-
ICSI Advisory: Beware of CSMEMBERS.IN | Official Notice
Introduction: The Institute of Company Secretaries of India (ICSI) has issued an official advisory regarding the website CSMEMBERS.IN, clarifying its affiliation status and urging caution among stakeh...
-
ICAI 2024 Vision: Drishti Framework & AI Advancements
On 21st February 2024, the Institute of Chartered Accountants of India (ICAI) heralded a new chapter under the leadership of its newly elected President CA. Ranjeet Kumar Agarwal. At a press conferenc...
-
ICAI Guidance Note on Audit of Banks (2024 Edition)
Introduction: The Auditing and Assurance Standards Board of The Institute of Chartered Accountants of India (ICAI) has released the 2024 edition of the “Guidance Note on Audit of Banks.” This comprehe...
-
ICSI Announces Revised Secretarial Standards: SS-1 & SS-2
Introduction: The Institute of Company Secretaries of India (ICSI) has recently announced significant revisions to Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetin...
-
Empanelment for Concurrent Audit with Union Bank of India
Union Bank of India, headquartered in Mumbai, announces an opportunity for Chartered Accountant Firms to be empaneled as Concurrent Auditors for the fiscal year 2024-25. The bank, in its endeavor to m...
-
ICAI Issues Revised Auditing Standards: SA 800, SA 805, SA 810 (2024)
The Institute of Chartered Accountants of India (ICAI) has recently announced the issuance of revised Standards on Auditing (SAs), including SA 800, SA 805, and SA 810. These revisions aim to enhance...
-
ICAI’s revised SA-810-Engagements to Report on Summary Financial Statements
Auditors must have understanding of standards for reporting on ICAI’s revised summary financial statements. Get informed on new responsibilities and objectives of auditor under SA-810. ICAI’s revised...
-
ICAI’s Revised SA 805: Audits of Single Financial Statements & Specific Elements
ICAI’s revised SA 805-Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement Introduction Scope of this SA 1. The Standards on...
-
ICAI’s Revised SA 800: Audits of Financial Statements under Special Purpose Frameworks
ICAI has revised SA-800-Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks. Introduction Scope of this SA 1. The Standards on Auditing (SAs)...
-
Empanelment of Cost Accountants for Inventory Valuation under Income-tax
The Principal Chief Commissioner of Income Tax, Pune, has issued a notice dated 25.01.2024, inviting applications from qualified Cost Accountants and Firms for empanelment under section 142(2A) of the...
-
ICAI CPE Statement 2023: Guidelines for Continuing Professional Education
The Continuing Professional Education Committee (CPEC) of the Institute of Chartered Accountants of India (ICAI) plays a pivotal role in setting strategic directions for Continuing Professional Educat...
-
Bank Branch Auditors’ Draft Panel of CAs/firms for 2023-24
Professional Development Committee The Institute of Chartered Accountants of India 25th January, 2024 Announcement Draft Bank Branch Auditors’ Panel (MEF) for the year 2023-24 We are pleased to inform...
-
Important Announcement related to completion of one-month EDP by ICSI
Introduction: The Institute of Company Secretaries of India (ICSI) is committed to fostering professional excellence among its students. In alignment with this pursuit, a crucial announcement has been...
-
Ambiguity of Trust provisions under Income Tax Act: CAAS Surat Raises Concerns
Introduction: In a representation addressed to the Chairman, Central Board of Direct Taxes (CBDT), the Chartered Accountants Association, Surat (CAAS), brings attention to the ambiguity surrounding Tr...
-
CAG: Empanelment of Chartered Accountant firms/LLPs for year 2024-2025
The Professional Development Committee of The Institute of Chartered Accountants of India (ICAI) has announced the empanelment of Chartered Accountant firms/LLPs for the year 2024-2025. This opportuni...
-
RBI Guidelines Clarification: Concurrent Audit & SCAs/SAs Appointments
Introduction: The Professional Development Committee at The Institute of Chartered Accountants of India brings an important announcement regarding the clarification of guidelines issued by the Reserve...
-
ICSI (Management & Development of Company Secretaries in Practice) Guidelines, 2023
Introduction: The Institute of Company Secretaries of India (ICSI) continues its commitment to excellence and professional standards with the release of the ICSI (Management and Development of Company...
-
CA Firms Engagement in PSBs: Recent Changes and Trends
Introduction: The Lok Sabha, on December 4, 2023, raised crucial questions regarding the engagement of Chartered Accountancy (CA) firms in Public Sector Banks (PSBs). This article delves into the gove...
-
ICAI issues Guidelines for using the new CA India logo for CA members
The Institute of Chartered Accountants of India (ICAI) has introduced a new logo for its members, embodying rich symbolism and reflecting a commitment to India’s development. Here are the key guidelin...
-
Vice President Emphasizes Crucial Role of Chartered Accountants
In a recent address at the inaugural session of the ‘Global Professional Accountants Convention’ in Gandhinagar, Gujarat, the Vice President of India, Shri Jagdeep Dhankhar, shed light on the indispen...