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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 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


Draft Chartered Accountants (Amendment) Regulations, 2021

May 27, 2021 4602 Views 0 comment Print

1. (1) These regulations may be called the Chartered Accountants (Amendment) Regulations, 2021. (2) They shall come into force on the date of their final publication in the Official Gazette.

CA Final/ IPC/Intermediate May 2021 Exams from 5th July, 2021

May 26, 2021 6906 Views 0 comment Print

CA IPC Under Old Scheme, Intermediate Under New Scheme, Final Under Old & New Scheme of May 2021 Exam shall now commence from Monday, 5th July, 2021 across the globe. The detailed Schedule / Notifications for the said Examinations will be announced shortly.

Career Ascent for Experienced CAs (1 year and above)

May 26, 2021 4287 Views 0 comment Print

Announcement of Career Ascent for Experienced Chartered Accountants (1 year and above) 30th June 2021 Yet another initiative on the part of the Committee for Members in Industry & Business (CMI&B) in the form of potential opportunity for the Chartered Accountants to secure career advancement in the leading organizations! Change and advancement in career depend […]

Explanatory Memorandum on Applicability of Audit Quality Maturity Model

May 26, 2021 1446 Views 0 comment Print

The Audit Quality Maturity Model -Version 1.0 (AQMM v1.0) is a capacity building measure initiated by ICAI and the objective of this Evaluation Matrix is for sole proprietors and Audit firms to be able to self-evaluate their current level of Audit Maturity, identify areas where competencies are good or lacking and then develop a road map for upgrading to a higher level of maturity.

How to do Virtual Course of DISA (Diploma in Information System Audit)

May 26, 2021 40677 Views 3 comments Print

DISA (Diploma in Information System Audit) is  Post Qualification Course which is conducted by Institute of Chartered Accountant of India for there member. Now a days , due to corona DISA  course is also available virtual course. If anybody want to do this virtual course following step have to do: Step :1  First Member have […]

Differences between Ind AS-103 & AS-14 & Carve out/in Ind AS-103 from IFRS-3

May 26, 2021 29484 Views 5 comments Print

Article contains Easy Analysis of Differences Between Ind AS-103 and AS-14 and Carve-Out, Carve-In in Ind AS-103 from IFRS-3. It explains  Significant differences between Ind AS-103 and AS-14 and Carve-Out in Ind AS-103 from IFRS-3.  1- Introduction There is no single Accounting standard which addresses accounting treatments and disclosures where one entity obtains control of […]

Business Responsibility and Sustainability Reporting (BRSR) – overview

May 26, 2021 15120 Views 0 comment Print

In the current situation, the major investing organizations across the world review the non-financial data to take decisions on investment in any new venture or project. It provides trust to the interested parties to a business, such as financial & capital providers, customers, regulatory bodies, suppliers & subcontractors, workforces, population affected by the operation of […]

Accounting Standards: Quick Referencer for Micro Non-company entities

May 26, 2021 1476 Views 0 comment Print

Accounting Standards (AS) issued by the Institute of Chartered Accountants of India (ICAI) are applicable to Non-company entities to whom Ind AS are not applicable. For applicability of AS, the ICAI in 2004, prescribed the criteria classifying entities as Level I, Level II and Level III, wherein subsequently minor revisions were made. Level II and […]

CA students can complete Orientation Course/IT Training by 30.06.2021

May 25, 2021 2229 Views 0 comment Print

Completion of Orientation Course/IT Training by the students undergoing practical training on or before 30th June, 2021 instead of 31st May, 2021

ICAI- CABF Financial Assistance

May 24, 2021 4890 Views 1 comment Print

The Institute of Chartered Accountants of India has established a society “The Chartered Accountants’ Benevolent Fund” to extend financial help to its members in distress. Every active member of the Institute is eligible to get financial aid from the CABF. The objects for which the Fund is established is to provide financial assistance for maintenance, […]

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