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ICAI STATEMENT
No sensitive examination-related info compromised, says chartered accountants' body ICAIThe Institute of Chartered Accountants of India has responded to circulating rumors regarding the integrity of its examination data, assert...- India, Cyprus to collaborate in research and technology fieldsIndia and Cyprus leaders met to boost cooperation. They signed MoUs on innovation, technology, and higher education. Space sector partnersh...
- India may soon notify new audit standards after prolonged regulatory tussleIndia's corporate affairs ministry is set to announce new audit rules. These changes will bring Indian standards in line with global practi...
- ICAI defers adoption of new quality management standards by accountancy firmsThe Institute of Chartered Accountants of India has postponed its new quality management standards. These standards were set to be implemen...
- CAG engaging CA firms will not compromise auditor's independence, says ICAIICAI defended CAG's decision to engage CA firms for auditing central autonomous bodies, asserting it enhances audit quality and efficiency,...
- Railways' switch to accrual-based accounting to boost multilateral, green financing: ICAIIndian Railways has fully transitioned to accrual-based accounting for the 2023-24 fiscal year. This shift, supported by the ICAI, enhances...
- Tax portal glitches: ICAI makes presentations to Finmin officials, Infosys representativesThe meeting was chaired by Finance and Corporate Affairs Minister. Revenue Secretary Tarun Bajaj, CBDT Chairman Jagannath Mohapatra and oth...
- India to release forensic accounting and investigation standards, first country to do soThe ICAI has constituted a committee to deliberate on the FAIS, which is expected to come out by the end of this year, said Atul Kumar, pre...
- ICAI to review Yes Bank’s financial statementsAs far as the management of the enterprise is concerned, the FRRB would inform about any irregularity to the relevant regulatory body.
- ICAI Accounting Research Foundation to oversee reopening of IL&FS booksIn a release, the Institute of Chartered Accountants of India (ICAI) Monday said ICAI ARF has been assigned the task of "reopening" of the ...
- Punished auditors involved in Satyam case; no powers to act against CA firms: ICAIOn Wednesday, Sebi imposed a two-year ban on Price Waterhouse network entities from issuing audit certificates to any listed company in Ind...
- ICAI, Railways ink pact for accrual-based financial statements"It will also pave way for best financial management practices to be introduced in Indian Railways," ICAI said in a release.
- ICAI reviews financial statements of Vijay Mallya group firmsThe move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.
- M. Devaraja Reddy is new ICAI presidentThe Institute of Chartered Accountants of India (ICAI) has elected M. Devaraja Reddy as its new President. Reddy, who has been a chartered ...
- Election Commission, ICAI to help make political parties' financials more transparentThe Election Commission will work with the chartered accountants' apex body ICAI to make the financial statements of political parties more...
- ICAI gearing up to meet challenges on new accounting normsThe government had recently come out with a roadmap for implementation of Ind AS for companies other than banking companies, insurance comp...
- Full accounting shift for hedging tools on holdICAI has said that most Indian cos, barring a few big ones, will not have to follow a stringent rule that mandates incorporation of valuati...
- Forged audits at SMEs; ICAI tracks spreadThe Institute of Chartered Accountants of India (ICAI) has unearthed cases of financial statements and audit reports of certain companies w...
- Price Waterhouse disappointed at ICAI's statementPrice Waterhouse said that it was 'surprised' at statements made by ICAI about disciplinary proceedings relating to Satyam. Facts on IT ind...
- Raju brothers masterminds in Satyam fraud: Ex-CFO VadlamaniVadlamani Srinivas admitted before a two-member ICAI team that the accounting fraud in Satyam was going on for the last four-five years.Sat...
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