Professional Resource News

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 | 1971 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 | 2499 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 | 1506 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 | 2184 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 | 3798 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 | 9411 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 | 1941 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 | 1911 Views

"Through ICAI’s 72 years of splendid performance, it has learnt the importance of making the most of every opportunity and rising to all odds" - President Jambusaria

01 July 2021 at 15:36

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

Posted in Professional Resource | 1272 Views

PM greets Chartered Accountants on CA Day

01 July 2021 at 13:28

In a tweet, the Prime Minister said, "Greetings to all Chartered Accountants on CA Day. This community has a vital role in India’s progress. I call upon all CAs to keep the focus on excellence so that Indian firms emerge as one of the best globally."

Posted in Professional Resource | 2052 Views