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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 213 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 537 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 1548 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 1200 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 465 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 10313 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 2741 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 381 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 99 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 2865 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 699 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


IASB Draft on Application of Materiality to Financial Statements

November 11, 2015 751 Views 0 comment Print

Exposure Draft- IFRS Practice Statement Application of Materiality to Financial Statements – Comments to be received by 26 February 2016 Exposure Draft ED/2015/8 IFRS Practice Statement Application of Materiality to Financial Statements is published by the International Accounting Standards Board (IASB) for comment only. The proposals may be modified in the light of the comments […]

ICAI invite comments on Depreciation Schedule of the Companies Act, 2013

November 11, 2015 4120 Views 0 comment Print

Research Committee of the Institute of Chartered Accountants of India invites comments on any aspect of this Exposure Draft of the ‘Guidance Note on Some Important Issues Arising from Schedule II to the Companies Act, 2013’. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording.

Empanelment of CAs with State Bank of Hyderabad for Concurrent Audit

November 10, 2015 4742 Views 0 comment Print

Proposals are invited from eligible Chartered Accountant Firms/ Companies/ LLP for empanelment to conduct Concurrent Audit of our branches.

Comparison between ICDS and Accounting Standards

November 9, 2015 7444 Views 0 comment Print

As we are sailing across the revolution in Indian regulatory framework as evidenced by development in Companies Act, Ind-AS and Prospective Goods and service Tax meanwhile Central Board of Direct Tax has notified as per power conferred u/s 145(2) ten Income Computation and Disclosure Standards (ICDSs) to be followed by all assesses for any class of income to be considered while computing taxable income for Assessment Year starting from 1st April 2016.

Draft Interpretation on Uncertainty over Income Tax Treatments

November 8, 2015 366 Views 0 comment Print

Draft Interpretation published by the IFRS Interpretations Committee for comment only. Comments on the Draft Interpretation need to be received by December 21, 2015. The International Accounting Standards Board’s IFRS Interpretations Committee (‘Interpretations Committee’) published for public comment a proposed Interpretation of Standards, designed to address diversity in how the Standard is applied in practice. […]

Draft Interpretation on Foreign Currency Transactions and Advance Consideration

November 7, 2015 585 Views 0 comment Print

Draft Interpretation published by the IFRS Interpretations Committee for comment only. Comments on the Draft Interpretation need to be received by December 21, 2015. The International Accounting Standards Board’s IFRS Interpretations Committee (‘Interpretations Committee’) published for public comment a proposed Interpretation of Standards, designed to address diversity in how the Standard is applied in practice. […]

Writ Petition In Madras High Court Against ICAI Elections

November 7, 2015 1976 Views 0 comment Print

Two Writ petitions (one against those SIRC members seeking elections to Central Council and another against those SIRC members seeking re-election to SIRC) have been filed by a Chennai based senior Chartered Accountant Mr P S Prabhakar, with a prayer that the validity of the nominations of such members, all of whom are collectively responsible […]

UCO Bank have Vacancies for 100 CAs

November 4, 2015 4894 Views 0 comment Print

UCO Bank a leading listed Public Sector Bank invites applications from Indian citizens for 100 posts of Chartered Accountant in MMGS II who should be Chartered Accountant for their utilization in the area of Treasury/Credit/International Banking/Loan syndication/Inspection/Risk Management etc. as per the need of the Bank.

Bad Times: A Good Teacher

November 4, 2015 3667 Views 0 comment Print

The most significant point of your life won’t be when you reach the last step of the ladder. It will be when you fall down while climbing, when the ladder breaks down in the middle of your little adventure, it will be in all those difficulties you face till you reach your destination, as for a matter of fact, reaching on the stop point or the last step of the ladder was never the plan in the first place, but breaking down and helping yourselves up every single time sure was.

Pros and Cons of 'Giving Tips'

November 3, 2015 1622 Views 0 comment Print

The word ‘Tips’ refers to the small amount of money paid to a waiter or bearer in a restaurant or bar. TIPS is considered as the abbreviation for the phrase ‘To Insure Preferential Service.’ The payment of tips is compulsory in the USA but it is considered an insult in Japan and Hong Kong. Here, the plus and minus aspects of tips are discussed.

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