THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA IMPORTANT ANNOUNCEMENT Subject: Information System Audit – Assessment Test (ISA – AT), December 2018 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 22 nd December, 2018 (Saturday) from 9.00… Read More »
Technical Guide on the Functioning of Audit Committee & Its Review Checklist The Audit Committee is inter alia responsible for liaison with the management; internal and statutory auditors, reviewing the adequacy of internal controls and compliance with the significant policies, procedures and reporting to the Board on key issues. The idea of having independent directors… Read More »
Institute of Chartered Accountants of India Invitation to Empanel as a Resource Person to bring out Industry Specific Booklets on GST on Various Sectors – (24-10-2018) Madam/Sir, The Committee for Members in Industry & Business (CMI&B) of ICAI has taken an initiative to bring out industry specific booklets on GST on various sectors i.e. Retail,… Read More »
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) Misc/PRG/LE-6/2018 October 17, 2018 The Editor Hindustan Times, Mumbai 6th /9th Floor, Tower 2, Indiabulls Finance Centre LBS Marg, Senapati Bapat Marg, Prabhadevi Mumbai – 400013 Dear Sir Sub: News Item titled “EOW books Ghatkopar CA for cheating 50 clients of Rs. 7.40cr”… Read More »
PRESS RELEASE by ICAI on 10.10.2018 Mandatory Usage of UDIN by Chartered Accountants w.e.f. 1st January, 2019 to prevent forgery The Division Bench of Hon’ble Calcutta High Court had passed an order on 21st June, 2018 in the matter of ITAT 22/2015 in respect of Binod Kumar Agarwala vs Commissioner of Income Tax wherein ICAI… Read More »
October 8th, 2018 Subject: Zone / City – shifting of candidates for NOVEMBER – 2018 CA Exams Due to paucity of accommodation in certain Zones opted by the candidates in the cities of Ahmedabad, Bhopal, Chennai, Delhi, Hyderabad, Indore and Vadodara some of the candidates have been allotted examinations centres in the zone other than the zone… Read More »
Exposure Draft of Accounting Standard (AS) 40, Investment Property ICAI issued exposure Draft of Accounting Standard (AS) 40 : Investment Property (Comments to be received by November 10, 2018) – (10-10-2018) Download Click here
ICAI Code of Ethics 2018 GUIDE TO THE CODE (This Guide is a non-authoritative aid to using the Code.) Purpose of the Code This ICAI Code of Ethics is applicable from 1 April, 2019. Where guidance contained in this Code relates to engagements commencing prior to that date, previous guidance may be applied up to… Read More »
Exposure Draft of Accounting Standard (AS) 38, Intangible Assets Download Exposure Draft of Accounting Standard (AS) 38, Intangible Assets (Comments to be received by November 2, 2018) Click here –
Mandatory UDIN for Chartered Accountants Certificate w.e.f 01.01.2019 ANNOUNCEMENT by ICAI on 26.09.2018 Unique Document Identification Number (UDIN) 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,… Read More »