Category: ICAI
ICAI bans a chartered accountant for doing audit in excess of prescribed numbers The Disciplinary Committee of the ICAI has held CA. Deepak Kedia (Membership No. 029842), BENGALURU, guilty of Professional Misconduct. Previously, the ICAI had taken action in terms of the provisions of Section 21B(3) of the …
ICAI notifies members elected to 25th Council of the Institute The Institute of Chartered Accountants of India (ICAI) has notified the members, who have been elected to the Twenty Fifth Council of the Institute from different constituencies as under:- List of members elected to 25th Council of ICAI …
RE-OPENING OF ONLINE FILLING UP OF EXAMINATION APPLICATION FORMS FOR CHARTERED ACCOUNTANTS – INFORMATION SYSTEMS AUDIT, ASSESSMENT TEST, 8th JANUARY 2022. ICAI has reopened online filling of CA ISA Assessment Test exam application. As per ICAI announcement the step has been taken in the interest of welfare & …
Indian Accounting Standards-An Overview. ICAI releases 6th edition (Revised 2021) The Institute of Chartered Accountants of India (ICAI) has released fifth edition of Indian Accounting Standards (IndAS): An Overview (Revised 2021). The publication gives a glance on the basic aspects of applicable Ind AS in a summarised manner, …
ICAI clarifies on confusion on eligibility of Category IV Individuals/Proprietor CAs for Bank branch audit The Multipurpose Empanelment Form (MEF) for the year 2021-22 has been hosted and is available at https://meficai.org. Both individuals and proprietor Chartered Accountants in practice are eligible to empanel, as in earlier years. …
ICAI advises chartered accountants to file NFRA-2 for 2018-2019 and also for the year ending 31/03/2020 immediately to avoid penal consequences. As per Rule 5 of NFRA Rules 2018, the auditors of specified class of companies are required to file an annual return with NFRA in the prescribed …
ICAI bans 21 Chartered Accountants for guilty of professional misconduct In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, …
ICAI presents its 72nd Annual Report for the year ended 31st March 2021 ICAI has presented its 72nd Annual Report for the year ended 31st March 2021. The Institute was constituted on 1st July 1949 by an Act of Parliament with about 1,700 members but as on 31st …
Extension of Last Date for payment of ICAI Membership /COP fee For the year 2021-22 to 31st December, 2021 The ICAI has extended Last Date for payment of its Membership /COP fee For the year 2021-22 to 31st December, 2021 As per the ICAI Announcement the Council has …
Time limit to generate UDIN extended to 60 days from 15 days to align it with Standards on Auditing and Standard on Quality Control ICAI extends UDIN generation time limit to 60 days Sandard on Quality Control (SQC 1) on Retention Period for Engagement Documentation (Working Papers) requires …
