Day: October 1, 2016

Small Savings Schemes Interest rates reduced for 3rd quarter FY 2016-17. KVP Maturity now in 112 Months against existing 110 Months

Small Savings Schemes Interest rates reduced for 3rd quarter FY 2016-17 F.No. 1/04/2016-NS .II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North -Block , New Delhi Dated: 29th September, 2016 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings Schemes. The undersigned …

ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time transition phase relaxation given for the financial year 2016-17

ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time  transition phase relaxation given for the financial year 2016-17 1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to …

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance. Auditing and Assurance Standards Board of ICAI has released the revised Guidance Note on Audit Reports and Certificates for Special Purposes. Chartered Accountants are often required to issue specific reports/certificates required under various laws …

Expert group to examine misuse by restructuring of audit firms and adverse impact on Indian audit firms, implementation of auditors rotation etc.

Expert group to examine misuse by restructuring of audit firms and adverse impact on Indian audit firms, implementation of auditors rotation etc. F. No. 17/112/2016-CL-V Government of India Ministry of Corporate Affairs Dr. Rajendra Prasad Road, New Delhi – 110001 Dated 30th September, 2016 ORDER Sub: Constitution of …