Page 4 - Icai

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

ISA 600 dispute: NFRA, ICAI can find common ground, says official

The senior official said that ICAI is not opposed to implementing the revised ISA 600 but is trying to figure out the path to do so. ICAI would be taking up this issue in its next council meeting

ICAI releases CA Inter admit cards 2024, here's how to check and download

Admit cards for CA Intermediate exams 2024 are out; exams will take place from September 12 to 23. Here's all you need to know

ICAI CA 2024: Foundation Results to be declared today at icai.nic.in

The Institute of Chartered Accountants of India (ICAI) is anticipated to announce the Chartered Accountancy (CA) Foundation June 2024 results today, July 29, on the official website at icai.nic.in

ICAI CA 2024: November Final Exam dates announced at icai.org, view details

The Institute of Chartered Accountants of India (ICAI) has declared the exam schedule for the CA November session exams. The CA Final examination have been planned from November 1 to November 11

ICAI to establish Section 8 company for mediation, arbitration activities

Chartered accountants' apex body ICAI will be setting up a Section 8 company for mediation and arbitration activities, its President Ranjeet Kumar Agarwal said on Friday. Section 8 companies are set for not-for-profit activities and the Institute of Chartered Accountants of India (ICAI) has so far set up five such companies. At the inaugural session of 'RESOLVE-2024: An International Convention on Insolvency Resolution & Valuation' in the national capital, he said the institute is in the process of setting up a Section 8 company, under the directives of Law Ministry, especially for mediation and arbitration. According to him, the Insolvency and Bankruptcy Board of India (IBBI) has asked the institute to help in developing valuation standards for the asset class 'Land & Building' and 'Plant & Machinery' on the lines of the valuation standards prepared by it for the asset class 'Securities or Financial Assets'. The Insolvency & Valuation Standards Board of ICAI along ...

ICAI CA Inter, final result 2024: Delhi's Shivam Mishra tops the exam

The ICAI has released the CA Final and Intermediate examination results on the official website of ICAI at icai.org. New Delhi's Shivam Mishra tops the CA final exam scoring 83.33 percent (500 marks)

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, MCA secretary discuss road map to create big Indian companies

Earlier in May, Finance Minister Nirmala Sitharaman had said that the ICAI should take it as a challenge to set up an Indian big four firm and seek global clients

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

ICAI aims to facilitate $200 mn funding through startup event in June

Chartered accountants' apex body ICAI on Thursday said it aims to facilitate funds worth over USD 200 million to startups through an event scheduled to be held in Bengaluru from June 27 to 29. It will organise the second edition of the Startup Sphere, and more than 10,000 people from the startup ecosystem are expected to participate in the event, according to a release. The Institute of Chartered Accountants of India (ICAI) said the first edition of the event last year saw an estimated USD 100 million commitment of funding from 60 pitches presented to 75 investors. "The Startup Sphere 2024 is scheduled from 27th to 29th June 2024. We are expecting to arrange more than USD 200 million in funding this year. More than 10,000 people are expected to participate in this three-day event that aims to connect entrepreneurs and investors, wherein startups can share their ideas and get investments," ICAI President Ranjeet Kumar Agarwal said. The event will be supported by the Department for .