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CAG may soon appoint 10811 Accountants and Auditors
CAG has issued two draft notifications by which it has proposed to appoint 10,811 new auditors. It has invited comments on the proposed Recruitment Rules to the post of Auditor/ Accountant, Level 5 in...
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All India Protest demanding better Tax Administration & Policies
All India Protest Call by nearly 200 associations including Chamber of Commerce, Industrial Associations, Trade Associations, Professional Bodies on 29th January 2021 to demand Better Tax Administrati...
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Dissent over Actions & Approach of FMO, MCA and Others
Chartered Accountants Association, Surat Ref: CAAS/Representations/2020-21/04 Date: 26-01-2021 To, The Prime Minister, 152, South Block, Raisina Hills, New Delhi – 110011 Sub: Dissent over Actions and...
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Educational Material on Ind AS 23, Borrowing Costs
Accounting Standards Board The Institute of Chartered Accountants of India 27th January, 2021 ANNOUNCEMENT Release of Educational Material on Ind AS 23, Borrowing Costs Ind AS 23 prescribes the accoun...
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SAE 3410 Assurance Engagements on Greenhouse Gas Statements
Standard On Assurance Engagements (SAE) 3410 Assurance Engagements On Greenhouse Gas Statements Standard on Assurance Engagements (SAE) 3410, Assurance Engagements on Greenhouse Gas Statements, should...
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Launch of Digi-Locker facilities for ICAI Members & students
Dear Professional Colleagues, The ICAI constantly endeavors to use technology to provide an ease of service delivery experience to our stakeholders. In yet another path-breaking initiative for promoti...
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ICSI elects its New President and Vice President for year 2021
PRESS RELEASE Chief of Bureau 19thJanuary, 2021 The ICSI elects its New President and Vice President for the year 2021 CS Nagendra D Rao, elected as President and CS Devendra V Deshpande, elected as V...
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Extend timelines for filings by LLPs: ICSI
On account of practical difficulties faced by LLPs during the pandemic ICSI requested MCA to consider providing extension of the timelines for filing of e-form 8 and e-form 11 pertaining to financial...
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Exposure Draft of Standard on Quality Control (ED SQC)
The Institute of Cost Accountants of India(Statutory body under an Act of Parliament)Request for CommentsExposure Draft of Standard on Quality Control (ED SQC)The Cost Auditing and Assurance Standards...
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ICAI mulls to use AI to identify Non-compliances in Financial Statements
Public Relations CommitteeThe Institute of Chartered Accountants of India15th January, 2021ICAI Press ReleaseICAI mulls to use AI to identify the Non-compliances in Financial StatementsThe Institute o...
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Discussion Paper on Business Combinations under Common Control
Institute of Chartered Accountants of IndiaInternational Accounting Standards Board (IASB) of IFRS Foundation has issued Discussion Paper on Business Combinations under Common Control for public comme...
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Request for Information Post-implementation Review: IFRS 10 to 12
Institute of Chartered Accountants of IndiaRequest for Information Post-implementation Review: IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosure of Interests in...
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ICAI Launches 100 Facilitation Centre for MSME/GST
Public Relations CommitteeThe Institute of Chartered Accountants of India7th January, 2021ICAI Press ReleaseICAI Launched MSME Mentorship Programme & 100 Facilitation Centre for MSME/GSTShri Om Birla,...
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Accounting Process Outsourcing – An Insight on Major Economies
Dear Professional Colleagues,Greetings from Committee for Development of International Trade, Services & WTO!We are happy to inform you that while continuously working towards new initiatives for prom...
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Auditor cannot share client info with Credit Rating Agencies unless permitted: ICAI
Ethical Standards BoardThe Institute of Chartered Accountants of India5th January, 2021ANNOUNCEMENTClarification on Statutory Auditor of a Company giving feedback to Credit Rating Agencies about Audit...
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ICAI extends last date for complying with mandatory CPE hours
Extension of last date for complying with the mandatory CPE hours requirement for the Calendar Year 2020 either in physical/offline mode or in virtual mode through VCM/DLH – from 31st December, 2020 t...
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ICAI President’s Message January 2021
Institute of Chartered Accountants of IndiaDear Professional Colleagues,At the outset, hearty wishes for a very Happy, Prosperous and Joyful New Year to all of you and family Members!The year 2020 gon...
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Recognition of CMA Courses of Institute of Cost Accountants of India by UK NARIC
The Institute of Cost Accountants of India(Statutory body under an Act of Parliament)December 29, 2020PRESS NOTERecognition of CMA Courses of the Institute of Cost Accountants of India by UK NARICCMA...
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Engagement of Consultant For Assistance In IFCFS with Bank of India
Bank of IndiaREQUEST FOR PROPOSAL (RFP)FORENGAGEMENT OF CONSULTANT FORASSISTANCE IN IMPLEMENTATION AND REVIEW OFINTERNAL FINANCIAL CONTROLS WITH REFERENCE TO FINANCIAL STATEMENTSTENDER REFERENCE NO.:...
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One-time Condonation Scheme to regularize UDINs
UDIN DirectorateThe Institute of Chartered Accountants of India28th December, 2020One-time Condonation Scheme to regularize UDINsTo reinvigorate the Profession of Accountancy in this fast changing dig...