Today ICAI Latest Update and Announcement & Official News

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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 to 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, chartered accountants for the best implementation of the compliance. The ICAI latest announcements will provide any latest extension of dates and many more.

ICAI Latest Update & Announcements

15th September 2021

“Exemption of CA Course fee for students who have lost their any
parent during Covid-19 pandemic” Read PDF

13th September 2021

“Results of the Chartered Accountants Final Examination (Old Course & New Course) and Foundation Examination held in July 2021 are likely to be declared on Monday, the 13th September 2021(evening)/Tuesday the 14th September 2021 ” Read PDF

13th September 2021

Results of the PQC Exams i.e. Information Systems Audit [ISA] Assessment Test, Insurance & Risk Management, and International Taxation Assessment Test are likely to be declared on Monday, the 13th September 2021(evening)/Tuesday, the 14th September 2021-(10-09-2021) Read PDF

9th September 2021

Result of Online Examination for Certificate Course on BRSR held on September 5, 2021, declared – SRSB, ICAI – Read PDF

8th September 2021

“Students converted from earlier scheme to revised scheme from July 21, 2021, to August 20, 2021, allowed to appear in Old/ New scheme in November 2021 examination” – Read PDF

6th September 2021

“CSR Committee of ICAI proudly announces 7th batch of Certificate Course on CSR through online mode, for members of ICAI.” Read PDF

3rd September 2021

“Exposure Draft of Guidance Note on Division III – NBFCs that are required to comply with Ind AS Schedule III to the Companies Act, 2013(Comments to be received by September 10, 2021) – (03-09-2021)” Read PDF

3rd September 2021

“Exposure Draft of Guidance Note on Division II – Ind AS Schedule III to the Companies Act, 2013(Comments to be received by September 10, 2021)” Read PDF

3rd September 2021

“Exposure Draft of Guidance Note on Division I – Non-Ind AS Schedule III to the Companies Act, 2013(Comments to be received by September 10, 2021)” Read PDF

31st August 2021

“Exposure Draft of Revised Accounting Standards for Public Comments” Read PDF

27th August 2021

“Launch of New Online Batches for ‘Certificate Course in Indian Accounting Standards (Ind AS)” – Read PDF

27th August 2021

“Result of the online Examination of the Certificate Course on Forex and Treasury Management held on 7th & 8th August 2021” Read PDF

26th August 2021

“Frequently Asked Questions (FAQs) on Corporate Social Responsibility
(CSR) as issued by the Ministry of Corporate Affairs on 25th August 2021″ Read PDF

25th August 2021

“Amendment in Companies (Appointment and Qualification of Directors)
Rules, 2014- A Chartered Accountant in practice for at least 10 years is not
required to clear online proficiency test to become Independent Director” Read PDF

23rd August 2021

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

20th August 2021

Multipurpose Empanelment Form (MEF) – You may be aware that the Professional Development Committee of the ICAI hosts the Multipurpose Empanelment Form every year to be filled by the CA Firms and Members applying for the Bank Audits and other assignments. Read Pdf

20th August 2021

Extension of the last attempt to appear in CA Final and Intermediate old
course examination Read PDF

17th August 2021

“Notification for Online Assessment Test (AT) for Certificate Course on Forensic Accounting and Fraud Detection on Saturday the 11th September 2021” Read PDF

16th August 2021

“Amendments in Regulations 58 of Chartered Accountants Regulations, 1988 – Supplementary Articles” – Read PDF

13th August 2021

“Booklet on Valuation: VCM ATQs on “Learnings from the Observations of Peer Review of Valuation Reports” on 11th July 2021 – Series 8.” – Read PDF

13th August 2021

“Exposure Draft of Revised AS 105, Non-current Assets Held for Sale and Discontinued Operations” – Read PDF

13th August 2021

“Announcement on Chartered Accountants (Amendment) Regulations, 2021 dated July 8, 2021” Read PDF

13th August 2021

“Publication: Handbook on Do’s and Don’ts for IPs under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI” Read PDF

13th August 2021

“Booklet on Valuation: VCM ATQs on “Valuation of Startups” held on 25th July 2021- Series-10.” – Read PDF

13th August 2021

“Booklet on Valuation: VCM ATQs on “ESOP Valuation- Model and Issues” held on 18th July 2021- Series-9″ Read PDF

13th August 2021

“Extending the date for completion of ICITSS (ITT and OC) for provisionally registered students through Direct Entry Route for appearing in May 2022 Intermediate Examination”- Read PDF

