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Today ICAI Latest Update and Announcement & Official News

latest official update icai

The Institute of Chartered Accountants of India is a statutory body as it came into existence by passing an act of the parliament viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949). A Bill is a draft that has to pass through the Lok Sabha and the Rajya Sabha before it becomes an Act of Parliament. 

The basic objective of the ICAI is to regulate the profession of Chartered Accountancy. The framework of ICAI has been designed by constitutional bodies i.e. it comes within the administrative control of the Ministry of Corporate Affairs, the Government of India. The ICAI is the second largest body of accounting and finance across the globe. As India is a welfare state, its basic objective is to serve the public interest and the nation’s economy and ICAI is in furtherance of the aforesaid objectives.

Here you will get the complete details based on ICAI with the latest notifications and official important updates. The major updates will be passed on to the viewers with genuine fact checks and are provided for better clarity to the taxpayers, and chartered accountants for the best implementation of the compliance. The ICAI’s latest announcements will provide the latest extension of dates and many more.

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    ICAI Latest Updates & Announcements

    14th February 2024

    Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May/June 2024 – Read PDF

    14th February 2024

    “Guidance Note on Audit of Banks (2024 Edition)” – Read PDF

    12th February 2024

    “Implementation Guide on Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 (Revised 2024 Edition)” – Read PDF

    7th February 2024

    Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised) – Read PDF

    7th February 2024

    “Result of the Chartered Accountants Foundation Examinations held in December 2023/January 2024 declared”. – Read PDF

    7th February 2024

    “Result of the Post Qualification Course Examination (Information Systems Audit [ISA] Assessment Test – January 2024) declared.” – Read PDF

    2nd February 2024

    “Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU)” – Read PDF

    30th January 2024

    “Issuance of CPE Statement, 2023: Guidelines on Continuing Professional Education for undergoing CPE Activities by Members of ICAI” – Read PDF

    29th January 2024

    “ICAI invites suggestions/comments from members on Company Rules to examine the existing Rules and make suitable revisions/ amendments therein to enhance Ease of Doing Business and Compliance and to have a robust corporate governance framework by 12.00 Noon on 10th February 2024” – Read PDF

    25th January 2024

    “Important Announcement for May-June 2024 CA Examinations” – Read PDF

    25th January 2024

    “Draft Bank Branch Auditors’ Panel (MEF) for the year 2023-24” – Read PDF

    21st January 2024

    “Office hours arising out of Security Arrangements for Republic Day – 2024” – Read PDF

    21st January 2024

    “Circular for Half day closing (till 2.30 P.M.) of ICAI offices on 22nd January 2024” –Read PDF

    9th January 2024

    “Post Qualification Course – Diploma on Management and Business Finance (DMBF) January 2024 Examination” – Read PDF

    9th January 2024

    “Results of the Chartered Accountants Final and Intermediate Examinations held in November 2023 declared.” – Read PDF

    9th January 2024

    “Results of the Post Qualification Course Examinations (International Taxation Assessment Test, Insurance & Risk Management) held in November 2023 declared.” – Read PDF

    4th January 2024

    “Observations of the candidates on the question papers of CA Foundation examinations – December” – 2023 – Read PDF

    4th January 2024 – “Candidates’ observations on the CA Foundation exam question papers – December 2023” – Read PDF

    4th January 2024 – “Results of the Chartered Accountants Final and Intermediate Examinations held in November 2023 are likely to be declared on Tuesday, the 9th of January 2024.” – Read PDF

    4th January 2024 -“Results of the Post Qualification Course Examinations Inviting suggestions by way of Questionnaire for preparation of ICAI Vision 2049” – Read PDF

    1st January 2024 – “Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)” – Read PDF

    22nd December 2023 – “Empanelment of Chartered Accountant firms/LLPs for the year 2024-2025” – Read PDF

    10th December 2023 – “Clarifications on the requirement for completion of Advanced ICITSS and the Advanced IT Test thereunder, concerning eligibility to appear in the CA Final examination, under CA Regulations 31(v)”. – Read PDF

    22nd December 2023 – “Commencement of 1st Physical Batch of the Certificate Course on “Executive Master Program-New Age Auditors” – Read PDF

