ICAI mandates CAs to file Know Your Members (KYM) from 2023-2024

ICAI has notified CAs to file ‘Know Your Members’ (KYM) from 23-24 onwards. KYM also called as “Know Your Member” is a yearly activity. It is mandatory for members to file for KYM 2023-24 onwards. One of the fundamental prerequisites for ICAI’s regulatory functions is the ability to get member information and related documents. We are …

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Exposure Draft Guidance Note on Transfer of Capital Reserve

Exposure Draft of Guidance Note on Transfer of Capital Reserve (Last date of comments: 20th April, 2023) – Research Committee of the Institute of Chartered Accountants of India invites comments on any aspect of this Exposure Draft of the ‘Guidance Note on Transfer of CapitalReserve’. Comments are most helpful if they indicate the specific paragraph …

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SOCIAL AUDIT STANDARDS

SOCIAL AUDIT STANDARDS- Effective Date: These Social Audit Standards will be applicable from the date of their hosting on ICAI website Issued by Sustainability Reporting Standards BoardThe Institute of Chartered Accountants of India (Set up by an Act of Parliament) Social Audit Standard (SAS) 100

Implementation Guide to Standard on Auditing (SA) 580 Written Representations

Implementation Guide to Standard on Auditing (SA) 580 Written Representations The Auditing and Assurance Standards Board (AASB) is a non- standing Committee of the Institute of Chartered Accountants of India (ICAI). The prime objective of AASB is formulating Engagement and Quality Control Standards (Standards on auditing, review, other assurance, quality control and related services). AASB …

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ICAI EXTENSION OF LAST DATE FOR ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR MAY/JUNE 2023 EXAM

ICAI IMPORTANT ANNOUNCEMENT- EXTENSION OF LAST DATE FOR ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR MAY/JUNE 2023 EXAMINATIONS UP TO 15TH MARCH 2023. It has been decided to extend the Last date of online empanelment of members to act as observers at the examination centres for the Chartered Accountants’ Examinations, May/June 2023, up to …

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ICAI CA 2023: Application correction window will open today; Steps to apply for application correction

4 March 2023, the Chartered Accountant (CA) May-June 2023 application correction window will be opened by the Institute of Chartered Accountants (ICAI). The official website, icai.org, is where candidates who have registered for the CA May-June test 2023 can edit their application. The form correction window will open today at 10 AM and close on 10 …

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“Corporate Affairs” – It is a weekly newsletter with latest updates, news, circular & notification [Period 06/12/22 to 12/12/22]

A Primer on the Concept of Social Stock Exchange

A Primer on the Concept of Social Stock Exchange- Social Stock Exchange (SSE) is a new concept in India, developed to strengthen the social sector in the country and Sustainability Reporting Standards Board (SRSB) is playing a pivotal role in development of profession of social auditors. In this context SRSB has released this publication covering …

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Cabinet approves signing of Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) and The Institute of Chartered Accountants in England & Wales (ICAEW)

The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved the signing of Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) and The Institute of Chartered Accountants in England & Wales (ICAEW). The MoU is to provide recognition of the qualification, training of each others members and …

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ICAI appoints new president, vice president for 2023-24

ICAI elects New Torchbearers for the year 2023-24 The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new president and vice-president for the term 2023-24. Aniket Sunil Talati has been elected as the president of ICAI and Ranjeet Kumar Agarwal as vice president. The Council of the Institute of Chartered Accountants of …

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Last date Today for verification of CA Final, Inter

ICAI CA Final, Inter Nov Result 2022 Verification last date today verify their results, the ICAI released on January 21, 2023 and the last date is today, January 9, 2023. Candidates who still have not verified their results are advised to do so as the link will close today by the end of the day. The results …

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Announcement for Students at Intermediate and Final level eligible for appearing in November, 2023 CA Examination

Announcement for Students at Intermediate and Final level eligible for appearing in November, 2023 CA Examination

Announcement for Students at Intermediate and Final level eligible for appearing in November, 2023 CA Examination Students may note that November 2023 CA Intermediate and Final Examinations would be held under the existing Scheme of Education and Training.

Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships

Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships for comments The Accounting Standards Board (ASB) of the ICAI in June 2022 had issued Technical Guides on “Financial Statements of Non-Corporate Entities” and “Financial Statements of Limited Liability Partnerships” to deal with applicability of Accounting Standards and …

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ICAI celebrated its 73rd Annual Function

ICAI celebrated its 73rd AnnualFunction today wherein Chief Guest Shri @arjunrammeghwal, Hon’ble MoS appreciated ICAI for its WeCare Initiative & said ICAI should participate in G20India & SCO summits to showcase efforts of CA fraternity in economic development of the Nation.

Important Announcement – Results of the Post Qualification Course Examinations

Important Announcement – Results of the Post Qualification Course Examinations ([ISA] Assessment Test, International Taxation Assessment Test & Insurance & Risk Management) are likely to be declared on Friday, 3rd February 2023Details Examination DepartmentThe Institute of Chartered Accountants of India2nd February, 2023 IMPORTANT ANNOUNCEMENT The results of the following Post Qualification Course Examinations are likely …

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ICAI CA Foundation Result 2022 (TODAY)

Institute of Chartered Accountants of India, ICAI is expected to release the ICAI CA Foundation Result for December 2022 Exam soon. According to reports, the foundation exam results will be available on December 30, 2023. The results will be made public on the official website, icai.org. According to previous patterns, the ICAI announces the results …

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MULTIPURPOSE EMPANELMENT FORM 2022-23

MULTIPURPOSE EMPANELMENT FORM 2022-23 : http://meficai.org/ We are pleased to inform that the Draft Bank Branch Auditors’ Panel (MEF) of Chartered Accountants/firms for the year 2022-23 has been hosted at meficai.org Click here for Draft Panel Kindly note that it is a Draft Panel and the category of the applicants of Multipurpose Empanelment Form for the year …

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ICAI CA Foundation 2022: Result is expected to be out today

Institute of Chartered Accountants of India (ICAI) is expected to announce the ICAI CA Foundation result for December 2022. When the results are released, they will be accessible for download at icai.org, the official website. In order to see and download the CA Foundation results, candidates will require their application number and six-digit pin. The offline mode …

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ICAI is hosting a series of Guidance webinars to assist members; free

Webinar on Awareness on MCA21 V3 Company filings on 23 January 2023 from 3:00 pm to 5:00 pm – (23-01-2023) Webinar on MCA 21 –Version 3 GuidanceEdition # 16-January 23, 2023 | Time : 3:00 pm to 5:00 pmFees : Nil The Ministry of Corporate Affairs has launched Version – 3 of MCA-21 Portal and …

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ICAI: Practice Management Software for CA Practitioners & CA Firms

Practice Management Software for CA Practitioners & CA Firms An Advanced Practice Management Software to Enhance Operational Efficiency.Register for the Practice Management Software Practice Management Software Register Here It’s Time to Streamline Your Firm. PRACTICE MANAGEMENT SOFTWARE FOR CA FIRMS Managing an CA firm requires keeping everyone on the same page. You need one-stop practice …

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CA Foundation Result December 2022

The Institute of Chartered Accountants of India (ICAI) will declare the CA Foundation December 2022 result tentatively between January 30 to February 6, 2023. ICAI will release the result of CA Foundation 2022 exam on its official website – icai.nic.in. The institute will also provide the CA Foundation result 2022 to the candidates on their registered email …

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Exposure Draft on International Tax Reform- Pillar Two Model Rules (proposed amendments to IAS 12)

Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB) of IFRS Foundation. The IASB, before issuing the new/amendments to IFRS Standards, issues consultative documents [such as Discussion Paper (DP), Exposure Draft (ED) etc] seeking public comments from across the globe. The Accounting Standards Board (ASB) …

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