|
|
 |
|
|
 |
|
|
|
|
| |
|
|
|
| « Professional Updates » |
|---|
| Open DEMAT Account in 24 hrs |  Advanced ICITSS -Adv. Information Technology Test Computer Based Mode (CBT) Schedule May, Jun, Jul, Sep, Oct, and Nov 2025 | | Auditing and Assurance Standards Board Online Panel of Experts for addressing Bank Branch Audit related queries | | Results of the Chartered Accountants Intermediate and Foundation Examinations held in January 2025 declared. | | Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A, B, C & D) | | Will deadline for income tax filing change in the new Income Tax Bill? | | Result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) - (20-12-2024) | | Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) Adv. Information Technology Test - Computer Based Mode (CBT) Dec 2024 Jan-Feb-Mar 2025 | | Re-Scheduling of Chartered Accountants Examination scheduled to be held on 13th November 2024 (Wednesday) at the Examination Centre(s) at Hazaribagh (Jharkhand), Jamshedpur (Jharkhand), Ranchi (Jharkhand), Raipur (Chhattisgarh) and Jhunjhunu (Rajasthan) | | The AI Committee of The Institute of Chartered Accountants of India (ICAI) invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services | | Important Announcement - Stringent Action against candidates for adopting Unfair Means during CA Examination | | Important Announcement - Launch of Self-Paced Module Test (SPMT) Portal |
|
|
|
|
|
| « Extension of Last Date for Submission of Application Form... | Demonetisation Policy announced by Government of India- An... » |
ICAI issues mandatory KYC Norms for Member |
|
|
| December, 12th 2016 |
ANNOUNCEMENT OF KYC NORMS
All the members of Institute of Chartered Accountants of India (ICAI), who are in
practice, are hereby informed that the Council has formulated the Know Your Client
(KYC) norms at it's 356th Meeting held on 29th, 30th June and 1st July, 2016.
KNOW YOUR CLIENT (KYC) NORMS
The financial services industry globally is required to obtain information of their clients
and comply with KYC norms.
Keeping in mind the highest standards of Chartered Accountancy profession in India,
the Council of ICAI thought it necessary to issue such norms to be observed by the
members of the profession who are in practice.
In light of this background, the Council of ICAI approved the following KYC Norms
which are mandatory in nature and shall apply in all assignments pertaining to attest
functions.
1. WHERE CLIENT IS AN INDIVIDUAL/ PROPRIETOR
A. GENERAL INFORMATION
Name of the Individual
PAN No. or Aadhar Card No. of the Individual
Business Description
Copy of last Audited Financial Statement
B. ENGAGEMENT INFORMATION
Type of Engagement
2. WHERE CLIENT IS A CORPORATE ENTITY
A. GENERAL INFORMATION
Name and Address of the Entity
Business Description
Name of the Parent Company in case of Subsidiary
Copy of last Audited Financial Statement
B. ENGAGEMENT INFORMATION
Type of Engagement
C. REGULATORY INFORMATION
Company PAN No.
Company Identification No.
Directors' Names & Addresses
Directors' Identification No.
3. WHERE CLIENT IS A NON-CORPORATE ENTITY
A. GENERAL INFORMATION
Name and Address of the Entity
Copy of PAN No.
Business Description
Partner's Names & Addresses (with their PAN/Aadhar Card/DIN No.)
Copy of last Audited Financial Statement
B. ENGAGEMENT INFORMATION
Type of Engagement
These norms shall come into force w.e.f 1st January, 2017.
|
|
|
|
|
|
|
|
|
|
Copyright 2025 CAinINDIA All Right Reserved. Designed and Developed by Ritz Consulting
|
|
|
|
|
|
