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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


Ind AS 116 & IFRS 16: Understanding Lease Substitution Rights

CA, CS, CMA : Learn how Ind AS 116 & IFRS 16 define lease substitution rights. Understand when asset control determines lease recognition in fin...

March 25, 2025 81 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 23rd March 2025

CA, CS, CMA : Key updates on Income Tax, GST, Customs, and more, including tax data sharing, high-risk e-verification, and recent judicial rulin...

March 25, 2025 3042 Views 0 comment Print

Bank Branch Audit 2024-25: Key Areas & Compliance Checklist

CA, CS, CMA : Key areas for Bank Branch Audit 2024-25, covering statutory reports, loan audits, NPA guidelines, compliance, cyber fraud impacts,...

March 25, 2025 1944 Views 0 comment Print

Dead Horse Theory in IT: Recognizing When to Move On

CA, CS, CMA : The Dead Horse Theory in IT explains why companies persist with outdated projects or technologies. Learn its risks and how to avoi...

March 23, 2025 966 Views 0 comment Print

Bombay HC Directs ICAI to Probe Non-Practicing CAs

CA, CS, CMA : Bombay High Court directs ICAI to investigate non-practicing CAs involved in illegal activities and possible professional miscondu...

March 20, 2025 13572 Views 0 comment Print


Latest News


ICAI Extends 75% Fee Concession for CA Students Till 2028

CA, CS, CMA : ICAI extends 75% concession on CA registration fees for students from Jammu & Kashmir, Ladakh, Andaman & Nicobar, and 8 North-East...

March 23, 2025 1323 Views 0 comment Print

Empanelment of CA Firms for Concurrent Audit by IDBI Bank

CA, CS, CMA : IDBI Bank invites applications from eligible CA firms for empanelment as Concurrent Auditors. Apply online from 11.03.2024 to 28.0...

March 15, 2025 121086 Views 41 comments Print

Empanelment of Standing Counsels for Income Tax Department, Delhi

CA, CS, CMA : Apply for Senior and Junior Standing Counsel positions to represent the Income Tax Department, Delhi, in courts and tribunals. Dea...

March 10, 2025 11889 Views 0 comment Print

Bank of Baroda invites EOI for Concurrent Auditors Appointment

CA, CS, CMA : Participate in Bank of Baroda Expression of Interest (EOI) for Chartered Accountant firms to conduct Concurrent Audits of Branches...

March 10, 2025 176083 Views 17 comments Print

ICAI President’s Message – March 2025

CA, CS, CMA : ICAI's 73rd President outlines plans for tax reforms, global outreach, and professional growth. Key budget recommendations and fut...

March 7, 2025 4107 Views 0 comment Print


Latest Judiciary


BoD’s Failure to Justify Dishonor of Cheques as Misconduct Leads to Remand for Reconsideration: Delhi HC

CA, CS, CMA : Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reaso...

March 18, 2025 408 Views 0 comment Print

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 3669 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 4836 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 432 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 2142 Views 0 comment Print


Latest Notifications


Prefix “CA” isn’t your Netflix password: CAAS Advisory on Proper Uses

CA, CS, CMA : Chartered Accountants Association Surat advises members to use the "CA" prefix responsibly, ensuring compliance with professional ...

March 20, 2025 8514 Views 0 comment Print

ICAI Issues Corrigendum for CA Firm Merger Guidelines 2024

CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...

February 18, 2025 282 Views 0 comment Print

ICAI clears CA from Charge of misappropriation of Rs. 7 crore

CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...

February 10, 2025 900 Views 0 comment Print

CA Cleared of Misconduct Charges in NOC Dispute Case

CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...

February 10, 2025 363 Views 0 comment Print

ICAI Board Clears CA of Misconduct Charges in Swan Telecom Case

CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...

