Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...
CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...
CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...
CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...
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...
CA, CS, CMA : ICAIs Board of Studies has announced free Live Virtual Classes for CA Final students appearing in May and November 2027 examinatio...
CA, CS, CMA : Apply for concurrent audit assignments at Punjab & Sind Bank for the year 2025-26. Criteria include FCA partner, RBI panel selecti...
CA, CS, CMA : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...
CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...
CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has announced the first bi-annual Western Region Convocation for FY 2026–27...
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...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
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...
CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...
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 The appeal was withdrawn wi...
CA, CS, CMA : The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Appli...
CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
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...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
Taking a strong note of State Bank of India’s huge profit erosion for March quarter due to higher provisions, accounting regulator ICAI on Friday said it would send a letter asking the country’s largest lender to explain the reasons for higher provisions for bad loans.
The Quality Review Board of the Institute, in its meeting held on 4th June 2011, has approved the release of Exposure Draft of Guidance Manual for Audit Quality. The proposed manual may be modified in light of comments / suggestions received.
Pursuant to Hon’ble Court’s orders dated the 19.04.2011, Official Liquidator attached to the High Court of Delhi, invite bio data/Applications from qualified and desirous Chartered Accountants, who arc enrolled as Members of the Institute of Chartered Accountants of India and in active practice for at least 03 years and are interested to be empanelled for the Official Liquidator as Auditors in the Companies under liquidation. The applicants who are interested may submit their bio-data/application inter alia stating (i) the details of income during the last 3 years. (ii) Furnish recommendations of two practicing Chartered Accountants having atleast 10 years practice, (iii) no disciplinary proceedings are pending.
The process of organizing the 11th ICSI National Award for Excellence in Corporate Governance 2011 which was instituted in the year 2001 by the Institute of Company Secretaries of India has commenced. The Award aims to identify corporates which best establish and follow good corporate governance norms in letter and spirit. The award is based on the outcome of concerted and comprehensive process which includes the evaluation of responses of the participating companies to questionnaires designed by the Institute.
The Convocation for the newly enrolled Members admitted during the period September, 2010 to February, 2011 will be held as per schedule given below with a view to inculcate a sense of belongingness and attachment with the Institute.
1.Applicant should be a Partnership Firm with minimum of 2 partners. 2. The allocation of branches to the Auditors will be purely the prerogative of the Bank. 3. The Concurrent Audit firm should furnish the name and qualification of the persons, who would be conducting the audit before commencing audit assignment and such persons will have to continue audit for all the months.
The Khadi and Village Industries Commission (KVIC) is seeking proposals from Audit firms with extensive audit experience to conduct Management Audit (II Phase) of its Khadi Institutions across India. The purpose of this audit is to assess the suitability of the Khadi Institution to receive ADB funded assistance for the reforms under the ‘Khadi Reform and development programme”. The main objectives are as follows:- KVIC-AUDIT – Request for Proposal – Audit Services for KVIC – Khadi Institutions
I am happy to share with you a very significant development regarding the profession. In my last month’s communiqué I had informed you that other issues concerning our profession as recommended by the Expert Group will be implemented shortly. You may be aware that the basic tenet of the recommendations of the Expert Group was maintenance of principle based cost accounting records. The Expert Group had also recommended that instead of individual product/industry based cost accounting records, the Government should adopt principle based uniform cost accounting record rules. I am extremely happy to inform our members that the Central Government has now issued Companies (Cost Accounting Records) Rules 2011 vide notification dated 3rd June 2011.
The Institute of Chartered Accountants of India (ICAI), set up by an Act of Parliament – The Chartered Accountants Act, 1949 – has established ICAI Accounting Research Foundation (ICAI-ARF) in January, 1999, as a Section 25 company – a core research body in the areas of accounting, auditing, capital markets, fiscal policies, monetary policies and other related disciplines. Over the years, it has accelerated its work programme as an academy for imparting, spreading and promoting knowledge, learning, education and understanding in the various fields related to the profession of accountancy.
XBRL – A New Financial Reporting Language -Businesses are adapting to an operating environment which increasingly focuses on improved corporate governance and better risk management. In response to changing expectations of stakeholders towards transparency and good governance, a technology led new information management environment is continuously emerging. New standards of financial reporting like Extensible Business Reporting Language (XBRL) a language for the electronic communication of business and financial data is revolutionizing business reporting around the world.
