Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF, Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.
CA, CS, CMA : Understand deferred tax on security deposits under IND AS 12, balancing DTL on ROU assets and DTA on discounted deposits for accur...
CA, CS, CMA : New e-waste management rules (G.S.R. 801(E)) effective from April 2023 require registration, responsibility, and reporting for man...
CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
CA, CS, CMA : Stay informed with February 2024 legal obligations & updates in India. From Income Tax to GST, understand forms, filing dates, & s...
CA, CS, CMA : Explore the recent CESTAT judgment on Chiripal Poly Films Ltd.'s alleged violation of the pre-import condition. Key insights on in...
CA, CS, CMA : Apply now! Bank of Maharashtra seeks Chartered Accountants' firms for FY 2024-25 Concurrent/Revenue Auditors. Apply online by 14.0...
CA, CS, CMA : ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA...
CA, CS, CMA : CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan M...
CA, CS, CMA : Explore recent updates on corporate tax rates, MSME concerns over tax deductions, and GST rates for shawls as addressed in Lok Sab...
CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...
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 : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...
CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...
CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...
CA, CS, CMA : Explore the ICAI Board of Discipline's ruling on an audit dispute where the respondent's communication via registered post was dee...
CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...
With corporate accounting frauds on the rise, the ICAI has decided to promote forensic accounting to equip chartered accountants with adequate tools to detect white-collar crimes and identify malpractices like money laundering and routing terrorist funds.
Applications are invited online from the firms of Chartered Accountants who intend to be empanelled with this office for the year 2009-2010 for appointment as auditors of Government Companies/Corporations. The format of application along-with the detailed instructions regarding the documents to be furnished will be available on our website: www.cag.gov.in from 1st January 2009 to […]
ICAI Awards 2009 (25th January, 2009) – Do you wish to nominate any leader for the Corporate Awards? DATE FOR NOMINATION EXTENDED UPTO 10TH JANUARY, 2009 These awards are instituted to acknowledge Chartered Accountants in industry who have demonstrated excellence in the way in which they conduct their profession, are exemplary role models in the industry and have […]
Deadline of 31st December, 2008 for completion of minimum 20 CPE hours of structured learning for 2008 extended up to 31st January, 2009.Other details follow.
The Revised Standard on Auditing (SA) 540, ‘Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures’ provides timely guidance on audit of fair value and accounting estimates in the current times of market uncertainty and liquidity crunch. Accounting estimate is an approximation of a monetary amount in the absence of precise means of measurement. Risk of material misstatement increases significantly since accounting estimate involves the use of judgment by the management. This Standard provides specific guidance to auditor while verifying the valuation of complex financial instruments which are not traded in active and open market and transactions involving the exchange parties without monetary consideration. This Standard is applicable for audits of financial statements for periods beginning on or after April 1, 2009.’
The Institute of Chartered Accountants of India has constituted a committee on Public Finance with the objective of extending a helping hand to the Centre, state and local administrative departments in nation building, an official of ICAI said on Monday. ICAI Programme Director V C James told reporters here, the committee’s key objective is to study, review, analyse and recommend measures to tackle the fiscal problems of the central or state governments, PSUs, Civic bodies, financial institutions and local administrative departments.
As your good self are aware that the Council at its 280th meeting held from 7th to 9th August 9, 2008, considered the cited matter. After detailed discussion, the Council authorised CA. Vinod Jain, Chairman, CLC to finalize the Schedule VI and Saral Schedule VI for small and medium companies while appreciating the views/suggestions emerged during the Council meeting and views to be received from the Council members.
ICAI is considering broadcasting 12 hour of programming a day for students and its members. It may be mentioned here that CA professionals have to take mandatory 20 hours of training every year. We feel that with increasing base of membership and students in India and overseas we need to have a mass medium. Our own channel will enable us to reach out to students and professionals more effectively. Also, students will get access to the best resource persons nationwide, Mr Jain said.
Do you wish to nominate any leader for the Corporate Awards? These awards are instituted to acknowledge Chartered Accountants in industry who have demonstrated excellence in the way in which they conduct their profession, are exemplary role models in the industry and have created value to their company’s stakeholders on a sustainable basis.
Empanelment Form For Allotment Of Cooperative Bank Audit Panel Of Auditors For Audit Of Urban Cooperative Banks Having Deposit Exceeding Rs.25 Crores.
