Category: ICAI
Audit of Consolidated Financial Statements-Using Work of Another Auditor Parent auditor to consider observation of component auditor as per SA 600-ICAI ICAI Announcement Important Clarification on Amendment to Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements I. The Council of ICAI at its 365th …
Change in CA Firm Constitution on Account of Partner Leaving and Allied Issues. ICAI forms groups to review the decisions Formation of a Group for Reviewing the Decision Regarding Noting of Change in Constitution on Account of Leaving of Partner of Firm and Allied Issues No.M-626/17/2017 22nd May, …
Advertisement of coaching-teaching activities by CA in practice amounts to indirect solicitation amounting to misconduct liable for disciplinary action-ICAI ICAI ANNOUNCEMENT Re: Advertising by members in practice engaged in Coaching/Teaching activities Regulation 190A of the Chartered Accountants Regulations, 1988 provides that a chartered accountant in practice shall not …
ICAI Constitutes Group related to issues of Bank Audit including reduction in SCAs Cooling Period, distribution of Bank Branch Audit ICAI Announcement Constitution of Group related to all issues of Bank Audit including reduction in SCAs Cooling Period, distribution of Bank Branch Audit No.M-626/2017 …
ICAI Information System Audit-Assessment Test ISA-AT New Syllabus June 2017 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA 12th May, 2017 IMPORTANT ANNOUNCEMENT Subject: Information System Audit – Assessment Test (ISA – AT) New Syllabus, June 2017 Members are hereby informed that the next Information Systems Audit (ISA) Course …
CA held guilty of misconduct for forging income tax challan and recovering higher amount from clients. Allahabad High Court enhanced the removal of name to 5 years against 2 years as proposed by ICAI In a recent judgment, Hon’ble Allahabad High Court has directed removal of CA …
ICAI Disciplinary Mechanism-Review of intricacies involved. This announcement came soon after the Govt. set up a panel to review existing mechanism to deal with misconduct by CA CS, CMA etc. Group to look into the intricacies involvced in areas pertaining to the Disciplinary Mechanism – ICAI No.M-626/16-2/2017 27th …
FAQ on Revised Schedule VI to the Companies Act 1956 withdrawn by ICAI In view of issuance of Schedule III to the Companies Act, 2013 CL&CGC/ 20/ 2017-2018 25th April, 2017 Announcement Sub: Regarding withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, …
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 …
