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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


ICAI in talks with many countries for Mutual Recognition Agreements

August 6, 2010 1122 Views 0 comment Print

The chances of 1.6 lakh chartered accountants in the country being employed in companies and organisations across the world will soon be brighter with India going in for Mutual Recognition Agreements (MRAs) with many nations. Having already worked out MRAs with Australia and the UK, India is in talks for MRAs with Singapore, Ireland, Canada, Japan, the Netherlands and with some West Asian and Asian countries, Corporate Affairs Ministry officials said. After the US, India is the country with the maximum number of CAs.

ICAI organizing convocation for its members enrolled during the period September, 2009 to February, 2010

August 6, 2010 537 Views 0 comment Print

Members who enrolled as Associate members from 01st September, 2009 to 28th February, 2010 would be eligible to receive their membership certificate in person at the Convocation. However in case of Eastern Region, it would be from November, 2009 to February, 2010.

Examination Results – A Mixed Bag:ICAI President

August 2, 2010 930 Views 0 comment Print

The results of the latest CA Final Examination (May, 2010) and Common Proficiency Test-Paper Pencil Mode (June, 2010) are out. Overall, the results have been a mixed bag. While the results of CA Final Examination are disappointing, the results for CPT are satisfying. Nevertheless, we heartily congratulate all those who have passed the examinations. Our special compliments to the rank holders.

Accoune Restatement may cost Mahindra Satyam in excess of 50 crore

July 31, 2010 693 Views 0 comment Print

Mahindra Satyam may end up paying a huge fee for restatement of its book of accounts that were allegedly fudged by its former Chairman Mr B. Ramalinga Raju. Indications are that the Hyderabad-based company will shell out close to Rs 60 crore by September when the accounts are expected to be restated.

ICAI announces Examination Centers, last date for filing forms, date & Schedule of Common Proficiency Test (Paper- Pencil Mode)

July 30, 2010 580 Views 0 comment Print

In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test ( Paper- Pencil Mode) will be held on Sunday, 19th December, 2010 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.

Important Announcement for students of erstwhile CA Intermediate/ Professional Education – II Course

July 30, 2010 1722 Views 0 comment Print

Students registered for the Professional Education – II Course (PE-II) are hereby informed that the said course has been discontinued by the Institute of Chartered Accountants of India with the culmination of the May, 2010 examination.

List of publications relevant for CA students appearing in November 2010 Examinations

July 29, 2010 1538 Views 0 comment Print

The list of publications relevant for November 2010 examinations has been hosted on the website of the Institute. You may go through the same to be aware of the publications which are relevant from the examination point of view.

Core Group on IFRS from India and the IFRS Council of Japan Sign Memorandum of Understanding on IFRS

July 28, 2010 606 Views 0 comment Print

India and Japan have signed a historic Memorandum of Understanding (MOU) on IFRS. It was signed in Japan between the Core Group on IFRS constituted by the Ministry of Corporate Affairs and the IFRS Council, Japan in the presence of Shri R. Bandhyopadhyay, Secretary, Ministry of Corporate Affairs. Shri Amarjit Chopra, President, ICAI, and Shri Noriaki Shimazaki, Chairman of the International Affairs Committee of the IFRS Council of Japan signed this MOU. An India-Japan Forum 2010 has also been formally inaugurated.

ICAI Discontinues CA Final Examination under the old syllabus

July 27, 2010 744 Views 0 comment Print

Students are hereby informed that the CA Final (Old) Course shall be discontinued with the holding of the November, 2010 examination. In other words, November, 2010 examination will be the last attempt available to Final (Old) students and no further extension shall be granted under any circumstances. Final (Old) syllabus students shall have to mandatorily switch over to the Final (New) syllabus after November, 2010 examination.

Free of cost tool kit to all the members and CA Firms by ICAI committee for capacity building

July 24, 2010 3433 Views 0 comment Print

Committee for Capacity Building CA Firms and Small & Medium Practitioners, ICAI launches Audit Toolkit (KDOC-eSecretary) and made arrangement for access to Capitaline TP Database for transfer pricing.Audit Tool Kit & Document Management Software

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