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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 246 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 477 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 53916 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


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 99230 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 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 603 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


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


Environmental Accounting: Concepts, Practice & Decision Usefulness

August 20, 2025 1356 Views 0 comment Print

An overview of environmental accounting concepts, frameworks, and practical applications in corporate finance. Covers BRSR, MFCA, and Ind AS.

Accounting for Revenue Recognition: Analysis of AS 9 & Ind AS 115

August 20, 2025 4377 Views 0 comment Print

A detailed comparison of AS 9 and Ind AS 115 revenue recognition standards in India, with case studies from IT, real estate, telecom, and more.

Audit- CA Professional Ethics Tricky Questions

August 20, 2025 1185 Views 0 comment Print

This article explores common confusions in professional ethics for Chartered Accountants in India, addressing topics like membership, practice, and conduct.

Finalisation of Company Accounts – A Practical Guide

August 19, 2025 4782 Views 0 comment Print

A step-by-step guide to year-end financial finalization, from closing books and reconciling ledgers to preparing statements and filing with the ROC.

Accounting for Fixed Assets: Expert Analysis under AS 10 & Ind AS 16

August 18, 2025 5094 Views 2 comments Print

An expert analysis of fixed asset accounting under AS 10 and Ind AS 16, comparing their principles, measurement models, and practical application for Indian businesses.

Analysis of Accounting for Investments under AS 13 & Ind AS 109

August 18, 2025 4086 Views 0 comment Print

Learn the difference in investment accounting between AS 13 and Ind AS 109. Understand how these standards classify, measure, and account for impairment of financial assets.

Accounting for Effect of Changes in Foreign Exchange Rates: AS 11 & Ind AS 21

August 18, 2025 7656 Views 0 comment Print

Compare AS 11 and Ind AS 21 on accounting for foreign exchange rates. Understand the differences in how they handle monetary items, and the capitalization of exchange differences.

Accounting for Fixed Assets under AS 11 & Corresponding Ind AS 21/Ind AS 101

August 18, 2025 2271 Views 0 comment Print

Learn how foreign currency fluctuations impact fixed asset accounting under Indian standards. Compare AS 11 vs. Ind AS 21, and understand key concepts like capitalization and hedge accounting.

R&D Accounting under Indian GAAP (AS 8/AS 26) and Ind AS 38

August 18, 2025 4149 Views 0 comment Print

A guide to accounting for R&D in India under Indian GAAP and Ind AS 38. Learn the difference between research and development costs, capitalization criteria, and reporting requirements.

Accounting for Construction Contracts under AS 7 and Ind AS 115

August 17, 2025 13653 Views 0 comment Print

Executive Summary: Construction contracting in India spans EPC, turnkey, design–build, BOT/BOOT service concessions, real estate development and long‑term project management consulting. Accounting for these arrangements has historically been governed by Accounting Standard (AS) 7 “Construction Contracts” under Indian GAAP and, for Ind AS reporters, by Ind AS 115 “Revenue from Contracts with Customers” read with relevant […]

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