Exposure Draft of Ind AS XBRL Taxonomy As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial Reporting Standards (IFRS) w.e.f F.Y. 2016-17. MCA has also notified… Read More »
The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988. Documents to be submitted in case of delay in submission of following Forms:
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] NOTIFICATION New Delhi, the 14th December, 2016 No.13-CA(EXAM)/ISA/December/2016/II.—In partial modification of the Institute’s Notification No.13- CA(Exam)/ISA/December/2016 dated 6th November, 2016, it is notified for general information that Kota and Thiruvananthapuram are added to the list of cities where the Information Systems… Read More »
Recent Decisions of Ethical Standards Board of ICAI for Chartered Accountants A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc. A chartered accountant cannot exercise lien over the client documents/records for non-payment of his fees. It is not permissible for CA… Read More »
Council Affairs/M-626/2016 28th December, 2016 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, The President, in terms of the authority given to him by the Council at its 351st meeting held on 12th February, 2016, has constituted a Group of Digital Transformation and Process Reengineering Committee with the following members:- CA. Sanjay Kumar Agarwal, (Convenor) CA.… Read More »
Draft Bank Branch Auditors’ Panel for year 2016-17 Dear Colleagues, Please find placed below Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2016-17 . To view your category and remarks thereof, if any, please click on the relevant interval:. MEF00001-05000 MEF05001-10000 MEF10001-15000 MEF15001-20000 MEF20001-25000 MEF25001-30000 MEF30001-35000 MEF35001-40000 MEF40001-45000 MEF45001-50000 MEF50001-55000 MEF55001-60000 MEF60001… Read More »
Exposure draft of The Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’ – (26-12-2016) The Committee on Accounting Standards for Local Bodies (CASLB) was constituted as a separate Committee in March, 2005, with the main objective of formulating Accounting Standards for Local… Read More »
Extension of last date for compliance of CPE Hours requirement for the year 2016 (ending block period 2014-2016) – from 31st December 2016 to 31st January 2017. – (23-12-2016) Subject: Extension of last date for compliance of CPE Hours requirement for the year 2016 (ending block period 2014-2016) – from 31st December 2016 to 31st… Read More »
ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued. – (22-12-2016) No. ICAI /ESB/2016/02 Announcement In pursuance of the decision taken at the 356th Meeting of Council held on 29th June – 1stJuly, 2016, the ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued. This Code applies… Read More »
Convocation – 2016-17 (II Round) – (19-12-2016) In order to promote a sense of comradeship among members and for bringing them closer to the Institute, the Institute of Chartered Accountants of India (ICAI) organize Convocations for distributing certificates to the newly qualified members. In fact, this is an occasion to mark the entry of the… Read More »