Category Archives: ICAI

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019

By | May 15, 2019

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019 We are pleased to share that the Accounting Standards Board (the Board/ ASB) of Institute of Chartered Accountants of Indian (ICAI) has released e-version of Compendium of Indian Accounting Standards (Ind AS). As you are aware the Ind AS recommended by the ICAI, are… Read More »

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 by ICAI

By | May 15, 2019

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 India, has in the recent times witnessed a glut of financial frauds in forms of ponzi schemes, chit fund scams etc. In order to deter the illegal operators from running such deposit schemes luring deposits, and to regulate them, the government brought in the ‘Banning… Read More »

Compendium of Ind AS (E-version) w.e.f April 01, 2019 : released by ICAI

By | May 3, 2019

ICAI releases Compendium of Ind AS (E-version) effective from April 01, 2019 ICAI releases Compendium of Ind AS (E-version) effective from April 01, 2019 ICAI Press Release Indian Accounting Standards Framework (Ind AS Framework) is based on IFRS Standards. IFRS Standards undergo regular upgrades due to issuance of new Standards and amendments in existing Standards… Read More »

CA Exam postponed by ICAI

By | May 3, 2019

IMPORTANT ANNOUNCEMENT Dated 3rd may 2019 In partial modification of the Institute’s Notification No. 13-CA(Exam)/M/2019 dated 11th March, 2019, it is notified for general information that due to certain unavoidable circumstances, Paper – 3 of Foundation Examination and Paper 4 & 5 of Final Examination {Old as well as New Scheme} stand postponed and the… Read More »

ICAI Expert Panel for Addressing Bank Audit Queries FY 2018-19

By | April 3, 2019

 Expert Panel for Addressing Bank Branch Audit Queries for FY 2018-19 AUDITING AND ASSURANCE STANDARDS BOARDCONSTITUTES EXPERT PANEL FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES FOR THE FINANCIAL YEAR 2018-19  Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typical in terms of its geographical and… Read More »

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 »