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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


CS Profession@2047- Aspirations & Expectations

CA, CS, CMA : As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 204...

February 10, 2025 168 Views 0 comment Print

February 2025 Due Date Calendar for Tax & Compliance

CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...

February 8, 2025 13380 Views 0 comment Print

Cost Records & Audit in Construction Industry: Applicability & Benefits

CA, CS, CMA : Understand cost records and audit rules for the construction industry, including applicability, special features, and benefits for...

February 8, 2025 219 Views 0 comment Print

Control Area Checklist for Valuation of Inventories in Oracle Fusion

CA, CS, CMA : Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies ...

February 7, 2025 216 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 2nd February 2025

CA, CS, CMA : Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th Januar...

February 7, 2025 4260 Views 0 comment Print


Latest News


ICAI 2024-25 Highlights: Innovation, Growth, and Collaboration

CA, CS, CMA : Explore ICAI's 2024-25 initiatives, including tech adoption, global expansion, MSME support, financial literacy, and alignment wit...

February 10, 2025 93 Views 0 comment Print

Online Empanelment for Concurrent Audit of Central Bank of India

CA, CS, CMA : Apply online for Concurrent Audit assignments with Central Bank of India for the financial year 2025-26. Check eligibility and req...

February 5, 2025 42523 Views 0 comment Print

CSR & Social Governance: Practice Questions – Professional Programme (New Syllabus)

CA, CS, CMA : Practice questions on Social Impact Assessment & CSR Audit, covering impact analysis, principles, methods, and taxation aspects fo...

February 4, 2025 252 Views 0 comment Print

ICAI Guidelines 2024: CA Firm & LLP Aggregation Rules

CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...

February 4, 2025 672 Views 0 comment Print

Bank Branch Auditors’ Draft Panel of CAs/firms for 2024-25

CA, CS, CMA : ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries un...

January 31, 2025 58147 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 3603 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 4779 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 396 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 2076 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 624 Views 0 comment Print


Latest Notifications


ICAI Penalizes CA for Accepting Audit Without Prior Communication or Fee Settlement

CA, CS, CMA : CA Ashish Baheti was found guilty of professional misconduct for accepting audit work without communicating with the previous audi...

February 6, 2025 1911 Views 0 comment Print

ICAI Penalizes CA for Accepting Audit Without Notifying Previous Auditor

CA, CS, CMA : ICAI penalizes a CA for professional misconduct under the Chartered Accountants Act, 1949, involving statutory audit acceptance wi...

February 6, 2025 29373 Views 0 comment Print

ICAI Guidelines for Merger & Demerger of CA Firms

CA, CS, CMA : ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms...

February 1, 2025 1680 Views 0 comment Print

ICAI Aggregation of LLPs Guidelines 2024: Key Provisions

CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...

January 23, 2025 2316 Views 0 comment Print

ICAI Disciplinary Actions Against Chartered Accountants – 3rd January 2025

CA, CS, CMA : ICAI announces disciplinary actions for professional misconduct against five Chartered Accountants, including suspensions and fine...

January 3, 2025 7662 Views 0 comment Print


ICAI will hear Satyam auditor first before passing any order against them

December 24, 2009 636 Views 0 comment Print

Accounting regulator ICAI said on Wednesday it would give auditors of Price Waterhouse in the Satyam scam a chance to present their side before passing any order against them. “I told my office to take permission of the court because I want Director, Discipline, to begin proceedings against them (S Gopalakrishnan and Srinivas Talluri). Unless I listen to them, I cannot pass the order against them… either send them to us or a llow us to hear them while in custody,” ICAI President Mr Uttam Prakash Agarwal said.

WIRC election status as on 24.12.2009

December 24, 2009 1138 Views 0 comment Print

1. Verlekar Gautam Eliminated.2. Paliwal Dayaram eliminated 3. Agarwal Subhash Hariprasad Eliminated 4. Kailash Mantry Eliminated. THE CANDIDATE WISE POSITION AT ELIMINATION NO: 6, WAS AS FOLLOWS:

For the kind information of the DIRM Course pursuing members

December 24, 2009 1638 Views 0 comment Print

Kind attention of the members pursuing Post Qualification Course on Diploma in Insurance and Risk Management (DIRM) who have yet to pass Eligibility Test (ET) Papers is invited towards the last date for submission of ET Papers in order to become eligible to appear in the DIRM Technical Examination to be held in May 2010 (subject to fulfillment of other conditions in this regard) is 31st December, 2009. The soft copy of the ET Question Papers are hosted at our website at the hyperlink http://www.icai.org/post.html?post_id=3650 The ET papers should be posted in a manner so as to reach the following address on or before 31st December, 2009.

WIRC election status at the end of 23.12.2009

December 24, 2009 1289 Views 0 comment Print

Highlights of counting for WIRC election on 23.12.2009:- Counting Closed for the day without completing. CA. Mishra Narottam Lal & Kailash Mantry been eliminated. Counting will start again Tomorrow at 11 am.

Names of audit firms approved as statutory central auditors (SCAs) for 25 public sector banks for the year 2009-10

December 23, 2009 2034 Views 0 comment Print

Allahabad Bank, Kolkata, 1. M/s Venkat & Rangaa, Chennai, 2. M/s Sudit K. Parekh & Co., Mumbai, 3. M/s P.A. & Associates, Bhubaneswar, 4. M/s M. R. Narain & Co., Chennai

Final list of candidates won from WIRC for Central Council

December 23, 2009 858 Views 0 comment Print

* All 8 sitting council members elected. Pune made a come back with Zaware sir. Ahmedabad secured its seat as usual in Dhinal Shah, FYI, his father Shri Ashwin C Shah was too in Central Council for 3 terms consecutively.Nilesh Vikamsey came a new entrant to council. FYI, his brother Kamlesh Vikamsey too had been in Central Council for two terms and is also a past president of our Institute

Government auditor can become CA by passing only final examination, given exemption from CPT/IPC

December 22, 2009 8236 Views 0 comment Print

The nation’s accounting standard-setting body, the Institute of Chartered Accountants of India (ICAI), has changed some rules to allow both new and serving officers of the Indian Audit and Accounts Service (IA&AS) to acquire the qualification of a chartered accountant (CA).

RCOM registered complaint with ICAI against the special government-appointed auditor

December 19, 2009 994 Views 0 comment Print

The Anil Dhirubhai Ambani Group (ADAG) has registered a formal complaint with the accounting regulator – the Institute of Chartered Accountants of India (ICAI) – against the government-appointe d auditor for claiming that its flagship company, Reliance Communications (RCom), had allegedly under-reported revenues and evaded licence fees during 2006-08.

Important Announcement on Empanelment in the panel prepared by Office of C&AG and Bank Branch Auditors’ Panel prepared by ICAI

December 18, 2009 369 Views 0 comment Print

The Council of the Institute at its 242nd meeting held in April, 2004 had decided that there shall be a cut off date for condonation of cases for empanelment purposes as on 1st January and the cases received beyond the cut off date will not be considered for condonation. Accordingly, members may note as under:

PwC executive director Amrish Shah quits; could see major churn involving senior partners

December 17, 2009 855 Views 0 comment Print

Professional services firm PriceWaterhouseCoopers India on Tuesday witnessed the exit of executive director (tax practice) Amrish Shah, even as the industry was rife with rumors that the firm, which is the largest in India, could see a major churn involving senior partners. Mr Shah, who is understood to have left due to professional reasons, was not reachable for comment.

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