CA, CS, CMA : The reform shifts routine compliance to para-professionals, creating fee pressure and client shifts. Professionals must move towar...
CA, CS, CMA : Following anti-corruption protests, Ms. Karki becomes Nepal's first female interim prime minister. Her new cabinet includes Financ...
Income Tax : Explore reasons to include Cost Accountants in the Income Tax Bill 2025. Understand their role, expertise, and the legislative int...
Income Tax : Explore why Cost Accountants (CMAs) should be included in the definition of "Accountant" under the Income Tax Bill 2025 for a comp...
CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...
Corporate Law : ICMAI introduced strict advertisement guidelines prohibiting exaggerated claims and misleading content. The framework ensures ethi...
CA, CS, CMA : CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 ...
CA, CS, CMA : ICMAI has proposed structured rules governing merger and demerger of CMA firms, including mandatory agreements, name freezing, and...
CA, CS, CMA : ICMAI requires prior approval of network names and submission of formal agreements through prescribed forms. Detailed provisions g...
CA, CS, CMA : Proposed guidelines permit PCMA firms to change names with Council approval while retaining registration number and tenure, provid...
CA, CS, CMA : Kolkata High Court judgment on re-evaluation of answer scripts in Cost Accountancy exams. Analysis of regulations and court decisi...
CA, CS, CMA : Delhi High Court restrained Institute Of Cost Accountants Of India from using ICAI acronym, a trademark which stands registered in...
Corporate Law : Sanjay Ghiya Vs Union Of India (Rajasthan High Court) Rajasthan High Court held that CHARTERED ACCOUNTANTS Or COMPANY SECRETARIES ...
CA, CS, CMA : CA V. Venkata Sivakumar Vs. The Secretary, Institute Of Cost Accountants Of India Use of acronym ICAI by Institute of Cost Account...
CA, CS, CMA : Institute of Chartered Accountants of India Vs The Institute of Cost Accountants of India (Delhi High Court) Institute of Chartere...
Corporate Law : The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Ce...
CA, CS, CMA : The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory C...
CA, CS, CMA : The Ministry of Corporate Affairs (MCA) has updated member appointments for the Chartered Accountants, Cost Accountants, and Compa...
Corporate Law : ICAI amends 1959 regulations, replacing “Calcutta” with “Delhi” as the official head office location, effective April 25, ...
Corporate Law : Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025....
Official sources said that a CBI team was in Mumbai to understand the share transactions of the Satyam group of companies on the National Stock Exchange and the Bombay Stock Exchange. The CBI appears to have got hold of evidence to prove how Satyam Computer’s revenues were inflated and has sent its officials to Mumbai […]
It’s a measure of efficiency & governance : Kunal Banerjee President, ICWAI Corporate governance has taken centre-stage in all business models since the Enron debacle. But recent happenings have shown that a governance structure should also support an organisation’s efforts to improve performance. There is a need to move from compliance governance to business governance. […]
As regards rotation of Auditors, for the sake of operational convenience, it is suggested they may be changed once every 5 years instead of every 3 years.vi. In order to avoid concentration, group companies may have different Statutory/Internal Auditors in case group turnover exceeds Rs.100 crores.
Institute of Chartered Accountants of India has issued a notification no. Na.1-CA(7)/116/ 2008 dated 25-9-2008 incorporating various amendment to the Chartered Accountants Regulations, 1988.There are 16 amendments to the regulations. One of the major amendments is provisions relating to multidisciplinary partnership firm.
The Supreme Court today said that only chartered or cost accountants will be eligible to audit and certify sales tax returns in bid to prevent evasion. The decision would affect the lawyers specialising in Sales Tax laws and former Sales Tax officers who work as sales tax practitioners.
The New Year brings in good news for independent finance professionals like company secretaries, chartered accountants and cost & works accountants, who will be allowed to advertise their services and area of proficiency, a move that would enable them to offer services globally and effectively highlight their areas of competence.
The government is set to exempt a host of industries in the manufacturing sector from mandatory cost audits. The sensitive operational details of industries that are set to go off the government’s penetrating gaze include synthetic textiles, engineering, power transmission and distribution, chemicals, cosmetics, all electronic products and telecommunication gadgets.
