Category Archives: ICAI

Complaint against CA for sexual harassment can be entertained by ICAI : Delhi HC

By | March 6, 2019

HIGH COURT OF DELHI Lalit Agrawal v. Institute of Chartered Accountants of India VIBHU BAKHRU, J. W.P. (C) NO. 10020 OF 2016 CM NOS. 39730 OF 2016 AND 35843-35844 OF 2018 FEBRUARY  11, 2019 Ashok Bhalla for the Petitioner. Ms. Pooja M. Saigal, Adv. for the Respondent. JUDGMENT 1. The petitioner is a practicing Chartered Accountant and a member… Read More »

LIC Term Insurance for Chartered Accountants

By | February 13, 2019

LIC Term Insurance for Chartered Accountants ICAI-LIC Group Term Insurance SchemeArranged by:Committee for Capacity Building of Members in Practice (CCBMP) The Committee for Capacity Building of Members in ICAI is facilitating ICAI-LIC Group Insurance Scheme for Chartered Accountant Members and their spouse. The salient features of the scheme: Competitive rate of premium for Insurance. Payment… Read More »

UDIN mandatory for all Chartered Accountant Certificates wef 1.2.2019

By | January 25, 2019

ANNOUNCEMENTUDIN mandatory wef 1st Feb., 2019 for all Certificates [ Refer UDIN for CA : Free Study Material ] It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and Stakeholders. ICAI is also receiving number of complaints of signatures of CAs being forged… Read More »

UDIN system for CAs for Document Verification

By | January 25, 2019

UDIN: An Advanced Solution for Document Verification issued by Chartered Accountant Video Explanation by CA Satbir Singh in Hindi on UDIN system for CAs for Document Verification What is Unique Document Identification Number (UDIN)? Unique Document Identification Number (UDIN) is a unique number, which will be generated by the system for every document certified/ attested by… Read More »

Guidance Note Bank Audit 2019 Section B – Foreign Exchange Transactions and Integrated Treasury

By | January 19, 2019

Guidance Note on Audit of Banks 2019 edition: Section B – Foreign Exchange Transactions and Integrated Treasury issued by the Auditing and Assurance Standards Board – (18-01-2019) Download Guidance Note on Audit of Banks 2019 edition Section B – Click here Related Post Guidance Note on Audit of Banks 2019

Extension of CPE hours requirement for Calendar Year 2018

By | January 16, 2019

Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2018” – from 31st December, 2018 to 31st January, 2019 – (11-01-2019) FOR INFORMATION OF THE MEMBERS Subject: Extension of last date “for complying with the CPE hours requirements for the Calendar Year 2018” – till 31st January, 2019 This… Read More »

Onerous Contracts – Cost of Fulfilling a Contract (Proposed amendments to IAS 37)

By | January 2, 2019

Onerous Contracts – Cost of Fulfilling a Contract (Proposed amendments to IAS 37) – (02-01-2019) Introduction In this Exposure Draft, the International Accounting Standards Board (Board) proposes to amend IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The amendments specify the costs an entity includes in determining the ‘cost of fulfilling’ a contract for the… Read More »

ICAI made mandatory UDIN for Chartered Accountants w.e.f 1st Feb., 2019 

By | December 28, 2018

Institute of Chartered Accountants of India ANNOUNCEMENT UDIN – A way to authenticate document As you are aware that to secure the certificates/documents attested/certified by practicing Chartered Accountants and for tracing forged/wrong documents prepared by any third person misrepresenting himself as a Chartered Accountant, ICAI had implemented an innovative concept of UDIN i.e. Unique Document… Read More »

ICAI online Survey on “State of the Internal Audit Profession in India”

By | November 21, 2018

Survey on the “State of the Internal Audit Profession in India” by Internal Audit Standards Board, ICAI – Seeking Member’s Inputs – (20-11-2018) SURVEY ON THE STATE OF THE INTERNAL AUDIT PROFESSION IN INDIA BY INTERNAL AUDIT STANDARDS BOARD, ICAI Dear Member, Internal Audit Standards Board (IASB) of The Institute of Chartered Accountants of India… Read More »

Application for Scholarships from The Chartered Accountants Student Benevolent Fund for The Year 2018-19

By | October 26, 2018

Application for Scholarships from The Chartered Accountants Student Benevolent Fund for The Year 2018-19 – (25-10-2018) The Board of Trustees has decided to provide financial assistance of Rs. 1500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2000/- P.M. for those students registered for final course and are currently undergoing… Read More »