Category Archives: ICAI

Eligibility criteria for Direct Entry Students of ICAI relaxed

By | October 17, 2017

Further Relaxation in the eligibility criteria for Direct Entry Students registering from 1st July, 2017 to 31st July, 2017 for appearing in May, 2018 Intermediate Examination under Revised Scheme of Education and Training – (14-10-2017) ANNOUNCEMENT  13th October, 2017 Sub: Further Relaxation in the eligibility criteria for Direct Entry Students registering from 1st July, 2017… Read More »

MEF Form (Multipurpose Empanelment Form) for 2017-18 Live

By | July 24, 2017

Multipurpose Empanelment Form for the year 2017-18 Online Multipurpose Empanelment Form (MEF) for the year 2017-18 is live at www.meficai.org. The last date for submission of online MEF Form for the year 2017-18 is 15th August, 2017 and for submission of hard copy of “DECLARATION FOR MEF 2017-18” is 22nd August, 2017. In case, an applicant faces any problem regarding MEF,… Read More »

Nov 2017 CA Exam Date Sheet – Announced by ICAI

By | June 24, 2017

Nov 2017 CA Exam November 2017 Exam dates has been announced by ICAI :- No. 13-CA (EXAM)/N/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 Intermediate (IPC) and Final examinations will be held on the dates… Read More »

CA Course – Summary of Revised Scheme of Education and Training

By | June 3, 2017

Steps under Route I – Foundation Course Route Register with Board of Studies (BoS) after appearing in Class XII examination so as to complete four months study period (i.e. register till 30th June/ 31st Dec. for November/ May Examination). Qualify Class XII examination (if not done earlier) Appear for Foundation examination in November/ May. Qualify… Read More »

New Scheme CA Course of Education and Training – FAQ

By | June 2, 2017

Revised Scheme of Education and Training for  CA Course, FAQs and Implementation Schedule The Institute of Chartered Accountants of India (ICAI) has formulated the Revised Scheme of Education and Training in lines with International Education Standards issued by International Federation of Accountants (IFAC) after considering the inputs from various stakeholders. The Revised Scheme of Education… Read More »

Last date for registration of CPT/IIPCC/Final under existing scheme of CA Course

By | May 30, 2017

Press Release For CPT/IIPCC/Final under the existing scheme of CA Course – Last Date of registration On or before June 30, 2017 The role of a Chartered Accountant is evolving continually to assume newer responsibilities in a dynamic environment. In the given dynamic scenario, the potentiality of the Chartered Accountancy education system, to meet the… Read More »

CA Course – Revised Scheme of Education and Training notified by ICAI

By | May 30, 2017

Chartered Accountants (Amendment) Regulations 2017 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 25th May, 2017 No.1-CA(7)/178/2016.—Whereas certain draft regulations further to amend the Chartered Accountants Regulations, 1988, were published as required by sub-section (3) of section 30 of the Chartered Accountants Act, 1949 (38 of 1949), in the Gazette of India,… Read More »

CPT June 2017 Examination Admit Cards

By | May 26, 2017

Admit cards in respect of candidates admitted to the CPT June 2017 examination, with their photographs and signatures on them, are hosted on icaiexam.icai.org No physical admit cards will be sent to any candidate. Candidates are required to download and print their admit cards from the website. In terms of the decision of the Examination… Read More »

Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements

By | May 26, 2017

Important Clarification on Amendment to Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements – (25-05-2017)   I. The Council of ICAI at its 365th meeting held on May 17-19, 2017 considered a matter regarding amendment to paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements issued in October… Read More »

Advertising by CA’S in practice engaged in Coaching/Teaching activities – ICAI Annoucementt

By | May 18, 2017

INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA ANNOUNCEMENT Re: Advertising by members in practice engaged in Coaching/Teaching activities Regulation 190A of the Chartered Accountants Regulations, 1988 provides that a chartered accountant in practice shall not engage in any business or occupation other than the profession of accountancy, except with the permission granted in accordance with a… Read More »

ISA AT – New Syllabus, June 2017

By | May 13, 2017

Information System Audit – Assessment Test (ISA – AT) New Syllabus, June 2017 – (13-05-2017) Subject: Information System Audit – Assessment Test (ISA – AT) New Syllabus, June 2017 Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment TestNew Syllabus which is open to the members of the Institute, will be… Read More »

