ICAI issues guidance to auditors on funding disclosure norms
Posted Date : 27-Apr-2022 , 09:12:24 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has issued a detailed set of instructions to auditors to ensure that the financial statements of companies they audit comply with the government’s new investment reporting requirements.
The guidance note issued by the self-regulator o...
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100 CA and CS under Govt scanner for misconduct
Posted Date : 22-Apr-2022 , 09:08:59 am | Posted By CASANSAAR
The government has initiated action against at least 100 chartered accountants and company secretaries for professional misconduct and unlawful activities -- mostly their association with Chinese companies -- and directed the Registrar of Companies (ROC) to submit an action taken report , two people...
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Deferment of certain provisions of Volume-I of Revised Code of Ethics, 2019 - ICAI
Posted Date : 01-Apr-2022 , 10:09:54 am | Posted By CASANSAAR
Ethical Standards Board
The Institute of Chartered Accountants of India
31st March, 2022
ANNOUNCEMENT
Sub.: Deferment of certain provisions of Volume-I of Revised Code of Ethics, 2019
As the members are aware, the revised 12th edition of Code of Ethics has come into effect from ...
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ICAI |
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Lok Sabha passes Chartered Accountants, the Cost and Works Accountants, Company Secretaries (Amendment) Bill 2021
Posted Date : 30-Mar-2022 , 07:09:17 pm | Posted By CASANSAAR
Lok Sabha today passed the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill 2021. Speaking on the Bill, Finance Minister Nirmala Sitharaman today asserted that there is no proposal or intention to infringe upon the autonomy of these three institution...
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Lok Sabha discusses Bill to amend CA, CS, CMA Act
Posted Date : 30-Mar-2022 , 08:26:08 am | Posted By CASANSAAR
The Lok Sabha has taken up the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021 for consideration and passing. The Bill seeks to amend the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959, and the Company Secretaries Ac...
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ICAI |
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CVC recommends Special CAG audit of ICAI’s books.
Posted Date : 12-Mar-2022 , 09:50:13 am | Posted By CASANSAAR
The Central Vigilance Commission (CVC) has recommended a special audit into the accounts of the Institute of Chartered Accountants of India (ICAI) by the national auditor, the Comptroller and Auditor General (CAG).
It has also asked for greater disclosures and transparency in the functioning ...
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ICAI |
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Clarification with regard to CA /CA Firms regarding registration on GeM Portal
Posted Date : 05-Mar-2022 , 09:00:51 am | Posted By CASANSAAR
As the members are aware, Government of India has mandated procurement of goods and services by Government Department/organisations through GeM (Government e- marketplace) portal.
The Institute has been receiving queries as to whether Chartered Accountants in Practice/Firms of Chartered Accou...
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ICAI |
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Extension of last date for complying with the mandatory CPE hours’ requirements for the Calendar Year 2021 - ICAI
Posted Date : 17-Jan-2022 , 10:00:36 am | Posted By CASANSAAR
In view of impact of Covid-19 across the world and the difficulties faced by Members for completing their mandatory CPE hours’ requirements during the Calendar year 2021, it has been decided by the Competent Authority to extend the last date for complying with the CPE hours’ requirements...
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ICAI |
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Extension of Last Date for payment of Membership /COP fee For the year 2021-22 to 31st Dec, 2021 - ICAI
Posted Date : 01-Oct-2021 , 07:53:48 am | Posted By CASANSAAR
M&SS Directorate
The Institute of Chartered Accountants of India
30th September, 2021
Important Announcement
Sub: Extension of Last Date for payment of Membership /COP fee For the year 2021-22 to 31st December, 2021.
The Council of ICAI has suo moto decided to extend the...
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ICAI |
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Aligning the Time Limit of Generating UDIN from 15 days to 60 days - ICAI
Posted Date : 18-Sep-2021 , 07:55:09 am | Posted By CASANSAAR
UDIN Directorate
The Institute of Chartered Accountants of India
17th September, 2021
ALIGNING THE TIME LIMIT OF GENERATING UDIN FROM 15 DAYS TO 60 DAYS
Standard on Quality Control (SQC 1) on Retention Period for Engagement Documentation (Working Papers) requires firms to establish policies ...
