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 ICAI - Guidance Note on Report Under Section 92E of The Income-Tax ACT, 1961 (Transfer Pricing) (Revised 2017)
 FAQs on Ethical Issues relating to GST
 ICAI International Conference, 8-9 December 2017, Mumbai
 Report on Audit Quality Review (2016-17) of the Quality Review
 CPE Events 13th November - 18th November 2017
 Information Systems Audit (ISA) Course Assessment Test which is open to the members of the Institute, will be held on 23rd December, 2017 (Saturday) from 9.00 AM to 1.00 PM (IST) at 61 Cities.
 ICAI Survey for Capacity Building and Global Presence of Indian CA Firms - Request to submit response by November 15, 2017
 Paper 2, Strategic Financial Management of Final Examination, Group - I scheduled on 3rd November 2017 (Friday) at Chennai only, was postponed, on account of heavy rains and disruption of normal life there. The said examination will now be held 17th November 2017 (Friday).
 Group to Review the Criteria for Formation of Branch
 Postponement of Group I Paper- 2 Strategic Financial Management of Final Examination, Scheduled on 3rd November, 2017 (Friday) in Chennai (in The State of Tamil Nadu) Only.
 President's Message - November 2017

ICAI Satyam investigations to take 6 more months
July, 02nd 2009

The Institute of Chartered Accountants of India (ICAI) has said its investigation into the Satyam case will take six more months to conclude. The discipline directorate of the Institute is looking into the alleged accountancy fraud perpetrated by Satyam. In the next 6 months the Satyam case will be disposed of, Uttam Prakash Agarwal, president of the institute said.

The case is at present before the disciplinary board of the institute which had asked Price Water house to respond to their queries by June 30 which the auditing firm did. After completing its investigation, the board will send its recommendations to a separate disciplinary committee headed by Agarwal. We are awaiting responses on the case. After which a meeting will be set up to discuss the particulars of the case, he added.

ICAI has urged the ministry of corporate affairs to give the institute more powers in a bid to speed up disciplinary cases before it. According to Agarwal, since no definite deadline is fixed in the law for ongoing investigations, cases get unnecessarily delayed. There should be no room for repeated adjournments, Agarwal said.

The institute is working on submitted the Satyam report to the minister of corporate affairs, Salman Khurshid on July 9, 2009. The report is expected to highlight the broad details of the fraud and could also look at ways to tighten accounting standards.

 
 
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