Tag: Ca news

ICAI Warns Against Cybercrime Threats to Digital Platforms

This is the latest update from ICAI. Institute of Chartered Accountants of India (ICAI) noticed that repeated unsuccessful attempts were made recently to gain unauthorized access to its digital portals and digital information systems. 

ICAI operates and maintains multiple Digital Platforms including websites, web applications, mobile applications, portals, APIs, databases and other information technology resources. Any attempted unauthorized access, hacking, probing, manipulation, disruption, data extraction, data theft, misuse or any other unauthorized activity directed against ICAI’s digital infrastructure is strictly prohibited and punishable offence under Information Technology Act, 2000 and Bharatiya Nyaya Sanhita, 2023. 

Such acts may, inter alia, include the following:

  • Unauthorized access to computer systems and computer resources, hacking, tampering with computer source documents, and theft, alteration, deletion or misuse of electronic data.
  • Identity theft, impersonation, cheating using computer resources and online fraud.
  • Unauthorized access to or attacks on protected computer systems and critical digital infrastructure.

ICAI follows a Zero Tolerance Policy towards cybercrime. ICAI continuously monitors and secures its digital infrastructure using appropriate technical, administrative, and legal measures. Any suspicious or unauthorized activity or attempts to hack the systems or digital platforms or data theft or misuse or similar such unauthorized and illegal activities will be dealt with sternly in accordance with law to ensure that the perpetrators would be severely punished. 

It is recommended that all users avail ICAI digital services only through its official ICAI website and authorized applications. Users are advised to exercise due care and caution against phishing emails, fake websites, fraudulent mobile applications or any other attempt to impersonate ICAI. ICAI shall not be responsible for any loss arising from the use of unauthorized platforms or disclosure of credentials to unauthorized persons. 

Warning: Any person attempting to compromise, interfere with, or misuse ICAI’s digital platforms, networks, or information systems should note that ICAI has comprehensive audit trails and security monitoring mechanisms in place. All incidents of unauthorized access or attempted intrusion shall be dealt with firmly, and the Institute will pursue all remedies available under the law.

ICAI Announcement Revised Code of Ethics (13th edition)

The revised Code of Ethics (13th edition)- Volume-I, II & III is applicable with effect from April 01, 2026 except for the s.no. (xxxi).

The s.no. (xxxi) “Assessment and evaluation of Social Impact, CSR Impact, Business Responsibility and Sustainability Reporting, and the like” of Management Consultancy and other services issued under Section 2(2)(iv) of the Chartered Accountants Act, 1949 in Code of Ethics, Volume-I is effective from December 11, 2025.

The revised Code of Ethics (13th edition) is accessible on www.icai.org at the following links:-

Code of Ethics Volume – I – Domestic provisions of the Chartered Accountants Act,1949 and Regulations, etc., Council Guidelines and decisions.

Link- https://resource.cdn.icai.org/92475coe2026v1.pdf

Code of Ethics Volume – II– Converged with International Ethics Standards Board for Accountants (IESBA) Code of Ethics 2024 edition.

Link- https://resource.cdn.icai.org/92476coe2026v2.pdf

Code of Ethics Volume –III– Ethics Standards for Sustainability Assurance (including independence standards).

Link- https://resource.cdn.icai.org/92477coe2026v3.pdf

Secretary, ICAI

Policemen beat up a CA: A Call for Justice and Accountability

A horrifying incident of police brutality has come to light in the Jaisinghpura area of Jaipur, where a senior citizen was mercilessly beaten up by the police in front of his son. The victim, identified as Chiranjilal (35), sustained serious injuries as a result of the police assault.

Chiranjilal, a resident of Jaisinghpura, works in a private company. The unfortunate altercation occurred when his wife, Dimple, arrived at her in-laws’ house with the police on Tuesday. With family members absent at home, Dimple attempted to forcefully enter the premises, prompting neighbors to alert Chiranjilal.

Upon Chiranjilal’s arrival, inquiring about the reason for the police presence and the attempt to break in, the situation took a violent turn as the police officers initiated the assault.

Even in the face of his son’s desperate attempts to intervene, the police officers remained relentless in their aggression, causing Chiranjilal severe harm. The officers proceeded to bring him to their vehicle while also arresting several of his family members. Shockingly, when female family members attempted to intervene, they were met with physical aggression from a policewoman.

As a result of the deplorable assault, Chiranjilal sustained a serious injury to his hand and his eye swelled. The Deputy Commissioner of Police (West), Amit Kumar, has ordered a thorough investigation into this distressing incident, emphasizing the gravity of the situation and denouncing the wrongful actions of the police officers.

The orders for an extensive departmental inquiry reflect the urgency to address this appalling abuse of power. The authorities must ensure that those responsible for this reprehensible act are held accountable for their actions.

This incident serves as a stark reminder of the importance of upholding the principles of justice and fairness, even within the custodians of law and order. It is essential that those entrusted with upholding the law adhere to the highest standards of ethics and conduct, treating citizens with the dignity and respect they deserve.

The aftermath of this vicious assault underlines the urgent need for accountability and reform within law enforcement agencies. The collective hope is for justice to prevail and for steps to be taken to prevent such egregious abuses from recurring in the future.