CA, CS, CMA : A social audit is a formal review of a company's endeavors, procedures, and code of conduct regarding social responsibility and th...
CA, CS, CMA : Multi-disciplinary Partnership Firm of Chartered Accountants in Practice means the firm which has been approved to practice in its...
CA, CS, CMA : A CA firm who applied for empanelment with CAG for Financial Year 2012-13 can check the status of his Empanelment & Audit work all...
Corporate Law : Civil Contractors needs prior registration under various government departments to grab contract under such department. One of suc...
CA, CS, CMA : INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI) Request for Proposal for Appointment of Internal Auditor to IBBI TABLE OF CONTENTS...
CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...
CA, CS, CMA : Indian Overseas Bank invites applications from eligible CA firms for concurrent audit empanelment for 2026-27. Apply online by Jun...
CA, CS, CMA : ICAI has clarified that members coaching students or having relatives appearing in the examinations are not eligible for Observer ...
CA, CS, CMA : The Nainital Bank issued an RFP for appointment of Statutory Central Auditors for FY 2026-27 in line with RBI guidelines. The docu...
CA, CS, CMA : The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
CA, CS, CMA : It is the case of the petitioners that succumbing to the pressure of lobbying and political pressure, brought by the members of th...
Corporate Law : The challenge in this petition is to the Circular dated 6th March, 2013 issued by the 1st respondent. The said circular lays down ...
CA, CS, CMA : The Hon'ble Bombay High Court has held that impugned Govt. Circular dt.11-11-1996 (which gave powers to the Registrar to appoint s...
CA, CS, CMA : Tarun Ghia Vs. The State of Maharashtra and others The Petitioner is a Chartered Accountant in practice and claims to be qualified...
Corporate Law : Jharkhand Gramin Bank has announced empanelment of retired Scale II–V officers for contractual concurrent audit roles. The engag...
Company Law : National Financial Reporting Authority seeks advocates for empanelment to represent it in courts and tribunals, covering litigat...
CA, CS, CMA : A member of the Institute in practice shall not respond to any tender issued by an organization or user of professional services i...
Income Tax : Income Tax Department Amritsar Central Revenue Building, Room No. 206, 1st Floor, Maqbool Rd, C Block, Amritsar, Punjab 143001 E-m...
CA, CS, CMA : Provisions of erstwhile section 14AA of the Central Excise Act, 1944, Section 72 of the Finance Act, 1994 and current Section 66 o...
A meeting with Ms. Parveen Tripathi, Dy. C&AG was held on 9th February, 2009. The meeting was attended by the President CA. Uttam P. Agarwal, Vice-President CA. Amarjit Chopra and CA. Anuj Goel, Chairman, PDC. In this meeting, Shri K. P. Sasidharan, Principal Director (Commercial) and nominee of the C&AG of the Central Council was […]
The Institute is in the process of strengthening its panel of examiners with professionals/academicians/ resource persons for all the papers in CA PCE and Final (New Course) Examinations in general and for the following subjects in particular:
Last date of Online Submission of Application of CA Firms for PSU Audits to C&AG has been extended to 20th February 2009. Note: Last Date for Submission of Document is kept unchanged at 27.02.2009. Related Post:- 1. EMPANELMENT OF CHARTERED ACCOUNTANT FIRMS FOR THE YEAR 2009-2010
1. The large PSBs having balance sheet size (assets + liabilities) of above Rs. 1 lac crore each to exercise managerial autonomy in regard to appointment of SBAs also from the year 2008-09 onwards. Thus, State Bank of India, Allahabad Bank, Bank of India, Bank of Baroda, Canara Bank, Central Bank of India, Indian Overseas […]
Appointment of external auditors for bank audits continue to be mired in controversy. After the auditing profession regulator, the Institute of Chartered Accountants of India (ICAI), it is now the turn of the bank employees to oppose the freedom given to public sector bank boards to choose the statutory auditor.
The self regulatory body for auditors, ICAI is pushing for compulsory rotation of auditors by companies in view of mounting pressure from local financial institutions. “A high-powered committee is currently examining the option and a decision will be taken, based on their recommendation, very soon,” ICAI president Ved Jain told.
The large PSBs having balance sheet size (assets + liabilities) of above Rs. 1 lac crore each to exercise managerial autonomy in regard to appointment of SBAs also from the year 2008-09 onwards. Thus, State Bank of India, Allahabad Bank, Bank of India, Bank of Baroda, Canara Bank, Central Bank of India, Indian Overseas Bank, […]
Bank Branch Auditors Panel for the year 2008-09 is now available as under: NORTH (http://www.meficai.org/north.htm ) SOUTH ( http://www.meficai.org/south.htm) EAST ( ( http://www.meficai.org/east.htm ) WEST ( http://www.meficai.org/west.htm )
Applications are invited online from the firms of Chartered Accountants who intend to be empanelled with this office for the year 2009-2010 for appointment as auditors of Government Companies/Corporations. The format of application along-with the detailed instructions regarding the documents to be furnished will be available on our website: www.cag.gov.in from 1st January 2009 to […]
The Revised Standard on Auditing (SA) 540, ‘Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures’ provides timely guidance on audit of fair value and accounting estimates in the current times of market uncertainty and liquidity crunch. Accounting estimate is an approximation of a monetary amount in the absence of precise means of measurement. Risk of material misstatement increases significantly since accounting estimate involves the use of judgment by the management. This Standard provides specific guidance to auditor while verifying the valuation of complex financial instruments which are not traded in active and open market and transactions involving the exchange parties without monetary consideration. This Standard is applicable for audits of financial statements for periods beginning on or after April 1, 2009.’
