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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 411 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 53964 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 5385 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 101240 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 639 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 1110 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-Rules and Procedures for obtaining opinion from Expert Advisory Committee

November 2, 2011 5070 Views 0 comment Print

The fast changing and immensely competitive environment often calls upon organisations to enter into complex business deals and transactions where accounting practices and norms are not yet settled. In such situations, accounting for transactions and auditing thereof becomes a difficult task. This gives rise to the need for authoritative guidance on such matters. The Expert Advisory Committee (EAC) of the Institute of Chartered Accountants of India fits into the role of giving such authoritative guidance in the form of Opinions on matters relating to application and implementation of accounting and auditing standards and other pronouncements comprising generally accepted accounting and auditing principles under peculiar and intricate situations.

ICAI – President's Message – November 2011

October 31, 2011 1211 Views 0 comment Print

Dear Friends, In my message, this time, I would like to recall Shri V. Narhari Rao, the first Comptroller and Auditor General of independent India, who had come to our headquarters in Delhi, on the occasion of the First Conference of Chartered Accountants of India, on 5th April, 1954, to deliver the last distinguished talk of the […]

ICAI invites comments /suggestions on Discussion paper on Tax accounting Standards released by CBDT

October 31, 2011 807 Views 0 comment Print

The Central Board of Direct taxes has recently released a Discussion paper on Tax Accounting Standards (TAS) for comments/suggestions by all stakeholders. The Direct Taxes Committee of ICAI is in the process of considering the inputs to be given to CBDT with regard to the same.

ICSI – Briefs of professional or other misconduct cases

October 30, 2011 2945 Views 0 comment Print

Briefs of professional or other misconduct cases filed against the members in which the Disciplinary Committee of the Institute has found them guilty and has decided to remove their names from the Register of Members vide its Orders dated 3rd October,2011.

Request for Proposal – Appointment of CA firms For Internal Audit Services of PNB Housing Finance Ltd.

October 25, 2011 8922 Views 0 comment Print

RFP terms and conditions 1. Project Objective The Company wishes to appoint a competent internal audit firm to frame a Risk based Internal Audit Model & perform internal audit services for the Company in a co-sourcing model. The objective of the audit is as below: Provide recommendation for set up of organizational structure for Internal […]

Empanelment with RailTel Corporation of India Ltd. for Appointment of Internal Auditors

October 25, 2011 25125 Views 0 comment Print

RailTel Corporation of India Ltd invites offers for Appointment of Internal Auditors for its Corporate Office at Delhi and its branch offices at Mumbai, Kolkata, Hyderabad and Delhi from firms of Chartered Accountants empanelled with Comptroller and Auditor General of India for the second half year of F.Y.2011-2012 and further extendable to 2 year based on one packet system in stamped sealed covers

ICAI – Empanelment as a Technical Reviewer with the Quality Review Board

October 25, 2011 849 Views 0 comment Print

Announcement for Empanelment as a Technical Reviewer with the Quality Review Board The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the following functions:- (a)    to make recommendations to the Council with regard to the quality of […]

Empanelment of CA/ICWA for Special audit of Service Tax assessees

October 25, 2011 14047 Views 1 comment Print

The Service Tax department proposes to order for conduct of special audit of Service Tax Assessees by the Chartered Accountant and Cost Accountants under Section 14AA of the Central Excise Act, 1944, as made applicable to Service Tax under Section 83 of the Finance Act, 1944. For this purpose, it is proposed to make a panel of CA/ICWAI who may be assigned the task of audit.

Exposure Draft of Amendments to Indian Accounting Standard (Ind AS) 1 Presentation of Financial Statements

October 20, 2011 765 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Indian Accounting Standard (Ind AS) 1, Presentation of Financial Statements, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording.

Exposure Draft of Amendments to Indian Accounting Standard (Ind AS) 101 First-Time Adoption of Indian Accounting Standards

October 20, 2011 774 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Indian Accounting Standard (Ind AS) 101, First-time Adoption of Indian Accounting Standards, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording.

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