    10th December 2023 – “SAFA Best Presented Annual Report Awards, Integrated Reporting Award and SAARC Anniversary Award for Corporate Governance Disclosures 2022 on December 22, 2023 (Friday) at Radisson Blu, Kaushambi, Ghaziabad.” – Read PDF

    18th December 2023 – Exposure Draft on proposed Consequential provisions for non-compliance with CPE hours requirement on a yearly basis from calendar year 2024 onwards. – Read PDF

    12th December 2023 – “Exposure Draft on Financial Instruments with Characteristics of Equity – Proposed amendments to IAS 32, IFRS 7 and IAS 1” – Read PDF

    10th December 2023 – “Exposure Draft of Guidance Note on Audit of Banks (2024 Edition) issued by the Auditing and Assurance Standards Board.” – Read PDF

    6th December 2023 – “Information Systems Audit – Assessment Test (ISA – AT), January 2024” – Read PDF

    4th December 2023 – “Expression of Interest for empanelment of subject experts at the Foundation, Intermediate and Final levels of the CA course and Self-paced Online Modules” – Read PDF

    22nd November 2023 – “Exposure Drafts of Standards on Auditing for Limited Liability Partnerships” – Read PDF

    20th November 2023 – QRB Report on Audit Quality Review – 2022-23 – Read PDF

    20th November 2023 – Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS)-Adv. Information Technology Test-Computer Based Mode (CBT)-Dec 2023, Jan, Feb, Mar 2024. – Read PDF

    13th November 2023 – One-Time Window for MEF 2023-24 – Read PDF

    13th November 2023 – Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A & Set-B) – Read PDF

    9th November 2023 – Empanelment of Chartered Accountant firms/LLP by Office of C&AG from the empanelment year 2024-2025 – Read PDF

    2nd November 2023 -“Observations of the candidates on the question papers of CA examinations – November” Read PDF

    1st November 2023 – “Exposure Draft of Lack of Exchangeability – Amendments to Ind AS 21 Read PDF

    27th October 2023 -Exposure Draft on Accounting Standards for Limited Liability Partnerships – Read PDF

    10th October, 2023 – “Archiving of UDINs” – Read PDF

    18th October 2023 – “Sensitization of Companies to abide the provisions of Section 90 of the Companies Act, 2013 read with Rules thereunder relating to Significant Beneficial Ownership” – Read PDF

    17th October, 2023 – Convocation November – 2023 – Read PDF

    14th October 2023 – Postponement of Chartered Accountant Examinations, November 2023 due to Elections of Legislative Assembly in The State of Chhattisgarh and Madhya Pradesh – Read PDF

    11th October 2023 – Manual on Concurrent Audit of Banks (2023 edition) – Read PDF

    11th October 2023 – Technical Guide on Internal Audit of Pharmaceutical Industry (2023 edition) – Read PDF

    6th October 2023 – Reporting requirements of Fees related disclosure to the Institute under the revised requirements in the Code of Ethics – Read PDF

    4th October 2023 – Announcement for Extension of Last Date for Submitting MEF 2023-24 from 06th October to 21st October 2023 – Read PDF

    30th September 2023 – “Extension of the last date for payment of Membership /COP fee for the year 2023-24 to 31st October 2023.”- Read PDF

    23rd September 2023 – “ICAI invites suggestions for Pre-Budget Memorandum-2024” – Read PDF

    6th September 2023 -“Hosting of Multipurpose Empanelment Form (MEF): 2023-24” – Read PDF

    6th September 2023 – Technical Guide on Audit of Non-Banking Financial Companies (Revised 2023 Edition) – Read PDF

    6th September 2023 – “Closure of Delhi office premises from 08.09.2023 to 10.09.2023” – Read PDF

    6th September 2023 – Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 (Revised 2023) – Read PDF

    6th September 2023 – “Extension of Last Date for Online Empanelment of Members to act as Observers for November/December 2023 Examinations up to 10th September 2023”. – Read PDF

    24th August 2023 – “Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme of Education and Training w.e.f. May 2024 Examination” – Read PDF

