CA, CS, CMA : Learn the pros and cons of shifting to private practice as a Chartered Accountant, with insights on risk tolerance, confidence, de...
CA, CS, CMA : Tragic death of a young employee highlights importance of balancing professional, personal, and social lives, urging businesses to...
CA, CS, CMA : Explore the 20 common reasons students fail CA exams and how to improve for success. Learn key strategies for effective preparatio...
CA, CS, CMA : Learn how articleship training under a Chartered Accountant equips CA students with practical skills, preparing them for exams and...
Fema / RBI : Learn the key practices for becoming proficient in Bank Concurrent Audit. Focus on investment, documentation, and system understan...
CA, CS, CMA : ICAI BoS offers virtual prep sessions, Series I and II, for CA Intermediate students. Starts 29th Nov 2024. Boosts subject insight...
CA, CS, CMA : ICAI BoS Mock Test Series for CA Intermediate begins 18 Nov 2024. Available in physical and virtual modes to aid Jan 2025 exam pre...
CA, CS, CMA : ICAI announces Mock Test Series I & II for CA Foundation Jan 2025. Test papers available online and offline. Access via BOS portal...
CA, CS, CMA : Check the list of candidates for the ICAI Council and Regional Council elections to be held in December 2024, available for genera...
CA, CS, CMA : The ICAI 2024 elections will follow the Single Transferable Vote system. Learn how it works and where to vote....
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
Goods and Services Tax : Learn about the Delhi High Court's ruling in Svera Agro Ltd. v. Commissioner of Central Tax, stating CA certificates are not neede...
CA, CS, CMA : Supreme Court upholds ICAI’s limit of 60 tax audits per CA, validating it as a reasonable restriction under Article 19(1)(g) of ...
CA, CS, CMA : Ministry of Corporate Affairs amends Chartered Accountants Act, appointing Dr. Anju Rathi Rana as presiding officer of Election Tr...
CA, CS, CMA : ICAI suspends CA T.M. Jeyachandran for 30 days due to misconduct related to forged documents and involvement in a disproportionate...
CA, CS, CMA : ICAI fines CA Vijaya Mohan Valiathan Rs. 10,000 for failing to obtain a No Objection Certificate from previous auditor before acc...
CA, CS, CMA : The Board of Discipline found CA K M Ramakrishnan guilty of misconduct, leading to a 15-day suspension for backdating his resignat...
CA, CS, CMA : CA Anand K. found guilty of professional misconduct for not notifying the previous auditor before accepting a new audit assignment...
Discover unique career opportunities for CA students in India, from data analytics to financial modeling, tax planning, risk assurance, insolvency, and corporate governance. Explore courses and potential income in these specialized fields.
Understand the roles, responsibilities, and obligations of CA/CS/CMA professionals in compliance with the Prevention of Money Laundering Act (PMLA). Learn about money laundering offenses, reporting entities, verification of client identity, records maintenance, and the powers of the director under PMLA. Stay informed to ensure effective due diligence and compliance in specified transactions.
Cabinet approves Memorandum of Understanding (MOU) between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the Maldives The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, today approved the signing of Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the […]
The lapses in Audit identified in this Order relate to the EP’s failure in determining whether the accounting policy of the company conformed to the required standards, failure in applying sufficient audit procedure as per Standards on Auditing (‘SAs’ hereafter), failure to question the management represenations with professional skepticism, and failure in identifying and reporting material mistatements in the financial statements.
Professionals are instrumental in setting up processes for TDS / TCS compliance that ensures correct and timely deduction / collection of taxes, dispensing of the tax liability followed by effectively preparing and filing of the TDS / TCS Returns.
Embark on the journey to becoming a Chartered Accountant with essential skills: numerical proficiency, attention to detail, problem-solving, time management, effective communication, adaptability, and ethical integrity. Unleash your potential for greatness in the world of finance. Anyone can become a CA with dedication and the right skills. Explore the fulfilling career path of a Chartered Accountant.
Financial Action Task Force (FATF) is an inter-governmental body, responsible for setting global standards on anti-money laundering (AML) and combating the financing of terrorism (CFT). India became Observer at FATF in the year 2006. Since then, India has been working towards full-fledged Membership of FATF.
Under the amended PMLA, Chartered Accountants, Company Secretaries & Cost Accountants are covered within the definition of the Reporting Entity. Understand the obligations, verification processes, and confidentiality requirements. Stay compliant with the latest regulations.
Stay compliant! The Prevention of Money Laundering Act, 2002 now covers professionals. Understand the recent amendments, reporting entity obligations, KYC requirements, and implications for practicing Chartered Accountants, Company Secretaries, and Cost and Management Accountants. Get insights into the onus on directors, partners, trustees, and nominee shareholders. Be aware of the changed landscape and ensure diligent compliance.
ICAI defer the applicability of the second phase of Peer Review mandate by three months to be made effective from July 1, 2023
