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« ICAI »
  Result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 are likely to be declared on Tuesday, the 17th January 2017.
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 is likely to be declared on 17th January, 2017.
 Exposure Draft of Ind AS Taxonomy for Comments.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 CPE Events 9th December - 14th December 2016
 Certificate Course on Arbitration, Mediation & Conciliation on 13th, 14th , 15th, 20th, 21st, 22nd, 27th, 28th, 29th January, 2017 and 5th February, 2017 at Indore.
 Exposure Draft of Revised SA 720, “The Auditor’s Responsibilities Relating to Other Information” for Comments
 Announcement of setting up of Branch of WICASA at Satara
 CPE Events 2nd December - 7th December 2016
 President's Message - January 2017

ICAI-Rules and Procedures for obtaining opinion from Expert Advisory Committee
November, 02nd 2011
The Institute of Chartered Accountants of India

The fast changing and immensely competitive environment often calls upon organisations to enter into complex business deals and transactions where accounting practices and norms are not yet settled. In such situations, accounting for transactions and auditing thereof becomes a difficult task. This gives rise to the need for authoritative guidance on such matters. The Expert Advisory Committee (EAC) of the Institute of Chartered Accountants of India fits into the role of giving such authoritative guidance in the form of Opinions on matters relating to application and implementation of accounting and auditing standards and other pronouncements comprising generally accepted accounting and auditing principles under peculiar and intricate situations. Over a period of time, EACs role has become widely acknowledged with members in practice and industry alike increasingly seeking the services of EAC to unravel wide array of issues and complex problems while discharging their duties, such as preparation and presentation of financial statements, reconciling the views of auditors, management, various stakeholders and authorities, etc.

Opinions can be obtained from the EAC on payment of nominal charges of Rs. 25,000/- (Rs. 50, 000/- proposed) as per its Advisory Service Rules which are available on the website of the ICAI, under the head Resources. The Rules can also be obtained from the Institutes Head Office at New Delhi. For further information, Secretary, Expert Advisory Committee can be contacted through e-mail at eac@icai.org.

For the benefit of the members, EAC also regularly publishes Compendium of Opinions where the opinions finalised during a year are published in a volume of the Compendium. So far, EAC has released 28 volumes of the Compendium. A CD of Compendium of Opinions containing more than 1000 opinions issued up to January 2009 has also been released by the Committee. All these publications of the Committee are available for sale at the Insitutes Office at New Delhi and its Regional Council Offices at Mumbai, Chennai, Kolkata and Kanpur.

 
 
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