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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 342 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 522 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 53940 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 192 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 471 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 100337 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 852 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 627 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 210 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 16107 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 1077 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 1095 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 1569 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 1029 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 738 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 588 Views 0 comment Print


Who Are the Real Builders Of A Nation?

May 1, 2016 2701 Views 0 comment Print

No, Not the planners, financiers, engineers, architects, managers. They are one of the inputs in the production process. These groups sit in their posh air-conditioned offices and strain their brain to do their work. Their job involves mental strain only.

Hey Examinee! “Do thy duty, Result is not thy concern!!”

April 30, 2016 3967 Views 1 comment Print

What happened, if your exams on head? What has been prepared, peacefully go with that. Reach to exam center, with full enthusiasm & zeal. Nothing will debar you, to take/handle & settle big deal.

ICAI President's Message May 2016

April 29, 2016 2023 Views 0 comment Print

The Indian accountancy profession has consolidated itself internationally to register its wise, strong and empowering global presence. Today, Th e Institute of Chartered Accountants of India produces world-class professionals who along with the desired IT and soft skills are professionally competent and fi t to work in and for international economies in multicultural environment.

Go Green initiative: ICAI taking members view on e-Journal

April 26, 2016 2785 Views 0 comment Print

Receding green space of the earth is a serious environmental issue today. As responsible community, we need to address this concern—and sooner the better. Let us not underestimate the power of a group of thoughtful and committed professionals. British architect Richard Rogers says: The only way forward if we are going to improve the quality […]

Company Secretaries Profession on huge demand

April 25, 2016 16081 Views 4 comments Print

The days have done when Company Secretaries (CS) was called up on to take minutes and due pure secretarial works. For layman knowledge, a CS means an individual who has qualified as a CS and enrolled as a Member of The Institute of Company Secretaries of India (ICSI).

Don't Get Cursed Through These Actions

April 23, 2016 2356 Views 1 comment Print

Mohan Thulasingam Life is full of challenges right from the day of birth till the departure from the face of the earth. That too, in the modern world, it becomes very tough and highly competitive due to various factors like scarcity of resources, population growth, greed, polity, religion, etc. In the olden days, people used […]

Peer Review System: Institute of Cost Accountants of India

April 23, 2016 3154 Views 0 comment Print

Peer Review System (PRS) is a mechanism of evaluating the professional/audit and assurance activities/services carried out by a Firm by peers by looking into the systems and procedures adopted and records maintained while carrying out professional/audit and assurance activities with the objective to evaluate and suggest improvements of systems, procedures and quality of reporting.

Draft Guidance Note on Treatment of CSR Activity Costs

April 23, 2016 3310 Views 0 comment Print

Cost Accounting Standards Board (CASB) releases Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities ‘. Cost Accounting Standards Board (CASB), the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’ […]

ICAI Invites to develop Study/Background Material

April 22, 2016 1738 Views 0 comment Print

The Committee intends to develop the content of the Study/Background Material for the aforesaid courses (detailed modules are available at the above mentioned links) and is presently looking for experts having experience in the relevant areas for the following activities:

Common Mistakes by CA Final Students in Audit & Law Papers

April 22, 2016 22483 Views 0 comment Print

CA Kamal Garg Common Mistakes Committed by the CA Final Students in Audit and Law Papers Q. No.: Questions asked on FB Page[1] Wrong Answer(s) given by Students Correct Answer given by the Students Remarks 1. Mr. X, a person resident in India, was found to have holding unaccounted assets in Panama. Advise about the […]

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