CA, CS, CMA

Institute of Chartered Accountants of IndiaRetrospective Restoration of Membership / COP 2019-2020 – (14-05-2020)AnnouncementThe sudden developments in regard to corona virus pandemic in the country h...

Institute of Chartered Accountants of IndiaAdvisory for Members, Students of the Institute of Chartered Accountants of India (ICAI) and Public at Large in respect of Fake Social Media Pages – (14-05-2...

Physical Inventory VerificationKey Audit Considerations amid COVID-19Auditing and Assurance Standards Board (AASB)The Institute of Chartered Accountants of IndiaA. BACKGROUNDPhysical verification of i...

Institute of Chartered Accountants of IndiaAnnouncementSub. : Clarification on Fees from a single clientAs the members are aware, the revised Code of Ethics will come into effect w.e.f 1st July, 2020....

GOING CONCERNKey Considerations for Auditors amid COVID-19The Institute of Chartered Accountants of IndiaAUDITING AND ASSURANCE STANDARDS BOARD (AASB)This guidance has been prepared to highlight key a...

CA Radheshyam Sharma partner at RSRV and Associates has written a letter to ICAI and submitted Suggestions and Measures required for Survival and Growth of Small and Medium Practicing Chartered Accoun...

We are reproducing below letter written by CA Unmesh Narvekar to Hon’ble President, ICAI , New Delhi by which he brought to the notice of Hon’ble President Covid-19 situation in India and the difficul...

Institute of Chartered Accountants of India Press ReleaseICAI – 100 CRORES CORPUS EARMARKED FOR SCHOLARSHIP TO CA STUDENTSThe Institute of Chartered Accountants of India (ICAI) is a statutory body set...

Exposure DraftGuidance Note on Accounting for Share-based Payments(Last date of comments: June 4, 2020)Research Committee of the Institute of Chartered Accountants of India invites comments on any asp...

Specific Considerations while conducting Distance Audit / Remote Audit / Online Audit of Bank Branch under current Covid-19 situationDear Professional Colleagues,We hope this communique will find you...

Addendum to the Guidance Note on Audit of Banks, 2020 Edition with reference to RBI circular no.: RBI/2019-20/186 DOR.No.BP.BC.47/21.04.048/2019-20 dated March 27, 2020 on COVID 19 – Regulatory Packag...

Digital AccountingCOVED-19 gives us a lesson to work from anywhere and not necessarily from fixed office place. Rendering accounting service from anywhere needs transformation of physical accounting s...

Auditing and Assurance Standards Board – Online Panel of Experts for Addressing Bank Branch Audit Related Queries for Financial Year 2019-20 – (02-05-2020)AUDITING AND ASSURANCE STANDARDS BOARD CONSTI...

Financial reporting in India has undergone a significant transformation owing to the adoption of Indian Accounting Standards (Ind AS) and fair value is the guiding principle in financial reporting acr...

Exposure DraftGuidance Note on Applicability of AS 25 and Measurement of Income Tax Expense for Interim Financial Results(Last date of comments: May 31, 2020)Exposure DraftGuidance Note on Applicabili...

Exposure DraftGuidance Note on Accounting by E-commerce and Cloud Computing Companies(Last date of comments: May 31, 2020)Research CommitteeThe Institute of Chartered Accountants of India(Set up by an...

Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment issued by the IASB for commentsThe implementation of high quality Indian Accounting Standards (Ind ASs) by Indian Companies...

Institute of Chartered Accountants of IndiaAdvisory on Mentioning Fees in Advertisements issued by Members – (28-04-2020)AdvisoryCertain concerns have been raised by members as to whether it is permis...

Exposure Draft on Interest Rate Benchmark Reform-Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) – (21-04-2020)The Institute of Chartered Accountants of IndiaIn 2018, Inter...

Advisory issued by ICAI to approximately 35,000 firms eligible for Bank Branch Audit for initiating the process of Statutory Bank Branch audit remotely to ensure timely and effective Bank Branch Audit...