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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


Analysis of Notifications and Circulars for Week ending 9th February 2025

CA, CS, CMA : Key regulatory updates from Income Tax, GST, SEBI, RBI, and DGFT for the week ending Feb 9, 2025, covering tax amendments, complia...

February 12, 2025 3954 Views 0 comment Print

CS Profession@2047- Aspirations & Expectations

CA, CS, CMA : As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 204...

February 10, 2025 672 Views 0 comment Print

February 2025 Due Date Calendar for Tax & Compliance

CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...

February 8, 2025 13614 Views 0 comment Print

Cost Records & Audit in Construction Industry: Applicability & Benefits

CA, CS, CMA : Understand cost records and audit rules for the construction industry, including applicability, special features, and benefits for...

February 8, 2025 276 Views 0 comment Print

Control Area Checklist for Valuation of Inventories in Oracle Fusion

CA, CS, CMA : Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies ...

February 7, 2025 246 Views 0 comment Print


Latest News


ICAI Elects New President & Vice-President for 2025-26

CA, CS, CMA : ICAI elects CA. Charanjot Singh Nanda as President and CA. Prasanna Kumar D as Vice-President for 2025-26. The oath was administer...

February 13, 2025 42 Views 0 comment Print

ICAI Revises Guidelines for CA Firm Mergers and Demergers

CA, CS, CMA : ICAI issues updated Merger and Demerger Guidelines 2024 to streamline processes for CA firms, encouraging strategic mergers. Effec...

February 11, 2025 318 Views 0 comment Print

ICAI Announces Live Virtual Classes for CA Foundation

CA, CS, CMA : ICAI to begin live virtual classes from Feb 13 for CA Foundation May & Sept 2025 exams. Interactive sessions with recorded lecture...

February 11, 2025 168 Views 0 comment Print

ICAI 2024-25 Highlights: Innovation, Growth, and Collaboration

CA, CS, CMA : Explore ICAI's 2024-25 initiatives, including tech adoption, global expansion, MSME support, financial literacy, and alignment wit...

February 10, 2025 174 Views 0 comment Print

Online Empanelment for Concurrent Audit of Central Bank of India

CA, CS, CMA : Apply online for Concurrent Audit assignments with Central Bank of India for the financial year 2025-26. Check eligibility and req...

February 5, 2025 43555 Views 0 comment Print


Latest Judiciary


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 3615 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 4785 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 396 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 2082 Views 0 comment Print

Delhi HC Dismisses Plea to Postpone CA Exams Amid Election Concerns

CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....

May 8, 2024 627 Views 0 comment Print


Latest Notifications


ICAI Penalizes CA for Accepting Audit Without Prior Communication or Fee Settlement

CA, CS, CMA : CA Ashish Baheti was found guilty of professional misconduct for accepting audit work without communicating with the previous audi...

February 6, 2025 1971 Views 0 comment Print

ICAI Penalizes CA for Accepting Audit Without Notifying Previous Auditor

CA, CS, CMA : ICAI penalizes a CA for professional misconduct under the Chartered Accountants Act, 1949, involving statutory audit acceptance wi...

February 6, 2025 30483 Views 0 comment Print

ICAI Guidelines for Merger & Demerger of CA Firms

CA, CS, CMA : ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms...

February 1, 2025 2025 Views 0 comment Print

ICAI Aggregation of LLPs Guidelines 2024: Key Provisions

CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...

January 23, 2025 2367 Views 0 comment Print

ICAI Disciplinary Actions Against Chartered Accountants – 3rd January 2025

CA, CS, CMA : ICAI announces disciplinary actions for professional misconduct against five Chartered Accountants, including suspensions and fine...

January 3, 2025 7689 Views 0 comment Print


Issue of COP as per revised format under amended Cost and Works Regulations, 1959

August 20, 2012 1784 Views 0 comment Print

Certificate of Practice of the members who have paid the prescribed fees and submitted the prescribed form for renewal of Certificate of Practice for 2012-2013 within due date but not having requisite CEP credit hours, shall be renewed upto 31st March, 2013 without creating a precedence and their Certificate of Practice so renewed shall be valid subject to their obtaining requisite CEP credit hours within 31st December, 2012 positively.