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ICAI |
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CA Vivek Khurana filed Nomination for Central Council Election of ICAI
Posted Date : 16-Sep-2021 , 09:11:22 am | Posted By CASANSAAR
CA Vivek Khurana has filed nomination papers for the Central Council Elections (Northern Region) of ICAI 2021.
CA Vivek Khurana, Founder of casansaar.com, a renowned website is a practicing Chartered Accountant and fellow member of ICAI and Partner of a Chartered Accountants firm i...
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ICAI |
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ICAI Election 2021 - Know Your Pooling Booth Details
Posted Date : 02-Sep-2021 , 10:44:54 am | Posted By CASANSAAR
ICAI Election 2021 Updates :-
Know your polling booth details for ICAI Elections to be held on 3rd and 4th December 2021
https://appforms.icai.org/elections/knowyourbooth2021.html...
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ICAI |
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Happy Chartered Accountants Day (01 July 1949 History of the Institute of Chartered Accountants of India)
Posted Date : 01-Jul-2021 , 09:18:39 am | Posted By CASANSAAR
1st JULY 1949 HISTORY OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
The Companies Act, 1913 passed in pre-independent India prescribed the appointment of a formal Auditor with prescribed qualifications to audit such records. In order to act as an auditor a person had to acquire a r...
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ICAI |
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Delhi Police Arrests 11 (2 CAs) In Rs.150 Cr Mobile App Fraud Case
Posted Date : 10-Jun-2021 , 09:05:58 am | Posted By CASANSAAR
The Delhi Police's Cyber Cell has arrested 11 men, including two charted accountants (CAs), for allegedly cheating more than five lakh people of over ₹ 150 crore in two months on the pretext of providing lucrative returns on two mobile applications, police said on Wednesday.
A total of ₹ ...
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ICAI |
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High Court levies cost of Rs. 20,000 on ICAI for withholding result of a CA Student
Posted Date : 19-May-2021 , 08:29:36 am | Posted By CASANSAAR
ICAI lost case against the student & the court awarded legal costs to be paid to the petitioner.
ICAI faces humiliation in Court for withholding result of a CA student sighting Derogatory remarks in social media.
Fine of Rs 20k on ICAI for withholding result of a CA Student & adv...
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ICAI |
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Cabinet approves MoU between ICAI and CA-ANZ
Posted Date : 20-Apr-2021 , 06:46:39 pm | Posted By CASANSAAR
The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a fresh Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Chartered Accountants Australia and New Zealand (CA ANZ).
Impact:
The MRA intends to develop mutually beneficial ...
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ICAI |
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CA Final, Foundation Results Declared - ICAI
Posted Date : 22-Mar-2021 , 09:23:04 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has declared the results for CA Final and Foundation papers for the January session on the official website icai.org.in. All the candidates who have appeared for the examinations will have to login to the ICAI official portal with their username...
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ICAI |
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UGC to Treat CA/CS/CMA qualification as equivalent to PG Degree
Posted Date : 16-Mar-2021 , 08:28:34 am | Posted By CASANSAAR
UGC had received requests from the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and the Institute of Cost Accountants of India to consider the qualification being awarded by them, i.e., Chartered Accountant (CA), Company Secretary (CS) and Cost and Works...
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ICAI |
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New President and Vice President of ICAI for the year 2021-22
Posted Date : 13-Feb-2021 , 08:42:29 am | Posted By CASANSAAR
ICAI elects New Torchbearers for the year 2021-22
CA. Nihar N Jambusaria elected as President, ICAI
CA. (Dr.) Debashis Mitra elected as Vice President, ICAI.
Many Many Congratulations...
...
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Extension of Condonation Scheme to regularize UDINs - ICAI
Posted Date : 01-Feb-2021 , 08:55:44 am | Posted By CASANSAAR
UDIN Directorate
The Institute of Chartered Accountants of India
31st January, 2021
Extension of Condonation Scheme to regularize UDINs
This has reference to the Condonation Scheme to regularize UDINs announced by the ICAI vide its announcement dated 28th December 2020. As per the scheme...