    19th August 2023 – “Amendment to the “Clarification Regarding Authority Attached to Documents Issued by the Institute” and Consequential Amendment to the “Preface to the Standards on Quality Control, Auditing, Review, Other Assurance and Related Services” – Read PDF

    18th July 2023 – Request for Information regarding the IASB’s post-implementation review of IFRS 15, Revenue from Contracts with Customers – Read PDF

    12th July 2023 – Public comments are invited on draft amendments to the Chartered Accountants Regulations, 1988 resulting from the Amendment Act 2022 – Read PDF

    11th July 2023 – The following Exposure Drafts were made for SQM 1, SQM 2, SA 220 (Revised), SA 250 (Revised), SA 315 (Revised), SA 540 (Revised), and SRS 4400 (Revised) – Read PDF

    6th July 2023 -The ICAI Research Project Scheme 2023 is an initiative of the Research Committee – Read PDF

    6th July 2023 – ICAI Doctoral Scholarship Scheme 2023 – An Initiative by the Research Committee (Last Date: September 30, 2023) – Read PDF

    6th July 2023 -The Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) – Advanced Information Technology Test – Read PDF

    6th July 2023 -The results of the Chartered Accountants Final and Intermediate Examination were announced in May 2023. – Read PDF

    5th July 2023 – “Results of Post Qualification Course Examination (International Taxation Assessment Test ) held in May 2023 declared”. – Read PDF

    6th July 2023 – “Important Announcement for November-December 2023 CA Examinations” – Read PDF

    3rd July 2023 – “Audit Working Paper Templates” – Read PDF

    30th June 2023 Changing the cut-off date to 1st July instead of 1st January of every year for the Bank Branch Auditors Panel – Read PDF

    27th June 2023 – “Announcement – Empanelment Application for the Year 2023-24 hosted by The O/o C&AG” – Read PDF

    23rd June 2023 – “Observations of the candidates on the question papers of CA examinations – June 2023” – Read PDF

    23rd June 2023 – “Restricting revocation of the UDINs within 48 hours” – Read PDF

    23rd June 2023 -“Announcement for New Scheme of Education and Training” – Read PDF

    22nd June 2023 “Checklist on Standards on Auditing” – Read PDF

    19th June 2023 – “Announcement for Candidates for appearing in the December 2023 Foundation Examination under the Existing Scheme of Education and Training – Read PDF

    5th June 2023 -“Call for Papers – IIM Jammu Conference” – Read PDF

    1st June 2023 -“Exposure Drafts of Guidance Notes on Forensic Accounting and Investigation Standards (FAIS)” – Read PDF

    30th May 2023 – “Empanelment with the O/o C&AG of India for the year 2023-2024 from May 30, 2023, to June 8, 2023” – Read PDF

    11th May 2023

    “The next ICAI Convocation will be held at the following Cities as per the dates mentioned, for Members who are enrolled during the period from 1st October 2022 to 30th April 2023″ Read Also

    10th May 2023

    “Deferment of the second phase of the Peer Review Mandate” – Read Also

    10th May 2023

    “Exposure Draft on Amendments to the Classification and Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFRS 7)” – Read PDF

    9th May 2023

    “Short Term Research Studies – Call for Research Proposal by Research Committee (open around the year)” – Read PDF

    2nd May 2023

    “Observations of the candidates on the question papers of CA examinations May 2023” – Read PDF

    27th April 2023

    The Chartered Accountants examination was scheduled to take place on 10th May 2023 (Wednesday) at the Examinations Centres in Jalandhar (Punjab) and Jharsuguda (Odisha). Read PDF

    18th April 2023

    The ICAI International Research Awards 2023 are organized by the Research Committee (Last Date: June 30, 2023). Read PDF

    17th April 2023

    Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April 2023 – Read PDF

    17th April 2023

    Auditing and Assurance Standards Board – Expert Panel for Addressing Queries related to Statutory Audit pertaining to Auditing Aspects – Read PDF

    14th April 2023

    14th April 2023 – Closed for Holiday – Read PDF

    12th April 2023

    Granting 4 Structured CPE hours in online mode through Digital Learning Hub and compliance of CPE hrs requirement Calendar year-wise from 2023 onwards.- Read PDF

