Audit News

IT Dept conducts raids in Delhi, Mumbai for alleged manipulation in stock markets
Posted in Audit on 27 July 2022
Income Tax Department carried out a search and seizure operation on 05.07.2022 on a group engaged in agro and textile business, and another group of entry opera..
CAASB releases Exposure Draft of the Revised SCAs seeking public comments till July 8, 2022
Posted in Audit on 25 June 2022
Exposure Draft of the Revised Standards on Cost Auditing (SCAs)..
CAASB releases Exposure Draft of the Revised SCAs seeking public comments till June 23, 2022
Posted in Audit on 03 June 2022
Second Proviso to Section 148(3) of the Companies Act, 2013 states that the auditor conducting cost audit shall comply with the cost auditing standards. ..
ICAI organizes programme to provide extensive understanding of AQMM v 1.0 for prospective trainers
Posted in Audit on 19 May 2022
One Day Train the Trainer Programme for prospective trainers for "The Audit Quality Maturity Model v 1.0."..
ICAI forms an Expert Panel for addressing queries related to Statutory Audit pertaining to Auditing Aspects
Posted in Audit on 16 April 2022
Board has formed an Expert Panel who will provide technical support to the members with respect to their queries and concerns on auditing aspects...
ICAI invites for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects
Posted in Audit on 11 April 2022
Invitation for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects..
ICAI releases 2022 edition of guidance note on audit of banks
Posted in Audit on 11 February 2022
Guidance Note on Audit of Banks (2022 Edition)..
ICAI releases Draft Bank Branch Auditors' Panel of CAs/Firms for the year 2021-22
Posted in Audit on 17 January 2022
We are pleased to inform that the Draft Bank Branch Auditors' Panel(MEF) of Chartered Accountants/firms for the year 2021-22 has been hosted at www.meficai.org..
AAP MP ND Gupta Requests FM Nirmala Sitharaman to Extend Tax Audit Filing Due Date
Posted in Audit on 11 January 2022
ND Gupta, Rajya Sabha MP and Member in Standing Committee of Petroleum & Natural Gas has written a letter to Finance Minister Nirmala Sitharaman and has sought ..
ICAI seeks waiver of penalty for filing of tax audit till 31st March 2022
Posted in Audit on 10 January 2022
Keeping the interest of Professionals and Tax payers ICAI has seeked a waiver of penalty to file various reports under the Income Tax Act, 1961 upto 31st March..