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CBDT – Kindly explore the mechanism to Monitor & Regulate Tax Audits by using MEF data

CA, CS, CMA : Your attention is drawn towards a need of the hour that Tax Audits allotment be monitored through the department. It is certain th...

August 18, 2015 2262 Views 3 comments Print

ICAI hosted Specimen Multipurpose Empanelment Form for 2009-10

CA, CS, CMA : Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the ye...

April 19, 2009 978 Views 0 comment Print

Onus Is On Assessee To Prove That The Net Realizable Value Whatever Has Been Shown By Him Is The Correct Net Realizable Value

CA, CS, CMA : Valuing the closing stock at net realizable value method is duly recognized by AS-2 issued by the ICAI but, the onus is on the ass...

December 8, 2008 1739 Views 0 comment Print


Latest News


ICAI Releases Draft Auditor Panel for Co-operative Banks

CA, CS, CMA : The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing...

May 5, 2026 19164 Views 0 comment Print

Draft Bank Branch Auditors’ Panel (MEF) for the year 2025-26

CA, CS, CMA : ICAI has published the draft MEF panel prepared under RBI norms. Members can verify details, reasons for ineligibility, and submit...

January 24, 2026 13352 Views 0 comment Print

Last Date for MEF 2025-26 Submission Extended – Also Read Advisory

CA, CS, CMA : The Institute of Chartered Accountants of India has extended the deadline for the Multipurpose Empanelment Form (MEF) to October 1...

September 20, 2025 6714 Views 0 comment Print

ICAI Launches MEF 2025-26 Empanelment Form

CA, CS, CMA : Institute of Chartered Accountants of India's Professional Development Committee has released the Multipurpose Empanelment Form fo...

September 6, 2025 41895 Views 3 comments Print

MEF 2023-24 Application Window Open for 3 Days

CA, CS, CMA : ICAI announces a one-time window for MEF 2023-24 applications from 20th to 22nd November. Don't miss out, members!...

November 18, 2023 1971 Views 0 comment Print


Latest Notifications


Multipurpose Empanelment for the year 2015-16 started

CA, CS, CMA : This is to inform that Multipurpose Empanelment Form for the year 2015-16 has been made live at www.meficai.org. Last date for sub...

July 22, 2015 6165 Views 0 comment Print


Draft Bank Branch Auditors’ Panel for the year 2012-13

October 23, 2012 6426 Views 0 comment Print

This has reference to your application for the multipurpose panel for the year 2012-13. Please click on the relevant interval to know your category in the subject Panel. MEF00001 to MEF10000 MEF10001 to MEF20000 MEF20001 to MEF30000

Revised draft Bank Branch Auditors’ Panel for the year 2011-12

January 7, 2012 1355 Views 0 comment Print

Revised draft Bank Branch Auditors’ Panel for the year 2011-12 has been hosted at www.meficai.org and will be available till 10th January, 2012. MEF00001 to MEF10000 MEF10001 to MEF20000 MEF20001 to MEF30000

Further Extension of last date for submission of financial documents for MEF 2011-12

October 4, 2011 1433 Views 0 comment Print

This is to inform that last date for submission of financial documents has been extended upto 10th October, 2011.

ICAI hosted Multipurpose Empanelment Form (MEF) 2011-12, Last Date for Application is 27th August, 2011

July 30, 2011 9742 Views 0 comment Print

1. Last date for submission of applications on the website www.meficai.org is 27th August, 2011.(5.30 PM.) 2. Members are advised to fill MEF well in advance to avoid last minute rush and technical problems. 3. The information filled in by the applicant in MEF can be edited/modified any number of times before online submission of MEF. 4. All correspondence, acknowledgement, discrepancy letters, etc. will preferably be through e-mail only. Please fill up e-mail id correctly and ensure that it is active.

Introduction to Multi-Purpose Empanelment Form (Including Bank Branch Auditors Empanelment)

December 16, 2010 13111 Views 0 comment Print

Every year, Professional Development Committee of the Institute hosts the Multipurpose Empanelment Form (MEF) on www.meficai.org. This year also, MEF 2010-11 was hosted on May 1, 2010. As per the decision of the Council of the Institute taken at its

The draft Bank Branch Auditors panel for the year 2010-11

October 6, 2010 789 Views 0 comment Print

This has reference to your application for the multipurpose panel for the year 2010-11. The draft Bank Branch Auditors’ panel for the year 2010-11, prepared thereof is hosted at the following link, for your ready reference. Application No MEF00001 to MEF10000

Multipurpose Empanelment (MEF) for Chartered Accountants for the year 2010-11

May 3, 2010 1690 Views 0 comment Print

Multipurpose Empanelment Form for the year 2010-11 is an on line application instead of offline application Members can fill up the application form directly in the site it self and Upload it. Members can view the Application and can Edit the Application in different stages.

Empanel with ROC for Technical Scrutiny of Balance Sheets, COP not required

November 11, 2009 763 Views 0 comment Print

Further, it may be noted that since technical scrutiny of balance sheet does not involve attestation function, accordingly any Chartered Accountant not holding certificate of practice is also eligible to apply for the subject panel.

ICAI hosted Specimen Multipurpose Empanelment Form for 2009-10

April 19, 2009 978 Views 0 comment Print

Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the year 2009-10. The new form has been comprehensively revised to make it user friendly and ensure that members do not face any problem in submitting the form. Apart from making form simple and user friendly members may note […]

Approval of four more Auditing Standards – ICAI

December 26, 2008 720 Views 0 comment Print

The Revised Standard on Auditing (SA) 540, ‘Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures’ provides timely guidance on audit of fair value and accounting estimates in the current times of market uncertainty and liquidity crunch. Accounting estimate is an approximation of a monetary amount in the absence of precise means of measurement. Risk of material misstatement increases significantly since accounting estimate involves the use of judgment by the management. This Standard provides specific guidance to auditor while verifying the valuation of complex financial instruments which are not traded in active and open market and transactions involving the exchange parties without monetary consideration. This Standard is applicable for audits of financial statements for periods beginning on or after April 1, 2009.’

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