ICAI to train 1 lakh students on GST accounting
Posted Date : 15-Feb-2019 , 10:02:22 am | Posted By CASANSAAR
The Institute of Cost Accountants of India (ICAI) will be launching a course in Goods and Services Tax (GST) accounting in a about a month from now.
“We are in discussions with Government and modalities are being worked out,” Amit Anand Apte, President, ICAI told newspersons here on T...
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New President & Vice-President of ICAI for the year 2019-20
Posted Date : 12-Feb-2019 , 08:21:43 pm | Posted By CASANSAAR
CA. Prafulla P. Chhajed
President, ICAI
CA. Atul Kumar Gupta
Vice-President, ICAI
Many Many Congratulations to the Elected President & Vice President of ICAI for the year 2019-20....
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ICAI Accounting Research Foundation to oversee reopening of IL&FS books
Posted Date : 12-Feb-2019 , 09:17:51 am | Posted By CASANSAAR
The ICAI Accounting Research Foundation (ICAI ARF) will oversee the process of reopening the books of crisis-hit IL&FS.
The board of debt-laden Infrastructure Leasing and Financial Services (IL&FS) was taken over by the corporate affairs ministry last year after many group entities ...
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UDIN mandatory wef 1st Feb., 2019 for all Certificates - ICAI
Posted Date : 25-Jan-2019 , 11:06:59 am | Posted By CASANSAAR
ANNOUNCEMENT
UDIN mandatory wef 1st Feb., 2019 for all Certificates
It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and Stakeholders. ICAI is also receiving number of complaints ...
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Revised Procedure for providing inspection/certified copies of evaluated answer-books to the concerned examinees - ICAI
Posted Date : 25-Jan-2019 , 11:05:45 am | Posted By CASANSAAR
An examinee may apply seeking inspection/certified copies of answer books, within 30 days from the date of declaration of respective result(s), with the applicable fee, online at http://icaiexam.icai.org and pay the applicable fee online. There is no provision for submission of such requests with la...
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ICAI signs MoU with ICPA of Kenya
Posted Date : 23-Jan-2019 , 08:58:03 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has signed the Memorandum of Understanding (MoU) with the Institute of Certified Public Accountants of Kenya (ICPAK) in Nairobi, Kenya on January 21, 2019. Signing of the MoU between ICAI & ICPAK would facilitate collaborative approach to id...
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ICAI clarifies rumours on postponement of May 2019 CA Examinations
Posted Date : 17-Jan-2019 , 09:07:01 am | Posted By CASANSAAR
16th January, 2019
IMPORTANT ANNOUNCEMENT
REG: May 2019 CA Examinations
It has been brought to our notice that the probable date of commencement of May 2019 CA examinations and the time table there on are doing the rounds in the social media.
It is hereby clarified that the timetable i...
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ICAI reports slams statutory auditors of IL&FS
Posted Date : 05-Jan-2019 , 09:38:35 am | Posted By CASANSAAR
A preliminary report of the Institute of Chartered Accountants of India (ICAI) has said that the statutory auditors of IL&FS did not carry out their functions in a proper manner, highlighting a number of negligences on their part.
Being a regulatory body of auditors, the ICAI’s prelimin...
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ICAI Election effects - Disciplinary Proceedings against IL&FS Auditors postponed
Posted Date : 28-Dec-2018 , 10:00:52 am | Posted By CASANSAAR
The much-anticipated hearing in the CA Institute’s inquiry against certain statutory auditors of beleaguered IL&FS Group stands postponed.
The first hearing, which was scheduled to take place in Kolkata on Friday, has been postponed, sources close to the developments said. There is no i...
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ICAI defers Mandatory use of UDIN to Feb 2019
Posted Date : 27-Dec-2018 , 03:38:26 pm | Posted By CASANSAAR
ANNOUNCEMENT
UDIN - A way to authenticate document
As you are aware that to secure the certificates/documents attested/certified by practicing Chartered Accountants and for tracing forged/wrong documents prepared by any third person misrepresenting himself as a Chartered Accountant, ICAI had...
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ICAI and IIM Ahmedabad sign MoU for training of Chartered Accountants
Posted Date : 12-Dec-2018 , 08:51:39 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Management, Ahmedabad for open-enrolment and customized training programs exclusively for Chartered Accountants.
The MoU is likely to benefit the Chartered Accountant...
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ICAI accuses 3 top audit firms of professional misconduct for IL&FS crisis
Posted Date : 10-Dec-2018 , 08:59:17 am | Posted By CASANSAAR
The statutory auditors of Infrastructure Leasing and Financial Services (IL&FS) Ltd – the parent company of debt-laden IL&FS Group - and two of its subsidiaries, IL&FS Transportation Networks Ltd (ITNL) and IL&FS Financial Services Ltd (IFIN), have been held “prima facie ...
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ICAI and CPA Canada sign MoU for greater mobility of Professionals
Posted Date : 22-Nov-2018 , 08:05:59 am | Posted By CASANSAAR
Chartered accountants body ICAI said Tuesday it has signed an agreement with the Chartered Professional Accountants (CPA), Canada.
The pact would facilitate mutual recognition of each other's qualification and admit the members in good standing by prescribing a bridging mechanism between the ...
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ISA-AT Test will be held on 22nd December 2018
Posted Date : 09-Nov-2018 , 09:15:33 am | Posted By CASANSAAR
Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test which is open to the members of the Institute, will be held on 22nd December, 2018 (Saturday) from 9.00 AM to 1.00 PM (IST).
An application for admission to the Assessment Test is required to be submi...
