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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 249 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 483 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 99290 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 192 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


Format of Audit Engagement Letter: Terms & Responsibilities

August 14, 2025 5511 Views 0 comment Print

An audit engagement letter outlines the objective, scope, and responsibilities for a financial audit. It defines roles, fees, and the terms of the agreement.

Discontinuing Operations: AS 24 vs Ind AS 105 Study

August 14, 2025 1719 Views 0 comment Print

This analysis compares AS 24 and Ind AS 105 for discontinuing operations, examining their role in financial reporting, the going concern concept, and COVID-19’s impact.

Earnings Per Share (EPS): Analysis with Reference to AS 20 & Ind AS 33

August 12, 2025 2283 Views 0 comment Print

A summary of EPS, a key financial metric, covering its calculation under AS 20 and Ind AS 33, including concepts like basic and diluted EPS and key adjustments.

Accounting for Intangible Assets: Expert Analysis of AS 26 & Ind AS 38

August 12, 2025 3468 Views 0 comment Print

A comparative analysis of AS 26 and Ind AS 38 for intangible assets in India. It covers recognition, measurement, and key differences for accountants and companies.

ICAI Expands Mandatory Audit Quality Model Scope

August 12, 2025 25008 Views 0 comment Print

The ICAI has expanded the mandatory scope of its Audit Quality Maturity Model (AQMM) to include more firms in a phased manner, starting in 2026.

GST Health Checkup: What It Is and Why Your Business Needs One

August 12, 2025 1083 Views 0 comment Print

A GST Health Checkup reviews a business’s GST filings and processes to find errors, reclaim missed tax credits, and ensure full compliance with current tax laws.

Accounting for Amalgamation and Mergers: AS 14 vs. Ind AS 103 

August 12, 2025 3798 Views 0 comment Print

This article examines the shift in Indian accounting from AS 14’s dual-path approach for amalgamations to Ind AS 103’s fair-value based acquisition method, highlighting key differences.

Analysis of AS 22 (Accounting for Taxes on Income) & Ind AS 12 (Income Taxes)

August 10, 2025 4443 Views 0 comment Print

his article presents an expert-level analysis of accounting for taxes on income, referring to the Indian Accounting Standard AS 22 (Accounting for Taxes on Income) and the corresponding Ind AS 12 (Income Taxes).

Accounting for Leases: Expert Analysis in Light of AS 19 & Ind AS 116

August 10, 2025 6534 Views 0 comment Print

This article provides an in-depth comparative study of AS 19 and Ind AS 116, examines the underlying concepts, explores complexities through real-life examples, and analyses their implications on financial reporting.

Accounting for Related Parties: Analysis under AS 18 & Ind AS 24

August 8, 2025 9777 Views 0 comment Print

A comparison of AS 18 and Ind AS 24 related party accounting standards. Learn key differences in definitions, disclosures, and how they impact financial reporting.

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