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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 100316 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 618 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


Internal Audit of Manpower Supply Contract

May 17, 2020 18399 Views 0 comment Print

Manpower is the one of the most important factor to run any industry. Every sector whether it is manufacturing or servicing needs manpower for its smooth functioning. The Organisation hires contractual workers for its different functions like security services, construction work etc. In this article, we will discuss how an auditor should review an entity’s contracts with vendors related to manpower supply.

Flow Chart of Disciplinary procedure followed by ICAI

May 17, 2020 9681 Views 0 comment Print

Following is the Disciplinary procedure followed in respect of the members of the ICAI: The above flow chart is a representation of various situations for Disciplinary actions that may be taken by the board / committee.

Key Consideration for Assessing Going Concern Assumption

May 17, 2020 5886 Views 0 comment Print

Assessment of Going Concern is one of the key areas which require the attention of Auditors and Management for the audit of financial statements for the year ended 31st March 2020. However, it is the general assumption of people that assessment of going concern is only the responsibility of auditors and not that of management. […]

How to Prepare for CA final during articleship

May 16, 2020 24276 Views 0 comment Print

Author explains When to start CA Final classes, How many classes should a CA Student take in the beginning, during and at the end of articleship, When to start revision of classes completed, Can CA Student learn anything from office work which is helpful for CA Final exams and A CA Student should take CA […]

IAS 16 Property, Plant and Equipment (PPE)

May 15, 2020 9606 Views 0 comment Print

IAS 16 Property, Plant and Equipment (PPE) covers the aspects of accounting for property, plant and equipment and represents the list of items falls into Tangible Non-Current Assets.

IFRS at a Glance & IFRS

May 15, 2020 3036 Views 0 comment Print

Vishal Gupta The International Accounting Standards Board (IASB) is an independent and privately funded body that develops and approves IFRS standards. Prior to 2003, standards were issued as International Accounting Standards (IASs). In 2003, IFRS 1 was issued and all new standards are now known as IFRS standards. The IFRS Foundation has currently 22 Trustees […]

ICAI: Retrospective Restoration of Membership / COP 2019-2020

May 15, 2020 1314 Views 0 comment Print

To mitigate the hardships, the application(s) in Form 9 and Form 101 for retrospective restoration of membership / certificate of practice complete in all respects and applicable fee for the year 2019-2020 can now be submitted by filing until the midnight of 31st May 2020.

ICAI advisory in respect of Fake Social Media Pages

May 15, 2020 801 Views 0 comment Print

It has come to the notice of ICAI that various Fake Social Media Pages are being operated illegally on ICAI’s name and logo. They are making various announcements and reference material on which the ICAI has sole and exclusive intellectual property rights (IPRs).

New era of MSMEs

May 15, 2020 11238 Views 1 comment Print

The term Micro, Small and Medium Enterprises (MSME) is very popular now days. Government is providing more and more relief measures and packages to boost MSMEs because it is the MSME which have the potential to lead India and make self reliant in line with our goal of ‘आत्मनिर्भर भारत अभियान‘ . MSMEs are governed […]

Tips for staying safe – Post COVID resumption of work

May 14, 2020 768 Views 0 comment Print

𝐖𝐨𝐫𝐤𝐩𝐥𝐚𝐜𝐞 𝐬𝐚𝐟𝐞𝐭𝐲 𝐭𝐢𝐩𝐬 – 𝐫𝐞𝐨𝐩𝐞𝐧𝐢𝐧𝐠 𝐩𝐨𝐬𝐭 𝐂𝐎𝐕𝐈𝐃𝟏𝟗 With work locations across the country reopening gradually, Learning to live with and getting around in a post COVID world becomes critical. Particularly, health of us and those around us gets paramount importance. Here are some tips for safe working 1. If possible try to work from home […]

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