Correction Window Open : Exam Form Mistakes

March 12, 2018

In case you have made any mistakes in the Exam Forms filled for May 2018, you can rectify them using ‘ICAI Correction Window’ option. This facility is already available on ICAI Exam Website and you need to login to your account to make changes. Until 14th March, this service is Free of cost. A Second […]

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Other Course with CA – Condonation by ICAI

March 7, 2018

Students might already be aware that, you are prohibited to undergo any other course while undergoing Articleship training unless you have submitted Form 112 to ICAI within 180 days. Many students are studying CS, CMA, B.com etc along with Articleship, without submitting Form 112 (Students who have already completed Articleship can ignore this Condonation rule). […]

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Powers of the Board of Discipline (ICAI)

March 7, 2018

The Disciplinary Directorate, the Board of Discipline, and the Disciplinary Committee form the foundation of the disciplinary process of the Institute. These entities are quasi-judicial and have substantial powers like that of a Civil Court to summon and enforce attendance or require discovery and production of documents on affidavit or otherwise. If the Director (Discipline) […]

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Post NFRA formation, what is ICAI’s role?

March 5, 2018

What is the proposal? The Centre last week approved the proposal to set up the National Financial Reporting Authority (NFRA), intended to serve as an independent regulator for the auditing profession. The basis for the move Section 132 of the Companies Act, 2013 gives the Centre the power to set up such an authority. A […]

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Keep calm and Malegam: Meet the man chosen by RBI to solve Niravgate

February 26, 2018

On February 14, a Rs 11,300-crore scam breaks out at state-run Punjab National Bank (PNB) following fraudulent deals involving diamantaire Nirav Modi and jeweler Mehul Choksi. A few days later, India’s banking regulator, the Reserve Bank of India (RBI), forms a committee under Yezdi Hirji Malegam – an 84-year-old chartered accountant and the longest-serving member on the RBI board till 2016. […]

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