Quick Summary
Important decisions taken by the Council of the ICSI at its meeting held on 26thSeptember, 2020 1. Approved the Annual Accounts and Annual Report of the Institute for the Financial Year 2019-20. 2. Setting up of ICSI Overseas Centre at Singapore, Australia and Canada. 3. Approved the amendments to eCSin Guidelines - 2019 and the eCSin Amnesty Scheme-2020. 4. Approved the Guidance Note on Independent Directors. 5. Extended the mandatory applicability of ICSI Auditing Standards (CSA
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FAQ :
The Council approved annual accounts and reports, decided to set up overseas centres in Singapore, Australia, and Canada, approved amendments to eCSin Guidelines and the eCSin Amnesty Scheme, and approved a Guidance Note on Independent Directors.
The mandatory applicability of ICSI Auditing Standards (CSAS-1 to CSAS-4) has been extended from 1st October 2020 to 1st April 2021.
New ICSI Overseas Centres will be set up in Singapore, Australia, and Canada.
The Council approved the conduct of online tutorials and doubt-clearing classes for students appearing in the December 2020 examination session. Additional ad-hoc examination centres were also approved.
Yes, a Guidance Note on Independent Directors was approved, and an Exposure Draft Guidance Note on Auditing Standard on Secretarial Audit CSAS-4 was approved for public comments.
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