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...
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
Exposure Draft on Amendments to the Classification and Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFRS 7)
