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ICAI issues Framework for Social Audit Standards

   04 February 2023 at 12:40

This Framework defines and describes the elements and objectives of a social audit performed by social auditors.

Posted in Audit |   8508 Views


ICAI releases ED for issuing guidance note on audit of public charitable institutions u/s 12A

   11 January 2023 at 08:36

Exposure Draft for issuing Guidance Note on Audit of Public Charitable Institutions under section 12A of the Income-Tax Act, 1961 for Public Comments

Posted in Audit |   4848 Views


ICAI | Draft Bank Branch Auditors' Panel (MEF) of CAs/firms for the year 2022-23

   03 January 2023 at 08:41

Draft Bank Branch Auditors' Panel (MEF) for the year 2022-23

Posted in Audit |   8151 Views


ICAI issues implementation guide to Standard on Auditing (SA) 230

   16 December 2022 at 08:33

Implementation guide to Standard on Auditing (SA) 230

Posted in Audit |   5991 Views


ICAI | Penalty of Rs 5 lakh imposed on CA for exceeding tax audit limit prescribed u/s 44AB

   10 December 2022 at 08:40

The Disciplinary Committee of ICAI has imposed penalty of Rs.5 Lakh and removed CA from Register of members for a period of 03 Months for professional misconduct on conducting tax audit under section 44AB of beyond the limit prescribed by the Institute

Posted in Audit |   31650 Views


Mandatory evaluation of Audit Quality Maturity of firms using Revised AQMM Rev v1.0

   14 September 2022 at 08:35

W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation of their audit quality maturity using the Audit Quality Maturity Model Revised Version 1.0 (AQMM Rev v1.0)

Posted in Audit |   5841 Views


CBDT inserts Rule 17AA notifying books & other documents to be maintained by different institutions

   11 August 2022 at 08:49

The Central Board of Direct Taxes (CBDT) on August 10, 2022, issued Income-tax (24th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962.

Posted in Audit  1 comments |   8415 Views


ICAI releases Exposure Draft of Compendium of Social Audit Standards

   06 August 2022 at 08:43

Exposure Draft of Compendium of Social Audit Standards - for Comments

Posted in Audit |   4515 Views


IT Dept conducts raids in Delhi, Mumbai for alleged manipulation in stock markets

   27 July 2022 at 08:38

Income Tax Department carried out a search and seizure operation on 05.07.2022 on a group engaged in agro and textile business, and another group of entry operators.

Posted in Audit |   6027 Views


CAASB releases Exposure Draft of the Revised SCAs seeking public comments till July 8, 2022

   25 June 2022 at 08:32

Exposure Draft of the Revised Standards on Cost Auditing (SCAs)

Posted in Audit |   2358 Views



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