Page 4 - Chartered Accountants

Delhi HC says ICAI allowed to issue orders against Big Four affiliates

The court also said that the firms, along with the partners, are also liable to reply to the ICAI notices

Chartered Accountant Day 2024: History, significance, wishes and more

Chartered Accountant Day 2024: ICAI is celebrating 76th year of its inception, and it India's oldest and most respected financial and accounting organisation

ICAI CA 2024: Foundation Admit Card released at eservices.icai.org

The Institute of Chartered Accountants of India has released ICAI CA Foundation Admit Card 2024 for June examination. Candidates can download the admit card via official website at eservices.icai.org

ICAI proposes new domestic networking model for chartered accountancy firms

Public comments on a proposal to 'tap synergies' will be accepted till June 6

Now ICAI issues orders against seven domestic affiliate firms of PwC

In response to the order, Price Waterhouse and affiliates said that they were "disappointed"

ICSI CSEET 2024: Results declared on official website at icsi.edu

Institute of Company Secretaries of India has announced the May 2024 CSEET (CS Executive Entrance Test) results; candidates can download results from the official website www.icsi.edu

ICAI says action against EY India affiliates under its statutory powers

The body added that the procedure for enquiring and levying penalties is governed by statutory rules framed by the Centre

ICAI order on EY India affiliates may speed up notification of norms

While there is disappointment with the order, there is also hope that it would eventually lead to "much needed" clarity on guidelines on international networking for domestic firms

SC refuses plea seeking postponement of CA exams scheduled in May

The Supreme Court on Monday refused to entertain a plea seeking postponement of certain papers of the Chartered Accountancy (CA) exams scheduled for May on account of the Lok Sabha polls. A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra said the Institute of Chartered Accountants of India (ICAI) has not fixed the examination on election dates. It noted that the general elections to the Lok Sabha are to be held on May 7 and 13 and no exam has been scheduled for May 6 and May 12. Altering the examination date would disrupt the extensive arrangements already in place for the conduct of the examination and it could result in grave injustice for some students, it said. The scheduling of exams pertains to policy decisions, it said while refusing to entertain the PIL. But weighing the importance of the right to vote we have examined the position of candidates who shall be appearing for exams and would also need to vote. 591 centres are there and

New rules for aggregation of domestic CA firms in three months: ICAI

"The overall aim is to provide ease of growing practice and facilitate the Indian CA firms grow bigger," he said

ICAI CA 2024: Admit cards for inter and final exam to be available soon

ICAI CA Admit Card 2024 for the upcoming intermediate and final exams will be accessible soon on the official site of the ICAI. Applicants are encouraged to remain connected with us

Need more clarity on what defines an Indian audit firm: GT Bharat CEO

Chandiok said firm's long-term strategy had been to become an Indian audit firm that could compete with global giants. But it would need acknowledgement from companies as well as regulators

ICAI 2024: CA exams to be rescheduled, new dates to be issued at icai.org

With the Lok Sabha election schedules clashing with the official CA exam dates, the Institute of Chartered Accountants of India (ICAI) chose to reschedule these tests and issue new dates

CA tries to sell kidney to pay dues, ends up losing 6.2 lakh to scamsters

A chartered accountant tried to sell his kidney for money and to pay his dues. He ends up losing Rs 6.2 lakh to crooks

ICAI to conduct foundation, intermediate examinations three times a year

The Institute of Chartered Accountants of India (ICAI) will conduct examinations for foundation and intermediate courses three times in a year. Till now, the institute has been conducting these examinations twice a year. "The intermediate and foundation course examinations will be conducted thrice in a year in the month of January, May/June and September," ICAI said in a release on Friday. The decision was taken at ICAI's council meeting on March 7. ICAI has more than 4 lakh members and 8.5 lakh students.

Artificial intelligence to save more time for chartered accountants: ICAI

Artificial intelligence will provide a helping hand and free up a lot of time for chartered accountants to focus on analytical work, ICAI President Ranjeet Kumar Agarwal said on Wednesday and highlighted that there is a huge demand for chartered accountants. The Institute of Chartered Accountants of India (ICAI) expects there will be a need for around 30 lakh chartered accountants in the next 20 to 25 years and last year, around 22,000 students cleared the chartered accountants examination. At a briefing in the national capital, Agarwal, who took charge as the president on February 12, said a committee will be coming out with a roadmap in the next two months on the use of Artificial Intelligence (AI) at the Institute of Chartered Accountants of India (ICAI). He emphasised that Artificial Intelligence (AI) is a tool and is saving a lot of time. "This will give you (chartered accountants) more time for application of mind, analytics... I believe AI is going to be a helping hand for t

SBI seeking lower CRR on green deposits, says chairman Dinesh Khara

Begins assessment of borrowers on ESG norms

ICAI CA Foundation exam 2023: Over 40k students qualify foundation exam

ICAI released the results of CA Foundation exam December 2023 on Wednesday. 41,132 candidates managed to clear the exam. Here's how you can check the result

ICAI elects Ranjeet Kumar Agarwal as Prez, Charanjot Singh Nanda as VP

The chartered accountants' apex body ICAI on Monday said Ranjeet Kumar Agarwal and Charanjot Singh Nanda have been elected as President and Vice President of the institute, respectively. Both have been elected by the institute's central council for the 2024-25 term, according to a release. The Institute of Chartered Accountants of India (ICAI) has around 4 lakh members and more than 8.5 lakh students. Agarwal is the 72nd President of ICAI and served as Vice President in 2023-24. Among other responsibilities, Nanda has served as the chairman of various ICAI committees, including those on internal audit standards board, and on financial markets & investors protection.

NFRA imposes Rs 20 lakh penalty on CA for professional misconduct

In another matter, NFRA imposed a penalty of Rs three lakhs on another CA and debarred him for three years for professional misconduct in the audit of SRS Infrastructure