Category Archives: ICAI

How to attempt CA IIPC Paper-2: Business Laws, Ethics and Communication ? Explained via video

IIPC Paper-2: Business Laws, Ethics and Communication on 17.02.2017 Online Mentoring Session by CA. Shraddha Saxena and Ms. Megha Goel Watch Video by ICAI Related Post for CA Inter Exam Books CA inter Exam Books CA Inter IPCC Exam Books   Accounting Standards Book for CA Inter IPCC by DS Rawat   A Handbook on… Read More »

ICAI elects New Torch-Bearers for the year 2017-18

Press Release ICAI elects New Torch-Bearers for the year 2017-18 The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by the Council in accordance with the provisions… Read More »

ICAI increased Entrance, Annual Membership, COP and Restoration Fee w.e.f 01.04.2017

Increase in Entrance, Annual Membership, COP and Restoration Fee [TO BE PUBLISHED IN PART III, SECTION 4 OF THE GAZETTE OF INDIA, EXTRAORDINARY DATED, 9TH FEBRUARY, 2017] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA New Delhi, the 9th February, 2017 NOTIFICATION No.1-CA(7)/179/2017:- In exercise of the powers conferred under sub-section (3) of section 4 and… Read More »

Empanelment of CA as Mediator or Conciliator for 2017-2018.

Regarding Empanelment of professionals having at least fifteen years of continuous practice as a Chartered Accountant with Regional Directors of the respective Region as Mediator or Conciliator for the year 2017-2018. I would like to inform you that the Regional Directors of Southern and North Western Region), Ministry of Corporate Affairs (MCA), Government of India… Read More »

Submit CA Examination Application forms on-line – ICAI

ICAI Announcement 2nd February 2017 For the attention of candidates of CA examinations Submission of CA Examination Application forms on-line It is hereby informed that sale and submission of physical i.e. OMR examination application forms have been discontinued with effect from May 2017 examination onwards. Henceforth, all candidates will be required to submit examination application… Read More »

June 2017 Common Proficiency Test (CPT) on 18.06.2017

June 2017 Common Proficiency Test (CPT) 27th January, 2017 No.13-CA (EXAM)/CPT/June/2017: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the Common Proficiency Test will be held on Sunday, 18th June, 2017 in two sessions as below, at… Read More »

ICAI Discontinued OMR Examination Application Forms w.e.f May 2017

Discontinuance of OMR Examination Application Forms with effect from May, 2017 Examination onwards – (27-01-2017) Candidates of Common Proficiency Test(CPT), Intermediate (IPC) and Final examinations, until the CA exams held in November/December 2016, had the option of: a) Buying the OMR examination application forms, from the counters of the regional offices/branches of the Institute, filling… Read More »

CA Inter IPC Exam Result on 31.01.2017

The result of the Chartered Accountants Intermediate (Integrated Professional Competence) Examination held in November, 2016 is likely to be declared on Tuesday, the 31st January 2017. – (27-01-2017) The result of the Chartered Accountants Intermediate (Integrated Professional Competence) Examination held in November, 2016 is likely to be declared on Tuesday, the 31st January 2017 around… Read More »

ICAI Campus Placement Programme for new CA’s (Feb-Mar, 2017)

ICAI Campus Placement Programme Subject: Campus Placement (Feb-Mar, 2017) Programme I am happy to inform you that the Committee for Professional Accountants in Business & Industry (CPABI) of ICAI as like earlier editions, is organizing the next Campus Placement Programme for Newly Qualified Chartered as per the below mentioned schedule at 22 centres in India. Campus Interview Dates  Sl. No. Centre Dates 1 Ludhiana 22nd February, 2017 2 Baroda,… Read More »

CA Final November 2016 Pass Percentage

CA Final November 2016 Pass Percentage ttempt Group No. Of Candidate Appeared No. of candidates cleared pass percentage CA Final November 2016 Pass Percentage Both 36768 4256 11.57% CA Final Nov 2016. Group – 1. 37200 2655 07.14% CA Final Nov 2016. Group – 2. 36896 4545 12.32% CA Final may 2016 Both 40180 4565… Read More »

