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Latest Articles


Ethical issues in Auditing

CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...

July 13, 2024 795 Views 0 comment Print

Case Study on Bhansali Scam

CA, CS, CMA : Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital ...

June 7, 2024 2820 Views 0 comment Print

SQC-1 The key to unlocking your firm’s full potential

CA, CS, CMA : Discover how SQC-1 enhances your firm's quality control, ensuring compliance and boosting credibility. Unlock your full potential ...

May 29, 2024 1125 Views 0 comment Print

Supreme Court Upholds ICAI’s Limit of 60 Tax Audits per CA: Analysis

CA, CS, CMA : Discover the Supreme Court's ruling on ICAI's 60 tax audits limit per Chartered Accountant, its implications, and future impact on...

May 23, 2024 11256 Views 0 comment Print

ICAI finds EY India and it’s Affiliate Entities Guilty of Professional Misconduct: Analysis

CA, CS, CMA : Analysis of ICAIs disciplinary action against EY India affiliates for professional misconduct, implications, and insights into reg...

April 29, 2024 20124 Views 1 comment Print


Latest News


ICAI extends last date to empanel as observers for exam

CA, CS, CMA : ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA...

August 13, 2024 5301 Views 0 comment Print

CMA Santosh Pant Elected NIRC Chairman for 2024-25

CA, CS, CMA : CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan M...

August 5, 2024 255 Views 0 comment Print

ICAI President’s August 2024 Message: Exam Results & Economic Insights

CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...

August 2, 2024 288 Views 0 comment Print

ICAI Announces Advanced ICITSS CBT Exam Dates

CA, CS, CMA : ICAI schedules Advanced ICITSS - Adv. IT Test in CBT mode for August and September 2024. Check eligibility, test dates, applicatio...

August 1, 2024 1314 Views 0 comment Print

ICAI CA Foundation June 2024 Results Declared – 14.96% Pass Rate

CA, CS, CMA : ICAI has declared the CA Foundation June 2024 results. With 91,900 candidates and a 14.96% pass rate, find detailed results and an...

July 30, 2024 2319 Views 0 comment Print


Latest Judiciary


ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

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...

July 10, 2024 4317 Views 0 comment Print

Same Methodology Must Be Applied for Valuing Opening & Closing Stock: Kerala HC

Income Tax : Explore the detailed analysis of P. A. Jose Vs Union of India judgment by Kerala High Court regarding the valuation methodology fo...

May 31, 2024 435 Views 0 comment Print

Delhi HC Dismisses Plea to Postpone CA Exams Amid Election Concerns

CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....

May 8, 2024 462 Views 0 comment Print

Delhi HC Upholds Bid Disqualification Over Missing Certified Information in UDIN Certificate

CA, CS, CMA : Delhi High Court ruling upholds disqualification of bid by Sunshine Caterers in IRCTC tender due to non-mention of certified infor...

April 10, 2024 783 Views 0 comment Print

Advance for Flats: Recognizing Revenue on Risk Transfer & Buyer’s Transfer Rights- ITAT

Income Tax : In the case of Cavalcade Properties Pvt. Ltd. vs. DCIT, ITAT mandates re-evaluation of advances against flat bookings, challenging...

March 22, 2024 993 Views 0 comment Print


Latest Notifications


Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 12, 2024 753 Views 0 comment Print

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

Company Law : Explore NFRA's order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18....

June 21, 2024 570 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 12, 2024 1107 Views 0 comment Print

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

CA, CS, CMA : Explore the ICAI Board of Discipline's ruling on an audit dispute where the respondent's communication via registered post was dee...

June 12, 2024 480 Views 0 comment Print

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...

June 12, 2024 483 Views 0 comment Print


ICAI’s Revised SA 800: Audits of Financial Statements under Special Purpose Frameworks

February 8, 2024 2877 Views 0 comment Print

Revised SA-800 from ICAI: Learn about special considerations for audits of financial statements prepared with special purpose frameworks.

ICAI President’s Message – February 2024

February 2, 2024 8850 Views 0 comment Print

Explore CA Aniket Sunil Talatis message, highlighting ICAIs accomplishments, collaborations, and contributions to global accountancy. Read the President’s insights.

Interim Union Budget 2024-25: A Vision for India’s Development

February 2, 2024 1260 Views 0 comment Print

Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047.

Empanelment of Cost Accountants for Inventory Valuation under Income-tax

February 1, 2024 789 Views 0 comment Print

Get details on the empanelment of Cost Accountants under Income-tax Act, 1961. Notice issued by the Principal Chief Commissioner of Income Tax, Pune. Apply by 29.02.2024

May 2024 CA Intermediate Exams: Applicable Standards/Guidance Notes/Amendments

January 31, 2024 25252 Views 0 comment Print

Stay informed about the May 2024 exams with updates on Corporate Laws, Income-tax, and GST. Explore legislative amendments, study guidelines, and statutory updates for a comprehensive preparation.

Standards/Guidance Notes/Amendments for May 2024 CA Final Examination

January 31, 2024 15766 Views 0 comment Print

Get the comprehensive list of standards, guidance notes, and legislative amendments applicable for the May 2024 CA Final Examination. This article provides detailed information on the syllabus exclusions, study material editions, and relevant updates for each paper, ensuring you are well-prepared for the exam.

ICAI CPE Statement 2023: Guidelines for Continuing Professional Education

January 30, 2024 1068 Views 0 comment Print

Stay updated with the latest CPE guidelines from ICAI. Learn about the Statement on Continuing Professional Education, 2023, ensuring compliance for enhanced professional competence.

ICMAI Withdraws Paper 5 Exemption for CAT Qualified Students

January 30, 2024 690 Views 0 comment Print

Important notification from the Institute of Cost Accountants of India: Exemption in Paper 5 – Business Laws & Ethics for CAT qualified students under Syllabus 2022 to be withdrawn from December 2024 exams.

Bank Branch Auditors’ Draft Panel of CAs/firms for 2023-24

January 29, 2024 53065 Views 0 comment Print

We are pleased to inform that the Draft Bank Branch Auditor Panel (MEF) of Chartered Accountants/firms for the year 2023-24 prepared as per the RBI Norms dated 6th March, 2023 has been hosted at www.meficai.org

ICAI Notification: New Branches Established in Central India

January 22, 2024 426 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) announces the establishment of new branches in Muzaffarpur, Neemuch, Darbhanga, and Raigarh, expanding its regional presence.

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