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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 Guidance Note on Income-tax Audit Reports under Section 12A/10(23C)

April 29, 2024 2298 Views 0 comment Print

Engage in shaping tax audit guidelines! Direct Taxes Committee invites public comments on the Exposure Draft for Guidance Note on Audit Reports under Income-tax Act, 1961.

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

April 29, 2024 20124 Views 1 comment Print

Analysis of ICAIs disciplinary action against EY India affiliates for professional misconduct, implications, and insights into regulatory challenges in the accounting sector.

NFRA Imposes ₹60 Lakh Penalty on CMIL Auditor & Debars Auditor for 2 Years

April 26, 2024 15159 Views 1 comment Print

NFRA issues Order against Krishna Neeraj & Associates and CA Krishna Kr Neeraj for professional misconduct in CMIL’s audit, imposing penalties and sanctions.

ICAI Directs Three S. R. Batliboi Firms to Cease Existing Arrangements with E&Y

April 25, 2024 6105 Views 0 comment Print

Delve into the detailed analysis of the disciplinary committee’s order against Indian chartered accountants for professional misconduct under the Chartered Accountants Act, 1949.

Entering into prohibited arrangements with international entities is Professional Misconduct: ICAI

April 25, 2024 393 Views 0 comment Print

Dive into the detailed analysis of the Institute of Chartered Accountants of India (ICAI) Disciplinary Committee’s order in the Tridibes Basu case under Section 21B(3) of the Chartered Accountants Act, 1949.

ICAI Mock Test Papers Series I: CA Foundation June 2024 Exams

April 25, 2024 35721 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) announces Mock Test Papers Series I for CA Foundation June 2024 Exams.

ICAI Observer Empanelment: May/June 2024 Exams Announcement

April 25, 2024 6487 Views 0 comment Print

The Institute of Chartered Accountants of India announces reopening of online empanelment for members to act as observers for May/June 2024 exams. Learn more here.

CA Live Virtual Classes for Sept/Nov 2024 Exams: Schedule & Features

April 25, 2024 2013 Views 0 comment Print

Join the Institute of Chartered Accountants of India’s Live Virtual Classes for CA Foundation/Intermediate/Final courses. Get exam-centric guidance & unlimited access to recorded lectures.

Securing Business via International Entity Members is Professional Misconduct: ICAI

April 24, 2024 459 Views 0 comment Print

Read the detailed analysis of the Disciplinary Committee’s order against CA. Shreedhar Tryambak Kunte under the Chartered Accountants Act, 1949. Punishment details included.

Cut-off date for enrollment in CA Foundation /Intermediate Course

April 24, 2024 819 Views 0 comment Print

Discover the latest update from ICAI regarding changes in exam frequency and registration deadlines for Foundation and Intermediate courses.

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