Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...
CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...
CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...
CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...
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...
CA, CS, CMA : ICAIs Board of Studies has announced free Live Virtual Classes for CA Final students appearing in May and November 2027 examinatio...
CA, CS, CMA : Apply for concurrent audit assignments at Punjab & Sind Bank for the year 2025-26. Criteria include FCA partner, RBI panel selecti...
CA, CS, CMA : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...
CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...
CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has announced the first bi-annual Western Region Convocation for FY 2026–27...
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...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
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...
CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...
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 The appeal was withdrawn wi...
CA, CS, CMA : The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Appli...
CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
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...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
In terms of the decision taken by the Council following advice received from the Income Tax Department, the Permanent Account Number (PAN) Card details of the members and firm of chartered accountants are required to be included in the Central Database of the Institute.
Take the financial statements, As essential documents of life. Dive as much as you can, So as to enjoy every point and each moment of time.What we get in legacy, Can be named as the opening Stock. What we leave behind as legacy,Can be termed as the closing stock.
Hard work is the essence of the whole universe. There are many routes to a place, but success has only one route. i.e. Hard work which is the shortcut also. Hard work has no substitute either. It gives pleasure, satisfaction, and experience to anybody. Many people don’t believe in the hard work but prefer lethargy to suit their convenience.
Anything that impairs the success of an effort by a person is called as ‘a Handicap.’ In other words, it’s a condition that affects the performance of a person. The handicap might be of mental or physical nature or both. Many people think that having some problem in the body is the disability. The handicapped mind is the biggest defect one should worry, and not the physical disabilities like blindness, dumb, deaf, etc.
Elections are normal in democratic institution. Our Electoral College is uniquely as it impact on both the power of governance of our Alma Mater ICAI and the relative power of member’s livelihood. We, the contestants are not different from others the only difference is that by accepting the challenge of election we have decided a step further. We are going to represent you as a model of true professional which combines the idea of the pivotal player in addition to our role of practicing member.
In life, the only thing you have to do is breathe: everything else is optional only. No individual raindrop ever considers itself responsible for the flood. Life just gives you time and space. It’s up to you avail it properly. Look at life through the windshield, not the rear-view mirror. Man cannot take pride in his self, but appreciates the precious life itself.
Can you name one ultimate thing which everyone in the whole world wants to have? Yes, it is Happiness…!!! Will you please introspect for the minute and ask yourself the reason why we are working for day and night? To buy a house? To open your own business? To purchase a Car? These things will ultimately lead you to some form of joyous feeling called happiness… But will that feeling last lifetime?
Background-: 1. Recently, in October 2015, the International Accounting Standards Board (IASB) who are developing International Financial Reporting Standards [IFRS] has issued two draft documents namely A. Application of Materiality to Financial Statements B. Uncertainty over Income Tax Treatments
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 […]
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.
