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MEF empanelment date extended – Firms under Presumptive Taxation not to submit Financial Statements

There is no requirement for submitting the Financial Statements i.e. Balance Sheets and Income & Expenditure Account for the applicants who have opted for the Presumptive Taxation Scheme under Section 44ADA of Income Tax Act, 1961 and have filed their ITR accordingly for the financial year 2018-19....

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Posted Under: CA, CS, CMA |

Revised effective date for applicability of ICSI Auditing Standards

In view of the current situation of the pandemic, the mandatory applicability of the Auditing Standards is hereby further extended and the Standards shall be mandatorily applicable to Audit Engagements accepted by the Auditor on or after 1st April, 2021....

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Posted Under: CA, CS, CMA |

9 Important decisions taken by ICSI Council on 26.09.2020

Important decisions taken by the Council of the ICSI at its meeting held on 26th September, 2020 1. Approved the Annual Accounts and Annual Report of the Institute for the Financial Year 2019-20. 2. Setting up of ICSI Overseas Centre at Singapore, Australia and Canada....

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Posted Under: CA, CS, CMA |

ICAI to conduct Advanced ICITSS – Adv. IT Test on 22.10.2020

It has been decided to conduct Advanced ICITSS - Adv. IT Test – in Computer Based Mode on Thursday, the 22nd October, 2020 from 10.30 AM to 12.30 PM (IST)....

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Posted Under: CA, CS, CMA |

Upsurge in the Demand of CAs by 37% inspite COVID

ICAI has reported an increase of 37% in demand for newly qualified CAs for employment in industry through its campus placement programme concluded recently....

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Posted Under: CA, CS, CMA |

CA exam to be held during 1st to 18th November 2020

Examination Department The Institute of Chartered Accountants of India 27th September, 2020 IMPORTANT ANNOUNCEMENT The Election Commission of India through its press conference held on 25th September 2020 has announced Schedule of General Election to the Legislative Assembly of the State of Bihar whereby election to the State of Bihar is ...

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Posted Under: CA, CS, CMA |

Empanelment with Punjab National Bank for Stock Audit

Punjab National Bank invites application from eligible firms of Chartered Accountants / Cost Accountants and individuals possessing necessary expertise for empanelment as Stock Auditors and Stocks/ Receivables verification. Punjab National Bank Dated: 25.09.2020 Credit Review & Monitoring Division, Head Office, Plot no.4, Sector 10, D...

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Posted Under: CA, CS, CMA | ,

ICAI: Extension for completion of Orientation /IT Training Course by Intermediate students

Extension for completion of Orientation /IT Training Course by the Intermediate students, through the foundation route, to on or before 31st December, 2020 instead of on or before 31st October, 2020 and then be allowed to sit for their Final examination to be held in November, 2022....

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Posted Under: CA, CS, CMA |

Draft SAE 3410 Assurance Engagements on Greenhouse Gas Statements

ED SAE 3410 is being issued in the context of ―Guidance Note on Reports or Certificates for Special Purposes‖, issued by the ICAI, which provides guidance on engagements which require a professional accountant in public practice to issue reports other than those which are issued in audits or reviews of historical financial information...

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Posted Under: CA, CS, CMA |

Empanelment with UCO Bank for Concurrent Audit

9th August, 2014 UCO Bank invites applications from practicing firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empanelled as Concurrent Auditors of the Bank....

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Posted Under: CA, CS, CMA | ,