Determining materiality involves the exercise of professional judgment. A percentage is often applied to a chosen benchmark as a starting point in determining materiality for the financial statements as a whole
The objective of the auditor is to identify and assess the risks of material misstatement, whether due to fraud or error, at the financial statement and assertion levels, through understanding the entity and its environment, including the entity’s internal control, thereby providing a basis for designing and implementing responses to the assessed risks of material misstatement.
The Institute of Chartered Accountants of India (ICAI) introduced the Revised Scheme of Education and Training (RSET) with the aim of enhancing the skillset and competency of aspiring Chartered Accountants. As this new scheme comes into effect, many CA students may have questions about the transition from the Existing Scheme to the Revised Scheme
The objective of the auditor is to plan the audit so that it will be performed in an effective manner
The ICAI-BOS (Board of Studies) mobile app is a user-friendly and feature-rich application developed by ICAI to facilitate seamless communication and information sharing between the Institute and its students
ination. As per the recent announcement, the results of the June 2023 CA Foundation Examination are expected to be declared on the
The Institute of Chartered Accountants of India (ICAI) has recently announced the important dates for the Online Exam Forms for the November/December 2023 examinations. In this blog, we will discuss the key dates and guidelines
Examination department of Institute of Chartered Accountants Of India has issued a notification on 06/01/2023 regarding the result date of CA Final & CA Intermediate The notification states that The results of the Chartered Accountants Final and Intermediate Examination held in November 2022 are likely to be declared on Tuesday, the 10th January, 2023 and …
Results of CA Exams held in November 2022 – Official notification by ICAI Read More »
The Institute of Chartered Accountants of India issues Students journal every month and the name of the journal is “THE CHARTERED ACCOUNTANT“
Students Journal for the month January 2023 has been recently issued by ICAI.ICAI has covered following topics in the January 2023 edition of students journal
ICAI has issued a notification regarding the Study materials applicable for CA – Foundation , CA – Intermediate & CA – Final which is as follows