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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


RFP for Internal Audit of New York Branch of Bank of India

November 30, 2019 2175 Views 0 comment Print

Bank of India Relationship beyond banking REQUEST FOR PROPOSAL FOR OUTSOURCING OF INTERNAL AUDIT OF NEW YORK BRANCH Ref: BOI:NY:AUDIT:2019-20:125 Dated: 11/27/2019 Contents Description Page No Invitation to Bid 3 Requirements, Terms and Conditions (ANNEXURE- A) 7 Broad Scope of Work (ANNEXURE – B) 18 Technical Bid Proposal Form (Form T1) 21 Company Profile (Form […]

FAQs on Unique Document Identification Number (UDIN)- E-book

November 29, 2019 8382 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI), being a proactive regulator of accountancy profession in India, has conceptualized and developed an innovative concept of Unique Document Identification Number (UDIN) under which a unique number is now generated for every document certified/attested by a Chartered Accountant in practice and registered with the UDIN portal. UDIN […]

Ind AS 40 | Indian Accounting Standard-Investment Property | Summary

November 29, 2019 52848 Views 3 comments Print

There are high chances or it is most likely probable that Switching from the cost model to a fair value model would probably meet the condition and therefore, you can do it whenever you’re sure that you’ll be able to ascertain the fair value regularly and the fair value model fits better manner

No Objection Certificate by Principal – AICITSS (AIT/MCS)

November 28, 2019 159072 Views 2 comments Print

Format of No Objection Certificate Letter required at the time of  AICITSS (AIT/MCS) Training. File is attached for reference. TO WHOMSOEVR IT MAY CONCERN NO OBJECTION CERTIFICATE This is to confirm that I, the undersigned do not have any objection for the below mentioned articled assistant to undergo the AICITSS (AIT/MCS) Course in the time […]

Legal Audit Secures the Business and Boosts it Profitability!

November 28, 2019 2334 Views 0 comment Print

How would you rate the efficiency of the business model in the absence of an advisory team? Of course, zero or below five! In the absence of an advisory team who assist the businessmen to keep plans on the right course, the effect of business model and attainment of business goals become quite dubious. When […]

ICAI signs MoU with Kuwait Accountants and Auditors Association

November 27, 2019 1956 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) signed the Memorandum of Understanding (MoU) with the Kuwait Accountants and Auditors Association (KAAA) in Kuwait on November 21, 2019.

ICSI Peer Review Manual

November 27, 2019 1434 Views 0 comment Print

Peer Review plays significant role in the maintenance as well as enhancement of quality of services rendered by members of the Institute and the Guidelines developed by the Council has made the same mandatory for certain Audit and Certification services, thus according both Peer Review as well as the services greater significance.

Major Impact of Rule 36(4) of CGST Rules, 2017 on SME Sector

November 27, 2019 2292 Views 0 comment Print

So recently this new Rule 36(4) of CGST Rules, 2017 had inserted vide Notification No. 49/2019, which says that: ‘Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37, shall not […]

Certified CAs From India Turned CEOs of Various Renowned Organizations

November 25, 2019 7491 Views 0 comment Print

Every CA aspirant dreams of owning a successful career in the future and the thought of having a stable future along with a desirable package itself is an inspiration for all. Well, there are other real-life inspirations who are by now the CEOs of various renowned companies in India and are CAs by qualification. A […]

How to Choose CA Firm For Articleship??

November 25, 2019 13494 Views 2 comments Print

Article ship!! Probably the most important phase in the life of a student pursuing Chartered Accountancy. This phase of 3 years will decide what you will be in future. This is the reason why I have decided to pen this blog as I want my juniors to handle this phase very wisely as this is […]

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