ICAI's disciplinary committee probing alleged auditing lapses in Byju's caseThe matter related to Byju's has been referred to the disciplinary committee by the disciplinary directorate and investigations are going o...
23 Dec, 2024, 05.18 PM IST
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...
22 Dec, 2024, 11.31 AM IST
ICAI takes disciplinary action in 172 cases in over 6 monthsThe Institute of Chartered Accountants of India (ICAI) has taken disciplinary action against 172 of its members in the past six months for ...
06 Dec, 2024, 05.36 PM IST
NFRA suggests 40 audit standards for LLPs to govtThe National Financial Reporting Authority (NFRA) recommended 40 auditing standards for limited liability partnerships (LLPs) to the corpor...
25 Nov, 2024, 10.16 PM IST
Viksit Bharat by 2047: CAG calls for further bolstering local bodiesCAG Girish Chandra Murmu emphasizes the importance of bolstering local bodies for India's development by 2047, urging enhancements in rural...
01 Oct, 2024, 10.36 PM IST
ICAI forms support group amid work stress worriesICAI has formed a group to tackle work-related stress and will launch a counselling help desk. This follows the death of a chartered accoun...
01 Oct, 2024, 12.11 AM IST
ICAI council to weigh proposed revamp of audit in sync with global standardsThe National Financial Reporting Authority (NFRA) has firmed up draft norms to overhaul the extant Standard on Auditing (SA) 600. The revis...
31 Aug, 2024, 12.30 AM IST
ICAI central council to discuss proposed changes to auditing standard SA 600 on Sep 17The central council of ICAI will discuss NFRA's proposed changes to auditing standard SA 600 on September 17. ICAI is concerned these chang...
30 Aug, 2024, 08.46 PM IST
Centre gets into the Act to create desi 'Big Fours'India proposed changes to the LLP Act and Companies Act to help domestic accounting firms merge and grow, aspiring to create audit firms co...
10 Aug, 2024, 05.11 AM IST
New non-financial accounting norms in the works, as ESG grabs centre stageSebi evaluated diverse accounting standards and considered expanding mandatory sustainability reporting beyond the top 1,000 companies. The...
07 Aug, 2024, 12.20 PM IST
Insolvency resolutions likely to clock a fresh record in FY25: IBBI chiefThe Insolvency and Bankruptcy Code (IBC) is seeing a rise in resolved cases, with a focus on innovative approaches and transparency to impr...
12 Jul, 2024, 11.35 PM IST
Government working on aggregation of CA firms, accounting standards for insurance sectorGovernment and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, ...
01 Jul, 2024, 10.15 PM IST
Found gross negligence by Byju's auditors: ICAI presidentICAI found gross negligence by auditors of Byju's. FRRB will review the conduct of auditors and take appropriate action. RBI barred Paytm P...
13 Mar, 2024, 05.32 PM IST
Paytm issue may be reviewed, scrutiny on Byju's progressing well: ICAIInstitute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may ...
25 Feb, 2024, 06.06 PM IST
ICAI to open 11 CoEs in 2 yrs, Kolkata chapter by Dec 24With a membership base of 4 lakhs and over 8.5 lakhs students pursuing the CA course, ICAI is the largest accounting body globally, operati...
24 Feb, 2024, 08.37 PM IST
Report on audit at Byju's soon: ICAI ChiefThe Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) is finalizing its report on the stand...
22 Feb, 2024, 11.04 AM IST
Chartered accountants from UK, Canada might be allowed to practice in India: ICAI presidentOnce the reciprocal system is implemented, the chartered accountants from the foreign countries will have to be registered with the ICAI, w...
21 Feb, 2024, 05.14 PM IST