CA, CS, CMA

Exposure DraftRecognition of Deferred Tax Assets for Unrealised LossesAmendments to Ind AS 12, Income Taxes(Last date for the comments: 20th February, 2017)Issued byAccounting Standards BoardThe Insti...

Applicability of Standards/Guidance Notes/Legislative Amendments etc.for May, 2017 – Intermediate (IPC) ExaminationPaper 1: AccountingAccounting StandardsAS 1 : Disclosure of Accounting PoliciesAS 2 :...

Applicability of Standards/Guidance Notes/Legislative Amendments etc.for May, 2017 – Final ExaminationPaper 1: Financial ReportingI. Framework for the Preparation and Presentation of Financial Stateme...

Dear Member ,As you are aware, the existing ICAI Code of Ethics is based on provisions of Chartered Accountants Act, 1949, Chartered Accountants Regulations, 1988, Council Guidelines issued from time...

Exposure DraftStandard on Auditing (SA) 720 (Revised)The Auditor’s Responsibilities Relating to OtherInformation(Last date for comments: February 20, 2017)Issued byAuditing and Assurance Standards Boa...

Decisions of ICAI Ethical Standards Board Recent Decisions of Ethical Standards Board1. A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial...

My dear professional colleagues,Circa 2016 – A year that will be remembered in the history of India as a path breaking, decisive, dramatic period that sought to reinitialise the country towards a digi...

Dear Colleagues,Please find placed below Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2016-17. To view your category and remarks thereof, if any, please click on the r...

Exposure draft of Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’ – (26-12-2016)The Committ...

Last date for compliance of CPE Hours requirement for the year 2016 has been extended from 31st Dec 2016 to 31st Jan 2017.ICAI has stipulated different type of requirements of CPE hours for different...

Press Information Bureau Government of IndiaCabinet14-December-2016 19:46 ISTCabinet approves the Renewal of MoU between the Institute of Chartered Accountants of India (ICAI) and College of Banking a...

ForewordThe Indian economy has performed robustly over the last few years. This speedy economic growth has led to a major increase in demand for crude oil and natural gas, to the extent that India is...

Extension of Last Date for Submission of Application Form for Financial Assistance from Chartered Accountants’ Students Benevolent Fund (CASBF) – (13-12-2016)The Board of Trustees has decided to provi...

ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the Know Your Client (KYC) nor...

ICAI has revised it advisory and removed the part which advises members to not to share /write any negative personal views by way of an article or interview on any platform regarding demonetisation. A...

Clarification – Fake Audio Clip in circulation under the name of President, ICAI. – (09-12-2016)It has been brought to our attention that a fake audio containing views on economic matters, inter alia,...

#Demonetisation: ICAI advises members to not to do any nefarious act December 9, 2016ANNOUNCEMENTFor attention of MembersDemonetisation Policy announced by Government of India- An Advisory for Members...

Your feedback / concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us. CBEC has now released revised draft Model...

My dear professional colleagues,Indian accountancy profession has been acting responsibly offering its complete support to the Government of India in its initiatives, particularly those relating to ec...

The following is the text of Secretarial Standard on “Report of the Board of Directors”, issued by the Council of the Institute of Company Secretaries of India.Adherence by a company to this Secretari...