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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


Audit Planning, Strategy and Execution: Best Practices & Key Considerations

CA, CS, CMA : When it comes to auditing, planning carefully and doing things accurately are crucial for a successful audit. This easy guide expl...

July 19, 2024 237 Views 0 comment Print

Audit Documentation: SA 230

CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...

July 18, 2024 615 Views 0 comment Print

How to calculate Turnover: Key Considerations for Tax Audit

CA, CS, CMA : Learn how to calculate turnover for derivatives, speculative transactions, and multiple businesses as per ICAI's revised 2023 guid...

July 17, 2024 1560 Views 0 comment Print

Professional Misconduct in Tax Audits: Navigating 60-Tax Audit Rule

CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...

July 16, 2024 1215 Views 0 comment Print

Ethical issues in Auditing

CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...

July 13, 2024 663 Views 0 comment Print


Latest News


Eligibility to become CS Mitr under CS Mitr Scheme and Disclaimer

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...

July 19, 2024 630 Views 0 comment Print

Empanelment of Members as Observers for CA Exams – Sep/Nov 2024

CA, CS, CMA : ICAI announces empanelment of members as observers for September/November 2024 Chartered Accountants Examinations. Eligible member...

July 18, 2024 10361 Views 0 comment Print

CA Final November 2024 Exams Time Table

CA, CS, CMA : ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application ...

July 18, 2024 2807 Views 0 comment Print

Apply for Statutory Audit: Chartered Accountant Firms Needed for XBRL India

CA, CS, CMA : Invitation for CA firms to audit XBRL India. Requirements, eligibility criteria, application process, and terms. Apply by 09/08/20...

July 18, 2024 426 Views 0 comment Print

ICAI BoS Publications: Jan 2025 Foundation & Intermediate, Nov 2024 CA Final

CA, CS, CMA : Discover the latest updates from the Institute of Chartered Accountants of India for 2025 exams. Detailed analysis of course publi...

July 15, 2024 99 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 2928 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 4101 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 213 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 1131 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 444 Views 0 comment Print


Latest Notifications


Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 13, 2024 708 Views 0 comment Print

ICAI removes name of 14 members for Professional Misconduct

CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...

June 28, 2024 1434 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 12, 2024 1035 Views 0 comment Print

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

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...

June 12, 2024 438 Views 0 comment Print

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...

June 12, 2024 429 Views 0 comment Print


PwC fined £1.4 million by regulators

January 8, 2012 1135 Views 0 comment Print

PricewaterhouseCoopers (PwC) has been fined £1.4 million by regulators, after it signed off a report containing serious rule-breaking client money practices at JP Morgan Chase – the result of a major IT switchover that failed to keep pace with changed business processes. The Accountancy and Actuarial Discipline Board (AADB) issued the fine as it ruled that PwC wrongly reported over a seven year period that JP Morgan had maintained the right systems to correctly separate clients’ money from its own.

ICAI charges Satyam CEO Vadlamani amd Auditor Srinivas of misconduct

January 7, 2012 387 Views 0 comment Print

Three years after the multicrore Satyam accounting fraud came to light, the Institute of Chartered Accountants of India on Thursday found the chief financial officer of the erstwhile Satyam Computer Services Ltd guilty of professional misconduct. The ICAI also found Talluri Srinivas, partner, Price Waterhouse Coopers, then statutory auditors of Satyam guilty for not complying with professional standards.

Revised draft Bank Branch Auditors’ Panel for the year 2011-12

January 7, 2012 1136 Views 0 comment Print

Revised draft Bank Branch Auditors’ Panel for the year 2011-12 has been hosted at www.meficai.org and will be available till 10th January, 2012. MEF00001 to MEF10000 MEF10001 to MEF20000 MEF20001 to MEF30000

Empanelment with CAG for audit of Public Sector Undertakings/Statutory Corporations for the year 2012-2013

January 6, 2012 7378 Views 0 comment Print

Chartered Accountant firms in the country with at least one full time FCA (Partner/Sole Proprietor) as on 1st January 2012 can apply for empanelment with the office of the CAG of India for allotment of audit of Public Sector Undertakings/Statutory Corporations for the year 2012-2013. The term full time for partner/sole proprietor /CA employee does not include: i) A partner/sole proprietor in other firm;

FMs speech at International Conference organised by ICAI

January 6, 2012 871 Views 0 comment Print

Union Finance Minister, Shri Pranab Mukherjee’s speech at Chennai Trade Centre “The global financial crisis and the current international economic environment has brought into focus significant challenges for governments across the world. India has also been impacted and continues to face challenges on several fronts. Yet, I would say that we have done well in maintaining the growth momentum in what have been uncertain and difficult times. More importantly, we have taken important steps in creating a policy framework for pursuing ‘inclusive growth’ as the core of our development agenda.

ICAI Invites to Participate in the Activities of the Internal Audit Standards Board on January 08, 2012

January 6, 2012 270 Views 0 comment Print

As you are aware, the Institute of Chartered Accountants of India is the regulator of chartered accountancy profession in India, having been set up by the Parliament under the Chartered Accountants Act, 1949. The Internal Audit Standards Board of the Institute of Chartered Accountants of India was constituted in 2004 to reinforce the primacy of the Institute of Chartered Accountants of India in the area of internal audit. The primary mission of the Board is to enable its members to provide more effective and efficient value added services relating to internal audit to the Industry and others by issuing Standards on Internal Audit, Guidance Notes and Industry Specific Technical Guides. For this purpose, the Board as identified in the Action Plan/ Road Map had a three pronged approach as follows:

Empanelment for migration audit of Neelachal Gramya Bank CBS system

January 6, 2012 2993 Views 0 comment Print

Proposals are invited from interested CA firms for migration audit of Neelachal Gramya Bank CBS system. The details of the scope, terms and conditions of this migration audit is as under.

ICAI announces Amnesty For Retrospective Restoration of Names From Register of Members and Certificate of Practice

January 5, 2012 1099 Views 0 comment Print

With a view to mitigating the hardships being faced by such members whose names stand removed as on date due to non-payment of membership fee, the Council has decided to give them an opportunity by way of General Amnesty for restoration of their names retrospectively.

Extension of Common Proficiency Course (CPC) registration date upto 4th April, 2012

January 4, 2012 973 Views 0 comment Print

In view of the closure of banks on account of yearly closing on 31st March, 2012, the last date for registration for Common Proficiency Course (CPC) shall be 5th April, 2012 for being eligible to appear in the Common Proficiency Test (CPT) to be held in June, 2012.

CBI arrests Vijay Sai Reddy, auditor of Y S jagan; Who is Vijay Sai Reddy?

January 4, 2012 15953 Views 0 comment Print

In a sign that the Central Bureau of Investigation (CBI) is strengthening its case against Kadapa MP and YSR Congress leader Y S Jaganmohan Reddy, the agency on Monday arrested Vijay Sai Reddy, auditor for Jagati Publication, which runs Sakshi newspaper and television channel. The arrest comes after a year-long investigations in the case that the son of former Andra Chief Minister Y S Rajasekar Reddy had amassed disproportionate wealth. The agency questioned Vijay Sai in its camp office of Dilkusha guest house on Monday morning before arresting him later in the day. Vijay has been accused no 2 in the case. His firm has been the auditor for YSR family for nearly three generations.

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