News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Professional Updates »
 Publication of Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities and withdrawal of Guidance Note on Accounting for Expenditure on Corporate Social Responsibility Activities.
 Exemption from Completion of Orientation Course (OC) and Information Technology Training (ITT) before admission in Practical Training on or Before 31st July, 2020 for Direct Entry Scheme students
 Publication- Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 Series 3.
 ICAI signs MoU with Service Export Promotion Council (SPEC)
 Reduction of fees for MCS & Adv ITT Courses for students undergoing Virtual classes for May 2019, Nov 2019, May 2020 & Nov 2020 Final Students
 Guidance Note on the Companies (Auditor's Report) Order, 2020 issued by Auditing and Assurance Standards Board
 Announcement regarding Further extension of time by Securities and Exchange Board of India (SEBI) to July, 31, 2020 for submission of financial results for the quarter / half year financial year ending 31st March 2020 due to the continuing impact of the COVID-19 pandemic by CL&CGC ICAI
 ICAI is celebrating 72nd Chartered Accountants Day on 1st July 2020. Live Webcast on "Virtual National CA Summit 2020" on 29th June, 30th June & 1st July, 2020.
 Digital Accounting and Assurance Board, ICAI is organizing Live Webinar on Overview of SAP ERP on 03rd July, 2020 (Friday) from 4.00 to 6.00 PM
 IMPORTANT ANNOUNCEMENT May 2020 Exams - Opt-Out Window
 Professional Development Committee of ICAI is organising a Programme on "Young members mentorship" scheduled on 26th June & 27th June, 2020

ICAI launches Website to deal with Disciplinary Mechanism of Chartered Accountants
May, 28th 2020

The Institute of Chartered Accountants of India ( ICAI ) has launched a website on Disciplinary Mechanism to deal with cases and complaints related to the conduct of Chartered Accountants.

In an email sent by President CA Atul Kumar Gupta said that, the robust disciplinary mechanism which derives strength from the provisions of the Chartered Accountants Act 1949 is the backbone of the profession and perhaps, the professional excellence which is associated with the professional work executed by us is an outcome of the same.

He also said that, The ICAI’s disciplinary mechanism has primarily three limbs, the Director (Discipline), the Board of Discipline, and the Disciplinary Committee. The Institute has always remained at the technological forefront and strives for harnessing technology for process automation and knowledge dissemination. Some of our recent technology-driven initiatives like Unique Document Identification Number (UDIN), Digital Competency Maturity Model, and Digital Learning Hub are well recognized, used, and acknowledged by members, students as well as various professional organizations in India and abroad.

Similarly, a need has been felt for the digitization of disciplinary function. The digitization of the entire disciplinary mechanism is a mammoth task in itself keeping in view of its voluminous and complex nature of work, however, we are pleased to share with you all that after successful implementation of E-hearing during this Council year, now we have taken one more small step in the direction of digitization by developing a separate portal ( specifically for disciplinary mechanism wherein all pertinent information is readily available like the procedure to file a complaint (physically or through e-filing), Cause List, Orders passed by the Disciplinary Committee, Committee compositions, details of the meeting(s), amongst others for the benefit of various stakeholders, he also added.

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting