ICAI to help SEBI in dealing with Financial Frauds
Posted Date : 06-May-2025 , 07:56:53 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI will be preparing a research paper to help markets watchdog Sebi in dealing with financial frauds.
ICAI will prepare a research paper to assist Sebi in combating financial frauds, focusing on protecting investor interests and boosting the financial ...
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CA final exams to be held thrice a year from this year - ICAI
Posted Date : 28-Mar-2025 , 08:02:50 am | Posted By CASANSAAR
CA Final exams will be conducted thrice a year from 2025 instead of two, the Institute of Chartered Accountants of India (ICAI) announced on Thursday.
Last year, the ICAI took a decision to hold the Intermediate and Foundation course exams three times a year and now the CA Final exams will follow...
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ICAI Elects President and Vice President for the year 2025-26
Posted Date : 13-Feb-2025 , 10:25:48 am | Posted By CASANSAAR
ICAI elects New Torchbearers for the year 2025-26
CA. Charanjot Singh Nanda, President-ICAI shares his Agenda for the Council Year 2025-26.
CA. Prasanna Kumar D has been elected as the Vice-President of The Institute of Chartered Accountants of India for the Council Year 2025-26.
...
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ICAI Past President
Posted Date : 16-Jan-2025 , 06:34:41 am | Posted By CASANSAAR
The market regulator has restrained Pacheli Industrial Finance (PIFL) and six other entities from accessing the securities market until further orders. PIFL, according to its annual report, provides consultancy services related to hotels, lodging houses and other multiple services; and the six ...
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ICAI cannot issue standards on quality management: Solicitor General Tushar Mehta to NFRA
Posted Date : 30-Dec-2024 , 09:36:33 pm | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) doesn’t have the power to issue standards on quality management (SQMs) for accountancy firms or introduce consequential changes to audit norms, solicitor general of India Tushar Mehta said in an opinion sought by the National Financial Rep...
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Extension of last date of CPE hours' compliance for the Calendar year 2024 - From 31st Dec, 2024 to 28th Feb, 2025
Posted Date : 30-Dec-2024 , 05:12:59 pm | Posted By CASANSAAR
Continuing Professional Education Committee
The Institute of Chartered Accountants of India
30th December, 2024
ANNOUNCEMENT FOR MEMBERS
Dear Member,
Sub: Extension of last date of CPE hours’ compliance for the Calendar year 2024 - From 31st December, 2024 to 28th February, 2025...
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ICAI Election - Special Permission for Courier Services of Ballot Papers to the Members in Canada
Posted Date : 05-Dec-2024 , 08:16:07 am | Posted By CASANSAAR
ELECTION - 2024
(Chartered Accountants)
ONE TIME SPECIAL PERMISSION TO VOTERS HAVING PROFESSOINAL ADDRESS OF CANADA TO USE COURIER SERVICE TO DISPATCH THEIR BALLOT PAPERS
No. 54-EL(1)/13-E-3/2024: In pursuance of sub-rule (1) of rule 6 of the Chartered Accountants (Election to th...
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ICAI revises CA January 2025 Foundation Exam Dates
Posted Date : 27-Nov-2024 , 07:36:24 am | Posted By CASANSAAR
ICAI CA Foundation Exam January 2025: The Institute of Chartered Accountants of India (ICAI) has revised the Chartered Accountant (CA) January 2025 Foundation exams. The postponement of the ICAI CA January 2025 exam comes in view of Makar Sankranti, Bihu and Pongal festivals across India. The exams ...
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ICAI framing compulsory qualifications for forensic audit professionals
Posted Date : 26-Nov-2024 , 08:10:39 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) is drafting guidelines to mandate compulsory qualifications for professionals conducting forensic audits.
The ICAI plans to send its proposal to the Ministry of Corporate Affairs (MCA) detailing criteria, such as mandatory completion of...
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ICAI Elections - Mobile Phones are Strictly Prohibited in the Premises of the Polling Center
Posted Date : 23-Nov-2024 , 11:34:21 am | Posted By CASANSAAR
Election Cell
The Institute of Chartered Accountants of India
22nd November 2024
IMPORTANT ADVISORY TO ALL VOTERS
Please be advised that mobile phones are strictly prohibited in the secret chamber. Voters are required to leave their mobile phones outside the Sec...
