The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) has released the Guidance Note on Audit of Banks (2025 Edition). This annual publication serves as a comprehensive resource for auditors conducting statutory audits of banks and their branches. Official …
The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2025-26. CA Charanjot Singh Nanda has been elected as the President, ICAI and CA Prasanna Kumar D has been elected as the Vice-President, ICAI w.e.f. February 12, 2025. CA Charanjot Singh Nanda, …
The Institute of Chartered Accountants of India (ICAI) has introduced the ICAI (Merger and Demerger of CA Firms) Guidelines, 2024, aimed at streamlining the process of firm mergers and demergers. These guidelines, approved by the ICAI Council at its 432nd meeting held on July 2-3, 2024, mark …
In a landmark move aimed at bolstering the operational efficiency and global competitiveness of Chartered Accountant (CA) firms in India, the Institute of Chartered Accountants of India (ICAI) has officially announced the ICAI (Aggregation of LLPs) Guidelines, 2024. This strategic framework is designed to facilitate the aggregation …
Dear Professional Colleagues, Wish you All a very Happy New Year!! “With every new beginning comes an opportunity to grow. Let this year mark strides in personal growth, India’s success on the global stage, and a united effort towards uplifting humanity.” Looking at the broader horizon, …
Professional Development Committee The Institute of Chartered Accountants of India 30th January, 2025 Announcement Draft Bank Branch Auditors’ Panel (MEF) for the year 2024-25 We are pleased to inform that the Draft Bank Branch Auditors’ Panel (MEF) of Chartered Accountants/firms for the year 2024-25 prepared as …
ICAI released Background Material (Vol-I and Vol-II) on GST – Jan 2025 13th Edition The Institute of Chartered Accountants of India (ICAI) has issued updated Background Material on GST (January 2025 Edition) Volume-I and Volume-II by the GST and Indirect Taxes Committee, revising the publication “Background Material on …
The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft of the Guidance Note on Audit of Banks (2025 Edition) for public comments. This annual Guidance Note provides comprehensive instructions to auditors conducting statutory audits of banks …
Announcement Invitation for Volunteers for World Forum of Accountants (WOFA) ICAI is organizing the World Forum of Accountants (WOFA) with the theme “Accountability Meets Innovation (AI): For a Sustainable Planet,” inspired by India’s philosophy of “Vasudhaiva Kutumbakam” (The World is One Family), focusing on AI-driven solutions …
The Institute of Chartered Accountants of India (ICAI) has released comprehensive guidelines for candidates planning to appear in the May 2025 CA exams. To ensure a seamless application process, students are advised to update their records and fulfill all eligibility criteria via the Self-Service Portal (SSP). …