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 ICAI's Guidance Note on Financial Statements for Non-Corporate Entities. Learn its framework, mandatory aspects, and im...
CA, CS, CMA : Deciding between CA practice or a job? Understand pros, cons, skills required, and key factors to consider before making this cruc...
CA, CS, CMA : The Government of India has introduced several significant amendments to the Income Tax Act, which will come into effect from Apri...
CA, CS, CMA : Learn how to stay calm and tackle challenges during tough times. Gain insights on handling stress, seeking support, and developing...
CA, CS, CMA : Introduction Tax Deducted at Source (TDS) is a crucial mechanism for collecting taxes at the point of income generation. The India...
CA, CS, CMA : Now, all three levels—CA Final, Intermediate and Foundation will have an equal number of attempts each year, providing students ...
CA, CS, CMA : Over ₹6.34 lakh crore in unpaid taxes linked to untraceable defaulters. Govt takes measures like asset tracking and account free...
CA, CS, CMA : Revenue Department raises appeal limits for ITAT, High Court, and Supreme Court, benefiting over 10,000 cases in tax and customs, ...
CA, CS, CMA : ICAI extends 75% concession on CA registration fees for students from Jammu & Kashmir, Ladakh, Andaman & Nicobar, and 8 North-East...
CA, CS, CMA : IDBI Bank invites applications from eligible CA firms for empanelment as Concurrent Auditors. Apply online from 11.03.2024 to 28.0...
CA, CS, CMA : Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reaso...
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 : Chartered Accountants Association Surat advises members to use the "CA" prefix responsibly, ensuring compliance with professional ...
CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...
CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...
CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...
CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...
Independent directors of Satyam were not involved in the multi-crore accounting fraud in the IT company and were kept in the dark by founder-chairman B Ramalinga Raju, the Serious Fraud Investigation Office has concluded. The over 14,000-page report submitted to the government, marking the end of three month-long investigation, the probe agency of the Corporate […]
India’s accounting standards regulator on Wednesday opposed the proposed sale of Satyam Computer Services to Tech Mahindra before restating the accounts of the scam-hit IT outsourcing company. “I am not happy with the deal as the company’s correct financial position was not yet known,” Institute of Chartered Accountants of India (ICAI) president Uttam Prakash Agarwal […]
The 1.5 lakh-member strong chartered accountants’ profession could witness a big showdown. UTVi learns that the accounting regulator, Institute of Chartered Accountants of India (ICAI), has issued notices to the big four accounting firms – KPMG,PwC, E&Y and Deloitte — asking them to provide exhaustive information on their international affiliations. The regulator has also asked […]
While acknowledging and appreciating the initiatives and the efforts undertaken by the Committee on Management Accounting (CMA) especially its Chairman, CA Vinod Jain, FCA. I am happy to inform you that the Committee on Management Accounting has launched Master in Business Finance as a Certificate Course for the members of the Institute. The word Master […]
Professional Development Committee at its 185th meeting held on January 30, 2009 approved the attached “Recommended Scale of Fees for various kind of assignment” ( which is in addition to the council decision on revision of recommended scale of fee chargable for the work done by the members of the Institute). http://www.icai.org/resource_file/15792revised_fee_scale.xls
It may now be easier for exporters to borrow money at a cheaper rate under the discount scheme offered by the government in select sectors. RBI, the country’s apex financial institution, is planning to do away with the mandatory requirement of submitting audit certificates from chartered accountants establishing the product being exported to avail the […]
IT services provider Tech Mahindra is the new owner of Satyam Computer Services. The company bid the highest at Rs 58 per share, pipping Satyam Saga: Rise, fall and resurrection rivals engineering firm Larsen & Toubro and billionaire investor Wilbur Ross to the post. Engineering firm L&T bid at Rs 45.90 per Satyam share, Kiran […]
KPMG and Deloitte, auditors appointed to restate the financials of the fraud-hit Satyam Computer Systems, have found instances of `amateurish forgery’ in the account books of the IT firm that should have been easily detected by Price Waterhouse (PW). These “amateurish forgeries” with regard to bank confirmation letters on Satyam’s fixed deposit receipts have come […]
A battle of sorts is brewing between the Institute of Chartered Accountants in India, or Icai, and the banking industry. Icai, the apex accounting body, has told auditors to demand detailed disclosures from banks about loans restructured by them. In the absence of such disclosures, auditors have been asked to pass banks’ balance sheets with […]
Accounting regulator ICAI on Thursday said all listed companies would be audited by only those who have been certified by the Peer Review Board of the institute.”The council had accepted the recommendation of Sebi that audit of listed companies shall be carried out by auditors who have undergone Peer Review Process and have been issued […]
