Professional Resource News


ICAI releases Exposure Draft of Lack of Exchangeability

   28 April 2021 at 21:49

The Accounting Standards Board of ICAI has released the Exposure Draft of lack of Exchangeability (IAS 21). Comments on the Exposure Draft may be submitted electronically or via email or post, so as to be received no later than July 30, 2021.

Posted in Professional Resource |   1584 Views


ICSI to reimburse the medical expenses incurred by CSBF Life Members towards Covid-19 treatment

   28 April 2021 at 05:02

ICSI brings to the notice of all Members that CSBF is reimbursing the medical expenses, in deserving cases, incurred by the CSBF Life Members towards Covid-19 treatment up to Rs.75,000/- (limited to Rs.50,000/- till completion of 3 years of subscription).

Posted in Professional Resource |   6024 Views


ICSI to award structured CPE Credits to members attending programmes through electronic mode till 30th June 2021

   24 April 2021 at 22:43

Considering the difficulties posed by the pandemic and in order to facilitate the members in fulfilling the mandatory requirement of CPE Credits for 2020-21, ICSI has extended the last date for obtaining the mandatory CPE credits till June 30, 2021.

Posted in Professional Resource |   1335 Views


ICSI release guidelines for members in practice to carry out Professional Assignments amid COVID-19

   23 April 2021 at 05:07

Taking cognizance of the second wave of the COVID -19 pandemic, it has been considered by the PCS Committee of the ICSI on April 12, 2021, to issue guidelines for the smooth conduct of the audit and other assignments undertaken by the PCS.

Posted in Professional Resource |   1083 Views


Cabinet approves MRA between ICAI and CPA Australia

   20 April 2021 at 20:12

ICAI and CPA Australia will work together to establish a mutual co­operation framework for the advancement of accounting knowledge, professional, and intellectual development.

Posted in Professional Resource |   2862 Views


Cabinet approves MoU between ICAI and Chartered Accountants Australia and New Zealand (CA ANZ)

   20 April 2021 at 19:55

The MRA intends to develop a mutually beneficial relationship in the best interest of members, students and their organizations and is expected to provide an opportunity to the ICAI members to expand their professional horizons.

Posted in Professional Resource |   2559 Views


ICMAI issues guidelines for members to follow while attending office amid COVID-19

   16 April 2021 at 05:25

The Institute of Cost Accountants of India has advised all offices of the institute to strictly follow the guidelines appended hereunder while attending the office, in order to regulate the attendance and prevent the spread of COVID-19.

Posted in Professional Resource |   2085 Views


ICMAI | Extension of time granted to undergo MCBT upto 31st Dec 2021

   09 April 2021 at 19:13

It has been decided to grant an extension of time for successful completion of MCBT up to 31st December 2021 to the practising members who have taken COP during the period 1st February 2019 to 31st March 2021.

Posted in Professional Resource |   1656 Views


ICAI | Exposure Draft of COVID-19 Related Rent Concessions beyond June 30, 2021

   07 April 2021 at 16:51

The Accounting Standards Board of ICAI has issued the Exposure Draft of proposed amendments to Ind AS 116, Leases, for public comments with the last date as April 17, 2021.

Posted in Professional Resource |   1329 Views


ICMAI | CASB releases advisory on the Treatment of Various Items of Cost in light of the COVID 19 Pandemic

   02 April 2021 at 19:32

Advisory on the Treatment of various items of Cost in light of Covid-19 pandemic & their Presentation / Disclosures in form CRA 3 of The Companies (Cost Records & Audit) Rules 2014 relating to the Accounting Period ending March 31, 2021.

Posted in Professional Resource |   1974 Views



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