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Posted Date : 07-May-2017 , 07:37:48 pm | Posted By CASANSAAR
Chartered accountants’ apex body ICAI has asked its members to ensure that companies have made adequate disclosures about transactions involving canceled notes post demonetisation till December 30, 2016. Companies are required to disclose details about transactions involving scrapped notes fro...
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Extension of last date for submission of Application Forms in respect of CPT June, 2017 Exams - ICAIPosted Date : 02-May-2017 , 10:26:04 am | Posted By CASANSAAR
1st May, 2017 CPT is scheduled to be held on 18th June, 2017. Students who have registered for the Common Proficiency Course on or before 3rd April, 2017 and fulfill the eligibility requirements are eligible to apply for the exam. The last date for submission of exam application forms ...
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Posted Date : 28-Apr-2017 , 09:30:36 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI said it has initiated disciplinary action against four of its members for "misconduct" with respect to offering advice on exchanging old currency notes for new ones. As part of efforts to fight the black money menace as well as curb corrup...
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Posted Date : 27-Apr-2017 , 10:29:48 am | Posted By CASANSAAR
25th April 2017 – Requirements for passing Information Systems Audit (Assessment Test) It is hereby informed that in exercise of the authority vested with it under Regulation 204 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India...
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Posted Date : 26-Apr-2017 , 09:48:35 am | Posted By CASANSAAR
The post qualification courses for members conducted by ICAI include the following: Management Accountancy Course (MAC) Tax Management Course (TMC) Corporate Management Course (CMC) and International Tax Laws and World Trade Organisation Course (ITL & WTO) Examinations in respect of the a...
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Posted Date : 21-Apr-2017 , 08:53:18 am | Posted By CASANSAAR
The ministry of corporate affairs (MCA) has constituted a high-level committee to review disciplinary rules and regulations governing chartered accountants, company secretaries and cost accountants. The six-member committee, chaired by retired IAS officer Meenakshi Datta Ghosh, has been tas...
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Posted Date : 19-Apr-2017 , 04:46:34 pm | Posted By CASANSAAR
I. Members who have not shared their PAN with ICAI It has been informed by the Income Tax Department that the e-Filing account of the members, who have not provided their PAN details to the Institute but are using e-filing account with Income Tax Department, will be blocked by the In...
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Posted Date : 14-Apr-2017 , 09:06:13 am | Posted By CASANSAAR
Chartered accountants' apex body ICAI said disciplinary "proceedings" have been initiated against members allegedly involved in money laundering through dubious companies. Asserting that the matter of such members would be dealt with seriously, the Institute of Chartered Accou...
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Posted Date : 31-Mar-2017 , 08:56:25 am | Posted By CASANSAAR
The Institute of Cost Accountants of India (ICAI) has signed an MoU with TCS iON for deploying the latter's digital content market place platform (Digital Hub) as a part of its digitisation drive. The institute's digitisation efforts through the Digital Hub would provide students an...
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Posted Date : 10-Mar-2017 , 07:16:34 am | Posted By CASANSAAR
In continuation of our efforts to help our members acquire CPA designation, we are pleased to inform you that we have launched a helpline platform in this regard. We are very fortunate to have our members Dweep Mehta, Priyanka Baidya, Saoli Chakraborty (recent successfu...
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Posted Date : 09-Mar-2017 , 09:01:36 am | Posted By CASANSAAR
The Institute of Cost Accountants of India (ICAI) plans to train 15 lakh traders across the country over the next one year in GST basics, according to CMA Manas KR Thakur, National President. Addressing a press conference here, he said, “We were among several other professional bodies who h...
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Posted Date : 01-Mar-2017 , 08:04:02 am | Posted By CASANSAAR
The Auditing and Assurance Standards Board of the ICAI has today issued the Guidance Note on Audit of Banks 2017 edition. For the benefit of the members, complete text of the Guidance Note and the contents of accompanying CD can be downloaded at the following links: Guidance Note on Audi...
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Posted Date : 15-Feb-2017 , 08:47:10 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) is toying with the idea of introducing the concept of “temporary suspension” of erring members as part of broader improvement of its disciplinary mechanism of the audit profession, said Nilesh Vikamsey, newly elected President. &l...
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Posted Date : 14-Feb-2017 , 07:45:30 am | Posted By CASANSAAR
[TO BE PUBLISHED IN PART III, SECTION 4 OF THE GAZETTE OF INDIA, EXTRAORDINARY DATED, 9TH FEBRUARY, 2017] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA New Delhi, the 9th February, 2017 NOTIFICATION No.1-CA(7)/179/2017:- In exercise of the powers conferred under sub-secti...
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Posted Date : 12-Feb-2017 , 10:11:01 pm | Posted By CASANSAAR
New President & Vice-President of ICAI CA Nilesh S Vikamsey & CA Naveen ND Gupta elected as President & Vice President of ICAI for the F.Y. 2017 - 18. Many Many Congrats from the team of CASANSAAR. CA.Vivek Khurana (Founder - CASANSAAR) With Newly Ele...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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