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...
The New Year brings in good news for independent finance professionals like company secretaries, chartered accountants and cost & works accountants, who will be allowed to advertise their services and area of proficiency, a move that would enable them to offer services globally and effectively highlight their areas of competence.
Multipurpose Empanelment Form (MEF) 2007-08. View Multipurpose Panel 2007-08 Corrections are being processed, the final panel will be available as soon as possible.
Tarun Ghia Vs. The State of Maharashtra and others The Petitioner is a Chartered Accountant in practice and claims to be qualified to undertake the audit of societies as contemplated under Section 81 (1)(a) and 81(1)(b) of the Maharashtra Co-operative Societies Act, 1960. He was on the panel of auditors maintained by the Divisional Joint Registrar, Cooperative Societies – Respondent No.3. According to the Petitioner the powers of empanelment, removal and other matters relating to functioning of the Chartered Accounts in contemplation to those provision was arbitrary and discretionary; and the Respondents were acting in a very unfair manner. On these 2 premises the Petitioner prayed for an issuance of an appropriate writ, order or direction directing Respondent No.3 to produce the entire records in connection with the list of societies with basic details like turnover, working capital, audit fees of the previous year and the Respondents be directed to prepare proper guidelines introducing transparency and fairness in empanelment of the auditors for awarding of auditing work in the co-operative societies. The Petitioner has further prayed that Respondent No.3 should publish the list and the consideration for empanelment should be objective and not supported by extraneous criteria.
The Information Technology Act, 2000 provides for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. Certification Agencies are appointed by the office of the Controller of Certification Agencies (CCA) under the provisions of IT Act, 2000. There are a total of seven Certification Agencies authorised by the CCA to issue the Digital Signature Certificates.
The government is set to exempt a host of industries in the manufacturing sector from mandatory cost audits. The sensitive operational details of industries that are set to go off the government’s penetrating gaze include synthetic textiles, engineering, power transmission and distribution, chemicals, cosmetics, all electronic products and telecommunication gadgets.
By adopting practice of early and timely work disposal and for that purpose adopting some time saving practices, one can find lot of extra time for reading, writing, thinking and relaxation. Pending work causes lot of burden on your mind and heart- it is not good for health and wealth both. Reminders from clients should not be considered as indication of your importance but in nature of complaints. Still if you have an urge to feel reminders as praise, once a while you can delay some work, preferably a petty one and not very important to you, you will receive a reminder from client and that proves that even a petty work for you is important to the client.
Chartered Accountants, as a tribe, are workaholics. Whether one is in practice; or in employment. It is not unusual to see a Chartered Accountant put in twelve hours of work everyday. Six days in a week.Fifty two weeks in a year. Perhaps some of them put in even more.While many are effective, some are not. Being busy does not necessarily mean being effective. Some put in fewer hours and are effective. Others may put in long hours and are far from being effective. With today’s frenetic pace, it makes good sense to utilize a rare commodity – time – effectively.
It has been decided that the short seller who does not either own share or has not borrowed shares (which in that case shall be deposited with the clearing corporation/clearing house) the carry forward charges shall not be payable to the short seller.
