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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Posted Date : 06-Jun-2018 , 09:39:36 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has signed a pact with its South African counterpart to establish a framework for making recognition of their members easier and promote mobility of professionals between the countries. The mutual recognition agreement (MRA) signed between th...
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Posted Date : 06-Jun-2018 , 09:03:49 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India is always committed to bring technological advancements in various processes of the Institute to better serve the members, students and other stakeholders. In this regard, ICAI has recently launched two online services for the benefit and ease of use o...
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Posted Date : 26-May-2018 , 10:15:08 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI has issued a framework for consistent, uniform and transparent valuation practices for its members. The Institute of Chartered Accountants of India (ICAI), in a release, said that it has issued valuation standards as a benchmark for valuation practices appli...
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Posted Date : 24-May-2018 , 08:52:26 am | Posted By CASANSAAR
Application Form for the Information Systems Audit (ISA) Assessment Test - June, 2018 Online Application Form Hard Copy Application Form...
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Posted Date : 15-May-2018 , 10:38:54 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) is a statutory body established for regulation of the profession of Chartered Accountants in India. ICAI, the second largest accounting body in the world is looking for a high profile and multi-faceted personality with proven leadership qualitie...
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Posted Date : 12-May-2018 , 09:33:11 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has issued notices to Indian arms of multinational auditing firms including Deloitte, PricewaterhouseCoopers, EY, KPMG, Grant Thornton and BDO, seeking details of corporate structures, investments and revenue. The body is investigating ...
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Posted Date : 08-May-2018 , 11:55:53 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI said it has entered into an arrangement with Chartered Accountants Australia & New Zealand whereby its members based in the two countries would be able to have membership of CA ANZ. The Institute of Chartered Accountants of India (ICAI) has ente...
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Posted Date : 03-May-2018 , 09:32:56 am | Posted By CASANSAAR
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has has approved the Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and The South African Institute of Chartered Accountants (SAICA). Details: Approval...
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Posted Date : 12-Apr-2018 , 08:29:07 am | Posted By CASANSAAR
A recent Supreme Court order has prompted the Institute of Chartered Accountants of India (ICAI) to set up a nine-member committee to examine the legal framework for the entry and exit of multinational audit firms in the country. ICAI vice-president Prafulla P Chhajed has been appointed as the co...
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Posted Date : 03-Apr-2018 , 02:17:11 pm | Posted By CASANSAAR
The President, in terms of the authority given to him by the Council at its 373rd meeting held on 12th February, 2018, has also nominated CA. Anil S. Bhandari, as member of the said Group. Accordingly, the revised composition of the said Group will be as under:- CA. Manu Agrawal, Convenor CA....
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Posted Date : 15-Mar-2018 , 09:46:31 pm | Posted By CASANSAAR
Cases of adoption/attempt to adopt unfair means are reported in respect of the examinations held every time. In respect of the Examinations held in November 2017, over 90 cases of infringement/ violation of Instructions to Examinees, which tantamounts to adoption of unfair means, were reported. The ...
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Posted Date : 08-Mar-2018 , 08:25:34 am | Posted By CASANSAAR
Advisory for the Members regarding Allocation of Work among the Joint Auditors in case of Bank Audits 1 As you are aware that ICAI has issued Standard on Auditing (SA) 299, “Responsibility of Joint Auditors”. Regarding allocation of work among the joint auditors, SA ...
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Posted Date : 28-Feb-2018 , 10:14:55 am | Posted By CASANSAAR
Press Release issued by ICAI ICAI, robust regulator of accounting and auditing profession in India, committed to conclude the disciplinary process against those found involved in the PNB scam ICAI is an autonomous regulator of accounting profession created by Chartered Accountants Act, 1949....
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Posted Date : 23-Feb-2018 , 10:31:40 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) on Thursday said that it has written to Reserve Bank of India seeking a list of corporate borrowers of public sector banks with over Rs 2,000 crore loan outstanding so that their accounts can be examined by Financial Reporting Review Board for a...
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Posted Date : 23-Feb-2018 , 10:22:48 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI said it has issued show-cause notices to the auditors of Punjab National Bank and Gitanjali Gems in connection with the Rs 11,400 crore fraud at the public sector lender. Besides, the institute has summoned a deputy general manager of the bank ...
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