ICAI news

Scholarships For CA Students

Board of Studies, ICAI invites applications for the award of Scholarships to the selected candidates to be paid from April 1, 2020 onwards under following categories: Sr. No. Scholarship Category No. of Scholarships Amount (p.m.) Eligibility Criteria 1. Merit-cum-Need As per eligibility criteria Rs.1500/- Rank holders (other than covered ...

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Posted Under: CA, CS, CMA |

Suggest how to enhance audit independence & accountability: ICAI

ICAI invites suggestions/comments from members on Consultation paper to examine the existing provisions of law and make suitable amendments therein to enhance audit independence and accountability by 12.00 Noon on 21st February, 2020. 18th February, 2020 Announcement Sub: ICAI invites suggestions/comments from members on Consultation pape...

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Posted Under: CA, CS, CMA |

No condonation of delay in submission of Form 18 beyond 29th Feb 2020: ICAI

For the purposes of Empanelment in the C&AG Panel prepared by office of C&AG and Bank Branch Auditors’ Panel prepared by ICAI (for which Constitution Certificates as on 1st January, 2020 are issued every year), no condonation of delay in submission of Form 18 beyond 29th Feb., 2020 for the preceding the financial year under audit will b...

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Posted Under: CA, CS, CMA |

Empanelment of CA firms with CAG- Extension of the Last Date

Online Applications are invited from the Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and Auditor General of India for appointment as auditors of Government Companies/Corporations for the year 2016-2017. The online application format will be available on our website: www.saiindia.gov.in fr...

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Posted Under: CA, CS, CMA |

Draft Committee report on CA Exam Processes & Regulations

ICAI had on 26th September 2019, constituted a High Level Independent Committee (HLIC) to look into the Examination processes/ Regulations governing CA Examinations including Regulation 39(4) of the Chartered Accountants Regulations, 1988 and suggest changes wherever required in the ICAI examination system....

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Posted Under: CA, CS, CMA |

ICAI to provide free Accounting Software for CA & CA Firms

ICAI to provide free Accounting Software for CA & CA Firms in association with Hostbooks Gurgaon based FinTech Company HostBooks has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body to encourage the use of technology and automation among c...

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Posted Under: CA, CS, CMA |

ICAI shares Strategic Areas for Action for the year 2020-21

The Institute of Chartered Accountants of India (ICAI) elected its new President CA. Atul Kumar Gupta & Vice-President CA. Nihar Niranjan Jambusaria on February 12, 2020. The new President & Vice-President addressed the media & interacted with them on February 13, 2020 at New Delhi. During the interaction, the President shared...

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Posted Under: CA, CS, CMA |

ICAI elects New President & Vice-President for the year 2020-21

ICAI elects New Torchbearers – CA. Atul Kumar Gupta elected as President, & CA. Nihar Niranjan Jambusaria as Vice-President of ICAI for the year 2020-21. CA. Atul Kumar Gupta, President ICAI- 2020-21 A man with astute intellect and quick understanding and sharp vision, CA. Atul Kumar Gupta has been elected as President of The In...

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Posted Under: CA, CS, CMA |

Educational Material on Indian Accounting Standards 20

Educational Material on Indian Accounting Standards 20, Accounting for Government Grants and Disclosure of Government Assistance Ind AS 20 is to be applied in accounting for, and in the disclosure of, government grants and in the disclosure of other forms of government assistance. This Educational Material on Ind AS 20, Accounting for Gov...

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Posted Under: CA, CS, CMA |

Exposure Draft Guidance Note on Audit of Banks (2020 Edition)

The Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India has today issued the Guidance Note on Audit of Banks 2016 edition. For the benefit of members, complete text of the Guidance Note and the contents of accompanying CD can be downloaded at:...

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Posted Under: CA, CS, CMA |

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