    12th April 2023

    ICAI Awards for Excellence in Financial Reporting 2022-23 is organized by the Research Committee (Last Date: October 15, 2023) – Read PDF

    9th April 2023

    Acceptance of certain assignments by the Concurrent Auditor of Bank Branches – Read PDF

    6th April 2023

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

    1st April 2023

    Postponement of the Chartered Accountants Examination scheduled to be held on 10th May 2023 (Wednesday) at the Examination Centres in the State of Karnataka – (01-04-2023)

    1st April 2023

    Updation of Member’s Profile at Self Service Portal with GSTIN – Read PDF

    28th March 2023

    “Restraint order against Institute of Cost Accountants of India” – Read PDF

    28th March 2023

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

    23rd March 2023

    “Implementation of Know your Member (KYM) Form” – Read PDF

    21st March 2023

    “Exposure Draft of Guidance Note on Transfer of Capital Reserve (Last date of comments: 20th April 2023) – Read PDF

    16th March 2023

    “Guidance Note on Audit of Banks (2023 Edition)” – Read PDF

    7th March 2023

    “Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2023 Examinations up to 15th March 2023”. – Read PDF:

    7th March 2023

    “Implementation Guide to SA 580, Written Representations” –Read PDF

    10th February 2023

    “A Primer on the Concept of Social Stock Exchange” – Read PDF

    8th February 2023

    “Announcement for Students at Intermediate and Final level eligible for appearing in November 2023 CA Examination”. – Read PDF

    8th February 2023

    “Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships for comments” – Read PDF

    8th February 2023

    “Framework for Social Audit Standards” – Read PDF

    3rd February 2023
    “Results of the Chartered Accountants Foundation Examination held in December 2022 declared.” – Read PDF

    3rd February 2023

    “Results of the Post Qualification Course Examinations ([ISA] Assessment Test, International Taxation Assessment Test & Insurance & Risk Management) declared.” – Read PDF

    3rd February 2023

    “Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MOU) from 12th to 16th June, 2023” – Read PDF

    3rd February 2023

    “First Level Test of the Special Examination for Overseas Citizen of India holding Professional Accountancy Qualification under the Scheme specified under “Schedule B” of Chartered Accountants (Amendment) Regulations, 2014, notified vide Notification No. 1-CA(7)/154/2014 dated 22.07.2014″ – Read PDF

    1st February 2023

    Important Announcement – “Empanelment of Members to act as Observers at The Examination Centres for The Chartered Accountants Examinations May/June 2023” Read PDF

    1st February 2023

    “ICAI invites suggestions on tax proposals for Union Budget 2023-24” – Read PDF

    26th January 2023

    MCA 21 Version 3 – LLP filing and Company Filing for 56 Forms – Issues/ Feedback (If any) – Initiative of the Corporate Laws & Corporate Governance Committee of ICAI – Read PDF

    23rd January 2023

    “Webinar on Awareness on MCA21 V3 Company filings on 23 January 2023 from 3:00 pm to 5:00 pm” – Read PDF

    21st January 2023
    “Office hours arising out of Security Arrangements for Republic Day – 2023” – Read PDF

    17th January 2023

    Convocation – 2023 – Read PDF

    17th January 2023

    Exposure Draft of the International Non-Profit Accounting Guidance (INPAG)- Part 1 – Read PDF

    16th January 2023

    Exposure Draft on International Tax Reform – Pillar Two Model Rules (proposed amendments to IAS 12) – Read PDF

    14th January 2023

    Social Audit Standards (SAS) 100 to 1600 – Read PDF

    14th January 2023
    Technical Guide on Digital Assurance – Read PDF

    13th January 2023
    “Exposure Draft of Guidance Note on Audit of Banks, 2023 edition issued by the Auditing and Assurance Standards Board”

    10th January 2023

    “Results of the Chartered Accountants Final and Intermediate Examination held in November 2022 declared.”

    2nd January 2023

    “Draft Bank Branch Auditors’ Panel (MEF) for the year 2022-23” – Read PDF

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