Category: ICAI
ICAI warns of misconduct on using social media to express grievances without taking up issues with Institute. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(Set up by an Act of Parliament) February 11, 2021 ADVISORY Attention: All members and students The ICAI has always been making efforts to protect …
ICAI Handbook on Role of Women Directors in Companies As per the statement given in the Govt., Rajya Sabha as on as on 31.03.2017, 25.01% of the directors on the boards of companies were women directors. Section 149 of the Companies Act 2013 provides that every company shall …
Standard on Assurance Engagements (SAE) 3410 Assurance Engagements on Greenhouse Gas Statements Global climate change (GHG) is one of world’s most significant long-term policy challenges. Project to develop a standard for assurance engagements on greenhouse gas (GHG) statements was started by the IAASB in 2007. With …
ICAI Hand book on Audit of CSR Activities Under the provisions of section 135 of the Companies Act 2013 its is mandatory for Companies to take up Corporate Social Responsibility (CSR) projects on various social welfare activities provided and/or notified by MCA. ICAI Hand book on Audit of …
ICAI has issued a clarification on Statutory Auditor of a Company giving feedback to Credit Rating Agencies about Auditee Client CAs as Statutory auditor can not share client information with credit rating agencies without permission The Institute stated that it has been receiving queries from the members as …
Report of Quality Review Board for FY 2019-20. 3 cases referred to ICAI Council for initiation of Disciplinary Proceedings. Report of Quality Review Board for FY 2019-20 The Quality Review Board (QRB) is established under the Chartered Accountants Act, 1949. The QRB reviews all aspects of how an …
ICAI UDIN One-time Condonation Scheme from 1st January, 2021 to 31st January 2021. Delays in generation of UDINs during 1st February 2019 till 31st December 2020 condoned Considering various representations, ICAI has granted One-time Condonation Scheme to regularize UDINs. ICAI UDIN One-time Condonation Scheme As a One-time condonation scheme, …
ICAI Advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency The Institute of Chartered Accountants of India (ICAI) has issued ten Valuation Standards 2018 to promote best practices in this niche area of practice and ensure the consistent, …
Mandatory validation of UDIN in Income Tax Forms / Reports. One-time relaxation by CBDT Mandatory validation of UDIN in all Income Tax Forms ICAI Announcement CBDT is validating Unique Document Identification Number (UDIN) generated from ICAI portal while uploading of Tax Audit and other Income Tax Reports as …
ICAI notifies dates of CA Exams Opt Out Scheme for students opted-out from November 2020 Exams ICAI has notified the next Chartered Accountant Examinations for the students who had opted-out from November 2020 Examinations and opted for November 2020 Cycle-II The dates for exam for opt out scheme …
