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Responding to Tenders by Chartered Accountants
FAQs on Responding to Tenders by Chartered Accountants Frequently Asked Questions (FAQs) on Responding to Tenders A notification published in Part III Section 4 of the Gazette of India: Extraordinary...
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Changes in SA 610 with Effective from 1.4.2016
SCOPE 1.This SA deals with the external auditor’s responsibilities if using the work of internal auditors. This includes (a) using the work of the internal audit function in obtaining audit evidence a...
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ICAI awarded Associate membership by Chartered Accountants Worldwide
The Institute of Chartered Accountants of India joins Chartered Accountants Worldwide Gaining International Brand Recognition – (14-06-2016) PRESS RELEASE For immediate release THE INSTITUTE OF CHARTE...
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Change in Common Proficiency Test (CPT) exam Centres
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] Important Announcement No.13-CA(Exams)/CPT/June, 2016 Dated: May 31, 2016 The venue for Common Proficiency Test (CPT) t...
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ICAI President’s Message – June 2016
Dear Professional Colleagues, All of us have our share of hopes and expectations-present and future. While certain part of those may appear logical and is likely to come true, the remaining we ourselv...
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Empanelment with Vijaya Bank of CA firms for concurrent audit
The eligibility criteria for selection of Concurrent Auditors 1. Applying Online through our Web Site on or before 21.05.2016. 2. The Chartered Accountant firms/Concurrent Auditors should be on RBI pa...
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File GNL-1 for Change in MOA of Section 8 Company
Regarding filing Form GNL-1 for change in Memorandum of Association by Section 8 Companies to ROC instead of filing form RD-1 – (17-05-2016) The Ministry of Corporate Affairs is receiving references f...
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Examiners to appoint Checkers; Centralised empanelment discontinued: ICAI
Assignments of Checkers – May 12, 2016 The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers...
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Issues & Reply on Implementation of Indian AS
Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 2 (Dated: 10/05/2016) The Accounting Standards Board (ASB) of the ICAI has constituted ‘Ind AS Transition Facilitation Group’ (ITFG)1...
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ICAI invites Feedback on I-T Arrear Demand Verification Portal
The Income Tax Department has launched an “Arrear Demand Verification Portal at https://incometaxindiaefiling.gov.in/ which can be accessed by the assessees with their respective user-id. This portal...
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Empanelment with CBI for Forensic Auditing
Preparation of Panel of Chartered Accountants/Firms having experience for Forensic Auditing – (10-05-2016) Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accou...
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GN on Accounting for Real Estate Transactions for entities to whom Ind AS is applicable
Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable) (The following is the text of the Guidance Note on Accounting for Real Estate Transactions, issued...
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Issues & Reply on Implementation of Indian AS
Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 2 (Dated: 10/05/2016) The Accounting Standards Board (ASB) of the ICAI has constituted ‘Ind AS Transition Facilitation Group’ (ITFG)1...
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Invitation to CA’s as faculties, coordinators and paper writers
Dear Professional Colleague Sub: Invitation to CA’s as faculties, coordinators and paper writers As you may be aware, that the Institute of Chartered Accountants of India is the apex body in the field...
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Empanelment with Dena Bank of CA Firms for Concurrent Audit
Dena Bank invites Applications for selection of CA Firms as Concurrent Auditors for the period July 2016 to June 2017. Members should submit their applications online on Bank website as per the format...
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ICAI President’s Message May 2016
From the President Dear Professional Members, The Indian accountancy profession has consolidated itself internationally to register its wise, strong and empowering global presence. Today, Th e Institu...
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Multipurpose Empanelment of CAs started for year 2016-17
Multipurpose Empanelment Form (MEF) for the year 2016-17 is now hosted at MEFICAI website. Members can fill up the application form directly on the MEFICAI website itself and Submit it. Members can vi...
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ICAI taking members view on e-Journal
Go Green initiative: ICAI taking members view on e-Journal Receding green space of the earth is a serious environmental issue today. As responsible community, we need to address this concern—and soone...
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Draft Guidance Note on Treatment of CSR Activity Costs
Cost Accounting Standards Board (CASB) releases Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities ‘. Cost Accounting Standards Board (...
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Company Secretaries Profession on huge demand
The days have done when Company Secretaries (hereafter mentioned as “CS” for brevity) was called up on to take minutes and due pure secretarial works. For layman knowledge, a CS means an individual wh...