No Documentary Evidence Showing Verification of Records by Auditor: ICAI Reprimands CA along With Fine for Professional Misconduct [Read Notification]
The Institute of Chartered Accountants of India (ICAI) reprimanded the Chartered Accountant (CA) along with a fine as he was found to be guilty of...
![Expression of Opinion in Audit Report Without Sufficient Information is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 50,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Expression-of-Opinion-in-Audit-Report-Audit-Report-Sufficient-Information-Misconduct-ICAI-taxscan.jpg "Expression of Opinion in Audit Report Without Sufficient Information is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 50,000 [Read Order]")
Non adherence to RBI Circular Prior to Issue of Audit Report is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 1 lakh
The Institute of Chartered Accountants of India (ICAI), reprimanded a Chartered Accountant (CA), imposed a fine of Rupees one lakh and held that non-adherence to Reserve Bank of India (RBI) Circular...
Failure to Report Non-Disclosure and Non-Submission of Annual Return under Foreign Regulation Rules is Professional Misconduct: ICAI Reprimands CA
The Institute of Chartered Accountants of India (ICAI), reprimanded a Chartered Accountant (CA), and observed that failure to report non-disclosure and non-submission of annual return under Foreign...
Failure to Verify Scrap Sale Transaction During Audit is Gross Professional Misconduct under CA Act: ICAI imposes 50000 Fine [Read Order]
The Institute of Chartered Accountants of India (ICAI) imposed a 50000 fine on failure to verify scrap sale transactions during an audit is gross professional misconduct under Chartered Accountants...
Non Recognition of Interest Cost on Borrowings as Non-Performing Assets Amounts to Gross Violation of Professional Misconduct: NFRA Imposes 1 Lakh Fine on CA
The National Financial Reporting Authority (NFRA) has held that non-recognition of interest cost on borrowings as non-performing assets amounts to a gross violation of professional misconduct and...
Signing ITR as True Copies Without Consent of Client is Professional Misconduct: ICAI Reprimands CA [Read Order]
The Institute of Chartered Accountants of India reprimanded a Chartered Accountant (CA) and observed that signing Income Tax Returns (ITR) as true copies without consent of client falls within the...
![Signing ITR as True Copies Without Consent of Client is Professional Misconduct: ICAI Reprimands CA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Signing-ITR-as-True-Copies-Consent-of-Client-is-Professional-Misconduct-ICAI-Reprimands-CA-.jpg "Signing ITR as True Copies Without Consent of Client is Professional Misconduct: ICAI Reprimands CA [Read Order]")
Dissenting Opinion Against ICAI President and Council Members Not Professional Misconduct: ICAI drops Proceedings Against Chartered Accountant [Read Order]
The Institute of Chartered Accountants of India (ICAI) dropped proceedings against a Chartered Accountant and observed that the expressing dissenting opinion against ICAI President and Council...
Non-issuing of Revised Audit Report amounts to Professional Misconduct under CA Act: ICAI Reprimands CA [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimanded Chartered Accountants (CA) for non-issuing of Revised Audit Report. It was alleged that there was a difference of Rs 1,56,864/-...
