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  IMPORTANT ANNOUNCEMENT
 Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024
 Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May/June 2024
 Guidance Note on Audit of Banks (2024 Edition)
 Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)
 Implementation Guide on Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 (Revised 2024 Edition) - (12-02-2024)
 Important Announcement for May-June 2024 CA Examinations
 Draft Bank Branch Auditors' Panel (MEF) for the year 2023-24
 Results of the Chartered Accountants Final and Intermediate Examinations held in November 2023 declared.
 Observations of the candidates on the question papers of CA Foundation examinations - December - 2023
 Inviting suggestions by way of Questionnaire for preparation of ICAI Vision 2049

EXPOSURE DRAFT OF TAXONOMY FOR NON-BANKING FINANCIAL COMPANIES (NBFCs)
July, 28th 2011

XBRL (eXtensible Business Reporting Language) is a novel way of electronic communication of business and financial data that is of immense utility to the capital markets and the investing community. Those who stand to benefit include all who collect business data, including governments, regulators, economic agencies, stock exchanges, financial information companies and the like, and those who produce or use it, including accountants, auditors, company managers, financial analysts, investors and creditors.

The recent mandate issued by the Ministry of Corporate affairs (MCA) has specifically exempted Banking, Insurance, Power and NBFCs from filing in XBRL formats in its first phase. However, the next phase proposes to cover all these exempted category of companies.

Recently, the draft taxonomy for Non-Banking Financial Companies (NBFCs) has been finalized. This draft taxonomy covers the financial statements, viz., Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement and the related non-financial information. The draft taxonomy has been developed conforming to the existing notified Accounting Standards, Company Law and the pronouncements issued by the Reserve Bank Of India, while adapting the architectural features of the IFRS general purpose taxonomy 2006.

Comments are invited on the draft NBFC taxonomy. These may be sent by e-mail at, so as to be received not later than 15th August 2011. Alternatively, comments may be submitted in writing to Dr. Avinash Chander, Technical Director, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi 110 002.

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