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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 2832 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 1128 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 11274 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 20127 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 5307 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 258 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 1317 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 2337 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 4320 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 438 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 465 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 786 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 756 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 573 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 1110 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


Exposure Draft of Standard on Internal Audit (SIA), Internal Audit Documentation

May 18, 2018 528 Views 0 comment Print

IASB of ICAI invites comments on a revised Standard on Internal Audit (SIA) 000 – Internal Audit Documentation. Comments are most helpful if they indicate a clear rationale and, where applicable, provide a suggestion for alternative wording.

Exposure Draft of Standard on Internal Audit (SIA), Managing Internal Audit Function

May 18, 2018 426 Views 0 comment Print

IASB of ICAI invites comments on a new Standard on Internal Audit (SIA) 000 – Managing the Internal Audit Function. Comments are most helpful if they indicate a clear rationale and, where applicable, provide a suggestion for alternative wording.

Exposure Draft Accounting Standard (AS) 109 Financial Instruments

May 16, 2018 2202 Views 0 comment Print

Exposure Draft Accounting Standard (AS) 109 Financial Instruments- Last date for the comments: June 30, 2018. Issued by Accounting Standards Board, The Institute of Chartered Accountants of India

Be an expert on panel of Women Entrepreneurship Platform of NITI Aayog

May 11, 2018 672 Views 0 comment Print

The National Institution for Transforming India (NITI) Aayog has launched Women Entrepreneurship Platform (WEP) on the occasion of International Women day ie 8th March, 2018 with the motive to bring together women from different parts of India to realize their entrepreneurial aspirations.

ICAI invites comments on Valuation Standards

May 10, 2018 894 Views 1 comment Print

The Institute of Chartered Accountants of India (ICAI) has invited comments for the draft on Indian Valuation Standards released by Valuation Standards Board (VSB) of ICAI. The Institute through VSB has formulated valuation standards meant for financial transactions such as merger & acquisition, buying/selling of properties, solvency and many such activities.

ICAI members can have Chartered Accountants Australia & New Zealand membership

May 9, 2018 18039 Views 0 comment Print

Chartered Accountants Australia & New Zealand (CA ANZ) announces a Pilot International Pathway Programme for ICAI Members The Institute of Chartered Accountants of India (ICAI) has entered into a unilateral arrangement “Pilot International Pathway Scheme” with Chartered Accountants Australia & New Zealand (CA ANZ) for ICAI members based in Australia and New Zealand. The said […]

Quick Insight 2018- Latest changes in Tax, Accounting, AS, LLP, Companies Act

May 9, 2018 3837 Views 0 comment Print

Quick Insight- 2017 for the CA fraternity, highlighting latest developments in the profession. The Quick Insight contains important information on tax, accounting & auditing standards, limited liability partnership, Companies Act, statements and standards and standards on audit as well as important information for Members.

SA 701 applicable for audits of financial year 2018-19 & onward

May 9, 2018 13725 Views 0 comment Print

SA 701 is applicable for audits of financial statements for periods beginning on or after April 1, 2018 (i.e. for audits of financial year 2018-19 & onwards).

How to tackle CA Final Paper at the examination hall??

May 6, 2018 3099 Views 0 comment Print

Do not ever try to read the paper in detail during the initial time of first 15 minutes of reading. Out of the 15 minutes…for first 5 minutes…just go through the entire paper by reading the 1st and last sentence of the each question…so that u can get what is the basic requirement of the question and also whether u have studied that topic or not…After going through entire paper like that, mark those questions which u think u have studied and in which u can do your best.

ICAI compliments Union Cabinet for Approving MoU with SAICA

May 5, 2018 1215 Views 0 comment Print

The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and The South African Institute of Chartered Accountants (SAICA) to establish a mutual co-operation framework for the advancement of accounting knowledge, professional and intellectual development,

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