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Posted Date : 27-Apr-2024 , 09:43:20 am | Posted By CASANSAAR
The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students. An ICAI notification—gaz...
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Posted Date : 15-Mar-2024 , 08:30:40 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) has found gross negligence by edtech firm Byju's auditors, ICAI president Ranjeet Kumar Agarwal said on Wednesday. "Our inspection has found gross negligence on accounting practices by individual auditors of Byju's an...
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Posted Date : 06-Feb-2024 , 01:18:52 pm | Posted By CASANSAAR
The Enforcement Directorate (ED) raided premises linked to Delhi Chief Minister Arvind Kejriwal’s personal secretary Bibhav Kumar, and Aam Aadmi Party (AAP) Rajya Sabha MP, Past President of ICAI Sh.ND Gupta in connection with a money laundering probe related to the Jal Board case. The cent...
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Posted Date : 31-Oct-2023 , 07:28:54 am | Posted By CASANSAAR
A bench of justice Bharav D Karia had observed that the activity of a CA includes that of accounting, auditing, refereeing, receivers, arbitrators and special commissioners as prescribed by the ICAI to be carried out on-premises and at places of managing partner may determine The Gujarat high cou...
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Posted Date : 20-Jul-2023 , 07:30:34 am | Posted By CASANSAAR
Notice Sent to Kumar Vishwas by Advocate (CA) Dr. Suneel Maggo for his Derogatory Remarks against Professionals (Chartered Accountants and Company Secretaries). We had discussed the matter with Advocate Suneel Maggo and the same has been uploaded on the youtube but on the pressure of Kumar Vishwa...
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Posted Date : 23-Jun-2023 , 08:17:37 pm | Posted By CASANSAAR
The Council, in its 420th meeting held on 23rd-24th March, 2023, decided that revocation of UDINs would now be possible within 48 hours from the time of its generation. This means that now onwards, the members will be able to revoke the UDINs, if they so desire, only within 48 hours from the time th...
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Posted Date : 07-Jun-2023 , 07:01:50 am | Posted By CASANSAAR
Statutory auditors may have cause for cheer as a new mechanism in the form of a common balance confirmation portal is now being put in place to provide “external confirmation of balances” for aiding the audit of financial statements. Over the years, auditors have been using &ldq...
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Posted Date : 18-May-2023 , 08:14:23 am | Posted By CASANSAAR
The Union Cabinet, chaired by the Hon'ble Prime Minister Shri Narendra Modi, approved the signing of Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the Maldives (CA Maldives). Details: ICAI and CA Maldives ai...
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Posted Date : 02-Mar-2023 , 07:35:36 am | Posted By CASANSAAR
This Order disposes the Show Cause Notice (SCN) No. RV-13012/1/2022-IBBI/283/4233, dated 04.11.2022 issued to Ms. Gunjan Agarwal under rule 17 read with 15 of Companies (Registered Valuers and Valuation) Rules, 2017 (Valuation Rules). The Insolvency and Bankruptcy Board of India (IBBI/Board) has bee...
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Posted Date : 02-Mar-2023 , 07:28:55 am | Posted By CASANSAAR
This Order disposes the Show Cause Notice (SCN) No. RV-13012/1/2022-IBBI/284/4234, dated 04.11.2022 issued to Mr. Sandeep Kumar Agarwal under rule 17 read with 15 of Companies (Registered Valuers and Valuation) Rules, 2017 (Valuation Rules). The Insolvency and Bankruptcy Board of India (IBBI/Board) ...
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Posted Date : 21-Feb-2023 , 09:30:08 pm | Posted By CASANSAAR
ICAI President CA. Aniket Sunil Talati has announced that the Chartered Accountants from India who lives in Singapore for more than 6 months can automatically acquire the membership of the Singapore Institute without an exam. CA. Aniket Sunil Talati was delivering a speech in Kolkata. CLICK ON TH...
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Posted Date : 12-Feb-2023 , 05:13:59 pm | Posted By CASANSAAR
ICAI elects New Torchbearers for the year 2023-24. The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2023-24. CA. Aniket Sunil Talati has been elected as the President and CA. Ranjeet Kumar Agarwal has been e...
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Posted Date : 24-May-2022 , 09:00:13 am | Posted By CASANSAAR
Amid some chartered accountants coming under the scanner for alleged fraudulent GST refunds, Finance Minister Nirmala Sitharaman held discussions with a delegation of chartered accountants' apex body Institute of Chartered Accountants of India (ICAI) on "various issues" on Monday. ...
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Posted Date : 21-May-2022 , 09:08:57 am | Posted By CASANSAAR
The Central GST office here was locked for several hours by chartered accountants on Thursday night as a protest against the arrest of two fellow CAs over an alleged Rs 15-crore GST refund scam. On Friday, the police said the protest by the CAs is still continuing but the GST office has been allowed...
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Posted Date : 18-May-2022 , 07:24:32 am | Posted By CASANSAAR
Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 9th July 2022 (Saturday) from 9 AM to 1 PM (IST) at the following cities provided that sufficient number of can...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
