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 All members having certificate of practice, please click here to submit important information to ICAI - Last date for online submission is 30th June 2018.
 Selection of 1000 Young Members as Speakers for Programmes.
 Annual Improvements to Ind AS (2018) (Corresponding to Annual Improvements to IFRS Standards 2015–2017 Cycle issued by the IASB)
 Plan Amendment, Curtailment or Settlement (Amendments to Ind AS 19, Employee Benefits)
 Prepayment Features with Negative Compensation (Amendments to Ind AS 109, Financial Instruments)
 Long-term Interests in Associates and Joint Ventures (Amendments to Ind AS 28)
 Amendment to Ind AS 40, Investment Property
 Participate in Edinburgh Group Survey and Research on “SMP of the Future in a Changing World” : request from the Committee for Capacity Building Members in Practice (CCBMP), ICAI
 Commerce Ministry working on mechanism to refund taxes paid by exporters under GST
 Indian Valuation Standards as issued by the Institute of Chartered Accountants of India effective for the valuation reports issued on or after 1st July, 2018.
 Committee for Members in Industry & Business (CMI&B) of ICAI seek applications from start-ups desiring space and facilities at incubation centres proposed at ICAI Bhawan, BKC, Mumbai

New / Revised Standards on Auditing
May, 18th 2016

The Ministry of Corporate Affairs is receiving references from professionals/companies seeking clarification on the forms/process to be followed for alteration in the Memorandum of Association of Section 8 Companies.

The professional/companies are filing Form RD-1 seeking approval to change in Memorandum of Association. However, as per the applicable laws read with Rules and relevant Circulars & Notifications, power for approving change in Memorandum of Association has been delegated to the Registrar of Companies.

In the background of this development the professionals/companies are advised to apply the request for change in Memorandum of Association of Section 8 Companies in Form GNL-1 instead of filing form RD-1.

To view the relevant notification please click here.

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