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CA, CS, CMA : As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 204...
CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...
CA, CS, CMA : Understand cost records and audit rules for the construction industry, including applicability, special features, and benefits for...
CA, CS, CMA : Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies ...
CA, CS, CMA : Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th Januar...
CA, CS, CMA : Explore ICAI's 2024-25 initiatives, including tech adoption, global expansion, MSME support, financial literacy, and alignment wit...
CA, CS, CMA : Apply online for Concurrent Audit assignments with Central Bank of India for the financial year 2025-26. Check eligibility and req...
CA, CS, CMA : Practice questions on Social Impact Assessment & CSR Audit, covering impact analysis, principles, methods, and taxation aspects fo...
CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...
CA, CS, CMA : ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries un...
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...
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...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
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 ...
CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....
CA, CS, CMA : CA Ashish Baheti was found guilty of professional misconduct for accepting audit work without communicating with the previous audi...
CA, CS, CMA : ICAI penalizes a CA for professional misconduct under the Chartered Accountants Act, 1949, involving statutory audit acceptance wi...
CA, CS, CMA : ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms...
CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...
CA, CS, CMA : ICAI announces disciplinary actions for professional misconduct against five Chartered Accountants, including suspensions and fine...
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
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;
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.
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:
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.
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.
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.
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.
Very rarely moments come into the life of a professional body, where a call is taken on the way forward, so as to realise its true potential. Such a moment came in December 2011, when emotions ran high amongst us, as to what will finally emerge through the churning process that happened in the Parliament-the highest legislature of the country, which passed the Cost and Works Accountants (Amendment) Bill 2011. As all of you are aware, the Rajya Sabha passed the bill on 12th December 2011 with some amendments. The LokSabha passed it without further amendments to the bill that was passed in RajyaSabha. While this entire episode had our profession in the centre of the arena fighting a battle, but the happenings on the sidelines by unaffected parties, turned the tables against our just demand for decades. The details of the bill passed by RajyaSabha is available at http://164.100.24.219/BillsTexts/RSBillTexts/PassedRajyaSabha/cost%20work.pdf
Ministry of Corporate Affairs has accorded approval to the proposal of the Institute of Cost and Works Accountants of India (ICWAI) to give membership to and charging of fees from the members of the Institute of Public Accountants (IPA), Australia and the Institute of Management Accountants (IMA), USA in terms of the MOUs entered into by the ICWAI With these Institutes.
