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ICAI to not to accept cheques / DDs and Physical forms
ANNOUNCEMENTFor Kind Attention of Members, Firms & StudentsThe Institute of Chartered Accountants of India has been continuously evolving ways to automate and re-engineer processes in order to make tr...
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UDIN Compulsary for all certificates Signed after 1st February 2019
Institute of Chartered Accountants of India made UDIN mandatory with effect from 1st February 2019 to curb the very malpractice of fake certificate issuance by ICAI non members. As per Institute’s web...
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Accounting Standard 34, Interim Financial Reporting- Exposure Draft
Exposure Draft Accounting Standard (AS) 34 Interim Financial ReportingLast date for the comments: May 12, 2019 Issued byAccounting Standards BoardThe Institute of Chartered Accountants of India Exposu...
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ICAI members to pay Membership/ COP Fees by 30.09.2019
Kind Attention of the MembersPayment of Membership Fee and Certificate of practice Fee for the year 2019-20ICAI requests all its Members to remit annual Membership/Certificate of Practice fees, which...
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Exposure Draft Revised Guidance Note on Division I – Non Ind AS Schedule III to Companies Act, 2013
ED/GN-Div-I/2019-2020/23EXPOSURE DRAFTOFREVISED GUIDANCE NOTEONDIVISION I – NON IND ASSCHEDULE IIITO THE COMPANIES ACT, 2013(Last date for Comments: April 20, 2019)Issued by Corporate Laws & Corporate...
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Registration for Practical Training Assessment Test on 21.04.2019: ICAI
The next practical training assessment test is being scheduled on April 21, 2019. The students who have completed their 1st/ 2nd year of practical training during April, 2018 – March, 2019 are eligibl...
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ICSI – Payment of Annual Membership & COP Fee
PAYMENT OF ANNUAL MEMBERSHIP AND CERTIFICATE OF PRACTICE FEE THE INSTITUTE OFCompany secretary of India1st April, 2019Dear Member,The annual membership fee and certificate of practice fee for the year...
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Exposure Draft Accounting Standard (AS) 17, Leases
Exposure DraftAccounting Standard (AS) 17 LeasesLast date for the comments: May 4, 2019Issued byAccounting Standards BoardThe Institute of Chartered Accountants of IndiaThe Indian Accounting Standards...
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A New Era of Accounting for Lease contracts by Lessees
Institute of Chartered Accountants of India ICAI Press Release Ind AS 116, Leases – A New Era of Accounting for Lease contracts by Lessees In the larger interest of the Indian economy and industries,...
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ICAI panel to answer queries related to Bank Branch Audit
AUDITING AND ASSURANCE STANDARDS BOARD CONSTITUTES EXPERT PANEL FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES FOR THE FINANCIAL YEAR 2018-19 Dear Members,The bank audit season is around the corner....
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ICAI President’s Message – April 2019
My dear Professional Colleagues,As the poll season reaches its climax, the stage is all set for festival of democracy in India. In the 17th Lok Sabha elections, the biggest democratic elections in the...
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Ind AS 116 applicable from 1 April 2019
MCA has hosted on its website following notice for all stakeholders-The stakeholders may note that Ind AS 116, Leases shall be applicable with effect from 01st April, 2019 and necessary notification f...
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ICAI extends last date to empanel as observers for May / June 2019 exam
Institute of Chartered Accountants of India28th March, 2019IMPORTANT ANNOUNCEMENTSub: Extension of Last date for empanelment of members to act as observers for May / June 2019 examinations.In continua...
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UDIN Mandatory for GST & Tax Audit Reports from 01.04.2019
The Institute of Chartered Accountants of IndiaUDIN BEING MADE MANDATORY IN 2nd PHASE FOR GST & TAX AUDIT REPORTSYou may be aware that Unique Document Identification Number (UDIN) has been made mandat...
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ICAI announces revised exam schedule of CA Exams
The Institute of Chartered Accountants of India[Set up by an Act of Parliament]Post Box No. 7112, ‘ICAI BHAWAN’, Indraprastha MargNew Delhi – 11000211th March, 2019IMPORTANT ANNOUNCEMENTPOSTPONEMENT O...
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RFP to Appoint Consultants to provide Accounting Support Services to IBBI
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI)Request for Proposal (RFP) for Appointment ofConsultants for providing AccountingSupport and Related Services to IBBITABLE OF CONTENTSS. No.Description o...
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Exposure Draft of Definition of Material Amendments to Ind AS 1 and Ind AS 8
Exposure DraftDefinition of Material(Amendments to Ind AS 1 and Ind AS 8)Following is the Exposure Draft of the Amendments to Ind AS 1, Presentation of Indian Accounting Standards, and Ind AS 8, Accou...
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Definition of a Business Amendments to Ind AS 103
ED/ Ind AS103/2018/09Exposure DraftDefinition of a BusinessAmendments to Ind AS 103(Last date for Comments: April 6, 2019)Issued byAccounting Standards BoardThe Institute of Chartered Accountants of I...
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Exposure Draft Revised Guidance Note on Accounting of Political Parties
(Last date of Comments: April 6, 2019)Issued ByAccounting Standards BoardThe Institute of Chartered Accountants of India(Set up by an Act of Parliament)New DelhiIndexS.No.Contents1.Introduction and Ba...
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ICAI ARF to reopen books & recast financials of IL&FS, IFIN & ITNL
ICAI Press ReleaseICAI ARF assigned the task of reopening of the books and recasting of the financial statements of IL&FS, IFIN and ITNL from Financial Year 2012-13 to Financial Year 2017-18Infrastruc...