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DISCIPLINARY MECHANISMS
Word of the Day: PanopticonPanopticon is more than a word, it is a concept that bridges architecture, philosophy, and modern digital life. Its enduring relevance lies...
Employee reveals how HR hiring her son turned the workplace toxic: ‘Nowhere to escalate….’A small firm faces serious allegations of workplace dysfunction. Favoritism and questionable hiring practices have created a toxic environm...
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...
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 ...
Delhi HC empowers ICAI to hold CA firms accountable for misconductThe Delhi High Court has declared that the Institute of Chartered Accountants of India's disciplinary body has the authority to take action...
Opposition claims infirmities in CA bill, calls it attack on autonomyThe opposition alleged that it was a blatant attack on professional autonomy.
House panel dismisses ICAI objections, endorses billAnother concern raised by ICAI is the bill seeks to dilute the representation of professional bodies in the composition of the respective d...
Govt introduces bill in Lok Sabha to amend laws governing chartered, cost accountants, company secretariesStrengthening the disciplinary mechanisms, providing provision for time-bound disposal of cases against the members of the three institutes...
ICAI to set up Sustainability Accounting Standards BoardICAI President Atul Kumar Gupta on Thursday said the board would be launched on Friday and discussions would be held with stakeholders to t...
ICAI fast-tracks pending cases for enquiryChartered accountants' apex body noted that the long pending residual cases under old disciplinary mechanism (section 21D of the Chartered ...
PNB fallout: Centre moves to set up new regulator for CAsFinance minister Arun Jaitley has made public his displeasure with the failure of auditors to check the fraud at the second largest public ...
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.
Violations among auditors more of an 'exception': ICAI PrezInstances of violations committed by auditors are more of an "exception" and strict action is initiated against those found flouting the no...
ICAI looks to complete over 120 disciplinary cases this yearTo speed up disciplinary action against erring members, the apex body of chartered accountants ICAI is looking to complete most of the pend...
- Government to review anti-graft measures in ministries, departments, PSUs
The Department of Personnel and Training has sought details from all government departments in the matter.
- Accounting bodies told to take action against guilty
The move reflects the government's growing unease over the increasing number of incidents, where professionals collude with corporates to d...
- ICAI gets tough, cracks the whip more often now
With its regulatory powers coming under intense scrutiny, the Institute of Chartered Accountants of India appears to have turned active in ...