Audit News
Rotation of auditors not to apply if a company ceases to fall under Rotation principles
30 January 2019 at 11:27AnnouncementRegarding Clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in subsequent years.This is regarding the ap
Guidance note on Audit of Banks 2019
23 January 2019 at 11:12Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economic growth and financial stability in the economy. There are different types of banking institutions prevailing in
Empanelment of CA firms with CAG for 2019-20
31 December 2018 at 16:47OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI - 110124Empanelment of Chartered Accountant Firms/LLPs for the year 2019-2020Online Applications are invited from Chartered Accountant firms/LLPs who desire
Final Bank Branch Auditors panel hosted for 2018-19
14 December 2018 at 11:12The Final Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2018-19 has been hosted at www.meficai.org and will be available till 14th December, 2018. Thereafter the panel will be submitted to RBI. Professional Development
Implementation guide on resignation of Auditor by ICAI
01 December 2018 at 13:31Implementation Guide on Resignation/ Withdrawal from an Engagement to Perform Audit of Financial StatementsIntroduction1. The objective of this Implementation Guide is to provide guidance to auditors in case of resignation/ withdrawal from an engagem
Annual report and audited accounts of ICAI for 2017-18
29 November 2018 at 15:36ANNOUNCEMENTSub: 69th Annual Report and Audited Accounts of the Institute for the year 2017-18 In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Account
Standards on Internal Audit issued by ICAI
28 November 2018 at 11:49Preface to the Framework and Standards on Internal Audit Framework Governing Internal Audits Basic Principles of Internal Audit Standard on Internal Audit (SIA) 210, Managing the Internal Audit Function Standard on Internal Audit (SIA) 220, Cond
Draft guidance note on Audit of Banks 2019 edition
28 November 2018 at 11:49Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economic growth and financial stability in the economy. There are different types of banking institutions prevailing in
ICAI withdraws implementation guide on Auditor's report for specified bank notes
26 November 2018 at 11:32Withdrawal 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
Survey on the state of the internal audit profession by ICAI
21 November 2018 at 11:38Internal 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
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