ICAI Announcements
  

Revised Criteria for classification of Non-company entities for applicability of Accounting Standards

Clarification for Members Regarding requirement to register as Investment Adviser (IA) with SEBI [By Ethical Standards Board]

Extension of last date for payment of Membership /COP fee for the year 2024-25 to 31st December, 2024

Amendments to AS 22, Accounting for Taxes on Income issued by the ICAI
(For non-company entities)

Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects

Revised Applicability of Peer Review Mandate (Phase II & III) [March 16, 2024]

Statement on Continuing Professional Education, 2023
[Updated as on January 30, 2024]

Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)

Sensitization of Companies to abide the provisions of Section 90 of the Companies Act, 2013 read with Rules thereunder relating to Significant Beneficial Ownership

Reporting requirements pertaining to Fees related disclosure to Institute under the revised requirements in Code of Ethics

Amendments to Preface to Auditing Standards and Clarification thereof

Further deferment of second phase of Peer Review Mandate

Changing of cut-off date for the Bank Branch Auditors Panel

Restricting revocation of the UDINs within 48 hours

Deferment of second phase of Peer Review Mandate

Acceptance of certain assignments by the Concurrent Auditor of Bank Branches

FAQs relating to professional ethics of members pertaining to Bank Assignments

Technical Guide on Disclosure and Reporting of Key Performance Indicators (KPIs) in Offer Documents

ICAI Advisory on Audit Trial Compliance by Clients

Implementation Guide on Reporting under Rule 11(g) of Companies (Audit and Auditors) Rules, 2014

A Primer on the Concept of Social Stock Exchange

Framework for Social Audit Standards [Will be applicable from February 4, 2023]

Quality Review Board (QRB) Report on Audit Quality Review

Use of designation "Chartered Accountant" or prefix "CA" by members while expressing views on professional/non-professional matters publicly including on social media

Updation of UDINs at e-filing Portal

Applicable date of certain deferred provisions of Volume-I of Code of Ethics, 2019

Mandatory Evaluation of The Audit Quality Maturity of The Firms using Revised Audit Quality Maturity Model (AQMM Rev v1.0)

Withdrawal functionality of 15CB forms at e-filing portal

External Confirmations through Third Party Vendors

MCA 21 Version 3- LLP filing and Company Filing for 9 Forms

Amendment in the Companies (Accounts) Rules, 2014 relating to availability of books of account and other relevant books and papers maintained in electronic mode at all times and also details of person in control, if service provider is located outside India

Withdrawal of the Guide to Reporting on Proforma Financial Statements (Pursuant to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009)

Major Differences between Ind AS and IFRS Standards and Reason for the Differences

Educational Material on Indian Accounting Standard (Ind AS) 34, Interim Financial Reporting

Amendment in Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016

Important Message: Strict Compliance - regarding Verification/Clarification of documents related to incorporation of a Company or a LLP by Practicing Professionals

Implementation Guide on Reporting under Rule 11(e) and Rule 11(f) of the Companies (Audit and Auditors) Rules, 2014

Guidance Note on the Companies (Auditor’s Report) Order, 2020

The Companies (Indian Accounting Standards) Amendment Rules, 2022

Regarding referring the Database of Companies and Auditors under NFRA domain as on 31st March, 2021 as prescribed by the Central Government under Rule 3 (1) of NFRA Rules, 2018 and Advise to file Form NFRA-2- Annual Return

Amendment in Section 403 of the Companies Act, 2013 and notification of Companies (Registration Offices and Fees) Amendment Rules, 2022 w.e.f. 01st July, 2022

Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR)

Highlights of the amendments passed in the Limited Liability Partnership Act, 2008 through the Limited Liability Partnership (Amendment) Act, 2021 by CL&CGC ICAI

Amendments in Regulations 58 of Chartered Accountants Regulations, 1988 – Supplementary Articles

Chartered Accountants (Amendment) Regulations, 2021 dated July 8, 2021

Clarification on spending of CSR funds for CoVID-19 Vaccination

Commencement notification of provisions of Companies (Amendment) Act, 2020 relating to Rectification of name of Company and insertion of Rule 33A in Companies (Incorporation) Rules, 2014 w.e.f. 01st September, 2021

FAQs on Circular regarding Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 issued by the Ministry of Corporate Affairs on 03.05.2021-Revised

List of Forms where additional fees has been waived off as per Circular 11/2021 and 12/2021 issued by the Ministry of Corporate Affairs

Companies (Creation and Maintenance of databank of Independent Directors) Amendment Rules, 2021

The Companies (Indian Accounting Standards) Amendment Rules, 2021

Amendment in Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016

Revised List of Forms where additional fees has been waived off as per Circular 06/2021 and 07/2021 issued by the Ministry of Corporate Affairs

List of Forms where additional fees has been waived off as per Circular 06/2021 and 07/2021 issued by the Ministry of Corporate Affairs

FAQ on Accounting for amounts to be incurred towards Corporate Social Responsibility (CSR) pursuant to the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021

Clarification by Ministry of Corporate Affairs (MCA) regarding spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc

FAQs on Circular regarding Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 issued by the Ministry of Corporate Affairs on 03.05.2021

Clarification with regard to applicability of the provisions of Section 139 of the Companies Act 2013 read with Rule 5 and 6 of the Companies (Audit and Auditors) Rules, 2014

MCA has made amendments in the provision related to Audit Trail and made them effective for FY commencing on or after 01st April, 2022, on request made by the Institute of Chartered Accountants of India

Commencement notification of provisions of Companies (Amendment) Act, 2020 relating to Unpaid Dividend Account and Valuation by Registered Valuers w.e.f. 24th March, 2021

Amendment in the provisions of Rule 11 of Companies (Audit and Auditors) Rules, 2014, to include additional matters in the Auditor’s Report, w.e.f. 01st April 2021

Amendment in the provisions of Companies (Accounts) Rules, 2014 w.e.f. 01.04.2021

Amendment to the Schedule V of the Companies Act, 2013

Commencement notification of provisions of Companies (Amendment) Act, 2020 relating to Remuneration of Non-Executive Director w.e.f. 18th March, 2021

Amendment in Companies (Management and Administration) Rules, 2014 w.e.f 05.03.2021

The Companies (Management and Administration) Amendment Rules, 2021

Advisory for CA members and students

Commencement notification of certain provisions of Companies (Amendment) Act, 2020 w.e.f. 22nd January, 2021

Clarification on Statutory Auditor of a Company giving feedback to Credit Rating Agencies about Auditee Client

Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 read with rules made thereunder on account of COVID-19- Extension of time

The Companies (Indian Accounting Standards) Amendment Rules, 2020

The Companies (Indian Accounting Standards) Second Amendment Rules, 2019