Tag: icai announcement
ICAI issues revised Criteria for classification of Non-company entities for applicability of Accounting Standards issued by it. The Council of the ICAI at in August 2024, considered the revised criteria for classification of Non-company entities for applicability of Accounting Standards issued by The Institute of Chartered Accountants of …
ICAI extends last date for payment of Membership /COP fee for FY 2024-25 to 31st December, 2024. Announcement for Extension of last date for payment of Membership /COP fee for the year 2024-25 to 31st December, 2024 Members & Students Services DirectorateThe Institute of Chartered Accountants of India30th …
Extension of applicability of Peer Review Mandate for CA Firms covered under Phase II & III. Revised Applicability of ICAI Peer Review Mandate According to FAQ on Peer Review Board issued by ICAI the term “peer” means a person of similar standing. The term “review” means a general …
ICAI issues revised SA 800 (Revised), SA 805 (Revised), SA 810 (Revised) Standards on Auditing prescribe the detailed auditing framework for conducting audits of financial statements of various entities. These Standards contain various audit requirements and related application guidance to explain these requirements. Auditors need to comply with …
Issuance of CPE Statement, 2023: Guidelines on Continuing Professional Education for undergoing CPE Activities by Members of ICAI The Continuing Professional Education Committee (CPEC) a non-standing committee of the Council of the ICAI is entrusted with the task of setting strategic directions and overseeing CPE activities of Programme …
During tenure as SCA/SA, an audit firm may be appointed as concurrent auditor of the same bank. Clarification regarding Guidelines issued by RBI for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs) The RBI has issued a Circular …
ICAI extends last date for payment of Membership/COP fee for 2023-24 to 31.10.2023 Extension of last date for payment of ICAI Membership/COP fee for FY 2023-24 from 30.09.2023 to 31.10.2023 As per latest announcement by ICAI it has been to extend the last date for payment of Membership/ …
ICAI changes the cut-off date to 1st July instead of 1st January of every year for the MEF / Bank Branch Auditors Panel ICAI in its Announcement has informed of change in cut-off date to 1st July instead of 1st January of every year for Bank Branch Auditors …
ICAI Restricts revocation of UDINs within 48 hours As per latest announcement by ICAI, its Council in its 420th meeting held on 23rd-24th March, 2023, has decided that revocation of Unique Document Identification Numbers (UDINs) would now be possible within 48 hours from the time of its generation. …
Extension of last date for updation of Member’s Profile with GSTIN at ICAI Self Service Portal – Till 23rd April, 2023 ICAI vide Announcement dated 1st April, 2023 provided for updation of Member’s Profile at Self Service Portal with GSTIN of CA Firm/LLP, in which such member is …
