ICAI plans representation before govt over penalty proposal
Posted Date : 09-Feb-2017 , 08:05:38 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI will approach the government amid concerns over certain proposals under which action can be taken against members for certain violations.
The Council of the Institute of Chartered Accountants of India (ICAI) has discussed the issues.
"There ...
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Branch Vice Chairman will be the Chairman for the next following year - ICAI
Posted Date : 06-Feb-2017 , 09:14:37 am | Posted By CASANSAAR
ICAI have issued directions to the branches that Vice Chairman of the branch will be the Chairman of the Branch for the next following year
Elevation of Vice Chairman of the Branch as the Chairman in the following year unless two-third of the members present vote to the contrary.
The Managing ...
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Revision of fee for General Management and Communication Skills (GMCS) 15 days (90 hrs) - ICAI
Posted Date : 30-Jan-2017 , 01:36:06 pm | Posted By CASANSAAR
You may be aware that the present fee of Rs.5500/- for General Management and Communication Skills Course was fixed way back in 2013 and has not undergone any revision during the last four years.
Considering the above, the Council has decided to revise the fee for the course on General Mana...
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ICAI Commerce Wizard 2016 for Students on January 8, 2017
Posted Date : 23-Dec-2016 , 09:06:02 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) will conduct a talent search examination in Commerce, ‘ICAI Commerce Wizard 2016’ for students of Classes 9 to 12 on January 8, 2017.
There are two levels of the exam in which the candidate can take the level 1 of the test online ...
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ICAI Code of Conduct for elected, Co-opted and Nominated Representatives
Posted Date : 23-Dec-2016 , 08:32:02 am | Posted By CASANSAAR
No. ICAI /ESB/2016/02
Announcement
In pursuance of the decision taken at the 356th Meeting of Council held on 29th June - 1st July, 2016, the ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued.
This Code applies to elected and nominated members to the...
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Make Banks Board Bureau or RBI selector of bank auditors - ICAI to Govt
Posted Date : 20-Dec-2016 , 08:23:44 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has asked the government to put in place a more transparent process in selecting auditors in banks, saying its demand is particularly relevant in the context of high probability of frauds in the lending institutions in the aftermath of demonetis...
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Cabinet approves renewal of MoU between ICAI and CBFS Oman
Posted Date : 15-Dec-2016 , 08:07:03 am | Posted By CASANSAAR
The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval of the MoUs signed in 2008 and 2011 and the renewal of MoU between the Institute of Chartered Accountants of India (ICAI) and College of Banking and Financial Studies (CBFS), Oman.
The MoU w...
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Parl panel not in favour of new independent regulator NFRA
Posted Date : 14-Dec-2016 , 09:26:09 am | Posted By CASANSAAR
The CA Institute has cause for cheer with the Veerappa Moily headed Standing Committee on Finance recommending that it was not in favour of establishing a separate regulator--independent of audit profession--for auditors.
This stance of the Parliamentary Panel is being widely read as its veto for...
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ICAI issues advisory for members over demonetisation
Posted Date : 10-Dec-2016 , 08:14:33 am | Posted By CASANSAAR
December 9, 2016
ANNOUNCEMENT
For attention of Members
Demonetisation Policy announced by Government of India- An Advisory for Members
As you may be aware, the ICAI has always been supportive of the bold initiatives taken by the Government in strengthening the economic growth of ...
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ICAI will take strict action against those putting the profession to shame
Posted Date : 09-Dec-2016 , 08:26:50 am | Posted By CASANSAAR
Institute of Chartered Accountants of India (ICAI) vice-president Nilesh S Vikamsey on Thursday said the institute will take strict action against those 'putting the profession to shame'.
His statement came in the backdrop of post-demonetisation crackdown by income tax department and enfo...
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Paperless ICAI - Online submission of ICAI Forms
Posted Date : 08-Dec-2016 , 12:40:21 pm | Posted By CASANSAAR
In the series of regulatory forms - Form 6, Form 9, Form 101, Form 103 and Form 117 are currently available in the above links for ease of access of ICAI and its stakeholders. Members can authenticate and submit forms in online and offline mode using Digital Signature.
Form 6 (Certificate of Prac...
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ISA-AT application forms date extended upto 10th Dec. 2016 - ICAI
Posted Date : 05-Dec-2016 , 09:42:46 pm | Posted By CASANSAAR
5th December 2016
Extension of last date for submission of application forms for Information Systems Audit-Assessment Test (ISA-AT), upto 10th December 2016.
It has been decided that the last date for submission of application forms for ISA-AT scheduled to be held on 24th December 2016 has b...
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0 | Hits : 978
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ICAI invites suggestions on revised Model GST Law
Posted Date : 02-Dec-2016 , 10:40:23 pm | Posted By CASANSAAR
Your feedback / concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us. CBEC has now released revised draft Model GST Law in the public domain. The same can be viewed at the below link:
http://idtc-icai.s3.amaz...
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GET free of cost 10 unstructured CPE hours on a Self declaration for 2016
Posted Date : 01-Dec-2016 , 08:21:31 am | Posted By CASANSAAR
One can claim the CPE hours by filing a Self Declaration Form with the ICAI for the calendar year 2016. Current Block for Compliance of CPE Hour is from 01.01.2014 to 31.12.2016. Members, who have not filed self deceleration for Calendar Year 2016, can file the same now.
