Category: ICAI
ICAI bans Ahmedabad based CA for 2 years for misconduct of gross negligence in performing his professional duties which was upheld by the Gujarat High Court The ICAI has notified the removal of the CA found guilty of misconduct from the Register of Members for a period of …
CA alleged as master mind of issuing bogus bills gets relief from Appellate Authority. ICAI had held Mumbai based CA guilty of Other misconduct on the complaint of Income Tax Authorities ABCAUS Case Law Citation: ABCAUS 2225 (2018) (02) CA-AA The appellant Chartered Accountant (CA) had challenged the …
ICAI removes name of Hyderabad CA for three months for issuing wrong turnover certificate for participating in tender. Appellate Authority upheld the punishment ABCAUS Case Law Citation: ABCAUS 2224 (2018) (02) CA-AA The appellant CA had challenged the decision of the Disciplinary Committee of the IVAI in holding …
ICAI bans delhi based CA for 6 months for certifying non-existent share premium amount of the company to the bank based on Board Resolution only The Institute of Chartered Accountants of India (ICAI) has removed the name of a Delhi based chartered accountant (CA) from the Register of …
ICAI removes Varanasi based CA name from register of members being found guilty of misconduct. The High Court held the CA guilty of taking delivery of shares by fake authority letter and disposing them off. The Hon’ble High Court of Allahabad in pursuance of Section 21(6)(c) of the Chartered Accountants …
Implementation Guide to Standard on Auditing (SA) 701-Communicating Key Audit Matters in the Independent Auditor’s Report The Auditing and Assurance Standards Board of The Institute of Chartered Accountants of India (ICAI) has brought out an Implementation Guide to Standard on Auditing (SA) 701-Communicating Key Audit Matters in the …
No doubt hopes of students have shattered-Delhi High Court dismisses writ against CA results expresses concern over circulation of maessages on whatsapp/facebook without any authenticity. ABCAUS Case Law Citation: ABCAUS 2196 (2018) (02) HC Important Case Laws Cited/relied upon by the parties: Sethi Auto Service Station and another …
ICAI Awards for Excellence in Financial Reporting’ for the year 2016-17-AWARDEES FOR THE YEAR 2016-17 ICAI has declared awards for “Excellence in Financial Reporting’ for the year 2016-17”. As per the announcement of the Institute of Chartered Accountants of India, in deciding the eligibility of the participating enterprises …
Revised Standard on Auditing SA-720. The Auditor’s Responsibilities Relating to Other Information ICAI has issued revised Standard on Auditing SA-720. The Standard on Auditing (SA) deals with the auditor’s responsibilities relating to other information, whether financial or non-financial information (other than financial statements and the auditor’s report thereon), included …
ICAI to identify non-performing employees ICAI has constituted a Group to study how Government Departments deal with non-performing employees and to identify non-performers in ICAI. The Group shall study the procedure followed by the Government Authorities for dealing with non-performing employees and to identify employees who are not …
