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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 642 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 2289 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 1077 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 10710 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 20007 Views 1 comment Print


Latest News


ICAI BoS Publications: Jan 2025 Foundation & Intermediate, Nov 2024 CA Final

CA, CS, CMA : Discover the latest updates from the Institute of Chartered Accountants of India for 2025 exams. Detailed analysis of course publi...

July 15, 2024 93 Views 0 comment Print

ICAI BoS Publications: September 2024 Foundation & Intermediate Course Exam

CA, CS, CMA : Stay updated with ICAI BoS Publications for September 2024 exams. Analysis of Foundation and Intermediate course subjects' edition...

July 15, 2024 573 Views 0 comment Print

Exposure Draft: Audit Quality Maturity Model (AQMM) version 2.0

CA, CS, CMA : Explore the Audit Quality Maturity Model (AQMM) v2.0 by ICAI. Review proposed changes, submit feedback, and shape the future of au...

July 13, 2024 306 Views 0 comment Print

ICAI Letter to CBDT on Technical Glitches in Income Tax Filing Portal

Income Tax : Read ICAI's concerns about technical glitches in tax filing and payment systems. Understand the impact on taxpayers and solutions ...

July 13, 2024 2511 Views 0 comment Print

ICAI raises Concerns in relation to Form 26AS/TIS/AIS and in e-filing ITR Forms

Income Tax : ICAI addresses issues with Form 26AS/TIS/AIS and ITR filing glitches, urging CBDT for timely resolution to aid taxpayers in meetin...

July 13, 2024 13212 Views 7 comments 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 4050 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 357 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 441 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 663 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 870 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 13, 2024 309 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 483 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 1035 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 438 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 426 Views 0 comment Print


ICAI allows UDIN generation within 60 days from signing of certificates/reports/document

September 18, 2021 3993 Views 0 comment Print

With an aim to align the time limit for generating UDIN with the Standards on Auditing and Standard on Quality Control, the Council at its 405th meeting held on 17th September 2021 has decided that the time limit of generating UDIN would be 60 days from the date of the signing of certificates/reports/document instead of 15 days henceforth.

Tribunal constituted to decide ICAI/ICSI/CMA 2021 election disputes

September 17, 2021 741 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 17th September, 2021 G.S.R. 642(E). —In exercise of the powers conferred by sub-section (1) of section 10B of the Chartered Accountants Act, 1949 (38 of 1949) and in pursuance of rule 3 of the Chartered Accountants (Election Tribunal) Rules, 2006, the Central Government hereby makes the following […]

Relaxation in Study Period for students appearing CA Intermediate Exam

September 15, 2021 759 Views 0 comment Print

Competent Authority has decided that the students who have cleared July, 2021 Foundation Examination are required to register in Intermediate Course till November 1, 2021 in order to appear in May, 2022 Intermediate Examination.

Exemption of CA Course fee for students who lost any parent during Covid-19

September 15, 2021 3747 Views 0 comment Print

Competent Authority has decided that the registration fee of CA Course at all levels including ICITSS [consisting of Information Technology (IT) and Orientation Course (OC)] and AICITSS [consisting Advanced Information Technology (Advanced IT) and Management and Communication Skills (MCS) Course] would be exempted for such students who have lost their any parent during Covid-19 pandemic i.e. from 1st April, 2020 to 31st March, 2023 after submission of requisite documents while registering in the CA Course.

CA Final & Foundation July 2021 Pass percentage & Topper List

September 13, 2021 90447 Views 2 comments Print

ICAI declares CA Final (New & Old Scheme) & CA Foundation Examination July 2021 Pass percentage & List of Top 3 students. This post contains Pass Percentage and Toppers of Chartered Accountants Final (New Scheme) Examination, Chartered Accountants- Final (Old Scheme) Examination and Chartered Accountants- Foundation Examination Held In July 2021. THE INSTITUTE OF CHARTERED […]

Number of students appeared in Optional Paper No. 6A to 6E of CA Final (New Course)

September 13, 2021 2076 Views 0 comment Print

Number of Students who appeared in Optional Paper No. 6A, 6B, 6C, 6D and 6E, from May, 2018 till January, 2021 attempt of CA Final (New Course) examinations The Institute of Chartered Accountants of India, has provided the statistics pertaining to the number of students who appeared in Optional Paper No. 6A, 6B, 6C, 6D […]

CA Foundation & Final July 2021 Exam Result on 13th September

September 10, 2021 15901 Views 0 comment Print

Results of the Chartered Accountants Final Examination(Old course & New Course) and Foundation Examination held in July 2021 are likely to be declared on Monday, the 13th September 2021(evening)/Tuesday the 14th September 2021. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] September 10, 2021 IMPORTANT ANNOUNCEMENT The results of […]

Cabinet approves MoU between ICAI and CAAR

September 9, 2021 552 Views 0 comment Print

Cabinet approves Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI) and The Chamber of Auditors of the Republic of Azerbaijan (CAAR) The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the for signing Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI) & The Chamber […]

CA Students allowed to appear in Old/ New scheme in Nov, 2021 exam

September 8, 2021 456 Views 0 comment Print

Students converted from earlier scheme to revised scheme from July 21, 2021 to August 20, 2021 allowed to appear in Old/ New scheme in November, 2021 examination

ICAI writes Navbharat Times against wrongly attributing a Fraud to a CA

September 4, 2021 1218 Views 0 comment Print

Based on our records we wish to clarify, that the said Ashish Tayal is not a Chartered Accountant and it has been wrongly reported that he is a Chartered Accountant in the said news item. By attributing such a fraud wrongly to a Chartered Accountant you have brought immense disrepute to the profession of Chartered Accountancy and tarnished their image in the eyes of the public.

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