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Exposure Draft of SIA 530, Third Party Service Provider

January 15, 2020 1578 Views 0 comment Print

Exposure Draft of Standard on Internal Audit (SIA) 530, Third Party Service Provider (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 530 THIRD PARTY SERVICE PROVIDER The Internal Audit Standards Board of the Institute of Chartered Accountants of India (ICAI) invites comments on Standard on Internal Audit (SIA) […]

Digital Competency Maturity Model For Professional Accounting Firms – Version 2.0 And Implementation Guide

January 15, 2020 8346 Views 0 comment Print

Digital Competency Maturity Model For Professional Accounting Firms – Version 2.0 And Implementation Guide This is an era of exponential changes powered by innovative combinations of emerging technologies with unprecedented pace, scope and depth of impact. Governments and regulators across the globe are recognizing the potential of emerging technologies for creating positive implications on almost […]

RTIs related to J&K UT Administration to come under CIC jurisdiction

January 15, 2020 675 Views 0 comment Print

Applications filed under the Right to Information (RTI) Act related to Offices in Jammu and Kashmir under the Union Territory Administration will soon come under the jurisdiction of the Central Information Commission CIC).

Pre-Budget: Mounting Fiscal Pressures

January 14, 2020 789 Views 0 comment Print

Mr. Abheek Barua, Chief Economist, HDFC Bank Ltd. HDFC Banks Treasury has recently come up with a Report on Union Budget 2020-21.  In this report  take a look on how the fiscal math is likely to unfold this year and what can be expected from the 2020-21 budget. ♠ In our opinion the 2020-21 budget […]

BOB RFP to Appoint service provider for Concurrent & IS Audit

January 14, 2020 1530 Views 0 comment Print

Bank of Baroda Request for Proposal for Selection of Service Provider for Conducting Concurrent Audit of Data Centre and IS Audit of Applications

ICSI Guidance Note on Prevention of Insider Trading

January 14, 2020 2658 Views 0 comment Print

The act of Insider Trading does not only shake the capital markets, but also impacts the genuine Investors and the country’s economic growth. Various committees constituted by the Government have recommended measures to prohibit the practice of insider trading and the need to regulate the same. To deal with market abuse related to “insider trading”, […]

Guidance Notes on ICSI Auditing Standards (CSAS-1 to CSAS-3)

January 14, 2020 1158 Views 0 comment Print

ICSI Auditing Standards aims to support the Company Secretaries in developing auditing acumen, techniques and tools and inculcate best auditing practices while conducting the audit and promote standardisation and uniformity in the professional arena. The Institute of Company Secretaries of India has issued the first four Auditing Standards, i.e (i) Auditing Standard on Audit Engagement […]

ICAI Cut off date for conversion from old to new course for May 2020 Exam

January 12, 2020 2472 Views 0 comment Print

Cut-off date for conversion from Final (Old) Course under the Earlier Scheme of Education and Training to the Revised Scheme of Education and Training to appear for May, 2020 Final (New) Examination, Foundation Examination and Intermediate (New) Examination. Announcement Cut-off date for conversion from Final (Old) Course under the Earlier Scheme of Education and Training […]

Draft Guidelines on Standardization of General Clauses in Health Insurance Policy Contracts

January 11, 2020 1515 Views 0 comment Print

The Objective of Guidelines on Standardization of General Clauses in Health Insurance Policy Contracts s is to standardize the common general clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and Domestic / Overseas Travel] products covering Hospitalization, Domiciliary hospitalization and Day care treatment in order to simplify the wordings of general clauses in the policy contracts and ensure uniformity and greater transparency.

ICSI representation on recent change in CS Appointment limit

January 11, 2020 8724 Views 0 comment Print

This has reference to Ministry’s Notification dated 3rd January, 2020 amending the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 thereby altering the limits for mandatory appointment of Whole-Time Company Secretaries from rupees 5 (five) crore to rupees 10 (ten) crore.

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