Tag: guidance note
ICAI Guidance Note on Audit of Banks 2021 Edition ICAI has issued 2021 edition of the Guidance Note on Audit of Banks. The revised 2021 edition incorporates the impact of the various circulars of the Reserve Bank of India as well as certain important advisories, pronouncements of the …
ICAI Educational Material on IndAS 105 Non-current Assets Held for Sale & Discontinued Operations ICAI releases Educational Material on IndAS 105, Non-current Assets Held for Sale and Discontinued Operations Ind AS 105 prescribes the accounting treatment for non-current assets held for sale and, and the presentation and disclosure …
ICAI Guidance Note on Accounting by E-commerce Entities. In view of increased number of online transactions for buying and selling of products / services, ICAI has revised its ‘Guidance Note on Dot-Com companies’ as the ‘Guidance Note on Accounting by E-commerce Entities’. This revised Guidance note deals with …
ICAI Guidance Note on Accrual basis of accounting 2021. The importance of Accrual basis of accounting assumes importance as one of the fundamental accounting assumption for preparing and presenting the financial statement is ‘Accrual’. The Institute of Chartered Accountants of India (ICAI) through its Research Committee has issued …
ICAI Hand book on Audit of CSR Activities Under the provisions of section 135 of the Companies Act 2013 its is mandatory for Companies to take up Corporate Social Responsibility (CSR) projects on various social welfare activities provided and/or notified by MCA. ICAI Hand book on Audit of …
ICSI issues Guidance Notes on its Auditing Standards CSAS-1, CSAS-2, CSAS-3 and CSAS-4 ICSI has issued Guidance Notes on its Accounting Standards to equip the Company Secretaries while conducting audits and and to bring uniformity in the professional work. ICSI Guidance Notes on Auditing Standards Earlier the ICSI …
ICAI Multiple Choice Questions (MCQs) on Guidance Note on CARO 2020 The Ministry of Corporate Affairs issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020 which was initially applicable for the financial years commencing on or after the 1st April, 2019. However, due to …
ICAI issues an addendum and revises its Guidance Note on Audit of Banks 2020 Edition ICAI issues Addendum to Guidance Note on Audit of Banks, 2020 Edition ICAI, in view of the RBI circular no. RBI/2019-20/186DOR.No.BP.BC.47/21.04.048/2019-20 dated March 27, 2020 and RBI Circular dated 17th April, 2020 …
ICSI issues Guidance Note on SEBI (Prohibition of Insider Trading) Regulations To curb the malpractice of Insider Trading more effectively, the SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) were introduced with effect from 15th May, 2015, by repealing the erstwhile SEBI (Prohibition of Insider Trading) Regulations …
ICSI issues Exposure Drafts of Guidance Note on Auditing Standards explaining CSAS-1 & CSAS-3 ICSI Exposure Drafts of Guidance Note on Auditing Standards The Institute of Company Secretaries of India (ICSI), recognising the need to provide support to its members in developing auditing acumen, techniques and tools and …