“Booklet on Valuation: VCM ATQs on “Learnings from Judicial Pronouncements in Valuation” held on 4th July 2021- Series 7.” Read Pdf

11th August 2021

“Office hours arising out of Security Arrangements for Independence Day – 2021” Read Pdf

10th August 2021

Important Announcement for December 2021 CA Examinations – “Institute of Chartered Accountants of India is pleased to announce that the next
Chartered Accountants Foundation, Intermediate (IPC) (Old Scheme), Intermediate (New Scheme), Final(Old Scheme as well as New Scheme) Examinations will be held on the dates and places which are given
below provided that a sufficient number of candidates offer themselves to appear from each of the below-mentioned places.” Read PDF

9th August 2021

“Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB) of IFRS Foundation.” Read PDF

7th August 2021

Relaxation for provisionally registered students through Direct Entry Route for appearing in May 2022 Intermediate Examination. Read PDF

7th August 2021
“Extension of the time period for admission in Foundation Course for appearing in Foundation Examination to be held in December 2021” Read PDF

6th August 2021

“Publication: Handbook on Claims under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI” Read PDF

5th August 2021

10 Weeks Online Management Development Programme: Leadership Beyond Boundaries (Batch 3) Steered By Eminent CAs/National/International Faculties from 04 September to 10 November 2021 at Centre of Excellence, Hyderabad. Read PDF

4th August 2021

“Announcement of Online Examination of the ‘Certificate Course on Ind AS’ to be held on 3rd October 2021” Read PDF

4th August 2021

“Consent for registration for Exclusive Blended Online Weekend Batch of the Spanish language (level A1.1) for ICAI Members and Students w.e.f. 21st August 2021” Read PDF

4th August 2021

Check your level for Business English course and Register for Online Business English Language Course in collaboration with British Council for ICAI Members & Students” Read PDF

4th August 2021

“2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016” Read PDF

3rd August 2021

“Result of the online Examination of the Certificate Course on Derivatives held on 24th July 2021” Read PDF

3rd August 2021

“Exposure Draft on Initial Application of IFRS 17 and IFRS 9 – Comparative Information Proposed amendment to IFRS 17” – Read PDF

2nd August 2021

“Inviting Expression of Interests from members for contributing in the development of Knowledge Data warehouse on Ind AS” – Read PDF

31st July 2021

“Clarification on the spending of CSR funds for CoVID-19 Vaccination
– The Ministry of Corporate Affairs had earlier clarified vide its circular dated 23.03.2021 that spending of CSR funds for CoVID-19 is an eligible CSR Activity”. Read PDF

30th July 2021

“Exposure Draft of Disclosures of Accounting Policies – Amendments to Ind AS 1, Presentation of Financial Statements – As you are kindly aware that the Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB). In this regard, it may be noted that IFRS Standards are being issued/revised by the IASB from time to time.” Read Pdf

27th July 2021

  • “ICAI International Sustainability Reporting Awards 2020-21 for Excellence in Sustainable Initiatives and Innovations organized by SRSB, ICAI (Last Date: November 15th, 2021)” Read PDF

26th July 2021

  • “Ind AS Implementation Committee is pleased to announce the launch of online ‘Refresher Course on Ind AS’. For more information and registration, kindly visit the link(s) below:-” Read PDF

24th July 2021

  • Ichalkaranji, Kolhapur, Ratnagiri, Sangli and Satara are the cities where there are adverse whether conditions to which ICAI had tell about. Because of the natural calamities and issues there is no control for the same of the examinees of the entry level examination. Read PDF

24th July 2021

  • “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” Read PDF

22nd July 2021

  • Declaration of the result for the online exam for the Ind AS certificate course conducted on 27th June 2021. the certificate of passing students will be available on the portal of DLH in 1 week of out of the result candidates can download the form. Read PDF
  • “Invitation to join the Carbon Footprint Challenge – Sustainability Reporting Standards Board, ICAI” Read PDF

21st July 2021

  • In the wake of second wave of Corona wherein  the life of the people has been ruined and devastated, the Institute of Chartered Accountants of India (ICAI) has once again stretched  the validity/applicability  of  Peer Review Certificate till August 31, 2021. Read PDF

20th July 2021

  • “Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS)-Adv. Information Technology Test –Computer Based Mode(CBT)” Read PDF

17th July 2021

  • “The Committee on Public & Government Financial Management officials pleased to announce the 15th online batch of Certificate Course on Public Finance & Government Accounting commencing from 8th August 2021” Read PDF

16th July 2021

  • “Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB) of IFRS Foundation”. Read PDF

