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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


Audit Planning, Strategy and Execution: Best Practices & Key Considerations

CA, CS, CMA : When it comes to auditing, planning carefully and doing things accurately are crucial for a successful audit. This easy guide expl...

July 19, 2024 210 Views 0 comment Print

Audit Documentation: SA 230

CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...

July 18, 2024 531 Views 0 comment Print

How to calculate Turnover: Key Considerations for Tax Audit

CA, CS, CMA : Learn how to calculate turnover for derivatives, speculative transactions, and multiple businesses as per ICAI's revised 2023 guid...

July 17, 2024 1545 Views 0 comment Print

Professional Misconduct in Tax Audits: Navigating 60-Tax Audit Rule

CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...

July 16, 2024 1194 Views 0 comment Print

Ethical issues in Auditing

CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...

July 13, 2024 660 Views 0 comment Print


Latest News


Eligibility to become CS Mitr under CS Mitr Scheme and Disclaimer

CA, CS, CMA : Learn who can become a CS Mitr under the CS Mitr Scheme, the incentive structure, and essential eligibility criteria. Read the dis...

July 19, 2024 447 Views 0 comment Print

Empanelment of Members as Observers for CA Exams – Sep/Nov 2024

CA, CS, CMA : ICAI announces empanelment of members as observers for September/November 2024 Chartered Accountants Examinations. Eligible member...

July 18, 2024 10304 Views 0 comment Print

CA Final November 2024 Exams Time Table

CA, CS, CMA : ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application ...

July 18, 2024 2726 Views 0 comment Print

Apply for Statutory Audit: Chartered Accountant Firms Needed for XBRL India

CA, CS, CMA : Invitation for CA firms to audit XBRL India. Requirements, eligibility criteria, application process, and terms. Apply by 09/08/20...

July 18, 2024 375 Views 0 comment Print

ICAI BoS Publications: Jan 2025 Foundation & Intermediate, Nov 2024 CA Final

CA, CS, CMA : Discover the latest updates from the Institute of Chartered Accountants of India for 2025 exams. Detailed analysis of course publi...

July 15, 2024 93 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 2817 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 4098 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 213 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 1131 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 444 Views 0 comment Print


Latest Notifications


Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 13, 2024 696 Views 0 comment Print

ICAI removes name of 14 members for Professional Misconduct

CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...

June 28, 2024 1434 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 12, 2024 1035 Views 0 comment Print

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

CA, CS, CMA : Explore the ICAI Board of Discipline's ruling on an audit dispute where the respondent's communication via registered post was dee...

June 12, 2024 438 Views 0 comment Print

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...

June 12, 2024 429 Views 0 comment Print


Prepayment Features with Negative Compensation (Amendments to Ind AS 109, Financial Instruments)

June 12, 2018 849 Views 0 comment Print

Following is the Exposure Draft of Amendments to Ind AS 109, Financial Instruments, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India for comments.

Plan Amendment, Curtailment or Settlement (Amendments to Ind AS 19, Employee Benefits)

June 12, 2018 927 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Ind AS 19, Employee benefits, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India for comments.

Annual Improvements to Ind AS (2018) (Corresponding to Annual Improvements to IFRS Standards 2015–2017 Cycle issued by IASB)

June 12, 2018 816 Views 0 comment Print

Following is the Exposure Draft of Annual Improvements to Ind AS (2018) issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments.

Brief on Indian Valuation Standard 103 – Valuation Approaches & Methods

June 12, 2018 3720 Views 0 comment Print

Indian Valuation Standard 103 – Valuation Approaches and Methods includes A) Market Price Method, Comparable Companies Multiple (CCM) Method, Comparable Transaction Multiple (CTM) Method, Discount for Lack of Marketability, Discount for Lack of Control (DLOC), Income Approach, Discounted Cash Flow (DCF) Method, Relief from Royalty (RFR) Method, Multi-Period Excess Earnings Method (MEEM), With and Without Method (WWM), Option Pricing Models, Cost Approach, Replacement Cost Method and Reproduction Cost Method

List of Indian Valuation Standards effective from 1st July, 2018

June 11, 2018 3543 Views 0 comment Print

Indian Valuation Standards as issued by ICAI effective for the valuation reports issued on or after 1st July, 2018 The Institute of Chartered Accountants of India (ICAI) issues Valuation Standards as a benchmark for Valuation Practices applicable for Chartered Accountants Recognising the need to have the consistent, uniform and transparent valuation policies and harmonise the […]

Standard on Auditing (SA) applicable for Financial Year 2017-18 & 2018-19

June 11, 2018 29079 Views 1 comment Print

This Article explains Standard on Auditing (SA) which are applicable for Audit of Financial Year 2017-18 and Financial year 2018-19.

Revisiting Classic Decisions-#1- Global payment solution provider MasterCard has a PE in India: AAR

June 6, 2018 2448 Views 0 comment Print

To create a PE, one has to pass the three tests of: permanency, a fixed place and disposal. All the three tests are satisfied and hence MIPs act as PE of the applicant. We hold that significant activities relating to clearance and settlement take place in India. Detailed analysis of Galileo judgement and application of the rationale held in Galileo case to the present case. Automatic equipment like server can also create PE and there is no requirement of human intervention. MasterCard network also creates a PE of the applicant in India.

Provide details of affiliation with Multinational Accounting Firms : ICAI

June 6, 2018 2586 Views 0 comment Print

The Group has decided to obtain information from all the Members holding Certificate of Practice as on 01.04.2018 who presently have or at any time in the past seven financial years had networking relationship or affiliation by whatever name called with any Multinational Accounting Firms in India.

ICAI extends last date for making online claim of CPE hours

June 6, 2018 10032 Views 0 comment Print

Extension of last date for submission of Self Declaration form for claiming CPE Hours under Unstructured Learning Activities for the Calendar Year 2017- from 31st May, 2018 to 30th June, 2018

7 Time Management tips to hack productivity

June 5, 2018 2472 Views 0 comment Print

What is Time Management? It is a set of principles, practices, skills, tools and systems that helps us to use our time to accomplish what we want.

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