CA, CS, CMA : Asset tagging helps simplify physical verification, strengthens internal controls, improves Fixed Asset Register accuracy, and enh...
CA, CS, CMA : The article highlights emerging sectors where Chartered Accountants can build specialised careers beyond traditional audit and tax...
CA, CS, CMA : Chartered accountancy demands far more than technical expertise, requiring professionals to manage clients, deadlines, teams, and ...
CA, CS, CMA : Artificial Intelligence is transforming the tax profession by streamlining research, drafting, and compliance processes. The key t...
CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...
CA, CS, CMA : ICAI has categorically rejected social media claims of a data breach, confirming that no members', students', or examination recor...
CA, CS, CMA : ICAI Warns CAs Against Extremely Low Fee Quotes in Tenders; Matter May Be Referred for Disciplinary Action The Professional Develo...
CA, CS, CMA : ICAI has launched a fully integrated PRB Web Portal, making online submission mandatory for all new peer review applications from ...
CA, CS, CMA : ICAI has partnered with Sarvam AI to promote AI adoption, digital upskilling, and professional learning for Chartered Accountants....
CA, CS, CMA : ICAI has announced 'Success at CA Exam' sessions for CA Foundation September 2026 students. The sessions will provide subject-wise...
Income Tax : The ITAT Chennai ruled that funds received by a Chartered Accountant for remitting clients' taxes could not be treated as unexplai...
Goods and Services Tax : The Telangana High Court granted anticipatory bail to a Chartered Accountant accused in a share transfer fraud case, observing tha...
CA, CS, CMA : The Delhi High Court held that one of the meetings relied upon for automatic vacation of the petitioner’s seat was convened with...
Corporate Law : The case examined whether the accused could disprove liability under Section 138. The court upheld conviction as the presumption r...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
CA, CS, CMA : ICAI has proposed revised minimum stipend rates for articled assistants based on city population while inviting stakeholder feedba...
CA, CS, CMA : KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural a...
CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
CA, CS, CMA : ICAI Board holds CA not guilty in bribery case, finds no proof of knowledge or intent; mere receipt of packet without mens rea not...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
The decision outlines how reports must include executive summaries, observations, root cause analysis, and management responses, ensuring material risks are clearly communicated.
SIA 310 guides internal auditors on engagement-level reporting, ensuring compliance with Standards on Internal Audit while communicating findings, recommendations, and management responses.
SIA 290 establishes protocols for continuous communication between the Internal Auditor and Management/TCWG. It mandates written processes for agreeing on scope, providing updates, and resolving conflicts.
SIA 280 guides internal auditors on assessing fraud risks, detecting irregularities, and reporting findings while ensuring compliance, professional skepticism, and ethical standards.
SIA 270 guides internal auditors on engaging experts or third parties, ensuring independence, competence, and reliable evaluation while retaining responsibility for audit conclusions.
SIA 260 defines the Internal Auditor’s responsibility for supervising and reviewing audit assignments. It ensures work conforms to standards, and that evidence and conclusions are properly supported.
This standard guides internal auditors on proper documentation of audit procedures, evidence, and conclusions, ensuring compliance, traceability, and retention for at least seven years.
This standard guides internal auditors on selecting, validating, and documenting tools like AI, analytics, and CAATs while ensuring data security and professional judgment in audits.
SIA 230 establishes standards for audit evidence, requiring auditors to collect sufficient, reliable data using methods like observation, inquiry, and analytics to support audit conclusions and assess control effectiveness.
The case underlines that identifying all auditable units through an audit universe ensures comprehensive coverage, prevents oversight, and guides resource allocation for efficient internal audits.
