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 Advanced ICITSS is Scheduled on Sundays, the 5th January 2020 and 16th February 2020 in 71 Indian Cities and 2 Abroad.
 Extension in the last date for payment of Membership /COP fee
 Waiving off condonation fees
 Extension of time limit of UDIN generation from 15 days to 30 days - One Time Relaxation
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 The last date to fill MEF is approaching soon.
 â€˜FAQ on 'Presentation of Dividend and Dividend Distribution Tax'(Revised September, 2019)
 What to do in case I forget the password?
 DAAB of ICAI invites Expression of Interest from Expert Reviewers for Reviewing Modules of DISA 3.0a
 â€˜FAQ on 'Presentation of Dividend and Dividend Distribution Tax'(Revised September, 2019)
 Correction Window for Chartered Accountant Examinations, November 2019 Extended to 18-09-2019.

ICAI approves three new Standards on Internal Audits
January, 07th 2009
The Institute of Chartered Accountants of India (ICAI) has approved three new Standards on Internal Audit (SIA). This decision was taken at a recently concluded meeting of the ICAI. The three new SIAs, approved as an important aspect in the internal audit process, are - Communication with Management, Internal Audit Evidence and Consideration of Fraud in an Internal Audit. The Standard on Communication with Management shapes some of the fundamental issues involved such as matters to be communicated to the management by the internal auditors, forms of communications, timing of communications and adequacy of the communication process. The Standard on Internal Audit Evidence deals with the fundamental postulates of internal audit such as objective of the internal audit evidence, sufficiency and appropriateness of internal audit evidence, procedures for obtaining evidence. The Standard on Consideration of Fraud in an Internal Audit deals with the aspects like what is fraud, common fraud situations, the concept of internal control system, element of internal control system, responsibilities of the internal auditors, to whom the internal auditors will communicate about the presence of fraud, documentation of fraud risk factors when identified. Mr. T. Karthikeyan, Director with the Institute of Chartered Accountants of India (ICAI) has also been appointed as the new Secretary of ICAI. He assumed responsibilities from December 19, 2008.
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