Growth, and Collaboration

CA, CS, CMA : Explore ICAI's 2024-25 initiatives, including tech adoption, global expansion, MSME support, financial literacy, and alignment wit...

February 10, 2025 90 Views 0 comment Print

Online Empanelment for Concurrent Audit of Central Bank of India

CA, CS, CMA : Apply online for Concurrent Audit assignments with Central Bank of India for the financial year 2025-26. Check eligibility and req...

February 5, 2025 42496 Views 0 comment Print

CSR & Social Governance: Practice Questions – Professional Programme (New Syllabus)

CA, CS, CMA : Practice questions on Social Impact Assessment & CSR Audit, covering impact analysis, principles, methods, and taxation aspects fo...

February 4, 2025 252 Views 0 comment Print

ICAI Guidelines 2024: CA Firm & LLP Aggregation Rules

CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...

February 4, 2025 669 Views 0 comment Print

Bank Branch Auditors’ Draft Panel of CAs/firms for 2024-25

CA, CS, CMA : ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries un...

January 31, 2025 58144 Views 0 comment Print


Latest Judiciary


CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

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...

July 16, 2024 3603 Views 0 comment Print

ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

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...

July 10, 2024 4779 Views 0 comment Print

Non-empanelment due to non-compliance with tender conditions: Patna HC Dismisses CA Firm’s Petition

CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...

June 30, 2024 396 Views 0 comment Print

SC upholds Restriction on Number of Section 44AB Tax Audit imposed by ICAI 

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 ...

May 23, 2024 2076 Views 0 comment Print

Delhi HC Dismisses Plea to Postpone CA Exams Amid Election Concerns

CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....

May 8, 2024 624 Views 0 comment Print


Latest Notifications


ICAI Penalizes CA for Accepting Audit Without Prior Communication or Fee Settlement

CA, CS, CMA : CA Ashish Baheti was found guilty of professional misconduct for accepting audit work without communicating with the previous audi...

February 6, 2025 1911 Views 0 comment Print

ICAI Penalizes CA for Accepting Audit Without Notifying Previous Auditor

CA, CS, CMA : ICAI penalizes a CA for professional misconduct under the Chartered Accountants Act, 1949, involving statutory audit acceptance wi...

February 6, 2025 29304 Views 0 comment Print

ICAI Guidelines for Merger & Demerger of CA Firms

CA, CS, CMA : ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms...

February 1, 2025 1677 Views 0 comment Print

ICAI Aggregation of LLPs Guidelines 2024: Key Provisions

CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...

January 23, 2025 2316 Views 0 comment Print

ICAI Disciplinary Actions Against Chartered Accountants – 3rd January 2025

CA, CS, CMA : ICAI announces disciplinary actions for professional misconduct against five Chartered Accountants, including suspensions and fine...

January 3, 2025 7662 Views 0 comment Print


ICAI panel to answer queries related to Bank Branch Audit

April 1, 2019 6195 Views 1 comment Print

AUDITING AND ASSURANCE STANDARDS BOARD CONSTITUTES EXPERT PANEL FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES FOR THE FINANCIAL YEAR 2018-19  Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typical in terms of its geographical and customer spread, the volume and varied nature of products and […]

Sample Question Papers for DISA Exams : 60 Sets

April 1, 2019 18846 Views 2 comments Print

I am attaching herewith the excel utility containing 60 Sample Question Papers for DISA Exams. One Can Easily Use the file as it is based on Excel Formulas. After Finishing the Test, Score will  appear automatically. Utility will Help you to prepare for DISA ET and AT. I recommend those appearing for DISA Exams or […]

ICAI President’s Message – April 2019

March 31, 2019 1053 Views 1 comment Print

As the poll season reaches its climax, the stage is all set for festival of democracy in India. In the 17th Lok Sabha elections, the biggest democratic elections in the history of mankind, about 900 million people will participate. Being harbingers of growth and partnering- nation-building, we Chartered Accountants have an important role to play in this mega exercise.

Insolvency and Bankruptcy Law In Various Countries

March 30, 2019 7518 Views 0 comment Print

The term Insolvency is used for individuals as well as organisation/corporate. If insolvency is not resolved, it leads to Bankruptcy in case of individual and liquidation in case of corporate.

Ind AS 116 applicable from 1 April 2019

March 30, 2019 2637 Views 0 comment Print

The stakeholders may note that Ind AS 116, Leases shall be applicable with effect from 01st April, 2019 and necessary notification for the same shall be issued in due course after complying with the necessary procedure.

CA Firms Empanelment for Concurrent Audit with Vidharbha Konkan Gramin Bank

March 28, 2019 3147 Views 0 comment Print

Vidharbha Konkan Gramin Bank invites applications from practising Proprietor/ Partnership firms of Chartered Accountants in India who fulfil the eligibility criteria as mentioned hereunder and are willing to have their Firms empanelled as Concurrent Auditors in the Bank for conducting Concurrent Audit of 106 branches spread over 17 Districts of Maharashtra. The number of branches are likely to change.

CA Final Exam dates Extended – Opportunity or Tension..??

March 27, 2019 1896 Views 0 comment Print

Finally election dates are declared and finally the confusion that was going in the mind about exams is also over. So, since the exam dates are extended, I observed three types of students around: 1. The over confident one:These are the students who stopped studying even before election announcement having a pre set notion in […]

Ind AS 2 Inventories

March 26, 2019 85629 Views 1 comment Print

AS 2 – Valuation of Inventories prescribes accounting treatment for inventories and sets the guidelines to determine value at which inventories are carried in  financial statements. Indian Accounting Standard (Ind AS) 2, Inventories, prescribes the accounting treatment for inventories, such as, measurement of inventories, recognition of inventories as expense and disclosure etc. S. No. Ind […]

Why so much Excuses

March 24, 2019 2028 Views 2 comments Print

Do you know excuses which we give for not getting things or any act done are obstacles for our own growth. It is a silence killer of our growth in a sense we unknowingly avoid to do certain things or act which we should required to do to reach next level in the life. 99.99% […]

Road to conquest

March 24, 2019 1344 Views 0 comment Print

(before few minutes, swami was occupied with many friends. After leaving all except one friend named Neeti, swami was using his whatsapp to answer the query of his CS group friends’.) Neeti: Hey!! Swami, how are you so popular, kuch jadu tona kar rakha he kya. Swami (smiling face): Yo Neeto, mere ache nature ka […]

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