ICAI

Update: The November 2020 CA Results are expected to be released in the month of February. The tentative date for CA Final results is 1st February 2021. ICAI CA Final Results (Old Course & New Course) held in November 2019 was declared on the evening of 16th of January 2020 around 4 PM. The pass percentage of CA Final New Course was 15.12% and the pass percentage of CA Final Old Course was 10.19%. Generally, the results of the CA Foundation and CA Final are declared on the same date ..

Announcement Foundation, Intermediate (IPC), Intermediate, Final and Final-New Examination Admit Cards Admit cards in respect of candidates admitted to the Foundation, Intermediate (IPC), Intermediate, Final and Final-New examination, with their photographs and signatures on them, are hosted on https://icaiexam.icai.org/ No physical admit cards will be sent to any candidate. Candidates are required to download and print their admit cards from the website. For downloading/printing of ..

A PIL was filed by Advocate Alakh Alok Srivastav seeking to put stay-on the "Opt-Out" Scheme by ICAI, calling the scheme as discriminatory. The PIL filed by the advocate on behalf of India Wide Parents Association also seeks more Exam Centres and more precautions from coronavirus. The first hearing of the PIL was held on the 26th of June, 2020 led by a two-judge virtual bench- HON'BLE MR. JUSTICE A.M. KHANWILKAR HON'BLE MR. JUSTICE DINE..

Update: UDIN generation in bulk for Certificates is now available on UDIN Portal. Using this facility now the members will be able to generate UDIN in bulk (uptil 300) in one go. The complete System of UDIN (Unique Document Identification Number) is designed and developed for ICAI by New Delhi Based Software Company Binarysoft Technologies. The system of Unique Document Identification Number has been launched as it was being noticed that financial documents and certificates were bein..

 Institute of Chartered Accountants of India (ICAI) has extended the due date for filing the Know Your Member (KYM) and Membership Fees payment by one month. The new due date is October 31, 2023.   This extension is a welcome relief for members who have not yet been able to complete the KYM form or pay their membership fees. It also provides additional time for members to address any technical difficulties they may be facing. This was quoted by CA Sangam Aggarwal, Secretary NI..

Institute of Chartered Accountants of India (ICAI) has invited suggestions for the Pre-Budget Memorandum-2024. The ICAI is the apex professional accounting body in India and its Pre-Budget Memorandum is a valuable source of inputs for the Government of India in formulating its annual Budget.   Official copy of the notification has been mentioned below Direct Taxes Committee The Institute of Chartered Accountants of India 23rd September, 2023 ICAI invites suggestions for Pre-Bu..

Professional Development Committee The Institute of Chartered Accountants of India 19th September, 2023 Announcement Hosting of Multipurpose Empanelment Form (MEF): 2023-24 Professional Development Committee (PDC) is pleased to host the Multipurpose Empanelment Form (MEF) for the year 2023-24, which is available at www.meficai.org.  Before filling the MEF, Members are advised to go through the Advisory. Registration / Login Credentials Existing Applicants:   A..

ICAI has released updated FAQs on Unique Document Identification Number (UDIN) on its website. The updated FAQs cover a wide range of topics, including:   The definition of UDIN Who is required to generate UDIN When UDIN should be generated How to generate UDIN The consequences of not generating UDIN Click here to download the updated FAQs here ..

ICAI releases Revised 2023 Edition of Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961.  The Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 is a comprehensive document issued by the Institute of Chartered Accountants of India (ICAI) to provide guidance to chartered accountants on the conduct of tax audits under this section. The note covers all aspects of tax audit, from the eligibility criteria for audit to the scope of audit and ..

Dear Professional Colleagues, "Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance." - Ban Ki Moon, Former UN Secretary General As we celebrate India's G20 Presidency, the ascent of India as a global leader has been inspiring. As India hosts the G-20 Summit this month it is a very proud moment for all of us to showcase our p..

Examination Department The Institute of Chartered Accountants of India 25th August, 2023 13-CA (Exams)/Observer Empanel /November/December - 2023 IMPORTANT ANNOUNCEMENT SUB: EXTENSION OF LAST DATE FOR ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR NOVEMBER/DECEMBER 2023 EXAMINATIONS UP TO 10TH September 2023.   It has been decided to extend the Last date of online empanelment of members to act as observers at the examination centres for the Chartered Accountants'..

Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme of Education and Training w.e.f. May 2024 Examination New Scheme of Education and Training of the Institute of Chartered Accountants of India has been implemented with effect from 1st July 2023. The examination at Intermediate and Final levels under the New Scheme of Education and Training will be held with effect from May 2024 Examination. The Council of the Institute has decided to..

ANNOUNCEMENT Mock Test Papers Series - I for Students appearing in CA Final/Intermediate November 2023 Examinations The Board of Studies (Academic) is commencing Mock Test Papers Series - I from September 05th, 2023 for Students appearing in CA Final/Intermediate Course November 2023 Examinations. The Mock Test Paper Series - I will be conducted in physical/virtual mode(s). Students interested in physical mode may approach the respective branches in their area. The schedule for the s..

ANNOUNCEMENT Mock Test Papers Series - I for Students appearing in CA Foundation Course December 2023 Examinations The Board of Studies (Academic) is commencing Mock Test Papers Series - I from 13th October 2023 for Students of CA Foundation Course appearing in December 2023 Examinations. The Mock Test Paper Series - I will be conducted in physical/virtual mode(s). Students interested in physical mode may approach the respective branches in theirarea. The schedule for the same is as ..

Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 19th August, 2023 Amendment to the "Clarification Regarding Authority Attached to Documents Issued by the Institute" and Consequential Amendment to the "Preface to the Standards on Quality Control, Auditing, Review, Other Assurance and Related Services" I. In 1985, the Council of the Institute of Chartered Accountants of India had issued a Clarification namely "Clarification Re..

Institute of Chartered Accountants of India (ICAI) has rescheduled the CA Foundation December 2023 exams. The exams were earlier scheduled to be held on December 24, 26, 28, and 30, 2023, but have now been rescheduled to December 31, January 2, 4, and 6, 2024. Official copy of the notification has been mentioned below   Important Announcement Sub: Re-schedulement of Foundation Course Examinations, December 2023 In continuation of the Institute Announcement No. 13-CA(EXMAS)/No..

Board of Studies (Academic) The Institute of Chartered Accountants of India 13th August, 2023   Re: Relaxation to Old Course Students to commence 3 years of Practical Training - (i) who have passed one of the groups of Intermediate Examination under Old Scheme. (ii) who have registered / provisionally registered in Intermediate through Direct Entry Route under Old Scheme. (iii) who have converted from Intermediate (Foundation/CPT Route) to Intermediate (Direct Entry Scheme)..

The details of percentage of candidates passed in the CA Foundation June 2023 Exams is as follows:   GENDER No. of candidates appeared No. of candidates passed % of pass MALE 55573 14448 25.99 FEMALE 47944 11412 23.80 Total 103517 25860 ..

Dear Professional Colleagues, "I am confident that you all will discharge your responsibilities diligently and the profession of Chartered Accountancy will be seen as the 'Pillars of Economic Governance'." - Smt. Droupadi Murmu, Honorable President of India The future of our profession is an evolving story of innovation, adaptability, and purpose-driven actions. As we envision this future, we must embrace the numerous possibilities of technology while remaining anchored i..

The Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 for the Assessment Year 2023-24. The Exposure Draft was released on 22nd July 2023 and the last date for submitting comments is August 6th 2023. The Exposure Draft covers a wide range of topics, including The scope of tax audit under Section 44AB The qualifications of the auditor The procedures to be followed by the auditor ..