Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : When it comes to auditing, planning carefully and doing things accurately are crucial for a successful audit. This easy guide expl...
CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...
CA, CS, CMA : Learn how to calculate turnover for derivatives, speculative transactions, and multiple businesses as per ICAI's revised 2023 guid...
CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...
CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...
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...
CA, CS, CMA : ICAI announces empanelment of members as observers for September/November 2024 Chartered Accountants Examinations. Eligible member...
CA, CS, CMA : ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application ...
CA, CS, CMA : Invitation for CA firms to audit XBRL India. Requirements, eligibility criteria, application process, and terms. Apply by 09/08/20...
CA, CS, CMA : Discover the latest updates from the Institute of Chartered Accountants of India for 2025 exams. Detailed analysis of course publi...
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...
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...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
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 ...
CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....
CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...
CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...
CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...
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...
CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...
Extension of Last Date for Payment of Annual Membership and Certificate of Practice Fee for the Year 2013-14 The annual membership fee and certificate of practice fee for the year 2013-14 became due for payment w.e.f. 1st April, 2013. The last date for payment of fee was 30th June, 2013 which has now been extended […]
Let us first segregate the words and then it relate it with our profession. “EMPOWEREMENT” means” STRENGTHNING” and “VALUE ADDITION” in simple terms means -” ADDING VALUE”. So the basic argument is to strengthen the entire Chartered Accountancy profession through value addition of services which will not only help the CA Fraternity to grow but […]
Dear Friends, It’s 6.18 in the morning. After getting back from a small walk, I had my first tea that is usually minus sugar and milk. My newspapers have been delivered. As I start reading some of them, I realise: Few more days and June will be over. July is ready to dawn in. July […]
June 12, 2013 ICAI PRESS RELEASE The Institute of Chartered Accountants of India (ICAI) would like to clarify that the present limit for Statutory Bank Branch Audit is still Rs. 20 crore (of advances) and not Rs. 50 crore as being erroneously reported in some sections of the media. This is to inform that concerted […]
TERMS & CONDITIONS FOR CONCURRENT AUDITORS’ ASSIGNMENT The following norms shall be applicable for appointment of firms of Chartered Accountants as Concurrent Auditors: I. The firm should be either a partnership firm or proprietary firm having Chartered Accountant(s) as partner(s) / proprietor, duly empanelled with RBI; II. The firm or its partner(s) / proprietor have […]
PTI has reported on 09.06.2013 that Union Finance Ministry has raised the audit limit for Statutory Audit of nationalised bank branch from Rs 20 crore to 50 crore turnover for financial year 2013-14. Extract of News received from PTI is as follows :- Union Finance Ministry has raised the audit limit of nationalised bank branch […]
Important Announcement BoS/ Announcement/ 227/2013 June 7, 2013 Sub: Treatment to be given to papers with different nomenclatures and marks spread over the entire duration of graduation / post graduation course for the purpose of admission to the CA Course under Direct Entry Scheme. ————- The Council in order to mitigate the hardship being faced […]
You may never know what results come of your action, but if you do nothing, there will be no result. -Mahatma Gandhi Dear Professional Colleagues, In today’s competitive environment, every Organisation is concerned about developing the potential of its people than ever before. It is healthy business practice that helps in enhancing the performance and […]
Guidance Note on Tax Audit After the introduction of provision for tax audit, the Institute has been bringing out a Guidance Note on Tax Audit to help the members in discharging their responsibilities. The ICAI has approved the revised edition of Guidance Note on Tax Audit, which includes significant amendments made in the Income-tax Act, […]
1. Practice outside India to be reckoned for fellowship As per the Scheme of Chartered Accountants Act, 1949 [Section 5(3)], a member is granted fellowship if he has been in continuous practice for five years within India. Recognising the fact that members of the ICAI have also been practising outside India, it has been decided […]
