Audit News

MCA direct ICAI to withdraw notification on applicability of auditor rotation

18 February 2019 at 11:30

ANNOUNCEMENTWithdrawal of the Announcement regarding Clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in subsequent

Posted in Audit | 5946 Views

Empanelment of Concurrent Auditors with Union Bank of India

04 February 2019 at 12:03

Empanelment of Concurrent Auditors1. Invitation for empanelmentUnion Bank of India conducts process for Empanelment of Concurrent Auditors, once in a year. This document is published as part of process for Empanelment of Concurrent Auditors for the F

Posted in Audit | 8412 Views

Rotation of auditors not to apply if a company ceases to fall under Rotation principles

30 January 2019 at 11:27

AnnouncementRegarding Clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in subsequent years.This is regarding the ap

Posted in Audit | 1 comments | 4683 Views

Guidance note on Audit of Banks 2019

23 January 2019 at 11:12

Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economic growth and financial stability in the economy. There are different types of banking institutions prevailing in

Posted in Audit | 4125 Views

Empanelment of CA firms with CAG for 2019-20

31 December 2018 at 16:47

OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI - 110124Empanelment of Chartered Accountant Firms/LLPs for the year 2019-2020Online Applications are invited from Chartered Accountant firms/LLPs who desire

Posted in Audit | 4842 Views

Final Bank Branch Auditors panel hosted for 2018-19

14 December 2018 at 11:12

The Final Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2018-19 has been hosted at www.meficai.org and will be available till 14th December, 2018. Thereafter the panel will be submitted to RBI. Professional Development

Posted in Audit | 5310 Views

Implementation guide on resignation of Auditor by ICAI

01 December 2018 at 13:31

Implementation Guide on Resignation/ Withdrawal from an Engagement to Perform Audit of Financial StatementsIntroduction1. The objective of this Implementation Guide is to provide guidance to auditors in case of resignation/ withdrawal from an engagem

Posted in Audit | 6255 Views

Annual report and audited accounts of ICAI for 2017-18

29 November 2018 at 15:36

ANNOUNCEMENTSub: 69th Annual Report and Audited Accounts of the Institute for the year 2017-18 In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Account

Posted in Audit | 3684 Views

Standards on Internal Audit issued by ICAI

28 November 2018 at 11:49

Preface to the Framework and Standards on Internal Audit Framework Governing Internal Audits Basic Principles of Internal Audit Standard on Internal Audit (SIA) 210, Managing the Internal Audit Function Standard on Internal Audit (SIA) 220, Cond

Posted in Audit | 5862 Views