Professional Resource News


ICAI | Exposure Draft of Revised AS 36, Impairment of Assets

   31 August 2021 at 19:52

ICAI has released the Exposure Draft of Revised AS 36 - Impairment of Assets for public comments. Comments on the above mentioned ED may be sent electronically or via email or post so as to reach the institute latest by 30th September 2021.

Posted in Professional Resource |   2034 Views


ICSI propels support initiatives for its Members

   27 August 2021 at 05:58

The schemes aimed at benefitting more than 65,000 Company Secretaries across India, would provide collateral free Term Loan facility and Non- Linked, Non-Participating, Pure Life Term Insurance Plan, to members, both in employment and in practise.

Posted in Professional Resource |   2085 Views


Cabinet approves MoU between ICAI and Institute of Professional Accountants of Russia (IPAR)

   25 August 2021 at 18:24

The proposed MoU aims to strengthen cooperation in matters of accountancy profession through exchange of views, information in respect of Professional Accountancy Training, Professional Ethics, Technical Research, Professional Development of Accountants.

Posted in Professional Resource |   1842 Views


ICAI amends Multipurpose Empanelment Form (MEF) - 2021-22 to make it comprehensive and more user friendly

   21 August 2021 at 07:17

ICAI is upgrading the Multipurpose Empanelment Form for FY 2021-22 to be filled by CA Firms and Members applying for Bank Audits and other assignments. The said form will now be comprehensive and more user friendly and will be made live in October 2021.

Posted in Professional Resource |   2223 Views


ICAI notifies Revised Form 18 to facilitate formation of Multi-disciplinary Partnership Firm of CAs in Practice

   13 August 2021 at 17:23

ICAI, with regard to the Chartered Accountants (Amendment) Regulations, 2021 dated 8th July 2021, has notified a  Revised Form 18 to facilitate the formation of Multi-disciplinary Partnership Firm of CAs in Practice.

Posted in Professional Resource |   2037 Views


ICAI releases Exposure Draft on Initial Application of IFRS 17 and IFRS 9

   04 August 2021 at 06:40

ICAI has released the Exposure Draft on the Initial Application of IFRS 17 and IFRS 9 - Comparative Information Proposed amendment to IFRS 17. Comments on the ED may be submitted electronically or via email or post by 3rd September 2021.

Posted in Professional Resource |   1689 Views


PM launches digital payment solution e-RUPI

   03 August 2021 at 06:29

Prime Minister Shri Narendra Modi launched the digital payment solution e-RUPI, a person and purpose specific digital payment solution, on 2nd August 2021 via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

Posted in Professional Resource |   6573 Views


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 |   9249 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 |   6102 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 |   2139 Views



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