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ICAI President's Message - August 2021

   02 August 2021 at 05:42

CA. Nihar N. Jambusaria - President, ICAI's August 2021 message for members and students.

Posted in Professional Resource  1 comments |   9027 Views


ICAI | Clarification on spending of CSR funds for COVID-19 Vaccination by MCA

   01 August 2021 at 07:29

MCA has clarified that spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families is considered to be an eligible CSR activity under items no (i) and (xii) of Schedule VII of the Companies Act, 2013.

Posted in Professional Resource |   5994 Views


ICAI releases Exposure Draft of Disclosures of Accounting Policies

   30 July 2021 at 18:44

ICAI has released the Exposure Draft of Disclosures of Accounting Policies - Amendments to Ind AS 1, Presentation of Financial Statements. Comments on the same may be submitted either electronically or via email or post by 31.08.2021.

Posted in Professional Resource |   1947 Views


ICAI releases the 12th edition of the Code of Ethics for its Members

   27 July 2021 at 06:31

ICAI has released the 12th Edition of the Code of Ethics for its members. The revised edition of the code has come into effect from 1st July 2021. Download links of the three volumes of the Code has been given in this news piece.

Posted in Professional Resource |   2469 Views


ICAI further extends validity of Peer Review Certificate in the wake of COVID-19 spurt across the country

   22 July 2021 at 20:50

ICAI has further granted relief to practice units by extending the expiry date of peer review certificate having original expiry date falling anytime from 1st July 2021 to 31st July 2021 till 31st August 2021.

Posted in Professional Resource |   1470 Views


ICAI issues ED of revised IFRS Practice Statement - Management Commentary

   17 July 2021 at 07:29

ICAI has released the Exposure Draft of revised IFRS Practice Statement - Management Commentary. The purpose of this ED is to obtain feedback on the IASB’s proposals. Comments on the same may be sent to ICAI by 1st October 2021.

Posted in Professional Resource |   2115 Views


Cabinet approves MoU between Institute of Cost Accountants of India and the ACCA

   09 July 2021 at 05:50

This MoU will lead to a focus attention towards the exchange of knowledge and exchange of research and publications, which will strengthen good governance practice in both jurisdictions.

Posted in Professional Resource  2 comments |   3657 Views


ICAI amends Form 18 - Particulars of Offices and Firms

   09 July 2021 at 05:43

Under the amended Form 18, ICAI has allowed Multi Disciplinary Partnership Firms together with the partnership of CAs with CMAs, CSs, advocates, Engineers, Architects and MBAs.

Posted in Professional Resource |   9207 Views


ICAI signs MoU with Qatar Financial Centre (QFC) for export of accounting services to Qatar

   07 July 2021 at 06:22

ICAI has signed an MOU with Qatar Financial Centre (QFC) for the export of accounting services to Qatar and & exploring professional and business opportunities for ICAI members through collaborative initiatives.

Posted in Professional Resource |   1884 Views


Shri Piyush Goyal calls upon the Chartered Accountants of the country to think big and scale up

   01 July 2021 at 21:01

Lauding the profession of CAs, Shri Goyal said that it is great to see a profession which is recognized & respected. There is a yearning for people to be Chartered Accountants.

Posted in Professional Resource |   1881 Views