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Registration as an Insolvency Professional with ICAI (IIIPI)
Announcement regarding registration as an Insolvency Professional with the Indian Institute of Insolvency Professionals of ICAI – (29-11-2016)The Indian Institute of Insolvency professionals of ICAI (...
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Exposure Draft of Secretarial Standard-3 (SS-3) on Dividend
The following is the text of the Secretarial Standard-3 (SS-3) on “Dividend”, issued by the Council of the Institute of Company Secretaries of IndiaAdherence to this Secretarial Standard is recommenda...
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Indian Institute of Insolvency Professionals of ICAI
Profile of the Institute of Chartered Accountants of IndiaThe Institute of Chartered Accountants of India (ICAI) is a Statutory body established under the Chartered Accountants Act, 1949 for regulatio...
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Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 6
‘Ind AS Transition Facilitation Group’ (ITFG) of Ind AS (IFRS) Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability...
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Company Secretary can explore in area of Other Law applicable to Corporate
Corporate and MNC always look for profile where individual as “Company Secretary” should possess depth knowledge of Companies Act, FEMA, Sebi, Listing compliance, etc. Even Section 203 of the Companie...
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No leakage of Direct Tax Laws paper of CA Final examination
No leakage of question paper relating to Paper 7, Direct Tax Laws of CA Final examination held on 13th November 2016.Our attention has been drawn to some unfounded reports in social media on alleged l...
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ICAI to take action against erring members in AajTak sting operation
ICAI Press Release-Clarification on Sting Operation carried out by “Aaj Tak” News Channel (E) – (15-11-2016)The Institute of Chartered Accountants of India (ICAI) welcomes the historic decision of Gov...
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Open letter to AAJ Tak seeking apology for derogatory addressal of CA Community
Dear Aaj Tak Team,You did a great job by conducting a successful sting operation of some CA’s converting the black money to white. But the painful thing was the word CA used so many times in a way as...
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ICAI supports replacement of existing Rs 500 & 1000 notes
Dear Professional Colleagues,Taking nation by surprise, our Hon’ble Prime Minister Shri Narendra Modi Ji declared demonetisation of the existing Rs. 500 and Rs. 1000 notes to take them out of circulat...
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Quality Internal Audit Reports
Internal audit reports are, generally, the major tangible output seen from the work of internal audit. The most important phase of the internal audit process and the primary means of communication, by...
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ICAI request members to Update PAN Details
Only required for Practicing Members This refers to the earlier announcements of ICAI regarding the updation of PAN details by the members in the Institute’s records to avoid blocking of e-filing acco...
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ICSI Advisory to Company Secretaries regarding LLP formation
Kind Attn. — Company Secretaries Company Secretaries are to note that if the word `CS’ or ‘Company Secretary’ or ‘Company Secretaries’ is used by a LLP as suffix, then a prior No Objection Certificate...
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Exposure Draft- Amendments to Ind AS 7, Statement of Cash Flows
(Last date for the comments: 2nd December, 2016) Issued by- Accounting Standards Board, The Institute of Chartered Accountants of India Exposure Draft Amendments to Ind AS 7, Statement of Cash Flows F...
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ICAI President’s Message – November 2016
Dear professional colleagues, Recently, Prime Minister Shri Narendra Modi said: “For me, more than what the world thinks of the government, what the image of the country is, is important. Substance ov...
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ICAI group to look into changes need in CAs Act, 1949
Group to look into the intricacies involved in areas wherein changes need to be made and amendments to the Chartered Accountants Act, 1949 pertinent to Disciplinary Mechanism and the Rules framed ther...
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Empanelment of CA in practice with MCA as Mediator or Conciliator
Regarding Empanelment of professionals for at least fifteen years of continuous practice as a Chartered Accountant with MCA as Mediator or Conciliator. – (24-10-2016)As you may be aware that Section 4...
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Wrong marketing of ICAI course by private colleges/institutes
Public Notice in the matter of wrong marketing of ICAI course by private colleges/educational institutes. – (18-10-2016)PUBLIC NOTICEAll concerned stakeholders and general public are advised not to be...
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ICSI advisory on suspension of WIRC Chairman & Secretary
The Council in its 238th (adjourned) meeting held on Saturday, the 17thSeptember, 2016 noted various serious and grave financial and other irregularities and non-compliances committed at WIRC includin...
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Guidance note on Audit of Consolidated Financial Statements
(Revised 2016) issued by the Auditing and Assurance Standards Board – (17-10-2016)1. The Council of the Institute of Chartered Accountants of India had issued Accounting Standard (AS) 21 ‘Consolidated...
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SBI Invites RFP for Special Audit of its Associate Banks
Request For Proposal (RFP) For Engagement Of Auditor For Special Audit Of 5 Associate Banks Namely i) State Bank of Hyderabad (SBH) ii) State Bank of Patiala (SBP) iii) State Bank of Travancore (SBT)...