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ICAI Election 2024 - Exercising the Option for Any Where Voting
Posted Date : 19-Oct-2024 , 08:25:17 pm | Posted By CASANSAAR
Election Cell
The Institute of Chartered Accountants of India
17th October 2024
Election - 2024
Exercising the Option for Any Where Voting
We are pleased to inform that the Member whose name is borne on the Register on 1st day of April 2024 and is entitled to Vote by Poll, the option ...
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Hosting of Multipurpose Empanelment Form (MEF)- 2024-25 - ICAI
Posted Date : 18-Sep-2024 , 09:19:23 am | Posted By CASANSAAR
Professional Development Committee (PDC) is pleased to host the Multipurpose Empanelment Form (MEF) for the year 2024-25, which is available at https://meficai.org/. Before filling the Multipurpose Empanelment Form (MEF) for the year 2024-25, Members are advised to go through the Advisory. Informati...
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Rs.3.86 Lakh Annual Fixed Salary to CAs in ICAI Campus Placement
Posted Date : 20-Aug-2024 , 11:54:49 pm | Posted By CASANSAAR
Tata Consultancy Services (TCS) is offering just Rs 3.86 lakh annual fixed salary to qualified chartered accountants (CAs) in the latest campus placements at the Institute of Chartered Accountants of India (ICAI). Of the total cost-to-company (CTC) of Rs 7.5 lakh annually, TCS is offering a variable...
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ICAI allowed to issue orders against Big Four affiliates - Delhi High Court
Posted Date : 07-Jul-2024 , 09:31:12 am | Posted By CASANSAAR
The Delhi High Court has said that the Institute of the Chartered Accountants of India (ICAI) is "fully empowered" to act against the affiliates of the Big Four firms. In a July 3 order, it also lifted the stay issued against the ICAI orders earlier.
The court also said that the firms, ...
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ICAI Inviting Public Comments on Review of Rules specified under the Chartered Accountants Act, 1949
Posted Date : 11-May-2024 , 12:18:08 am | Posted By CASANSAAR
Council Affairs
The Institute of Chartered Accountants of India
10th May, 2024
Subject: Inviting Public Comments on Review of Rules specified under the Chartered Accountants Act, 1949
This is to bring to your attention an important initiative by the Ministry of Corporate Affairs regard...
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ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
Posted Date : 27-Apr-2024 , 09:43:20 am | Posted By CASANSAAR
The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students.
An ICAI notification—gaz...
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ICAI found gross negligence by Byju's auditors, recommended punitive actions against it
Posted Date : 15-Mar-2024 , 08:30:40 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has found gross negligence by edtech firm Byju's auditors, ICAI president Ranjeet Kumar Agarwal said on Wednesday.
"Our inspection has found gross negligence on accounting practices by individual auditors of Byju's an...
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ED Conducts Raid at AAP MP and Past President of ICAI ND Gupta
Posted Date : 06-Feb-2024 , 01:18:52 pm | Posted By CASANSAAR
The Enforcement Directorate (ED) raided premises linked to Delhi Chief Minister Arvind Kejriwal’s personal secretary Bibhav Kumar, and Aam Aadmi Party (AAP) Rajya Sabha MP, Past President of ICAI Sh.ND Gupta in connection with a money laundering probe related to the Jal Board case.
The cent...
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CA firms classified as professional, not eligible for ESI benefits - Gujarat HC
Posted Date : 31-Oct-2023 , 07:28:54 am | Posted By CASANSAAR
A bench of justice Bharav D Karia had observed that the activity of a CA includes that of accounting, auditing, refereeing, receivers, arbitrators and special commissioners as prescribed by the ICAI to be carried out on-premises and at places of managing partner may determine
The Gujarat high cou...
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Notice to Kumar Vishwas by a CA for his Derogatory Remarks against Professionals
Posted Date : 20-Jul-2023 , 07:30:34 am | Posted By CASANSAAR
Notice Sent to Kumar Vishwas by Advocate (CA) Dr. Suneel Maggo for his Derogatory Remarks against Professionals (Chartered Accountants and Company Secretaries).
