Audit News
Audit of NBFCs
21 September 2007 at 15:20For the Immediate Attention of the MembersAudits of NBFCsNon Banking Finance Companies (NBFCs) are playing a vital role as the financial resource mobiliser in India given the country's geographical and population spread. However, having regard to the
Mandatory Cost Audit in Service sector
25 August 2007 at 11:26New Delhi, Aug 24 Companies in the services sector and all listedmanufacturing companies may soon have to hire cost accountants undera new formula being worked out by the government to beef up the roleof corporate cost audits.According to sources in
Frequenlty asked questions on MEF
19 August 2007 at 12:35Q 1 - UCN -Not Allotted I have been allotted a Unique Code Number ( UCN) but, when I download the application, UCN field is appearing with the words 'NOT ALLOTTED'. What do I need to do ? Ans The Applicant needs to fi
MEF date extended
13 August 2007 at 08:20Last date for submission of MEF for the year 2007-08 extended to August 21, 2007.Last date for receipt of hard copy of duly signed declaration extended to August 31, 2007.
BANK EMPANLEMENT IS READY !!
11 July 2007 at 22:46IMPORTANT ANNOUNCEMENT Multipurpose Empanelment Application Form for the years 2007-08 Members may please note that the Multipurpose Empanelment Form for 2007-08 has been hosted on the website www.meficai.org on 11th July, 2007. The last date for sub
Mandatory cost auditing norms may be revised
21 June 2007 at 07:38June, 21st 2007Sensitive operational details of a large section of corporate India are likely to come under government scrutiny soon. The ministry of corporate affairs has started reviewing the way it orders mandatory cost audits on companies to opti
Multi Purpose empanelment Form for 2007-2008
09 June 2007 at 03:40Multipurpose Empanelment Form for the year 2007-08Members may please note that the Multipurpose Empanelment Form for the year 2007-08 is likely to be hosted around mid of June, 2007. Members may also note that clear 30 days time would be given for fi
Bank Audit Fees- Revised
07 June 2007 at 03:09Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07 RBI/2006-2007/ 429DBS.ARS.No.BC. 08 / 08.92.001/ 2006-07June 6, 2007CONFIDENTIALThe Chairman & Managing Director, all Nationalised Bank
Auditors with only ICAI certificate to scan books of listed firms
13 May 2007 at 01:22Following the request of the Securities and Exchange Board of India (Sebi), the Institute of Chartered Accountants of India (ICAI) has decided that the audit of listed companies and public sector undertakings will be conducted only by auditors holdin
CAs can accept more tax audit assignments
13 May 2007 at 01:14The Central Council of the Institute of Chartered Accountants ofIndia (ICAI) has increased the ceiling on the number of tax auditassignments that a chartered accountant can accept in a financial yeareither as partner or proprietor. "The ceiling on ta
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