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ICAI |
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SC transferred to itself Pleas Challenging Constitutional Validity of ICAI Guidelines regarding Tax Audit Limit For Chartered Accountants
Posted Date : 10-Dec-2020 , 10:02:33 am | Posted By CASANSAAR
The Supreme Court has transferred to itself the writ petitions pending before Kerala, Madras and Calcutta High Courts which challenge the constitutional validity of guidelines issued by Institute of Chartered Accountants of India (ICAI) limiting the number of Tax Audits of Chartered Accountants.
...
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Last Date for Payment of Membership/COP Fee is further Extended to 15th Dec 2020 - ICAI
Posted Date : 01-Dec-2020 , 08:43:15 am | Posted By CASANSAAR
M&C-MSS Section
The Institute of Chartered Accountants of India
30th November, 2020
IMPORTANT ANNOUNCEMENT
Considering hardship caused to the Members due to various reasons, last date for payment of membership/COP fee is further extended to 15th December 2020. Members are requested to ...
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ICAI |
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0 | Hits : 1091
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Mutual Recognition Agreement (MRA) between ICAI and Malaysian Institute of Certified Public Accountants
Posted Date : 22-Oct-2020 , 09:36:24 am | Posted By CASANSAAR
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Mutual Recognition Agreement between the Institute of Chartered Accounts of India (ICAI) and the Malaysian Institute of Certified Public Accountants (MICPA) to enable appropriately qualified CA (Chartered ...
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Advisory with regard to compliance with the Website Guidelines of the Institute - ICAI
Posted Date : 15-Oct-2020 , 10:21:14 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India
14th October, 2020
No. M-626/14/2020Advisory
The members are aware that the Council has issued the Website Guidelines in 2001, which have been revised from time to time. The Guidelines, as revised in the 388th Meeting of Council held on 6t...
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ICAI |
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Extension in the Last Date for Payment of Membership /COP Fee - ICAI
Posted Date : 30-Sep-2020 , 08:09:28 am | Posted By CASANSAAR
M&C-MSS Section
The Institute of Chartered Accountants of India
29th September, 2020
IMPORTANT ANNOUNCEMENT
The Council of ICAI considering the request from Members at large has decided to extend the last date for payment of Membership/ COP fee from 30th September, 2020 to...
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ICAI |
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Clarification on Fees from a Single Client - ICAI
Posted Date : 12-May-2020 , 10:42:00 am | Posted By CASANSAAR
Announcement
Sub. : Clarification on Fees from a single client
As the members are aware, the revised Code of Ethics will come into effect w.e.f 1st July, 2020.
Some members have expressed their concern on one of the provisions contained in Paragraph R410.4 of the Volume-I of rev...
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ICAI |
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Advisory on Mentioning Fees in Advertisements issued by Members - ICAI
Posted Date : 29-Apr-2020 , 09:55:23 am | Posted By CASANSAAR
Certain concerns have been raised by members as to whether it is permissible to advertise the services rendered by them, while also mentioning that Professional Fees with regard to individuals engaged in Community service would be charged lesser than what is usually charged by them/ free of charge b...
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ICAI |
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ESB of ICAI selected Faculties from Northern Region
Posted Date : 20-Feb-2020 , 12:22:05 pm | Posted By CASANSAAR
Ethical Standard Board of ICAI organised Two days Faculty development program in Oct 2019 and selected 10 eminent speakers as faculties for Code of Ethics.
List of empaneled faculties under Ethical Standard Board from Northeren Region are attached here with.
Faculties of E...
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ICAI |
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ICAI releases CA exam policy draft, Omits scope of Re-Evaluation
Posted Date : 19-Feb-2020 , 09:09:29 am | Posted By CASANSAAR
Months after forming a high level committee for looking into CA exam process and regulation, the Institute of Chartered Accountants of India (ICAI) has released the draft report based on the recommendations given by the committee. The ICAI had formed the committee and invited suggestions from stakeh...
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ICAI |
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New President & Vice-President of ICAI for the year 2020-21
Posted Date : 13-Feb-2020 , 08:32:03 am | Posted By CASANSAAR
New President & Vice-President of ICAI
The Institute of Chartered Accountants of India (ICAI) elected its new President & Vice-President for the term 2020-2021.
CA. Atul Kumar Gupta has been elected as the President, ICAI and CA. Nihar Niranjan Jam...
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ICAI |
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