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Registration for Practical Training Assessment Tests for CA Students

Registration for Practical Training Assessments on December 8 and 29, 2019 The next practical training assessments are being scheduled on December 8 and 29, 2019. The students who have completed their 1st/ 2nd year of practical training during January 1 – September 30, 2019 are eligible to appear in these tests. The students who have [&...

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Posted Under: CA, CS, CMA |

Ind AS Technical Facilitation Group Clarification Bulletin 22

Ind AS 116, Leases, is applicable for annual reporting periods beginning on or after April 1, 2019. Entity X has applied Ind AS 116 using modified retrospective approach, under which the cumulative effect of initial application is recognised in retained earnings as on April 1, 2019....

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Posted Under: CA, CS, CMA |

Empanelment of CA/ICWA for Audit of GST/Service Tax/Excise Assessees

he CGST, Audit - I Commissionerate, New Delhi, proposes to prepare a panel of Chartered Accountants and Cost Accountants so as to nominate them to conduct special audit of accounts of Central Excise, Service Tax and GST as envisaged under the said Section....

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Posted Under: CA, CS, CMA |

Interest Rate Benchmark Reform (Amendments to Ind AS 109 and Ind AS 107)

Following is the Exposure Draft of Interest Rate Benchmark Reform (Amendments to Ind AS 109 and Ind AS 107), issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India, for comments....

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Posted Under: CA, CS, CMA |

RFP for Appointment of Concurrent Auditor of IIFCL

Request for Proposal (RFP) for Appointment of Concurrent Auditor for Concurrent Audit of Operations of India Infrastructure Finance Company Limited India Infrastructure Finance Company Limited A Govt. of India Enterprise (Registered with RBI w.e.f 9th September 2013 vide Certificate of Registration no. DNBS.ND. No.1222/Regn. New/04 17 004...

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Posted Under: CA, CS, CMA |

Allow ‘ACTIVE non-complaint’ companies to file Form DIR, INC-22 & INC-28: ICSI

ICSI request MCA that the following forms may be  allowed to be recorded by Registrar of Companies even in case of ‘ACTIVE non-complaint’ companies-  DIR-12 (Changes in Director except cessation),  INC-22 (Change in Registered Office) and INC-28 (Amalgamation, de-merger). THE INSTITUTE OF Company Secretaries of India MCA/PD...

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Posted Under: CA, CS, CMA |

RfP for Concurrent Audit of Operations of Branch Office, SIDBI

Small Industries Development Bank of India Request for Proposal (RfP) For Concurrent Audit of Operations of Branch Office, SIDBI. CA will have to submit the following reports to the Management...

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Posted Under: CA, CS, CMA |

ICSI UDIN and eCSIN Guidelines mandatory w.e.f. 1st October, 2019

The role of the Company Secretaries as governance enablers in the Indian corporate scenario has been well acknowledged, both by the corporates and the Regulators. Company Secretaries, both in employment and in practice have distinct roles to play as far as the governance framework of the Indian corporate arena is concerned. The ICSI, too,...

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Posted Under: CA, CS, CMA |

No Postponement of CA November 2019 Exams- ICAI Denies Social Media Report

IMPORTANT ANNOUNCEMENT 1st October, 2019 Subject: No Postponement of CA November 2019 Exams It has been brought to our notice that certain announcement is being circulated in social media that the CA Exams will be held in December instead of November 2019. In this connection, it is hereby clarified that the above announcement has not [&he...

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Posted Under: CA, CS, CMA |

Proactive Steps Initiated by ICAI in PMC Bank Matter

Recently, various Media reports were reported about major financial irregularities and failure of internal control systems leading to downfall of PMC Bank. Considering the enormity of the matter, the Institute of Chartered Accountants of India (ICAI) in consonance with its role as a Regulator has triggered its Disciplinary mechanism by wr...

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Posted Under: CA, CS, CMA |