Category: ICAI
ICAI FAQ on Companies Act 2013. The publication have 177 question and answers and include amendments proposed in the Companies (Amendment) Bill 2016 FAQ on Companies Act 2013 The Corporate Laws & Corporate Governance Committee (CL & CGC) of the Institute, to facilitate the understanding and interpretation of …
ICAI FAQ on treatment of Securities Premium Account under Ind AS on the date of transition Question: 1 Company ABC Ltd. had issued non-convertible debentures redeemable at premium, which were outstanding as on March 31, 2015. The Company has measured this financial liability at amortised cost in accordance with …
ICAI Guide-FAQ on Audit Report on SBN Disclosures in Financial Statements Implementation Guide on Auditor’s Report under Rule 11(d) of Companies (Audit and Auditors) Amendment Rules, 2017 and Amendment to Schedule III to Companies Act, 2013 (Pursuant to Notification No. G. S.R. 307(E) and Notification No. G.S.R. 308(E) …
Revised Date for applicability of Standards on Auditing. SA 700, SA 701, SA 705, SA 706 applicable for periods beginning on or after 01/04/2018 ICAI IMPORTANT ANNOUNCEMENT Important Announcement on revised Effective Date/ Applicability of following Standards on Auditing – SA 700 (Revised), “Forming an Opinion and Reporting …
ICAI Expert Panel for Addressing Bank Branch Audit Queries for FY 2016-17 by Online email support to members from April 1st, 2017 till April 15th, 2017 ICAI Announcement AUDITING AND ASSURANCE STANDARDS BOARD CONSTITUTES EXPERT PANEL FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES FOR THE FINANCIAL YEAR 2016-17 …
Income tax issues reported by ICAI considered positively by Income Tax Department ICAI Announcement Income tax Department considers issues reported by ICAI positively 1. Reactivation of the link ‘Know your PAN/TAN/A.O.’ at the website of Income-tax department Some recent changes were reported by the members at the E filing …
ICAI-Constitution of Group as per MCA communication to develop Action Plan to provide services in Accounts and Finance Sector to access overseas markets ICAI Announcement Constitution of Group for formulating the Detailed Action Plan – Ministry of Corporate Affairs No.M-626/2017 20th March, 2017 ALL MEMBERS OF THE COUNCIL …
Empanelment to act as observers at ICAI exam May-June 2017. Eligibility criteria, Honorarium and Duties. Last date to respond 31st March 2017 13-CA (Exams)/Observer Empanel /May -June 2017 …
ICAI-Penalty u/s 271J on chartered accountants be withdrawn. ICAI advocates withdrawal of penalty in its Post-Budget Memorandum submitted to the Government ICAI in its Post-Budget Memorandum-2017 has advocated that the proposed Section 271J- Penalty imposable on chartered accountant for furnishing incorrect information in reports or certificates may be removed. The …
Guidance Note on Audit of Banks 2017 edition issued by the Auditing and Assurance Standards Board of ICAI. Updated CD with printed book only Guidance Note on Audit of Banks 2017 edition issued by the Auditing and Assurance Standards Board he Auditing and Assurance Standards Board of the …