CA Final November 2016 Pass Percentage / CPT December 2016 Pass Percentage

CA Final November 2016 Pass Percentage The results of the Chartered Accountants Final Examination, November 2016 declared by ICAI on 17.01.2017 . The details of percentage of candidates passed in the above examination is given below: Pass Percentage CA Final November 2016 Candidates applied for No. of candidates appeared No. of candidates passed % of… Read More »

CA Final May 2017 -Applicable Standards /Guidance Notes/ Amendments

CA Final May 2017 Applicable Amendments Standards/Guidance Notes  Following are the CA Final May 2017 Applicable Amendments issued by ICAI  for CA Students Final Examination Paper 1: Financial Reporting I. Framework for the Preparation and Presentation of Financial Statements. [  Related Post CA Final May 2017 Books / Latest Books for CA Final Exam ] II. Accounting Standards… Read More »

IPC May 2017 -Applicability of Standards/Guidance Notes/Legislative Amendments etc.

Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2017 – Intermediate (IPC) Examination Paper 1: Accounting Accounting Standards AS 1 : Disclosure of Accounting Policies AS 2 : Valuation of Inventories AS 3 : Cash Flow Statements AS  7 : Construction Contracts (Revised 2002) AS 9 : Revenue Recognition AS 10 : Property, Plant and… Read More »

How to Register for CA Exam online ?

Complete CA Exam Registration Process Flow Overview of complete exam process flow  http://icaiexam.icai.org/ Step – 1(a): Register or Login In the menu click on “Login/Register”. If you are a registered user, enter your login details and click on “Login”. If you are a new user, click on “Register Now!” button in the popup. Step –… Read More »

How to register to get CA result on email ?

Steps on how to register to get CA result on email Students can register on http://icaiexam.icai.org to get result on primary email id, by following below mentioned steps: 1. Login on the ICAI Exam website i.e. http://icaiexam.icai.org, using your user id and password 2. Click on link “email registration” 3. We recommend that before applying… Read More »

CA Final and CPT Result on 17.01.2017

CA Final and CPT Result Result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 are likely to be declared on Tuesday, the 17th January 2017.-(14-01-2017) The result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in… Read More »

ISA AT result on 17.01.2017

Result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 is likely to be declared on 17th January, 2017. – (14-01-2017) 14th January, 2017 IMPORTANT ANNOUNCEMENT The result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 is likely to be declared on 17th January, 2017 around… Read More »

Draft ICAI Code of the Ethics 2017

Dear Member, The existing ICAI Code of Ethics is based on International Code of Ethics issued by IESBA and also provisions of the CA Act and Guidelines issued by the ICAI from time to time . With the changing time and with a view to provide level playing field and to open up the opportunities… Read More »

Exposure Draft of Ind AS XBRL Taxonomy

Exposure Draft of Ind AS XBRL Taxonomy As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial Reporting Standards (IFRS) w.e.f F.Y. 2016-17. MCA has also notified… Read More »

ICAI ISA Test 24.12.2016 :- Kota and Thiruvananthapuram added in center list

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] NOTIFICATION New Delhi, the 14th December, 2016 No.13-CA(EXAM)/ISA/December/2016/II.—In partial modification of the Institute’s Notification No.13- CA(Exam)/ISA/December/2016 dated 6th November, 2016, it is notified for general information that Kota and Thiruvananthapuram are added to the list of cities where the Information Systems… Read More »

Do’s and Dont’s for CA’s – Recent Decisions of Ethical Standards Board of ICAI

Recent Decisions of Ethical Standards Board of ICAI for Chartered Accountants A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc. A chartered accountant cannot exercise lien over the client documents/records for non-payment of his fees. It is not permissible for CA… Read More »

Draft Bank Branch Auditors’ Panel for year 2016-17

Draft Bank Branch Auditors’ Panel for year 2016-17 Dear Colleagues,  Please find placed below Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2016-17 . To view your category and remarks thereof, if any, please click on the relevant interval:. MEF00001-05000 MEF05001-10000 MEF10001-15000 MEF15001-20000 MEF20001-25000 MEF25001-30000 MEF30001-35000 MEF35001-40000 MEF40001-45000 MEF45001-50000 MEF50001-55000 MEF55001-60000 MEF60001… Read More »

