|
|
 |
|
|
 |
|
|
|
|
| |
|
|
|
| « 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 the Last Date for submission of application for... | Results of the PQC Exams i.e. Information Systems Audit... » |
Peer Review Mandate-Roll Out |
|
|
| February, 14th 2022 |
Peer Review Board
The Institute of Chartered Accountants of India
12th February, 2022
|
ANNOUNCEMENT
Sub: Peer Review Mandate-Roll Out
|
|
The Council at its 407th Meeting of the Council held from 7th– 9th January 2022 decided to mandate the Peer Review process for coverage of more firms under Peer Review process. The roll out shall be made in four following stages:
|
| Phase |
Category of firms covered |
Date of implementation |
| I |
Firms which have undertaken Statutory Audit of enterprises whose equity or debt securities are listed in India or abroad as defined under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
1st April 2022 |
| II |
Firms which have undertaken Statutory Audit of unlisted public companies having paid-up capital of not less than rupees five hundred crores or having annual turnover of not less than rupees one thousand crores or having, in aggregate, outstanding loans, debentures and deposits of not less than rupees five hundred crores as on the 31st March of immediately preceding financial year
OR
Firms having 5 or more partners anytime during the immediately preceding financial year. |
1st April 2023 |
| III |
The firms which have undertaken the Statutory Audit of entities which have raised funds from public or banks or financial institutions of over Fifty Crores rupees during the period under review or of any body corporate including trusts which are covered under public interest entities
OR
Firms having 4 or more partners may be covered in the Phase 3 of the rollout. |
1st April 2024 |
| IV |
Firms conducting audits of branches of Public Sector banks
OR
Firms having 3 or more partners and rendering assurance services. |
1st April 2025 |
|
|
The firms falling under phase I of the roll out will be required to submit a declaration form, which shall be shortly hosted on the website.
Chairman,
Peer Review Board
|
|
|
|
|
|
|
|
|
|
|
Copyright 2025 CAinINDIA All Right Reserved. Designed and Developed by Ritz Consulting
|
|
|
|
|
|