15th July 2021

  • “Certificate Course on Public Finance & Government Accounting- 15th Online Batch commencing from 8th August 2021” Read PDF

13th July 2021

  • “Relaxations from Regulatory Compliances due to Outbreak of COVID-19 pandemic-Part II by CL&CGC ICAI” – Read PDF

10th July 2021

  • “Publication: Handbook on Moratorium under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI – ForewordThe Insolvency and Bankruptcy Code, 2016 in India has been in implementation phase over the last four years.” Read PDF

10th July 2021

  • “Publication: Handbook on Corporate Insolvency Resolution Process under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI – “Foreword The implementation of the Corporate Insolvency Resolution Process (CIRP) under The Insolvency and Bankruptcy Code, 2016 began when the provisions relating to insolvency and liquidation of corporate persons came into force on December 2016, thus paving the journey of the Code and building a strong insolvency regime in the country to improve the Ease of Doing Business.” Read PDF

10th July 2021

  • “Publication: Handbook on Personal Guarantors to Corporate Debtors under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI – The Insolvency and Bankruptcy Code, 2016 was implemented with the provisions relating to insolvency and liquidation of corporate persons coming into force in December 2016.” Read PDF

10th July 2021

  • “Publication: Handbook on Resolution Plan under The Insolvency and Bankruptcy Code, 2016 by CIBC of ICAI – TheInsolvency and Bankruptcy Code, 2016 (IBC) has been introduced with the overall objective of promoting entrepreneurship and balance the interest of all stakeholders by consolidating and amending the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time-bound manner.” Read PDF

10th July 2021

  • “Publication – Valuation: Professionals’ Insight- Series 6 – All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form, or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission, in writing, from the publisher.” Read PDF

9th July 2021

  • “Exposure Draft of AS 102, Share-based Payments – “The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February 2015, and as amended from time to time are applicable to the specified class of companies as per Ind AS Roadmap.” Read PDF

9th July 2021

  • Booklet on Valuation: VCM ATQs on “Valuation date, Valuation report date and events between these dates” – Series 6: Valuation Standards Board of ICAI(VSB) had organised alive webcast on the topic “Valuation date, Valuation report date and events between these dates!” held on 27th June 2021. Read PDF

6th July 2021

  • Guidance Note on Accounting for Derivative Contracts – Here in this notification viewers can find a detailed Guidance Note on Accounting for Derivative Contracts as per the authorized announcement of ICAI. Check in this pdf with links. Read PDF

5th July 2021

  • 1st Online Batch of Certificate Course on Fundamental Analysis & Technical Analysis Including Equity – The announcements here in the pdf comes with detailed information on the 1st Online Batch of Certificate Course on Fundamental Analysis & Technical Analysis Including Equity. Read PDF

5th July 2021

  • In this notification there are descriptive announcements of audit quality maturity model version 1 by the ICAI for all the concerned entities. : Read PDF

5th July 2021

  • 1st Online Batch of Certificate Course on Financial Markets and Securities Laws – The announcements here in the pdf comes with detailed information on the 1st Online Batch of Certificate Course on Financial Markets and Securities Laws. Read PDF

5th July 2021

  • Observations of the candidates on the question papers of CA examinations July 2021 – Here are the complete Observations of the candidates on the question papers of CA examinations July 2021 in this given pdf by authorized officials in the ICAI. Read PDF

5th July 2021

  • Announcement regarding 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 by CL&CGC ICAI Read PDF

5th July 2021

Here is the authorized pdf on the Announcement regarding 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 by CL&CGC ICAI. Read PDF

4th July 2021

  • The notification is based on the latest nepal kathmandu CA examination for the month of July 2021 as per the latest authorized announcement.
  • Read PDF

4th July 2021

  • The notification is based on the latest nepal kathmandu CA examination for the month of July 2021 as per the latest authorized announcement. Read PDF

3rd July 2021

  •  In this notification, there are descriptive announcements of audit quality maturity model version 1 by the ICAI for all the concerned entities. Read PDF

2nd July 2021

  • The notification is based on the Invitation for Expression of Interest for Empanelment of Faculty for Civil Services Training as per the authorized panel for the candidates. Read PDF

2nd July 2021

  • Here are the complete details and notification for the Public Notice with regard to the proposed transaction of purchase of immovable property in Ernakulam by ICAI. Read PDF

2nd July 2021

  • The notification guided through the Further     extension of the last date for Waiving-off Condonation Fees due to     late filing of various application forms related to Students and     Articled Assistants, amidst COVID-19 Pandemic Read PDF

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