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Requirement to Complete (ICITSS) Orientation Course (15 Days) in Lieu of GMCS-I
for Select Category Of StudentsThe students registered for Practical Training (Articleship) on or after 1st May, 2012 uptill 31st December, 2014 but not completed the GMCS-I course, shall be required...
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Advanced Integrated Course on Information Technology and Soft Skills
Student who have registered in the old scheme and undergone either of the courses, i.e. GMCS or Advanced IT has to undergo only the remaining course i.e. Advance ICITSS (Adv. IT) or Advanced ICITSS (M...
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ICAI allows students to shift from one Elective Paper to another
Sub: Allowing students to shift from one Elective Paper to another Elective PaperUnder the Revised Scheme of Education and Training, Electives have been introduced at the Final level in the following...
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Re-validation of Registration for CA course under Revised Scheme
Sub: Re-validation of Registration for different levels of CA course under Revised SchemeThe following re-validation scheme will be applicable with effect from 1st July, 2017:-A. Re-validation under R...
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Transition Scheme for students of CPC, IPC & CA Final (old) Course
ANNOUNCEMENT4th July, 2017Sub.: Transition Scheme for students of Common Proficiency Course, Intermediate (IPC) Course and Final (old) Course along with the Conversion Fees for Switching Over to Revis...
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Property, Plant and Equipment – Proceeds before Intended Use (Proposed amendments to IAS 16) – (03-07-2017)
IntroductionIn this Exposure Draft, the International Accounting Standards Board (Board) proposes to amend IAS 16 Property, Plant and Equipment. The amendments would prohibit deducting from the cost o...
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ICAI President’s Message-July 2017-(30-06-2017)
My esteemed professional colleagues,I wish you a very happy CA Day. On 1st July 2017, our Institute will complete 68 years of its glorious journey of excellence. Analysing the importance of accountanc...
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Process for Grievance Redressal Committee for rejected Coop Empanelment applications
GST Online Certification Course- Register before 1st July to Save CostDear MembersKindly follow the following process if your Coop Empanelment Application is rejected either at DDR or at Commissioner...
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Standard on Auditing (SA) 299 (Revised) Joint Audits
GST Online Certification Course- Register before 1st July to Save CostExposure DraftStandard on Auditing (SA) 299 (Revised) Joint Audits(Last date for comments: August 11, 2017)Issued byAuditing and A...
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Disclosure Initiative- Principles of Disclosure; Post-implementation Review- IFRS 13 Fair Value Measurement
Dear Sir/Madam,As you are kindly aware, the existing Accounting Standards (AS) and the Indian Accounting Standards (Ind AS) are based on the IFRS issued by the International Accounting Standards Board...
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Post-implementation Review – IFRS 13 Fair Value Measurement
(14-06-2017)The IASB has issued a request for stakeholders to tell the Board about their experience with the accounting standard that explains how to measure the ‘fair value’ of assets and liabilities...
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Disclosure Initiative – Principles of Disclosure
(14-06-2017)The IASB has published Discussion Paper that suggests principles to make disclosures in financial statements more effective. This Discussion Paper, published by the International Accountin...
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Draft Model Governance Code for Meetings of Gram Panchayats
The Chief of BureauDate: June 14, 2017Press ReleaseICSI to Launch Model Governance Code for Meetings of Gram PanchayatsThe Institute of Company Secretaries of India (ICSI), a premier institute in Indi...
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ICSI invites suggestions on International Corporate Governance Code
Dear Professional Colleagues,It is a proud moment for the Institute which has conceptualized the International Corporate Governance Code for the first time in the world when no one has ever thought of...
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ICAI permit CAs to act as Insolvency Professional under IBC, 2016
AnnouncementPermitting members to act as Insolvency Professional under the Insolvency and Bankruptcy Code, 2016 and related matters Pursuant to Section 2 (2) (iv) of the Chartered Accountants Act, 194...
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ICAI aware of 5 cases against CAs involved in money laundering during Demonetisation
ICAI Press Release – Action taken by Board of Discipline of ICAI. – (02-06-2017)The Institute of Chartered Accountants of India (ICAI) was seized of five cases against Chartered Accountants who have b...
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ICAI FAQs on Revised Scheme of Education & Training
Q1: Under the Revised Scheme what is the nomenclature for all the three levels?Ans: The three levels will now be called as Foundation, Intermediate and Final in place of earlier levels i.e. Common Pro...
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ICAI: Summary of Revised Scheme of Education and Training
Steps under Route I – Foundation Course RouteRegister with Board of Studies (BoS) after appearing in Class XII examination so as to complete four months study period (i.e. register till 30th June/ 31s...
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Revised Scheme of Education and Training for CA Course, FAQs and Implementation Schedule
Revised Scheme of Education and Training for CA CourseRevised Scheme of Education and Training for CA Course, FAQs and Implementation ScheduleThe Institute of Chartered Accountants of India (ICAI) has...
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ICAI set ups GST Sahayata Desks
Goods and Services Tax (GST) is all set to be rolled out from July 1, 2017 as India’s biggest federal taxation reform. GST is an integrated tax which works on the concept of “One Nation One Tax”. The...