We had discussed the matter with Advocate Suneel Maggo and the same has been uploaded on the youtube but on the pressure of Kumar Vishwa...
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Restricting revocation of the UDINs within 48 hours - ICAI
Posted Date : 23-Jun-2023 , 08:17:37 pm | Posted By CASANSAAR
The Council, in its 420th meeting held on 23rd-24th March, 2023, decided that revocation of UDINs would now be possible within 48 hours from the time of its generation. This means that now onwards, the members will be able to revoke the UDINs, if they so desire, only within 48 hours from the time th...
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ICAI and Public Sector Banks to set up common platform for balance confirmations
Posted Date : 07-Jun-2023 , 07:01:50 am | Posted By CASANSAAR
Statutory auditors may have cause for cheer as a new mechanism in the form of a common balance confirmation portal is now being put in place to provide “external confirmation of balances” for aiding the audit of financial statements.
Over the years, auditors have been using &ldq...
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Union Cabinet Approves MoU between ICAI and CA Maldives
Posted Date : 18-May-2023 , 08:14:23 am | Posted By CASANSAAR
The Union Cabinet, chaired by the Hon'ble Prime Minister Shri Narendra Modi, approved the signing of Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the Maldives (CA Maldives).
Details:
ICAI and CA Maldives ai...
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IBBI warns Registered Valuer for Cautious and Transparent while conducting Valuation
Posted Date : 02-Mar-2023 , 07:35:36 am | Posted By CASANSAAR
This Order disposes the Show Cause Notice (SCN) No. RV-13012/1/2022-IBBI/283/4233, dated 04.11.2022 issued to Ms. Gunjan Agarwal under rule 17 read with 15 of Companies (Registered Valuers and Valuation) Rules, 2017 (Valuation Rules). The Insolvency and Bankruptcy Board of India (IBBI/Board) has bee...
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IBBI Suspends the Registration of Registered Valuer for a period of six months
Posted Date : 02-Mar-2023 , 07:28:55 am | Posted By CASANSAAR
This Order disposes the Show Cause Notice (SCN) No. RV-13012/1/2022-IBBI/284/4234, dated 04.11.2022 issued to Mr. Sandeep Kumar Agarwal under rule 17 read with 15 of Companies (Registered Valuers and Valuation) Rules, 2017 (Valuation Rules). The Insolvency and Bankruptcy Board of India (IBBI/Board) ...
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CAs who lives in Singapore for 6 Months can become Member of Singapore Institute without Exam
Posted Date : 21-Feb-2023 , 09:30:08 pm | Posted By CASANSAAR
ICAI President CA. Aniket Sunil Talati has announced that the Chartered Accountants from India who lives in Singapore for more than 6 months can automatically acquire the membership of the Singapore Institute without an exam. CA. Aniket Sunil Talati was delivering a speech in Kolkata.
CLICK ON TH...
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Newly Elected President and Vice President of ICAI
Posted Date : 12-Feb-2023 , 05:13:59 pm | Posted By CASANSAAR
ICAI elects New Torchbearers for the year 2023-24.
The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2023-24.
CA. Aniket Sunil Talati has been elected as the President and CA. Ranjeet Kumar Agarwal has been e...
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Finance Minister discusses Fraud GST Refunds with Chartered Accountants delegation
Posted Date : 24-May-2022 , 09:00:13 am | Posted By CASANSAAR
Amid some chartered accountants coming under the scanner for alleged fraudulent GST refunds, Finance Minister Nirmala Sitharaman held discussions with a delegation of chartered accountants' apex body Institute of Chartered Accountants of India (ICAI) on "various issues...
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ICAI members lock central GST office in Gurugram over arrest of 2 CAs
Posted Date : 21-May-2022 , 09:08:57 am | Posted By CASANSAAR
The Central GST office here was locked for several hours by chartered accountants on Thursday night as a protest against the arrest of two fellow CAs over an alleged Rs 15-crore GST refund scam. On Friday, the police said the protest by the CAs is still continuing but the GST o...
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Information System Audit - Assessment Test (ISA - AT), July 2022
Posted Date : 18-May-2022 , 07:24:32 am | Posted By CASANSAAR
Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 9th July 2022 (Saturday) from 9 AM to 1 PM (IST) at the following cities provided that sufficient number of can...
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