Exposure draft for Financial Reporting by Local Bodies

Exposure draft of The Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’ – (26-12-2016) The Committee on Accounting Standards for Local Bodies (CASLB) was constituted as a separate Committee in March, 2005, with the main objective of formulating Accounting Standards for Local… Read More »

CPE Hours for 2016 – ICAI Extended date

Extension of last date for compliance of CPE Hours requirement for the year 2016 (ending block period 2014-2016) – from 31st December 2016 to 31st January 2017. – (23-12-2016) Subject: Extension of last date for compliance of CPE Hours requirement for the year 2016 (ending block period 2014-2016) – from 31st December 2016 to 31st… Read More »

ICAI Code of Conduct for elected, Co-opted and Nominated Representatives w.e.f 01.01.2017

ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued. – (22-12-2016) No. ICAI /ESB/2016/02 Announcement In pursuance of the decision taken at the 356th Meeting of Council held on 29th June – 1stJuly, 2016, the ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued. This Code applies… Read More »

ICAI Convocation for Newly Qualified CA’s 2016-17

Convocation – 2016-17 (II Round) – (19-12-2016) In order to promote a sense of comradeship among members and for bringing them closer to the Institute, the Institute of Chartered Accountants of India (ICAI) organize Convocations for distributing certificates to the newly qualified members. In fact, this is an occasion to mark the entry of the… Read More »

ICAI Syllabus for Limited Insolvency Examination on 31st December, 2016 to become Insolvency Professional

Insolvency and Bankruptcy Board of India 30th November, 2016 Limited Insolvency Examination The Board hereby publishes the syllabus, format and frequency of the “Limited Insolvency Examination” under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016: I. Syllabus for Examination The syllabus for the “Limited Insolvency Examination” is as under:… Read More »

CA’s in Practice have to comply Know your Client Norms -(Mandatory) for attest functions w.e.f 01.01.2017

ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the Know Your Client (KYC) norms at it’s 356th Meeting held on 29th, 30th June and 1st July, 2016 KNOW YOUR CLIENT (KYC) NORMS The financial services industry… Read More »

Online Duplicate mark sheet / Pass certificate for CA Students

Online Duplicate mark sheet /Pass certificate for CA Students An on-line facility for submission of requests for issue of duplicate mark sheets/pass certificates has been put in place at http://icaiexam.icai.org. Those who are desirous of applying for issue of duplicate mark sheets/pass certificates, can now apply for the same, on-line, at the above site and… Read More »

CPT Dec 2016 Admit cards

Announcement Admit cards – CPT December 2016 24th November, 2016 Admit cards in respect of candidates admitted to the CPT December 2016 examination, with their photographs and signatures on them, are hosted on icaiexam.icai.org Candidates may print their admit cards from the said website. For downloading/printing of the admit cards, candidates will have to login… Read More »

ICAI Clarification on Sting Operation by “Aaj Tak” on converting black money by CA

ICAI Press Release-Clarification on Sting Operation carried out by “Aaj Tak” News Channel (E) – (15-11-2016) The Institute of Chartered Accountants of India (ICAI) welcomes the historic decision of Government of India to fight against Corruption, Black Money, Terrorism and counterfeit Currency. This is a giant leap towards creating a clean and corruption-free economy. The… Read More »

CA name to be removed from membership for carrying business while practicing : Delhi High Court

HIGH COURT OF DELHI Council of Institute of Chartered Accountants of India v. B.K. Dhingra PRADEEP NANDRAJOG AND MS. PRATIBHA RANI, JJ. CHAT.A.REF. NO. 1 OF 2013 SEPTEMBER  22, 2016 Rakesh Agarwal and Pulkit Agarwal Advs. for the Relator. ORDER   Pradeep Nandrajog, J. – This is a reference under Section 21(5) of the Chartered… Read More »

Applications for vacancie in International Accounting Standards Board

International Accounting Standards Board (IASB) is seeking applications for vacancies in the Board (A) IASB position summary: The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation. Members of the Board represent the best available combination of technical accounting skills and experience of relevant international business and market conditions in order… Read More »

MEF 2016-17 Clarification posted by ICAI

PD/A-40/2016                                                                                                                                    6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though they are also having Proprietary Concern (iii)Applying as Proprietor and… Read More »