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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 201 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 444 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 53907 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 459 Views 0 comment Print


Latest News


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 846 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 597 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 189 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 16101 Views 0 comment Print

Empanelment: Indian Overseas Bank for Concurrent Audit

CA, CS, CMA : Indian Overseas Bank invites applications from eligible CA firms for concurrent audit empanelment for 2026-27. Apply online by Jun...

May 28, 2026 177896 Views 47 comments 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 1071 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 1080 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 1566 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 1011 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 726 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 582 Views 0 comment Print


CA Exam Postponement in Punjab and Jammu

September 3, 2025 3945 Views 0 comment Print

ICAI has postponed the Chartered Accountants Final & Intermediate Examinations scheduled for Sept 3-4, 2025 in Punjab and Jammu City due to floods. Revised dates will be announced soon.

September 2025: Key Tax & Compliance Deadlines

September 3, 2025 3453 Views 0 comment Print

Key tax and compliance deadlines for September 2025, including TDS/TCS payments, GST returns, advance tax, PF/ESI deposits, and annual audit reports.

Bank Audit: LFAR Advances Section – Clause by Clause Technical Analysis

September 2, 2025 1473 Views 0 comment Print

A technical analysis of the LFAR Advances section for bank audits. It explains key clauses on credit appraisal, documentation, provisioning, and risk management.

Guide to Profit and Loss Account as per Companies Act, 2013

September 2, 2025 5919 Views 0 comment Print

A practitioner’s guide to the Profit and Loss Account under the Companies Act, 2013. Learn about P&L line items, inclusions, exclusions, and legal frameworks.

How to Qualify an Audit Report: Requirements, Reasons & Impact

September 2, 2025 3084 Views 0 comment Print

Learn how an auditor qualifies a report, the reasons behind it, and its impact on financial statements. This guide covers the requirements, quantification, and drafting of qualified audit reports.

ICAI President’s September 2025 Message on Sustainability & Reforms

September 2, 2025 699 Views 0 comment Print

The ICAI President’s September 2025 message highlights sustainability, new tax laws, and the Institute’s role in nation-building, with a focus on green finance and technological advances.

Compliance Calendar for September 2025

September 2, 2025 8451 Views 1 comment Print

Stay compliant in September 2025 with this overview of key deadlines for income tax, GST, SEBI, ROC, and ESI/EPF filings. Avoid penalties and ensure smooth operations.

Analysis of Notifications & Circulars for Week ending 31st August 2025

September 1, 2025 5832 Views 0 comment Print

Key summaries of recent regulatory changes in India across Income Tax, GST, Customs, and other bodies, including tax exemptions, GST rulings, and SEBI compliance extensions.

AS 3 vs. Ind AS 7: Cash Flow Statement Standards

September 1, 2025 3486 Views 0 comment Print

Compare India’s Accounting Standard 3 (AS 3) and Ind AS 7 on cash flow statements. Learn about their objectives, classification methods, and key differences in reporting standards.

AS 17 vs. Ind AS 108: Segment Reporting Standards

September 1, 2025 1221 Views 0 comment Print

Compare Accounting Standard 17 (AS 17) and Ind AS 108 (Operating Segments). Learn about their differences in reporting methodology, disclosure requirements, and global alignment.

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