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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 399 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 552 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 53961 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 195 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


CA Final Live Virtual Classes for May 2027 and November 2027 Examinations

CA, CS, CMA : ICAIs Board of Studies has announced free Live Virtual Classes for CA Final students appearing in May and November 2027 examinatio...

June 10, 2026 5382 Views 0 comment Print

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 101000 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 858 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 636 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 213 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 1083 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 1104 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 600 Views 0 comment Print


ICAI allows to complete Advanced ITT Course after Final Examination

June 27, 2015 1663 Views 0 comment Print

Students who have registered for Practical Training on or after February 1, 2013 and are eligible to appear in Final Examinations from November, 2015, are allowed to complete the Advanced ITT course after the Final Examination but before enrolling as a member of the Institute.

Secretarial Standards are applicable w.e.f. 1st July 2015

June 26, 2015 14170 Views 0 comment Print

These Secretarial Standards (SS-1 and SS-2) shall apply to Board Meetings and General Meetings, in respect of which Notices are issued on or after 1st July, 2015.

Black Money Law-your urgent response requested with respect to Rules Framing

June 25, 2015 465 Views 0 comment Print

As you are aware, the law on BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX has already been enacted. The Rules are in framing. We want to make urgent representations with reference to the issues which can be taken care in the Rules.

Applications for Empanelment as Stock Auditor with Allahabad Bank

June 25, 2015 18350 Views 0 comment Print

Applications are invited from the Firms of Chartered Accountants for the purpose of Stock and Book Debts audit of accounts with various branches of Allahabad Bank in the states of Andhra Pradesh and Telangana. Those firms having branch (es) either in A.P. or in Telangana and are interested to empanel as Stock Auditors with Bank may submit application as per the format attached and the last date for receipt of the application at our office at the above address shall be 06.07.2015.

Relaxation in number of Audit – High Level Committee on Tax Laws

June 23, 2015 1286 Views 0 comment Print

You would be glad to know that that the long awaited Notification to exempt private companies under section 462 of the Companies Act 2013 has been recently issued by the Ministry of Corporate Affairs. ICAI has highlighted need for a clarification in this regard on various occasions. There was no apparent need to put a cap on the number of audit of small and medium companies.

Audit Under Banking Environment

June 23, 2015 4342 Views 0 comment Print

Banking sector: The IT saga in Indian banking commenced from the mid-eighties of the twentieth century when the RESERVE BANK took itself the task of promoting automation in banking to improve customer service, book keeping, MIS and productivity.

Satyam Case-: an eye opener

June 23, 2015 6912 Views 0 comment Print

We have been taught that an audit conducted with a view to give an opinion about the truthful and fairness of financial statements, it does not include the objective to find out frauds / errors. Though the principle has remained constant, the expectations thereof have gone a sea change.

RTI- Banks to inform their guideline/regulations which requires CAs to certify project reports/ balance sheets 

June 23, 2015 25976 Views 11 comments Print

Appellant Mandeep Singh filed RTI’s to the head offices of the Banks for seeking information, whether head office issued any directions that Project Reports, Projected Balance Sheets and CMA data should be certified by Chartered Accountants.

What’s next for CA firm Practice?

June 22, 2015 32662 Views 0 comment Print

Fewer opportunities for the profession will definitely going to pose challenges to both individual Chartered Accountants and to their regulator, the Institute of Chartered Accountants Of India. There is a phenomenal growth of Chartered Accountants in the last one decade and a new trend is shaping up that a considerable number of members have been taken up employment in preference to practice on account of opportunities and the best payout in the industry.

Empanelment with SBI for Concurrent Audit by LHO Bhubaneswar

June 18, 2015 9845 Views 0 comment Print

LHO, BHUBANESWAR- INVITES APPLICATION FOR SELECTION AND EMPANELMENT OF CHARTERED ACCOUNTANT FIRMS FOR OUTSOURCING OF CONCURRENT AUDIT AT STATE BANK OF INDIA, BHUBANESWAR Start Date :11-JUN-2015 – Close Date :27-JUN-2015 1. State Bank of India: Overview State Bank India (“SBI” or “Bank”) a body corporate constituted under the State Bank of India Act, 1955 having […]

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