« Professional Updates » Open DEMAT Account in 24 hrs  Postponement of Chartered Accountants Final & Intermediate Examinations Scheduled to be held on 3rd and 4th September 2025 in the State of Punjab and Jammu City only.  Inviting nomination for ICAI 40 under 40:CA Business Leader Award in association with ZEE Business.  Limit on Number of Tax Audits (effective from 1.4.2026)  Auditing and Assurance Standards Board - Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.  Draft Panel for Appointment/ Re-appointment of Statutory Auditors of State Co-operative Banks (Stccbs) and Central Co-operative Banks (Ccbs) for the Year 2025-26.  Commencement of Live Virtual Classes for the students of CA. Final course appearing in May 2026, September 2026 and January 2027 Examinations.  Information Systems Audit - Assessment Test (ISA - AT), July 2025  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) «  ICAI - Announcement... L&T posts 38% jump in Q4 net, declares bonus share issue... » ICAI council Approves Accounting Standard (AS) 32, May, 26th 2008 The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evaluate the following: the significance of financial instruments for the entitys financial position and performance; and the nature and extent of risks arising from financial instruments to which the entity is exposed during the period and at the end of the reporting period, and how the entity manages those risks. In view of the above, the Accounting Standard will bring about greater transparency in the disclosures related to financial instruments such as derivatives and the exposures to the risks related to such financial instruments and how the entity manages its risks. It may be noted that the Institute has already issued the related Accounting Standards, namely, Accounting Standard (AS) 30, Financial Instruments: Recognition and Measurement and Accounting Standard (AS) 31, Financial Instruments: Presentation. Issuance of this standard completes Accounting Standards on the subject of Financial Instruments. Like AS 30 and AS 31, the Council proposes to make AS 32 recommendatory from 1st April 2009 and mandatory from 1st April 2011.