ICAI releases Draft Panel for Statutory Auditors of State and Central Co-operative Banks for FY 2026-27. Check category, raise objections by May 8.
ICAI widens the scope of mandatory AQMM applicability, bringing more audit firms under review from April 2026. Check revised criteria and phased implementation details.
ICAI has deferred the mandatory implementation of SQM 1 and SQM 2, originally effective from April 1, 2026. Until further notice, the existing SQC 1 standard will continue to apply to audit and assurance firms.
KPMG UK plans potential layoffs impacting up to 440 audit employees amid low attrition and market slowdown. Nearly 600 staff are at risk as restructuring begins.
ICAI releases Guidance Note on Audit of Banks 2026 with updated RBI norms, digital banking audit focus and enhanced compliance framework for auditors.
The Institute of Chartered Accountants of India (ICAI) introduces 11 Information Systems Audit Standards (ISAs) to enhance audit quality and strengthen governance within India's fast-growing digital ecosystem.
ICAI releases Exposure Draft of Guidance Note on Audit of Banks (2026 Edition), aligning audit procedures with latest RBI KYC, digital lending, securitisation and treasury norms. Comments invited till February 23, 2026.
IEPFA invites public comments on proposed amendments to the IEPFA Rules, 2016 to simplify and fast-track refunds for low-value investor claims, with a reduced 30-day disposal timeline based on company verification.
ICAI releases Draft Bank Branch Auditors' Panel (MEF) for FY 2025-26; objections can be filed till 30 January 2026
ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.
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