Category: ICAI

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance. Auditing and Assurance Standards Board of ICAI has released the revised Guidance Note on Audit Reports and Certificates for Special Purposes. Chartered Accountants are often required to issue specific reports/certificates required under various laws …

Disciplinary proceedings against managing committee of ICAI Chandigarh Branch stayed by Punjab and Haryana High Court

Disciplinary proceedings against managing committee of ICAI Chandigarh Branch stayed by P&H High Court in a case of democratic selection of branch chairman. This indeed puts a question mark on the endeavour of ICAI in upholding the democratic principles enshrined in the Chartered Accountants Act, 1949 and rules governing it. …

Capitaline TP discounted corporate database for Chartered Accountants and CA firms. ICAI arrangement with C-MOTS Internet Technologies Pvt Limited.

Capitaline TP discounted corporate database for Chartered Accountants and CA firms. ICAI arrangement with C-MOTS Internet Technologies Pvt Limited. ICAI Announcement As an ongoing attempt to facilitate the members practising in the field of International Taxation, the Committee on International Taxation of ICAI has entered into an arrangement …

Audit without written noc from previous auditor-reprimand converted in to caution by High Court as CA was fresher in practice and omission was procedural

Audit without written NOC from previous auditor-reprimand converted in to caution by High Court as the chartered accountant (CA) was only fresher into practice, the omission was procedural and trivial and no moral turpitude involved. ABCAUS Case Law Citation: 997 2016 (08) HC Date/Month of Judgment: August, 2016 Brief Facts …

CA not guilty of misconduct when acting in individual capacity and the dealings were purely commercial not discharging any function as Chartered Accountant

CA not guilty of misconduct when acting in individual capacity and the dealings were purely commercial not discharging any function as Chartered Accountant – High Court ABCAUS Case Law Citation: ABCAUS 994 2016 (08) HC Brief Facts of the Case: The complainant ahd purchased 100 shares of Aban Lyod …
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