CPT Exam june 2017-last date extended for submission of exam application forms

By | May 2, 2017

Extension of last date for submission of Examination Application Forms in respect of Common Proficiency Test (CPT) to be held in June, 2017 CPT is scheduled to be held on 18th June, 2017. Students who have registered for the Common Proficiency Course on or before 3rd April, 2017 and fulfill the eligibility requirements are eligible… Read More »

ICAI reduced marks required for passing ISA AT Test

By | April 26, 2017

Requirements for passing Information Systems Audit (Assessment Test) 25th April 2017 It is hereby informed that in exercise of the authority vested with it under Regulation 204 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India has decided to revise the requirement for passing the Information Systems Audit(Assessment… Read More »

ICAI Discontined some of Post Qualification Courses for Members

By | April 25, 2017

Discontinuation of some of the Post Qualification Courses for Members – (25-04-2017) 25th April 2017 Re: Discontinuation of some of the Post Qualification Courses for members The post qualification courses for members conducted by ICAI include the following: Management Accountancy Course (MAC) Tax Management Course (TMC) Corporate Management Course (CMC) and International Tax Laws and… Read More »

ICAI Withdrawal of FAQ on Revised Schedule VI to Companies Act 1956. – (25-04-2017)

By | April 25, 2017

Withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, 1956. – (25-04-2017) Source : Institute of Chartered Accountants of India CL&CGC/ 20/ 2017-2018 25th April, 2017 ANNOUNCEMENT Sub: Regarding withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, 1956 as issued by the Corporate Laws… Read More »

ICAI to take action against CA involved in money laundering

By | April 15, 2017

ICAI Press Release – Robust Disciplinary Mechanism – (13-04-2017) ICAI Press Release Our attention has been drawn to the media reports regarding the raids conducted by the Enforcement Directorate on the offices of the Chartered Accountants in New Delhi, who were alleged to be involved in the money laundering and hawala like transactions through shell… Read More »

Exposure Draft of Annual Improvements to Ind AS Standards 2014-2016 Cycle

By | March 29, 2017

Exposure Draft of Annual Improvements to Ind AS Standards 2014-2016 Cycle Following is the Exposure Draft of Annual Improvements to Ind AS Standards 2014-2016 Cycle, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most… Read More »

Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration

By | March 29, 2017

Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration Following is the Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transaction and Advance Consideration, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any… Read More »

Exposure Draft of Transfers of Investment Property, Amendments to Ind AS 40, Investment Property – (29-03-2017)

By | March 29, 2017

Following is the Exposure Draft of changes proposed in Ind AS 40, Investment Property, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs… Read More »

ICAI Invited CA/ Experts contributions to Question Bank Information System Audit- Assessment Test (ISA-AT)

By | March 15, 2017

Announcement 15th March 2017 Invitation for contributions to Question Bank in respect of Information System Audit-(Assessment Test (ISA-AT)(New Syllabus) Information Systems Audit is a post qualification course meant for the members of the Institute. Members who are registered for the course are required to appear and pass ISA-Eligibility Test and those who qualify thereon are… Read More »

CPE Hours Requirements from 01.01.2017 to 31.12.2019 – for CA members

By | February 25, 2017

CPE HOURS REQUIREMENTS FOR THE BLOCK PERIOD OF 3 YEARS (1-1-2017 TO 31.12.2019) TO BE COMPLIED WITH BY DIFFERENT CATEGORIES OF MEMBERS All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to: Complete at least 120 CPE credit hours in… Read More »

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

By | February 17, 2017

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

By | February 13, 2017

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

By | February 13, 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 »

Other course of study along with articleship – ICAI to condone delay – Form 112

By | February 11, 2017

Condonation of Breach of Regulation 65 & 78 – Non submission of Form 112 The Council of the Institute has decided to condone the delay in submission of Form 112 for having pursued additional / other course of study along with articleship through correspondence mode of study or by attending regular classes provided there was… Read More »

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

By | February 11, 2017

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

By | February 3, 2017

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 »

ICAI revised GMCS fees w.e.f 01.02.2017

By | January 30, 2017

Revision of fee for General Management and Communication Skills (GMCS) 15 days (90 hrs) – (30-01-2017) You may be aware that the present fee of Rs.5500/- for General Management and Communication Skills Course was fixed way back in 2013 and has not undergone any revision during the last four years. Considering the above, the Council… Read More »

June 2017 Common Proficiency Test (CPT) on 18.06.2017

By | January 30, 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

By | January 27, 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

By | January 27, 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)

By | January 27, 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

By | January 18, 2017

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

By | January 17, 2017

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 »