Audit News
ICAI constitutes Online Panel of Experts for Addressing Bank Branch Audit Related Queries for FY 2020-21
01 April 2021 at 05:41ICAI, with a view to support their members for fast resolution of their queries, has decided to offer online support to the members from April 1st, 2021 till April 15th, 2021 for the bank branch audits for the year ended 31st March 2021.
Companies (Audit and Auditors) Amendment Rules, 2021
25 March 2021 at 05:32The Ministry of Corporate Affairs has released the Companies (Audit and Auditors) Amendment Rules, 2021 to further amend the Companies (Audit and Auditors) Rules, 2014.
ICAI | Expression of Interest in Projects of the IASB
17 March 2021 at 15:45As part of its agenda to continue to improve the knowledge base of its members, the Board of ICAI issues Standards on Internal Audit and Implementation Guides thereof Industry Specific Technical Guides and Generic Guides.
ICAI | Seeking Preliminary Expression of Interest for Audit Tool
10 March 2021 at 22:48CMP wishes to develop an Audit Tool so as to bring process automation and ease of doing audit in organizing its various audit activities.
Exposure Draft of SA-SLCE
15 February 2021 at 05:25The Institute of Chartered Accountants of India has released the Exposure Draft of Standard for Audit of Smaller and Less Complex Entities. Read the entire draft here.
BSFCSCL invites proposals from CA Firms for the Outsourcing of Accounting, Financial Management and Internal Audit
10 February 2021 at 15:08Notice inviting request for proposals from eligible Chartered Accountant firms for outsourcing of accounting and financial management and internal audit at Bihar State Food & Supplies Corporation Limited.
ICAI releases Handbook on Audit of CSR Activities
11 January 2021 at 17:53The Institute of Chartered Accountants of India has released a Handbook on Audit of CSR Activities. Click the link given to download the same.
ICAI gives Clarification on Statutory Auditor of a Company giving feedback to Credit Rating Agencies about Auditee Client
05 January 2021 at 17:19It is hereby clarified that under the provisions of the Chartered Accountants Act 1949 it is not permissible to members to share client information with the CRAs, except if permitted by the Auditee client.
Quality Review Board releases Report on Audit Quality Review
30 December 2020 at 10:08The Quality Review Board of India has released a Report on Audit Quality Review wherein, they have reviewed all the aspects of how an audit was performed in entities selected on a risk-based approach.
ICAI introduces One-time Condonation Scheme to regularize UDINs
28 December 2020 at 10:12The Institute of Chartered Accountants of India has decided to allow one-time condonation to its members for their earlier missed or late generated UDINs. In this regard, certain decisions have been taken. Read the official announcements and decision
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