Category: ICAI

ICAI issues revised Guidance Note on CARO 2020

ICAI issues revised Guidance Note on CARO 2020 (Revised 2022 Edition) In July 2020, the ICAI had issued the “Guidance Note on the Companies (Auditor’s Report) Order, (CARO) 2020” to provide guidance on reporting requirements of CARO 2020. The CARO 2020 is applicable for audits of financial year …

Revision in Phase wise implementation of ICAI Peer Review Mandate

Revision in Phase wise implementation of ICAI Peer Review Mandate – Announcement  ICAI had decided to mandate the Peer Review process for coverage of more firms under Peer Review process. An Announcement in this regard can be read at https://www.icai.org/post/peer-review-mandate-roll-out Later, it was clarified that holding a valid …

Chartered Accountants / CA Firms permitted to register on GeM Portal

Chartered Accountant/ CA Firms s permitted to register on GeM Portal for rendering professional services ICAI has issued clarification on Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e- marketplace) Portal As the members are aware, Government of India has mandated procurement of goods …