Category: ICAI
Announcement on Applicability of “Implementation Guide on Resignation/ Withdrawal from an Engagement to Perform Audit of Financial Statements” to Statutory Auditors of Listed Entities and their Material Subsidiaries ICAI Announcement 1 The Auditing and Assurance Standards Board of ICAI issued “Implementation Guide on Resignation/ Withdrawal from an Engagement …
Quality Review Board Report on Audit Quality Review 2018-19. Audit documentation, standards on quality control, written representations etc. key concern The Quality Review Board (QRB) has been set up by the Government of India under section 28A of the Chartered Accountants Act, 1949. The QRB publishes its …
ICAI Quick Referencer on IndAS. It provides glance on basic aspects of applicable standards ICAI Quick Referencer on IndAS Literature of the Indian Accounting Standards (IndAS) is vast and going through the entire literature when in need of a particular aspect is a practical problem. Taking cognizance of …
ICAI Clarification on effective Date of Validity of Peer Review Certificate viz-a-viz PR Board meeting. Peer Review Certificate subject to condition prescribed, shall be effective from the date of submission of final clean report irrespective of date of Peer Review Board meeting in which it is approved. ICAI …
Evaluation of ICAI qualification by UK NARIC by comparing ICAI Intermediate & Final level in the context of the UK and UAE education systems ICAI Press Release Evaluation of ICAI qualification by UK NARIC The Institute of Chartered Accountants of India (ICAI) has always strived for academic and …
ICAI gets acronym “UDIN” registered under the Trade Marks Act, 1999 in the name of The Institute of Chartered Accountants of India. The ICAI Presient in its latest message has informed that Unique Document Identification Number (UDIN) has now been registered under the Trade Marks Act, 1999 in …
Protest for rechecking of CA exam answer books. ICAI advises students not to be carried away Protest for rechecking of CA exam answer books As reported in media, over 200 students of the Institute of Chartered Accountants of India (ICAI) staged a protest outside its central Delhi office …
Evaluation of CA exams answer books – ICAI announces reforms made. Digital & Machine based evaluation, Stepwise marking, online test of examiners etc. In view of the recent news where CA exams answer books were found in possession of unauthorised books, ICAI, for the knowledge of the stakeholders …
UDIN by CAs can be generated within 30 days of signing of Audit Report as against 15 days – Read ICAI Announcement Now UDIN can be generated with 30 days. Recently ICAI had issued UDIN notification prescribing timeline for all certificates, GST/Tax Audit Reports & Attestation functions. As …
ICAI Revised FAQ on Presentation of Dividend and Dividend Distribution Tax Question: What is the presentation requirement as per Ind AS in India for dividend and dividend distribution tax thereon? Response: Presentation of Dividend The paragraphs 35 and 36 of Ind AS 32, Financial Instruments: Presentation, reproduced hereunder …
