The CA Institute, the world’s largest accounting and audit physique, has authorized the second model of Audit High quality Maturity Mannequin (AQMM) that may be obligatory on audit corporations of sure public curiosity entities. AQMM 2.0, developed by ICAI’s centre for audit high quality, will likely be relevant on corporations auditing a listed entity; or … Read more
The CA Institute has constituted a 16-member group to information the Central Council on the problems round NFRA’s proposed modifications to a key auditing normal SA 600 on ‘Utilizing the Work of One other Auditor’. This group is predicted to current a report, and a notice for the consideration of the ICAI Central Council, which is … Read more
The CA Institute on Friday mentioned that its latest disciplinary actions on a number of multinational accounting companies (MAFs) arose out of the instructions of Supreme Court docket’s February 2018 order within the S. Sukumar vs ICAI case. These disciplinary actions align totally with the authorized framework outlined within the CA Act and its guidelines and … Read more
The CA Institute’s Central Council has permitted a coverage doc on the Centre of Excellence (CoE), aiming to foster analysis, innovation and studying inside the accounting career and place ICAI globally as a thought chief. It has at its two-day assembly that ended on Friday permitted plans to open 9 extra COEs throughout the nation … Read more
CA Institute, which is world’s largest accounting physique, has invited solutions from its members on the adjustments mandatory in present Firm Legislation associated guidelines in order to reinforce Ease of Doing Enterprise and have a strong company governance framework. Additionally learn:ICAI enters into MoU with 11 Universities Members have been requested to ship of their … Read more