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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


MCQs on Engagement and Quality Control Standards

July 2, 2020 2196 Views 0 comment Print

Multiple Choice Questions (Mcqs) On Engagement And Quality Control Standards Multiple Choice Questions (Mcqs) On Engagement And Quality Control Standards (As On July 1, 2020) Foreword Engagement and Quality Control Standards are performance benchmarks for the members while performing auditing, review, assurance and related services engagements. The Institute of Chartered Accountants of India (ICAI) through […]

ICAI President’s Message – July 2020

July 2, 2020 1506 Views 0 comment Print

The Institute of Chartered Accountants of India has always cultivated the belief that development can only occur exclusive of definite borders. ICAI enjoys harmonious relations with the members of global accounting fraternity and has constantly endeavoured to integrate and improve the standing of the Accountancy subject by uniting efforts at international level.

ICAI signs MoU with Service Export Promotion Council (SPEC)

July 2, 2020 1611 Views 0 comment Print

ICAI Press Release ICAI signs MoU with Service Export Promotion Council (SPEC) The Government of India had declared Accounting and Finance services sector as one of the 12 Champion sectors.The Institute of Chartered Accountants of India (ICAI) has been working towards formulating & implementing an Action Plan for this Champion Sector under the guidance of […]

6 Skyrocket Tips to start your CS Practice: You Can’t afford to Miss

July 2, 2020 15453 Views 2 comments Print

Dear Professionals Hope you all are doing well there! As already mentioned in the Tagline that you cannot afford to miss this write up if you are planning to be a Practising Professional. Many of us from a fraternity of Company Secretary are struggling today to get even a single client to begin their career […]

Importance of CA/Finance Professional In Covid -19 Times

July 1, 2020 1944 Views 1 comment Print

The role of a CA/Finance Professional in an organization is a very challenging, particularly in adverse circumstances, such as what we are presently going through. Effective and robust CA coaching often prepares professionals to handle such grim situations.

ICAI issues revised Code of Ethics applicable from 1st July 2020

July 1, 2020 14514 Views 1 comment Print

ICAI issued revised 12th edition of Code of Ethics which  has come into effect from 1st July, 2020. Code of Ethics are in 3 Volumes. Due to the prevailing situation due to Covid-19, few provisions of Volume-I of Code of Ethics, 2020 are been deferred till further notification. Ethical Standards Board The Institute of Chartered […]

Know Your Residential Status in India for Income Tax Purpose

June 29, 2020 13101 Views 0 comment Print

1. This article has been discussed in detailed regarding the determination of Residential Status of an Individual in India as per the Income Tax Act,1961-2020. 2. For computing the taxable income of an Individual, it is important to determine the residential status of an individual in India as per the Income Tax Act,1961 for each […]

SC to ICAI: Be Flexible on CA Exam ‘Opt Out’ Option

June 29, 2020 1707 Views 0 comment Print

SC directs ICAI on exam opt-outs. Only 52,000 out of 3,46,000 students opt out. Adjournment for ICAI’s draft on concerns. Next hearing on July 2.

Important MSME Revised Guidelines and Threshold limit

June 29, 2020 54534 Views 3 comments Print

The Government of India has issued notification on June 26, 2020 giving revised guidelines and limit for classification of enterprises among Micro, Small and Medium. The synopsis for the said important notification is as under: 1. The new guidelines and limit are effective from July 01, 2020. 2. Revised thresholds for classification among Micro, Small […]

Virtual Coaching Classes from 01.07.2020 for CA students- Nov 2020 exam

June 28, 2020 3414 Views 0 comment Print

ICAI ‘Virtual Coaching Classes’ commencing from 1st July, 2020 for CA students of Foundation, Intermediate and Final appearing in November 2020 examination

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