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External Confirmations through Third Party Vendors: ICAI Advises Chartered Accountants to Obtain Direct Confirmations from Banks
The Institute of Chartered Accountants of India (ICAI) has advised the Chartered Accountants fraternity to obtain direct confirmation from concerned...
![There is No Presumption in Law that Everyone Knows the Law: Illiterate & People who Rarely coming in Touch with law shall be Excused, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Law-Illiterate-ITAT-taxscan.jpeg "There is No Presumption in Law that Everyone Knows the Law: Illiterate & People who Rarely coming in Touch with law shall be Excused, rules ITAT [Read Order]")
![NFRA considers to speed up resolving Disciplinary matters with Auditors [Read Report]](https://www.taxscan.in/wp-content/uploads/2021/06/NFRA-resolving-disciplinary-matters-auditors-taxscan.jpg "NFRA considers to speed up resolving Disciplinary matters with Auditors [Read Report]")
Scope of reporting by Auditors in Audit report broadened: MCA notifies Companies (Audit and Auditors) Amendment Rules, 2021 [Read Notification]
The Ministry of Corporate Affairs(MCA) has notified the Companies (Audit and Auditors) Amendment Rules, 2021 so as to broaden the scope of reporting by Auditors in the Audit report. The...
![Scope of reporting by Auditors in Audit report broadened: MCA notifies Companies (Audit and Auditors) Amendment Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/Auditors-in-Audit-report-MCA-Companies-Audit-and-Auditors-Amendment-Rules-2021-Taxscan-opengraph.jpg "Scope of reporting by Auditors in Audit report broadened: MCA notifies Companies (Audit and Auditors) Amendment Rules, 2021 [Read Notification]")
Auditors no longer just watchdog, Stop taking shelter under this misconception says NFRA Chief [Read Speech]
The National Financial Reporting Authority (NFRA) has urged the audit fraternity to refrain from taking shelter under the much-venerated description of the auditor “being only a watchdog and not a...
RBI directs Banks to make detailed Board approved policy on methodology and periodicity for review/renewal of Credit facilities [Read Circular]
The Reserve Bank of India (RBI) has directed to make detailed Board approved policy on methodology and periodicity for review/renewal of credit facilities on ad-hoc/short review/renewal of credit...
![RBI directs Banks to make detailed Board approved policy on methodology and periodicity for review/renewal of Credit facilities [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/08/RBI-methodology-periodicity-credit-facilities-Taxscan.jpg "RBI directs Banks to make detailed Board approved policy on methodology and periodicity for review/renewal of Credit facilities [Read Circular]")
