Publication of E-Book on “Ready Reckoner on Regulatory Aspects of Articled/Audit Assistants: Capacity Building for CA Firms & Practitioners”: An Initiative of the Committee for Capacity Building of Members in Practice (CCBMP), ICAI The Committee for Capacity Building of Members in Practice (CCBMP), ICAI has taken an initiative to bring out a publication of E-book… Read More »
Committee on Accounting Standards for Local Bodies Announcement The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this direction, the Committee has finalised the Exposure Draft of ASLB 23, ‘Revenue from Non-Exchange Transactions… Read More »
ICAI allows Open Book Exam in the Elective Subjects of Paper 6 of Final (New) Course 2nd August 2018 Re: Open book exam in the elective subjects of Paper 6 of Final (New) course ICAI had introduced elective subjects in Paper 6 in the CA Final (New) course exam from May 2018 exam and onwards,… Read More »
UDIN for CA : Free Study Material Mandatory UDIN for All Attest / Assurance/Audit functions by CA’s from 1st July 2019 UDIN for Bank Audit by CA : FAQs UDIN Mandatory for GST and Tax Audit Reports from 01.04.2019 Help desk of UDIN for CA certificate 42 FAQs on UDIN for Chartered Accountant Certificate UDIN… Read More »
Accounting Policy Changes (Proposed amendments to IAS 8) Introduction In this Exposure Draft, the International Accounting Standards Board (Board) proposes to amend IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. The Board expects these amendments to facilitate the application of particular voluntary changes in accounting policy, improving the overall quality of financial reporting. Invitation… Read More »
Dear Professional Colleagues Greetings from Indirect Taxes Committee! We are glad to inform you that Indirect Taxes Committee of ICAI has come up with the fifteenth edition of GST E-Newsletter on GSTand with this, we have completed one year of this publication.The comprehensive publication contains latest GST updates, relevant articles on important issues under GST, initiatives… Read More »
Dear Professional Colleagues, Banking and other Financial Services were brought under the scope of Service Tax net from 16.07.2001. During the financial year 2017-18 the provisions of service tax applied till June 2017 and thereafter for 9 months provisions for GST law has been made applicable since July, 2017.Post GST regime the services provided by… Read More »
Draft Handbook on Accounting Treatment under GST – For Suggestions Dear Members or Other Stakeholders, The Committee has drafted a handbook on accounting treatment under GST given below. In this regard, we request you to provide your comments/suggestions at the link https://goo.gl/forms/92zwewildriB4apm2 or idtc@icai.in preferably in 15 days i.e 25th April, 2018. Your valuable suggestions… Read More »
Madam/Sir, We are pleased to share with you that the Institute of Chartered Accountants of India through its Committee for Professional Accountants in Business & Industry organizes various knowledge enriching programmes, Conferences, Industry Meet, Outreach Program for the benefit of the members in industry. The Committee invites proposals from Chartered Accountants, Bankers, Capital Market experts,… Read More »
ICAI/IDTC/2017-18/Rep/4 27th March, 2018 Shri Upender Gupta Commissioner, Goods and Services Tax Policy Wing Central Board of Excise & Customs, Department of Revenue, Government of India, North Block, New Delhi – 110 001 Respected Sir, Sub: ICAI’s suggestions on GST on specified issues The Institute of Chartered Accountants of India (ICAI), being the accounting regulator,… Read More »