ICAI Debars CA for 2 Months with Fine for Negligence in Certifying SPICe Form for Fintech Company and Rental Agreement [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) recently imposed disciplinary action against a Chartered Accountant ( CA ), citing...
Failure to Request Original Accounting Records Raises Concerns: ICAI Rebukes CA for Neglecting Basic Audit Verification Procedures
The Institute of Chartered Accountants of India ( ICAI ) reprimanded the CA for neglecting audit verification procedures. The CA failed to request original accounting records from the complainant-CA...
Negligent in Reporting Errors in Financial Statements and Letterhead Misuse: ICAI Finds CA Guilty of Professional Misconduct
The Institute of Chartered Accountants of India ( ICAI ) found the CA guilty of professional misconduct negligent in reporting the financial errors and the misuse of the letterhead. The institute...
CA Fails to visit Registered Office of Company and Certified Incorrect Details in INC-22: ICAI Removes Name for 2 Months with Fine
The Institute of Chartered Accountants of India ( ICAI ) has removed the name of the Chartered Accountant ( CA ) for 2 months with a fine of Rs. 20,000 for failing to visit the registered office of...
Foundation and Inter CA Course September, 2024 Exams: ICAI releases Details of Applicable BoS Publication
Institute of Chartered Accountants of India (ICAI) has officially released the details of the Board of Studies (BoS) publications applicable for the Foundation and Intermediate CA Course exams...
ICAI vs Big Four Firms: Five PwC Affiliates get Disciplinary Committee Orders over Misconduct Allegations [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) has found that five affiliates of auditing giant PricewaterhouseCoopers ( PwC ) were violating local laws. In an order released on Friday,...
Limitation on Number of Audits per Year by CA: Supreme Court upholds Operation of ICAI Rule w.e.f. April 1, 2024
On Friday, May 17, the Supreme Court upheld a rule issued by the Institute of Chartered Accountants of India (ICAI) that limits Chartered Accountants to a maximum of 60 tax audit assignments per...
