IIIPI to include support services by IPEs under peer review

[ad_1] Indian Institute of Insolvency Professionals of ICAI (IIIPI) has decided that the peer review of Insolvency Professional Entities (IPEs) would henceforth be undertaken using a two-fold approach. While the first one would be on the work done by IPE as...

‘ICAI’s recent disciplinary actions on multinational accounting firms follow SC directives within legal framework’

[ad_1] The CA Institute on Friday said that its recent disciplinary actions on several multinational accounting firms (MAFs) arose out of the directions of Supreme Court’s February 2018 order in the S. Sukumar vs ICAI case.These disciplinary actions align fully with...

ICAI suggests tax incentives to encourage skill development, green projects

[ad_1] The CA Institute has suggested to the government that tax incentives be extended to entities exclusively engaged in skill development programmes, considering their contemporary relevance and importance. In its pre-budget memorandum for the full budget slated for June 2024, the...

ICAI passes order against three EY affiliates for ‘professional misconduct’

[ad_1] The Institute of Chartered Accountants of India (ICAI) has passed an order against auditing major EY's three affiliates and a retired partner for "professional misconduct".Also read:ICAI plans to open 9 more COEs across India in 3 years; Council approves...

ICAI plans to open 9 more COEs across India in 3 years; Council approves new policy

[ad_1] The CA Institute’s Central Council has approved a policy document on the Centre of Excellence (CoE), aiming to foster research, innovation and learning within the accounting profession and position ICAI globally as a thought leader. It has at its two-day...

Improving public trust in corporates vital for India’s ‘Viksit Bharat’ goal by 2047, says MCA Secretary Manoj Govil

[ad_1] The corporate sector must play a pivotal role in the implementation of India’s vision to become a developed country by 2047, Manoj Govil, Secretary, Ministry of Corporate Affairs (MCA), said on Tuesday.“This role naturally comes with major responsibility and...