...
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ICAI recommends Joint Audits for large companies
Posted Date : 25-Nov-2016 , 08:42:02 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India is in favour of ushering in a system of “joint audits”, but only for large companies.
This position of the ICAI — which is the regulator for auditors — has been conveyed to the government-appointed expert group headed by form...
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No leakage of CA Final Direct Tax Laws paper - ICAI
Posted Date : 20-Nov-2016 , 07:00:35 pm | Posted By CASANSAAR
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 leakage of question paper relating to Direct Tax Laws, Paper 7 of CA Final Examination held on 13...
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ICAI not in favour of foreign firms in audit services sector
Posted Date : 18-Nov-2016 , 10:38:55 pm | Posted By CASANSAAR
The government said the Institute of Chartered Accountants of India (ICAI) has not supported the opening up of audit service sector to foreign firms.
ICAI is the apex body of chartered accountants in the country.
In a written reply to the Lok Sabha, Minister of State Arjun Ram Megh...
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ICAI Press Release on Sting Operation carried out by Aaj Tak News Channel
Posted Date : 16-Nov-2016 , 10:29:22 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) welcomes the historic decision of Government of India to fight against Corruption, Black Money, Terrorism and counterfeit Currency. This is a giant leap towards creating a clean and corruption-free economy. The Demonetisation drive declared by t...
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ICAI to take strict action against two erring members
Posted Date : 16-Nov-2016 , 10:25:21 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI today said it will initiate disciplinary proceedings against two of its members who reportedly offered to convert black money by charging hefty commissions.
The Institute of Chartered Accountants of India (ICAI) has issued showcause notices to the t...
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Nomination for Membership at the International Accounting Standards Board (IASB)
Posted Date : 07-Nov-2016 , 10:27:23 pm | Posted By CASANSAAR
International Accounting Standards Board (IASB) is seeking applications for vacancies in the Board
(A) IASB position summary:
The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation. Members of the Board represent the best available co...
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ICAI can not take Disciplinary action against Chandigarh Branch of ICAI - HC
Posted Date : 07-Nov-2016 , 08:38:18 am | Posted By CASANSAAR
In a victory of sorts for the committee of the Chandigarh branch of the Northern India Regional Council (NIRC) of Institute of Chartered Accountants of India (ICAI), the Punjab and Haryana High Court has in its interim order said that the committee would continue to function and the respondents in t...
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ICAI withdraws appointment of administrator for Chandigarh branch
Posted Date : 01-Nov-2016 , 08:52:12 am | Posted By CASANSAAR
The Chandigarh branch of the Northern India regional council of the Institute of Chartered Accountants of India (ICAI) Chandigarh shall continue to function under the chairmanship of CA Sahil Singla, as the apex body of ICAI has withdrawn its order to appoint an administrator to run body.
The dec...
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67th Annual Report and Audited Annual Accounts of the Institute for the year ended 31st March, 2016 - ICAI
Posted Date : 31-Oct-2016 , 04:23:34 pm | Posted By CASANSAAR
67th Annual Report and Audited Annual Accounts of the Institute for the year ended 31st March, 2016.
In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Accounts of the Institute for the year ended on ...
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Public Notice in the matter of wrong marketing of ICAI course by private colleges/educational institutes
Posted Date : 19-Oct-2016 , 07:37:18 am | Posted By CASANSAAR
PUBLIC NOTICE
All concerned stakeholders and general public are advised not to be swayed by the misleading advertisements/information by some of the colleges/educational institutions/private organizations/institutions which are representing themselves as college of finance/accountancy, offering...
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Clarification on the difference in requirements relating to auditor’s rotation under SQC 1 vis-à-vis Companies Act, 2013 - ICAI
Posted Date : 30-Sep-2016 , 03:40:23 pm | Posted By CASANSAAR
1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to the auditor’s rotation under the SQC 1, “Quality Control for Firms that Perform Audits and...
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Check Online ICAI Membership Fees Payment Status
Posted Date : 30-Sep-2016 , 03:08:14 pm | Posted By CASANSAAR
Last Date for payment of Membership fees are 30th September 2016. Following is the link where you can check whether your fees are paid or still pending
http://112.133.194.253/reprintletter/memberp.aspx
Please pay Membership and COP fee before 30th September, 2016 in order to...
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Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by ICAI
Posted Date : 29-Sep-2016 , 08:47:12 am | Posted By CASANSAAR
Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by the Institute of Chartered Accountants of India, pursuant to issuance of amendments to Accounting Standards by the MCA
1. The Council of the Institute of Chartered Accountants of India (ICAI) at its 359th meeting hel...
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Study Group for Examining the Desirability and Feasibility of having a New Financial Year - ICAI
Posted Date : 06-Sep-2016 , 07:53:12 am | Posted By CASANSAAR
Council Affairs/M-626/2016 5th September, 2016
ALL MEMBERS O...
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ICAI Form Group for looking into the appointments/reappointments of statutory/internal auditors of various units of ICAI
Posted Date : 10-Aug-2016 , 07:14:24 am | Posted By CASANSAAR
No.M-626/2016 ...
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ICAI form Group for finalizing the format of Fit & Proper Certificate to be issued to Indian CA Firms
Posted Date : 10-Aug-2016 , 07:12:58 am | Posted By CASANSAAR
No.M-626/2016 ...
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