ICAI Rules in Favour of CA, Dismisses Allegation of Failure to Report Stay Order in Audit Report on Grounds of Lack of Evidence
The Disciplinary Committee of the Institute of Chartered Accountants of India ( ICAI ) rejected the accusation against the Chartered Accountant ( CA...
CA fails to Exercise Due Diligence While Certifying Form 15CB: ICAI suspends CA for Two Years [Read Notification]
The Institute of Chartered Accountants of India (ICAI) has removed the Chartered Accountant Shri Joydeep Roy from the register of members for two years along with a fine of Rs. 25,000/(Rupees...
Error in Classification of Trade Receivables is not a Gross Negligence: ICAI finds CA Not Guilty of Professional Misconduct [Read Notification]
The Institute of Chartered Accountants of India (ICAI) determined that the Chartered Accountant (CA) is not guilty of any professional misconduct as defined in Items (7) of Part 1 of the Second...
Expression of Opinion in Audit Report Without Sufficient Information is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 50,000 [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimanded a Chartered Accountant (CA), imposed a fine of Rupees 50,000 and observed that expression of opinion in audit report without...
![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...