February 10, 2025 189 Views 0 comment Print


ICSI makes representations to Ministry to safeguard interest of its members

April 4, 2014 1966 Views 0 comment Print

The Council is extremely pained at the provisions in rules notified under the Companies Act, 2013. It shares the concerns of the members and students fully. The rules are substantially different from the draft rules. The draft rules provided for applicability of certain critical provisions of the Companies Act, 2013 to all companies, private or public. The notified rules have excluded private companies from application of those provisions of the Act.

DTC, 2013 Includes Cost Accountant in definition of Accountant – CMA President

April 3, 2014 4026 Views 0 comment Print

I am happy to inform that after several persuasions for long years by the Institute, the name of Cost Accountant have been included in the definition of Accountant in the Direct Tax Code , 2013 which intend to consolidate the law relating to Income Tax and wealth Tax hosted for public comments.

Concurrent audit & quarterly review of same Bank cannot be undertaken simultaneously – ICAI

April 3, 2014 1531 Views 0 comment Print

Clarification on prohibition of simultaneously undertaking Concurrent Audit and Quarterly Review of the same Bank. – (02-04-2014) Since queries are being received from members at large on the issue, it is accordingly hereby clarified that concurrent audit and the assignment of quarterly review of the same Bank cannot be undertaken simultaneously as the concurrent audit […]

Clarification on applicability of Finance Act, 2013 and CAR 2011, CARR 2011 and CASs for CMA Examinations

April 2, 2014 1556 Views 0 comment Print

It is clarified for general information of all concerned that: (A) Finance Act, 2013 shall be made applicable involving Assessment Year 2014-15 for the following papers in June 2014 and December 2014 terms of Examinations of the Institute:

Modified Training Structure for CS students from 1st April, 2014

April 1, 2014 13975 Views 0 comment Print

No candidate shall be admitted to Executive Programme Examination unless he is a registered student and applies with such examination fees as may be determined by the Council from time to time, in accordance with the directions given by the Council.

Cut-off date for registration to Common Proficiency Course (CPC)

April 1, 2014 664 Views 0 comment Print

Important Announcement For the Attention of Students registering for Common Proficiency Course (CPC) Announcement/227/14 January 8, 2014 Sub: Cut-off date for registration to Common Proficiency Course (CPC) to become eligible for appearing in Common Proficiency Test (CPT) to be held in June/ December every year. It is brought to the notice of all candidates who […]

ICAI President's Message – April 2014 – (31-03-2014)

April 1, 2014 1584 Views 0 comment Print

Dear Professionals, Warm greetings to all of you! You may find it interesting that when the first woman chartered accountant Ms. Ethel Watts called accountancy an eccentric choice of profession for women in 1924, it didn’t sound strange, including in India. But with Ms. Shirin K. Engineer of Mumbai and Ms. R. Shivabhogam of Chennai […]

ICAI – Sharing of Firm details for ranking is not permitted

March 31, 2014 4112 Views 0 comment Print

Announcement reg. abstaining from sharing of Firm details intended for comparison of Firms. No. ICAI/ESB/2014/01 It has been brought to the notice of some members that certain entities are seeking details of the Chartered Accountants firms, for the purpose of making ranking of the various Firms through comparison of different parameters.

Sure key to achieve prosperity in life

March 29, 2014 406 Views 0 comment Print

Most of the people in the world are not aware of the fact that the Cosmic plan for all living beings on the planet earth is so designed that there is a provision for all, as far as the material requirements are concerned. In this context, it must be realized that the universe is abounding in all good things, material as well as spiritual, but still most of the persons are busy in blind pursuit to secure a few gold coins or a few acres of dirt and it then that we realize how destructive and ignorant selfishness is.

ICAI issues Roadmap to IFRS

March 26, 2014 2721 Views 0 comment Print

The Council of the ICAI, at its last meeting, held on March 20-22, 2014, has finalised the roadmap.  The revised roadmap recommends Ind AS to be implemented for the preparation of Consolidated Financial Statements of listed companies and unlisted companies having net worth in excess of Rupees 500 crore from the accounting year beginning on […]

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