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Govt looks to Discipline Professional Institutes
Posted Date : 26-Oct-2018 , 09:48:36 am | Posted By CASANSAAR
The government is looking to step up its oversight over three professional institutes, including the Institute of Chartered Accountants of India (ICAI), for their failure to discipline errant auditors, despite being ticked off by Prime Minister Narendra Modi 15 months ago.
The government has pull...
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Cabinet approves MoU between the ICAI and CPA Afghanistan
Posted Date : 25-Oct-2018 , 08:37:08 am | Posted By CASANSAAR
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Certified Professional Accountants Afghanistan (CPA Afghanistan). The MoU will establi...
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Cabinet approves MoU between ICAI and ICPAK
Posted Date : 27-Sep-2018 , 07:53:28 am | Posted By CASANSAAR
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants of Kenya (ICPAK). It will he...
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Unique Document Identification Number (UDIN) will be mandatory wef 1st January, 2019
Posted Date : 26-Sep-2018 , 09:26:15 pm | Posted By CASANSAAR
It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and stakeholder. ICAI is also receiving number of complaints of forged signatures. To curb the malpractices, the Professional Development Commit...
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0 | Hits : 1193
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Suggestions/feedback on evaluation of examination answer books system - ICAI
Posted Date : 16-Sep-2018 , 09:49:31 am | Posted By CASANSAAR
Announcement
15th September, 2018
Sub: Suggestions/feedback on evaluation of examination answer books system.
The Group formed to review the evaluation of examination answer book system invites Suggestion/ Feedback of the CA students on the evaluation of examination answer books system th...
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ICAI may review rules to stop Auditor exits
Posted Date : 01-Sep-2018 , 08:20:32 am | Posted By CASANSAAR
The central government is considering a review of auditing standards to plug loopholes in the wake of the recent spate of resignation by auditors, many of them exiting listed firms abruptly or ahead of quarterly results.
Auditors in as many as 204 listed companies have resigned between January 1 ...
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Open book exam in the elective subjects of Paper 6 of Final (New) course
Posted Date : 03-Aug-2018 , 05:11:07 pm | Posted By CASANSAAR
ICAI had introduced elective subjects in Paper 6 in the CA Final (New) course exam from May 2018 exam and onwards, which is being held on open book methodology.
In this regard, it is hereby clarified that it has been decided as follows in respect of Paper 6 Electives- of Final (New) course exam:
...
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Report on Audit Quality Review (2017-18) of the Quality Review Board
Posted Date : 02-Aug-2018 , 11:22:40 am | Posted By CASANSAAR
Government of India has, in exercise of the powers conferred under Section 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board (the ‘Board’) to perform the following functions u/s 28B of the Chartered Accountants Act, 1949:-
a) to make recommendations to the...
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ICAI Clarify regarding date of declaration of results of CA Intermediate exam
Posted Date : 26-Jul-2018 , 09:04:16 am | Posted By CASANSAAR
Clarification regarding date of declaration of results of CA Intermediate exam.
It has been brought to our notice that a fake announcement regarding the date of declaration of result of the Intermediate examination held in May 2018 is doing the rounds in the social media.
It is hereby clarifie...
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Cabinet approves ICAI's pacts with NBAA, BIBF
Posted Date : 18-Jul-2018 , 11:07:41 pm | Posted By CASANSAAR
The government today gave its approval to the Institute of Chartered Accountants of India's pacts with Tanzania's National Board of Accountants and Auditors (NBAA) and Bahrain Institute of Banking and Finance (BIBF), according to separate official statements.
The Union Cabinet, chaired by...
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ICAI introduces UDIN for Documents Certified / Attested by CAs
Posted Date : 09-Jul-2018 , 03:19:45 pm | Posted By CASANSAAR
Unique Documents Identification Number (UDIN) is a unique number which is to be generated for every document certified / attested by practicing chartered accountants and will be registered with UDIN portal with effect from 1st July, 2018.
UDIN aims to address the concern of documents / certificat...
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0 | Hits : 3312
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Set up central agency to evaluate big loan proposals - ICAI
Posted Date : 09-Jul-2018 , 08:22:51 am | Posted By CASANSAAR
Cost accountants' apex body ICAI has suggested constituting a central agency, with cost accountants and experts from other fields, to evaluate applications for large loans before banks give their approval.
The suggestion comes at a time when the country's banking system is grappling with ...
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0 | Hits : 1134
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Cabinet approves renewal of MoU between ICAI & Saudi Organisation for CPAS
Posted Date : 05-Jul-2018 , 09:08:03 am | Posted By CASANSAAR
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) signed in 2014 and approval for renewal of MoU between the Institute of Chartered Accountants of India (ICAI) & Saudi Organisation for Certi...
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President of India Inaugurates the Platinum Jubilee Celebrations of ICAI
Posted Date : 02-Jul-2018 , 07:54:20 am | Posted By CASANSAAR
The President of India, Shri Ram Nath Kovind, inaugurated the platinum jubilee celebrations of the Institute of Chartered Accountants of India (ICAI) in New Delhi today (July 1, 2018).
Speaking on the occasion, the President said that adherence to a fair taxation system is much ...
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Pattern of Assessment from May 2019 Examination - ICAI
Posted Date : 25-Jun-2018 , 10:36:05 pm | Posted By CASANSAAR
Students appearing in the Intermediate and Final Examinations may please note that beginning from May, 2019 attempt, assessment in the following subjects would be partially based on objective type questions:
Intermediate Level
Final Level
Paper
Subject
Paper
...
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ICAI Valuation Standard effective for Valuation Reports issued on or after 1st July, 2018.
Posted Date : 10-Jun-2018 , 08:17:55 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) issues Valuation Standards as a benchmark for Valuation Practices applicable for Chartered Accountants
Recognising the need to have the consistent, uniform and transparent valuation policies and harmonise the diverse practices in use in...
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