Icai

ICAI prez: Disciplinary committee probing Byju's auditing 'lapses'

Byju's financial disclosures had come under ICAI's scanner because of a 22-month delay in the submission of its financial reports

ICAI expects to finalise int'l networking guidelines for CA firms this FY

ICAI expects to finalise the international networking guidelines for Indian chartered accountant firms this fiscal, its President Ranjeet Kumar Agarwal said on Monday, as efforts continue to have big domestic CA firms that can compete globally. Currently, there are no guidelines for international networking of Indian CA firms. The Institute of Chartered Accountants of India (ICAI), which has more than four lakh members, is also working on ways as part of larger efforts to make the country a global accounting and auditing hub. Agarwal said at a briefing in the national capital that the institute is working on the international networking guidelines as the target is to make Indian CA firms bigger and global. With respect to aggregation of CA firms, the institute has charted out some strategies and steps have already been taken in this regard. For instance, if two CA firms are merging, they were earlier not allowed to demerge after five years of the merger. The time period has been .

ICAI framing compulsory qualifications for forensic audit professionals

The criteria may include mandatory completion of Forensic Standards Course and ICAI membership

NFRA gets legal opinion on ICAI's powers to issue audit standards

'Only govt can take final call on audit standards'

ICAI to knock on MCA door against proposed audit standard revision

The NFRA, after its board meet, has suggested revisions to 40 Standards on Auditing

ICAI CA 2025: Mock test papers timetable for Jan out at official website

ICAI has declared a mock test timetable for the Jan 2025 CA Inter exams with Series-I on Nov 18 and Series-II on December 9. Both physical and online are available for registered candidates

NFRA likely to notify revised audit standards soon amid ICAI concerns

ICAI feels that given the complexities of the Indian market, the revised standards will concentrate audit work in the hands of a few big firms

ICAI CA Inter 2024 Result: Merit list released, Mumbai's Parami Parekh tops

ICAI announced CA inter and foundation results today. Mumbai's Parami Umesh Parekh secured the top position, followed by Chennai's Tanya Gupta and New Delhi's Vidhi Jain

ICAI CA Foundation, Intermediate results 2024 Out

The ICAI released the CA Foundation and Intermediate exam results for the September 2024 session on October 30. Candidates can check their results using registration and roll numbers

ICAI Foundation, Inter results 2024 likely to be out soon; check details

According to reports, ICAI is likely to announce CA foundation results before Diwali, while CA intermediate results may be declared by mid-November

ICAI CA 2024: Final Admit Card for November exam out at official website

The ICAI has released the CA Final Admit Card 2024 for the November exam. Candidates for the final course exam can download it through the official website of ICAI services at eservices.icai.org

Observed 'gross negligence and audit failure' in audits of GFS: NFRA

Not only SA 600 but Principal Auditors must fulfil duties under Companies Act 2013, it says

NFRA to seek views from Big 5 audit cos on second draft inspection report

The NFRA report highlights serious violations of Section 144 of the Companies Act, which bans firms from offering certain non-audit services to their audit clients

ICAI forms group on stress management; to introduce counselling help desk

Chartered accountants' apex body ICAI on Monday announced the setting up of a dedicated group to suggest more stress management measures and will also introduce a counselling help desk against the backdrop of the death of a chartered accountant due to alleged work pressure. The institute will also develop peer support networks where members can share experiences, seek advice, and collaborate to address challenges related to stress management. Chartered accountant Anna Sebastian Perayil recently died allegedly due to extreme work pressure. She worked with S R Batliboi, a member firm of EY Global. The dedicated group will work on introducing measures to improve work-life balance and for managing stress within the profession, ICAI said in a release. Also, a special counselling help desk will be introduced within ICAI's national call centre (9997599975) that will be dedicated to assisting members with stress management and work-life balance concerns. The Institute of Chartered Account

NFRA, ICAI clash over proposed changes in auditor responsibility for firms

The NFRA's proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd

ICAI at loggerheads with NFRA on proposed revision of audit standards

The revised standards hold that the group auditor is ultimately responsible for the audit

ICAI calls for a pause in audit standards revision process by NFRA

The difference of opinion between ICAI and NFRA on the revision of auditing standards in India has come to the fore once again

NFRA issues revised audit standards to address deficient quality

The revised standards deal with special considerations that apply to an audit of group financial statements

ICAI CA Inter exams begin today: Important documents to carry to exam hall

ICA CA Inter exams 2024 are starting today; exams are scheduled to take place from Sept 12 to 23, in the afternoon shift for all the papers from 2 pm to 5 pm

CA November 2024: ICAI to restart application window for Final, PQC exams

ICAI will extend the registration period for the CA final and PQC exams. The institute extended the last date after receiving requests from students