ICAI

Chinese companies: Scores of CAs, company secretaries, cost accountants under regulatory scanner

The government is looking at whether the Chinese companies and their subsidiaries have complied with all the regulations to come and do business in India, ICAI President Debashis Mitra said.

published on : 21st August 2022

No compromise on autonomy: ICAI president

The ICAI, according to the president, has in the past 15 years permanently revoked membership of seven CAs who were found indulging in unethical practices. 

published on : 23rd March 2022

ICAI to work on research paper on cryptocurrencies

ICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be ready in one-and-a-half months.

published on : 22nd March 2022

Poll debacle: AICC member 'Americai' V Narayanan wants Gandhis to step aside for new leadership

'Americai' V Narayanan rued that the Congress, whose incumbent government in Punjab lost to AAP, fumbled in the election with mismanagement of the party.

published on : 11th March 2022

Nirav Modi fraud: Chartered accountants body sends notices to statutory auditors of PNB's Brady House branch

Following the disclosure of the fraud by PNB, ICAI had formed a high-level group to study systemic issues involved in the scam.

published on : 15th April 2018

ICAI awaits information from PNB on Rs 12,700 crore scam 

In the wake of the scam, the biggest in the country's banking sector, the ICAI had set up a high powered group to study the issues in PNB matter and suggest remedial measures.

published on : 9th March 2018

ICAI takes PNB official's statement; assures 'accelerated inquiry' into fraud 

ICAI said it has taken a statement from a senior official of the bank and emphasised it would not be prudent to draw any conclusion against the profession till disciplinary proceedings are completed.

published on : 25th February 2018

ICAI begins probe into Punjab National Bank fraud case

ICAI said it is probing whether auditors played a role in perpetrating the alleged USD 1.77 billion fraud that Punjab National Bank unearthed last week.

published on : 23rd February 2018

ICAI issues show-cause notices to Punjab National Bank, Gitanjali Gems auditors 

The ICAI has also written to the Reserve Bank of India requesting it to provide the list of the corporate borrowers of public sector banks having outstanding loan amount of Rs 2,000 crore and above.

published on : 22nd February 2018

ICAI to examine auditors’ role in PNB scam

The Institute of Chartered Accountants of India has written to the bank as well as the investigative agencies concerned -- Sebi, CBI and ED -- offering to share the information at its disposal.

published on : 17th February 2018