Category: ICAI
ICAI Audit Quality Maturity Model (AQMM) review shall be applicable to Practice Units which are subject to Peer Review and auditing specified entities ICAI widens the scope of mandatory applicability of Audit Quality Maturity Model (AQMM) The ICAI’s Audit Quality Maturity Model (AQMM) is a mandatory self-assessment framework for …
ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of Chartered Accountants of India has notify the setting up of a Branch of Central India Regional Council at Korba city (Chhattisgarh) with effect from 6th February, 2026. As …
Chartered Accountants Final Examination to be held twice a year from May 2026 Examination onwards ICAI vide Notification dated 15.04.2024 had decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice in a year in the month of May/June, September and January from …
Applicability of ICAI Guidance Note on Financial Statements of Non-Corporate Entities/LLPs for FY 2025-26 and 2026-27 ICAI has issued an important announcement on applicability of ‘Guidance Note on Financial Statements of Non-Corporate Entities’ and ‘Guidance Note on Financial Statements of Limited Liability Partnerships’ for annual reporting periods 2025-26 …
ICAI defers the mandatory effective date of SQM 1 and SQM 2 The Council of ICAI, at its 451st Meeting held on 30th and 31st March 2026 considered the matter relating to the mandatory effective date of SQM 1 and SQM 2. The Council decided to defer the …
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit of Banks. The revised 2026 edition incorporates the impact of the various circulars of the Reserve Bank of India as well as certain important advisories, pronouncements of the …
ICAI specifies categories to which ceiling of 60 audits applicable for UDIN generation Field-Level Validation for all sub-categories under section 44AB at the time of UDIN generation under ‘GST and Tax Audit’ category The ICAI has decided to implement a ceiling on the maximum number of UDINs that …
ICAI (Global Networking) Guidelines 2025 ICAI has issued ICAI (Global Networking) Guidelines 2025 to promote Networking amongst one or more Chartered Accountant firm (s), Networks and other entities registered with ICAI with networks or entities established and registered outside India in their respective jurisdiction; and shall also apply …
Empanelment to act as ICAI exam observers for May 2026 CA Examination. Last date to apply is 19/03/2026 Empanelment of Chartered Accountant Members to act as Observers at Examination Centres for The Chartered Accountants Examinations to be held in May, 2026. ICAI proposes to empanel members to act …
ICAI revises eligibility criteria for empanelment of organizations to impart industrial training (Effective from 1st January, 2026) The Council of the Institute of Chartered Accountants of India has revised the eligibility criteria for empanelment of organizations to impart Industrial Training under Regulation 51 (2)(b) effective from 1st January …
