The Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India, has extended its support to the Govern
A plea was moved in the Delhi High Court challenging the notification which included Chartered Accountants, Company Secretaries and Cost Accountants within the definition of "reporting entities" under the Prevention of money laundering Act (PMLA) and fastening of criminal liability on them i
New Delhi [India], April 5 (ANI): The Rajya Sabha on Tuesday passed a Bill to provide a mechanism for dealing with cases of misconduct in the three professional institutions -- the Institute of Chartered Accountants of India, the Institute of Cost Accountants of India and the Institute of Co
New Delhi [India], March 30 (ANI): Lok Sabha on Wednesday passed the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill 2021 that seeks to provide a mechanism for dealing with the cases of misconduct in the Institute of Chartered Accountants of
New Delhi [India], Mar. 6 (ANI): The Centre on Tuesday stated that the National Financial Reporting Authority (NFRA), to be set up for overseeing auditing standards, will have the power to penalise audit firms for any malpractice identified.