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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...
The Satyam revelations in January 2009 led to a re-look at the regulatory provisions that exist. The Council of the Institute accordingly constituted a Core Group to analyse the issues arising out of Satyam Episode and to inter alia make suitable recommendations for policy and regulatory changes in the legal frame work.
As part of our responsibility to train officials of various departments of the Government and public sector undertakings on the matter of IFRS implementation, meetings were held with the Secretary, Ministry of Urban Development, CMD, Power Finance Corporation, Finance Advisor, Department of Telecommunications, etc. As a matter of follow-up, details of the training programmes/workshops are being sent wherever desired. Also, meetings with officials of various Departments and public-sector undertakings are being arranged. It shall be our sincere endeavour to perform the role in a manner befitting the ICAI as expected of us by the Ministry of Corporate Affairs.
POWERGRID intends to select an Auditor for World Bank funded projects for auditing of the annual Project Financial Statements (PFS) for the Financial Year 2009-2010. The objective of the audit of the PFS is to enable the auditor to express a professional opinion as to whether – (i) The PFS provides a true and fair view of the financial position of the project at the end of the period under audit examination; (ii) The funds were utilized for the purposes for which they were provided and; and (iii) Expenditures shown in the PFS are eligible for financing under the relevant loan agreement.
Maytas Infra Ltd today maintained that it has documentary evidence to show that Mahindra Satyam (Satyam Computer) was the ultimate beneficiary of Rs 324 crore, which was handed over as inter-corporate deposits (ICDs). This is part of Rs 392 crore ICDs, which the erstwhile promoters of Maytas Infra Ltd, passed on to other corporate entities, including Mahindra Satyam.
SBI Life (“the Company”) seeks to invite proposals from interested parties for conducting the audit of corporate agents of the Company. The work involves carrying out on site/ off site inspection based on the defined checklist provided by the Company. This request for proposal is an invitation to the Chartered Accountant Firms who have substantial experience in carrying out inspection of Insurance Companies. The expected number of corporate agents (including banks who are corporate agents) is around 140 spread across the country.
India’s apex audit and accounting body wants more regulatory powers to prevent frauds such as the one perpetrated by B. Ramalinga Raju, the founder of Satyam Computer Services Ltd. The Institute of Chartered Accountants of India (Icai), in a report to the ministry of corporate affairs (MCA), has asked that its committees be given the power to summon witnesses and ask for production of records of companies when it is investigating corporate and accounting frauds perpetrated by audit firms.
The Mahindra group and the various enforcement agencies appear to have different viewpoints on the treatment of the Rs 1,230-crore, which Mr Ramalinga Raju had personally invested in the erstwhile Satyam Computer Services between 2007 and 2009.
The next Professional Competence Examination (PCE), Integrated Professional Competence Examination (IPCE) and Final Examinations of the Institute will be held from 8th November-2010 to 22nd November-2010 at the following centres :
A Certified Facilitation Centre (CFC) is a facility, other than the physical front offices or Facilitation Centres of CBEC, which may be set-up and operated by a practicing Company Secretary (PCS) to whom a certificate is issued under the ACES project, where the assessees of Central Excise and Service Tax can avail the facility to file their returns and other documents electronically along with associated facilitation on payment of specified fees.
Three persons, including a former IAF staffer, who were arrested by the CBI for cheating a chartered accountant of over Rs 75 lakh, were on Wednesday remanded in judicial custody by a sessions court. The accused had allegedly cheated the complainant on the pretext of helping him to sell his products and getting some of his projects pending with the government cleared.
