ICSI - Page 4

Appointment of CS Mandatory for Strengthening Governance Framework

ICSI being the parent organization of Governance professionals in India believes in having strong credentials in corporate governance. Improving the level of transparency and accountability shall go a long way in strengthening the Corporate governance framework of the nation...

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Posted Under: CA, CS, CMA |

Form DPT 3: ICSI seek clarification on Audit Requirement, Nil Return, Amount to Include

ICSI has made a representation to Minister of Corporate Affairs and requested to clarify – 1. w.r.t requirement of the Audit of financials for the purpose of filing of Form DPT – 3, 2. In case of one-time DPT -3 return a. Whether the amount received before 1st April, 2014 is to be included if […]...

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Posted Under: CA, CS, CMA | ,

ICSI Payment of Annual Membership & COP Fee- Last Date 30.06.2019

The annual membership fee and certificate of practice fee for the year 2019-2020 has become due for payment w.e.f. 1st April, 2019. The last date for the payment of annual membership fee is 30th June, 2019. Kindly go through the Frequently Asked Questions given on the home page www.icsi.edu right top corner....

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Posted Under: CA, CS, CMA |

Secretarial Audit Restructuring Audit Framework

Secretarial Audit: Introduction Secretarial Audit is a health check up process of an organization whereby the Practicing Professional verifies the correctness and reliability of compliance management system in order to ensure compliances of applicable laws by the company. Secretarial Audit is a process to check compliance with the provisi...

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Posted Under: CA, CS, CMA |

Auditing Standards Issued By ICSI

ICSI has recently issued four Auditing Standards for the members in practice in order to enable them to carry out the audit engagements more effectively. The four Auditing Standards are: CSAS-1 Auditing Standard on Audit Engagement CSAS-2 Auditing Standard on Audit Process and Documentation CSAS-3- Auditing Standard on Forming of Opinion ...

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Posted Under: CA, CS, CMA |

Change in Constitution of Appellate Authority under CA, CS, CMA Laws

G.S.R. 413(E) (10/12/2016)

Central Govt makes further amendments in notification of Govt of India by which it notified Constitution of Appellate Authority under CA, CS & CMA Laws...

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ICSI Guidance Note on Report of Board of Directors

The Board’s Report is an important means of communication by the Board of Directors of a company with its stakeholders. The Board’s Report provides the stakeholders with both financial and non-financial information, including the performance and prospects of the company, relevant changes in the management and capital structure...

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Posted Under: CA, CS, CMA |

ICSI Auditing Standards

CSAS-1 Auditing Standard on Audit Engagement Applicability: 1. Applicable to Auditor undertaking Audit Engagement under any Statute. 2. CSAS-1 deals with the Auditor’s role and responsibilities w.r.t Audit Engagement and the process of entering into an understanding/ agreement with the Appointing Authority. – Effective Date: Objec...

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Posted Under: CA, CS, CMA |

13 recent important decisions taken by ICSI Council

Ceiling on number of Annual Secretarial Compliance Reports to be issued by PCS - (i) The ceiling on number of Annual Secretarial Compliance Reports to be issued by PCS is 5 (five) reports individually/ per partner in each financial year w.e.f. April 1, 2020 and an additional limit of 5 (five) Secretarial Compliance Reports individually/ p...

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Posted Under: CA, CS, CMA |

Consider extension of last date of filing Form BEN-I: ICSI

The due date for the filing of Form BEN-1 is 9th May, 2019 and that of Form BEN-2 is within 30 days of receipt of declaration in Form BEN-1 However, the said e-forms Form BEN-1 and BEN-2, have not yet been made available on the MCA website is leading to practical difficulties for companies in […]...

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Posted Under: CA, CS, CMA |

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