CA, CS, CMA - 1. What is Unique Document Identification Number (UDIN)? Unique Document Identification Number (UDIN) is 18-Digits system generated unique number for every document certified/attested by Practicing Chartered Accountants. 2. What is the objective of UDIN? It has been noticed that financial documents/ certificates attested by third person m...
Read MoreCA, CS, CMA - ICAI (Institute of Chartered Accountant of India) organizes the exam of CA Intermediate and CA IPCC twice in a year in the month of May and Nov. ICAI recently conducted the exam of CA IPCC and CA Intermediate in the month of November 2018, the result of which is awaited. In the recent announcement by ICAI, it announced that CA IPCC result...
Read MoreCA, CS, CMA - Ok….So you all must have read so many articles of the students who are CA now and must have heard or read their success stories too. But have you ever heard or read about the success story of a student who failed almost 6-7 times in finals but still succeeding and earning pretty well. But […]...
Read MoreCA, CS, CMA - Remember one thing, when we prepare for exams we think it’s the most difficult part in the life of CA but in fact it is not. To be very frank it is the easiest part in the career of CA. Why because, either to start your OWN practice or to get placed in a top […]...
Read MoreCA, CS, CMA - So finally the wait is over. On 23rd Jan 19 some will get those two letters 'CA' for which they have sacrifice a lot and some will get those four letters which will steal the sleep of that night....
Read MoreCA, CS, CMA - CA exams to be held in May 2019 have been rescheduled in terms of the announcemnt dated 11th March 2019, hosted on www.icai.org.CA May 2019 exams will now be held from 27th May 2019 to 12th June, 2019...
Read MoreCA, CS, CMA - The Institute of Chartered Accountants of India UDIN BEING MADE MANDATORY IN 2nd PHASE FOR GST & TAX AUDIT REPORTS You may be aware that Unique Document Identification Number (UDIN) has been made mandatory as per the Council decision taken at its 379th Meeting held on 17th – 18th December, 2018 in the following phases: […]...
Read MoreCA, CS, CMA - The next practical training assessment test is being scheduled on March 10, 2018. The students who have completed their 1st/ 2nd year of practical training during the second/ third/ fourth quarter of 2018, i.e. April-June, 2018, July-September, 2018 and October-December, 2018 are eligible to appear in this test....
Read MoreCA, CS, CMA - Educational Material on Indian Accounting Standard (Ind AS) 111, Joint Arrangements This Educational Material on Ind AS 111, Joint Arrangements will provide guidance to the stakeholders in how an entity that is a party to a joint arrangement to determine the type of joint arrangement by assessing its rights and obligations and to accou...
Read MoreCA, CS, CMA - Standards on Auditing (SAs) recognize the importance of ‘External Confirmations’ as audit evidence. Relevant extracts of some SAs regarding external confirmations are reproduced below....
Read MoreLalit Agrawal Vs ICAI & ANR (Delhi High Court) - Lalit Agrawal Vs ICAI & ANR (Delhi High Court) Hon;ble Court is unable to accept the contention that the Board of Discipline does not have the jurisdiction to examine the alleged misconduct which includes Sexual Harrassment on the part of the petitioner. Clause (2) of Part-IV of the First Schedu...
Read MoreCouncil of the ICAI Vs Shri Gurvinder Singh & Anr. (Supreme Court of India) - Council of the ICAI Vs Shri Gurvinder Singh & Anr. (Supreme Court of India) The Supreme Court observed that the chartered accountants can be proceeded against for their acts which bring disrepute to the profession whether or not related to his professional work. The bench comprising Justice Rohi...
Read MoreMilind Aggarwal Vs ICAI (Delhi High Court) (Delhi High Court) - Milind Aggarwal Vs ICAI (Delhi High Court) The dispute relates to the result declared by the respondent-institute. The appellants claim that they had cleared Group I/II as per the result circulated through Whatsapp messages and uploaded on Facebook. They rely on the screenshots. The appellants howev...
Read MoreRadhey Shyam Bansal & Anil Kumar Aggarwal Vs. ICAI (Appellate Authority) - A sting operation conducted by Aaj Tak News Channel and aired on 14th November, 2016 under title Jugadu Mechanic Part-3 containing allegations against CA. Radhey Shyam Bansal...
Read MoreMahavir Jain Vs Disciplinary Committee (Appellate Authority) - Mahavir Jain Vs Disciplinary Committee (Appellate Authority) 1. This Appeal has been filed by the Appellant before this Authority against the Order dated 7th November, 2017 passed by the Disciplinary Committee (Bench-I) of the Institute of Chartered Accountants of India under Section 21B (3) of the...
Read MoreCI-I/ICAI/UDINI - (11/03/2019) - Unique Document Identification Number is an 18 Digit Number randomly generated through the UDIN portal on a predefined algorithm. The portal is available at https://udin.icai.org/ with exhaustive FAQs. ...
Read MoreNotification No. 54-EL(1)/15/2018 - (24/12/2018) - THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 24th December, 2018 (Chartered Accountants) No. 54-EL(1)/15/2018.—In pursuance of Rule 36 of the Chartered Accountants (Election to the Council) Rules, 2006, the Council of the Institute of Chartered Accountants of India i...
Read MoreMisc/PRG/LE-8/2018 - (12/11/2018) - After comprehensive review of the aforesaid news-item, ICAI, being a regulator of the profession of Chartered Accountants had taken up the matter and verified its records and found that Madhusudan Pandey is not a Chartered Accountant as his name does not appear in the Register of members maintained ...
Read MoreNo3A-45011/15/2018-Admn.1 - (11/07/2018) - Ministry proposes to engage a total number of 80 Young Professionals (41 Chartered Accountants/Cost Accountants and 39 Company Secretaries) at different places as indicated at enclosed Annexure....
Read MoreF. No. 17/112/2016-CL-V - (30/09/2016) - Several audit firms have represented about adverse impacts on Indian audit firms due to the structuring of certain audit firms leading to circumvention of various regulations, manner in which auditor rotation requirements is being implemented by companies, and imposition of restrictive conditions by...
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CI-I/ICAI/UDINI - (11/03/2019) -
Lalit Agrawal Vs ICAI & ANR (Delhi High Court) -