Audit News

BANK EMPANLEMENT ..CATEGORY..HOSTED ::

13 December 2007 at 08:05

"RBI Panel is being submitted in two phases. First list is expected to be hosted by Monday, December 10, 2007. Members/ Firms falling in 1st list can check their category by inputting their MEF No. The second list is under preparation and expected to

Posted in Audit | 17076 Views

AS 30 & 31 Approved by ICAI w.e.f 01.04.2009

18 October 2007 at 19:15

The Council of the Institute of Chartered Accountants of India, at its 273rd meeting held on October 10-12, 2007, approved the Accounting Standard (AS) 30, Financial Instruments: Recognition and Measurement and Accounting Standard (AS) 31, Financial

Posted in Audit | 26475 Views

Announcement by ICAI - AS 15 Employees Benefits Revised

17 October 2007 at 18:59

ANNOUNCEMENTLimited Revision toAccounting Standard (AS) 15, Employee Benefits (revised 2005)The Council of the Institute of Chartered Accountants of India has decided to make limitedrevision to Accounting Standard (AS) 15, Employee Benefits (revised

Posted in Audit | 17589 Views

Uploading of Returns & 44AB Audit Reports

12 October 2007 at 01:13

Uploading of Returns & 44AB Audit Reports The report of audit under section 44AB is not to be attached with the return.It should not be furnished separately also before or after the due date.However, an assessee should get the report of audit from a

Posted in Audit | 11352 Views

Audit of NBFCs

21 September 2007 at 15:20

For the Immediate Attention of the MembersAudits of NBFCsNon Banking Finance Companies (NBFCs) are playing a vital role as the financial resource mobiliser in India given the country's geographical and population spread. However, having regard to the

Posted in Audit | 1 comments | 17502 Views

Mandatory Cost Audit in Service sector

25 August 2007 at 11:26

New Delhi, Aug 24 Companies in the services sector and all listedmanufacturing companies may soon have to hire cost accountants undera new formula being worked out by the government to beef up the roleof corporate cost audits.According to sources in

Posted in Audit | 14346 Views

Frequenlty asked questions on MEF

19 August 2007 at 12:35

Q 1 - UCN -Not Allotted I have been allotted a Unique Code Number ( UCN) but, when I download the application, UCN field is appearing with the words 'NOT ALLOTTED'. What do I need to do ? Ans The Applicant needs to fi

Posted in Audit | 7509 Views

MEF date extended

13 August 2007 at 08:20

Last date for submission of MEF for the year 2007-08 extended to August 21, 2007.Last date for receipt of hard copy of duly signed declaration extended to August 31, 2007.

Posted in Audit | 4890 Views

BANK EMPANLEMENT IS READY !!

11 July 2007 at 22:46

IMPORTANT ANNOUNCEMENT Multipurpose Empanelment Application Form for the years 2007-08 Members may please note that the Multipurpose Empanelment Form for 2007-08 has been hosted on the website www.meficai.org on 11th July, 2007. The last date for sub

Posted in Audit | 7758 Views

Mandatory cost auditing norms may be revised

21 June 2007 at 07:38

June, 21st 2007Sensitive operational details of a large section of corporate India are likely to come under government scrutiny soon. The ministry of corporate affairs has started reviewing the way it orders mandatory cost audits on companies to opti

Posted in Audit | 3 comments | 4599 Views