CA, CS, CMA - Cash burn audit is a vital tool for post-investment activities in India and can be used to analyze the financial performance of companies and investors both before and after investment. This form of audit helps evaluate the potential risks and rewards associated with investments, as well as providing insight into exit strategies. Chartere...
Read MoreCA, CS, CMA - We have highlighted the key difference between the CA and CS profession, as well as some questions answered in the FAQ form. The CA and CS are two distinct professions that offer legal and financial services to companies and other organizations. These are the main differences between CAs and CS’s Qualifications and training CA̵...
Read MoreCA, CS, CMA - HC held that ICAI can exercise Suo Moto powers and initiate disciplinary proceedings against its member Chartered Accountants without a written complaint....
Read MoreCA, CS, CMA - Greetings to all. Undoubtedly, CA is one of the most high end profession of the country. Certainly, not easy. But definitely, possible and manageable to do if done in the right manner. So here are some important takeaways to master this process of adding the prefix “CA” :- Commitment and Desire – commitment to your […]...
Read MoreCA, CS, CMA - The Value of 1 Year, Ask A School Student Who Failed in a Class. The Value Of 6 months, Ask A CA Student Who Failed in one subject. The Value Of 1 Month, Ask A Mother Who Gave Birth To A Premature Baby. The Value Of 1 day, Ask a CA filing return for Tax […]...
Read MoreCA, CS, CMA - As we approach the conclusion of the Council year 2022-23, this is my last communication in the journal as the President of the Institute. I am really mesmerized by the strength of the profession, its pursuit of continuous growth, working steadfastly to inspire trust and confidence amongst stakeholders....
Read MoreCA, CS, CMA - INSTITUTE OF SOCIAL AUDITORS OF INDIA COMPANY LIMITED BY SHARES NOR FOR PROFIT U/S 8 OF THE COMPANIES ACT, 2013 Head Office : ICAI Tower, Plot No. C-40, G Block, Opp. MCA Academy, Besides Standard Chartered Bank, Bandra Kurla Complex, Bandra (East) Mumbai – 400051. EXPRESSION OF INTEREST FOR INITIAL EMPANELMENT OF SOCIAL AUDITORS...
Read MoreCA, CS, CMA - Sustainability Reporting Standards Board (SRSB) issues this Standard on Sustainability Assurance Engagements (SSAE) 3000, Assurance Engagements on Sustainability Information....
Read MoreCA, CS, CMA - ICAI announce that next Chartered Accountants Foundation, Intermediate and Final Examinations will be held on the dates and places which are given below provided that sufficient number of candidates offer themselves to appear from each of the below mentioned places....
Read MoreCA, CS, CMA - RESULT OF CHARTERED ACCOUNTANTS FINAL EXAMINATION HELD IN NOVEMBER – 2022 The result of the Chartered Accountants Final Examination was declared recently. The details of percentage of candidates passed in the above said examinations are given below: Group(s) No. of candidates appeared No. of candidates passed % of pass I Group— I ...
Read MoreKulamani Parida Vs State of Odisha (Orissa High Court) - Orissa High Court held that No Objection Certificate certified by the Chartered Accountant is the act of discharging his professional duty No criminal proceedings can be continued in absence of material showing personal interest in any gain/ loss of the parties conducting business....
Read MoreGaurav Dhir Vs Central Goods and Services Tax (Punjab and Haryana High Court) - In the present case, he had been paid professional fee for uploading of the refund of Input Tax Credit. The petitioner and his co-accused Sunil Mahalawat were colleagues, as such the UDIN was borrowed by the petitioner from him for uploading and issuance of the CA certificate....
Read MoreAshish Agarwal Vs Institute of Chartered Accountant of India (Delhi High Court) - Held that rule 12 Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 does not expressly debar the Director Discipline from entertaining a complaint merely because it may relate to acts of misconduct committed seven years prior to...
Read MoreVinod Kumar Kila Vs CBI (Delhi High Court) - Held that record doesn’t disclose any independent material, accordingly charges under the Prevention of Corruption Act cannot be confirmed merely on the basis of the retracted confessional statement....
Read MorePankaj Mahajan Vs Serious Fraud Investigation Office (Delhi High Court) - Pankaj Mahajan Vs Serious Fraud Investigation Office (Delhi High Court) The role of the petitioner a practicing Chartered Accountant is that of the Stock Auditor wherein the Stock verifications of the documents and statements as submitted by the Company to the Banks was carried out by the accused. T...
Read MoreNotification No. PR/91/14/DD/118/14/DC/469/2016, No. PPR/P/63/16/DD/32/INF/16/DC/1290/2020, No. PR/211/12/DD/104/13/DC/454/16, No. PR/76/14/DD/96/14/DC/554/17, No. PPR/NP/76/18/DD/204/INF/18/DC/1375/2020, No. PPR/P/191/17/DD/175/TAMC/INF/17/DC/1111/2019, No. PPR/P/81/16/DD/62/INF/16/DC/1073/2019, No. PR/G/266/17/DD/232/17/DC/1248/2019, No. PR/G/26/18/DD/49/18/DC/1142/2019, No. PPR/P/121/17/DD/105/TAMC/INF/17/DC/1306/2020 - (16/12/2022) - ICAI removes name of 10 Members with effect from 16th December, 2022 In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Case...
Read MoreNotification No. PPR/P/30/W/13/DD/36/INF/2015/DC/701/2017 and 11 other notifications - (11/11/2022) - ICAI removes name of 12 Members for Professional & Other Misconduct vide various notifications issued on 11th November, 2022 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 11th November, 2022 (CHARTERED ACCOUNTANTS) No. PPR/P/30/W/13/...
Read MoreOrder No. NF-23/30/2021 - (19/09/2022) - NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or bo...
Read MoreNFRA Order No. NF-23/46/2021 - (12/09/2022) - The primary function of the Auditor in the present case was to ensure compliance with SAs to achieve the necessary audit quality to lend credibility to financial statements and facilitate its users. A critical, questioning attitude, an unwillingness to be satisfied by superficial explanations, not c...
Read MoreF. No. PR/115/15-DD/140/15/DC/678/2017, F. No. PR/219/18/DD/237/18/BOD/518/2019, F. No. PR/180/15/DD/172/15/BOD/235/2016, F. No. PPR/P/341/2017/DD/328/INF/2017/BOD/491/2018 - (04/08/2022) - ICAI vide Notifications dated 4th August, 2022 notified removal of name of 4 Chartered Accountants from the Register of Members for a period ranging from 15 days to 5 years. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 4th August, 2022 ...
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