Audit News


ICAI withdraws implementation guide on Auditor's report for specified bank notes

   26 November 2018 at 11:32

Withdrawal of the Implementation Guide on Auditor�s Report under Rule 11(d) of Companies (Audit and Auditors) Amendment Rules, 2017 and Amendment to Schedule III to Companies Act, 2013I. The Ministry of Corporate Affairs vide notification dated

Posted in Audit |   3402 Views


Survey on the state of the internal audit profession by ICAI

   21 November 2018 at 11:38

Internal Audit Standards Board (IASB) of The Institute of Chartered Accountants of India (ICAI) has been constituted to provide support to ICAI and its members through proactive standard setting and guidance in the area of internal audit, including g

Posted in Audit |   3819 Views


Bank Branch Auditors Panel for the year 2018-19 hosted

   19 November 2018 at 11:09

Hosting of Draft Bank Branch Auditors’ Panel for the year 2018-19The Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2018-19 has been hosted at www.meficai.org for indicating the category of the applicants of

Posted in Audit |   5970 Views


MCA report on regulating Audit firms and the Network

   12 November 2018 at 11:05

Auditors are to resolve agency problems. Moreover, independent audits are fundamental to taking informed and correct investment decisions. Availability of trustworthy nancial information on the performance of companies is important to proper functio

Posted in Audit |   3966 Views


Report submitted on regulating Audit firms and the networks to the Govt

   01 November 2018 at 11:17

Committee of Experts submits its report on Regulating audit firms and the NetworksThe Committee of Experts has submitted its report on Regulating audit firms and the Networks to the Government of India through the Secretary, Ministry of Corporate Aff

Posted in Audit |   3693 Views


ICAI issues notice to Amrapali Auditors

   26 October 2018 at 22:31

The attention of ICAI has been drawn to several media reports highlighting the ongoing proceedings in the Hon’ble Supreme Court in the hearings of Amrapali Group Companies. Based on the interim reports of the forensic auditors appointed by the

Posted in Audit |   4890 Views


Audits under 44AD, 44ADA and 44AE not to be included for threshold of audits under CA Act - ICAI

   24 August 2018 at 11:41

ANNOUNCEMENTModification in the Council Guidelines No. 1-CA(7)/02/2008 dated 8th August, 2008 as contained in Appendix No. (34) to the Chartered Accountants Act, 1949In furtherance of the Announcement dated 11th February 2014 and 2nd July, 2014 infor

Posted in Audit  1 comments |   7158 Views


Clause 30C in TAR - 3CD to kept in Abeyance

   20 August 2018 at 13:55

Circular No. 6/2018F. No. 370142/9/2018-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesTPL DivisionNew Delhi, Dated the 17th of August, 2018Order under section 119 of the Income-tax Act, 1961Section 44AB of

Posted in Audit |   4368 Views


Last date for MEF submission extended to 5th Sep due to Kerala floods

   20 August 2018 at 12:53

As our Members are aware that Kerala is facing its worst flood in 100 years, with 80 dams opened and all rivers in spate. A body blow has been dealt to the scenic state, with its infrastructure, standing crops and tourism facilities severely hit. Apa

Posted in Audit |   2475 Views


RBI to issue guidelines for Audit of Banks

   08 August 2018 at 11:09

With regard to Statutory Audit, Reserve Bank of India (RBI) has informed that it has issued Guidelines for appointment of Statutory Central Auditors (SCAs) and Statutory Branch Auditors in Public Sector Banks (PSBs), which covers the norms on eligibi

Posted in Audit |   5508 Views



Popular News




CCI Pro
Meet our CAclubindia PRO Members


Follow us