Employee CA can engage article under him after 3 year of employment with the same firm

August 14, 2012 2386 Views 0 comment Print

This is to inform all concerned that with the issuance of the Notification No.1-CA (7)/145/2012 on August 1, 2012, the period of employment of a paid assistant with the same firm of Chartered Accountants for the purpose of engagement of articled assistants has been increased from twelve months to three years with effect from August 1, 2012.

Empanelment for internal audit with Can Fin Homes Ltd.

August 14, 2012 3369 Views 0 comment Print

Can Fin Homes Ltd.(CFHL), invites applications from the eligible/interested Firms/ Companies for empanelment as External Auditors for conducting Internal Audit at half yearly intervals in the identified 13 branches as per Annexure 1 for the period from 01.07.2012 to 30.06.2015, subject to our norms.

Last Date for MEF submission extended upto 31st August, 2012

August 14, 2012 1328 Views 0 comment Print

This is to inform that Multipurpose Empanelment form for the year 2012-13 (including form for empanelment of Bank Branch Auditors for the year 2012-13) has been hosted on the website www.meficai.org. Last date for submission of online applications on www.meficai.org has been extended upto 31st August, 2012.

Eligibility of a paid assistant working with a firm of CAs for the purpose of engagement of articled assistants

August 14, 2012 1654 Views 0 comment Print

ANNOUNCEMENT Eligibility of a paid assistant working with a firm of chartered accountants for the purpose of engagement of articled assistants – Amendment to the Regulation 43 of the Chartered Accountants Regulations, 1988 This is to inform all concerned that with the issuance of the Notification No.1-CA (7)/145/2012 on August 1, 2012, the period of […]

Risabh Saboo scores 100 out of 100 in 2 IPCE Papers

August 10, 2012 6793 Views 0 comment Print

Rishabh Saboo who appeared for IPCE May 2012 Examination has scored 100 out of 100 in 1. Accounting & 2. Cost Accounting & Financial Management. Snap Shot of Online mark-sheet downloaded from ICAi website is as follows :-

ICAI accepts mistake in decleration of IPCE result of Divya Vasudeva

August 10, 2012 8265 Views 0 comment Print

Yesterday we reported an error in an result declared by ICAI of a student in which she was shown pass despite scoring less then 50%. ICAI has accepted the mistake and issued the following press release :-

CA PCC / IPCC May 2012 Pass Percentage & List of Toppers

August 9, 2012 27410 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) announced the results of following examinations held in May, 2012 on August 7, 2012. Professional Competence Course (PCC) Integrated Professional Competence Course (IPCC) The toppers of Professional Competence Course (PCC) examination held in May, 2012 are from Delhi, Surat & Woollapalem (Andhra Pradesh). The details of the top three rank holders on all India basis for PCC along with the marks secured by them are mentioned at Annexure-A. The pass percentage of students in PCC is placed at Annexure-B.

Shocking – Less then 50% in IPCE Exam still shown Pass

August 9, 2012 51898 Views 6 comments Print

A CA student who appears in one Group of CA IPCE Exams has to score Minimum 50% in Aggregate and 40 marks in each of the three paper. So in aggregate she has to score minimum 150 Marks out of total 300 marks to pass in examination. But recently we come across a case in which a CA student who appeared for May 2012 Examination whose result got declared on 07.08.2012 shown as pass despite scoring in aggregate less then 50% in one of the group She appeared. The student has scored only 133 out of 300 Marks but still shown as pass on CA Result portal http://www.caresults.nic.in . There seems to be some discrepancy in ICAI exam portal which ICAI needs to rectify to stop repeat of such occurrences in future.

Exemption to CA Intermediate Qualified Students from appearing in Foundation Course Examination of CMA exams

August 8, 2012 15027 Views 0 comment Print

In view of grant of exemption by the Institute of Chartered Accountants of India to the Intermediate qualified candidates of the Institute of Cost Accountants of India from passing their Common Proficiency Test, the Institute of Cost Accountants of India has granted exemption on reciprocal basis to the Intermediate Examination (by whatever name called) qualified candidates of the Institute of Chartered Accountants of India from passing the Foundation Course Examination of the Institute of Cost Accountants of India with immediate effect.

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