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Initiatives

  • Mar, 25
    2021
  • Internal Financial Control over Financial Reporting (20 Mar 2021)

    For the guidance of the Members on "Internal Financial Control over Financial Reporting" for the Bank Branch Audits commencing shortly, Professional Development Committee jointly with Auditing & Assurance Standards Board of the Institute is pleased to organize a webinar on "Reporting on IFC" on 25th March 2021 from 2.00 pm to 4.00 pm.

  • Jan, 16
    2021
  • Draft Panel for Category of MEF application 2020-21 (16 Jan 2021)

    MEF Applicants can visit at https://meficai.org/ to view the category and other information related to their MEF Application. It may be informed that the category displayed is subject to the verification of Common Partners and checking of Financial Documents by the Auditors. The observations, if any, will be communicated separately.

    Any comments/ observations on the details and category can be shared by the MEF Applicants at https://app.meficai.org/complaints latest by 20th Jan., 2021, thereafter no submission for the MEF 2020-21 will be considered.

    PDC Secretariat

  • Jan, 01
    2021
  • Empanelment of Chartered Accountant firms/LLPs with the O/o C&AG of India for the year 2021-2022 (17 Dec 2020)

    Like every year, Office of the Comptroller and Auditor General of India invited online applications from Chartered Accountant firms/LLPs who desire to be empanelled with their office for the year 2021-2022 for the purpose of appointment of auditors of Companies as per Sections 139 (5) and 139(7) of the Companies Act 2013 and of Statutory Corporations/Autonomous Bodies as per the provisions of their respective Acts.


    The online application along with detailed instructions in this regard will be available on the website www.cag.gov.in from 1 January 2021 to 15 February 2021. The applicant firms/LLPs will have to fill/update the data showing the status of their firm as on 1 January 2021. After filling/updating the data, the firms/LLPs will be required to generate online acknowledgement letter for the year. If the firms/LLPs fail to generate online acknowledgment letter, their application would not be considered for empanelment. Further, the firms/LLPs will also be required to submit a printout of the acknowledgement letter generated online and also hard copies of the documents in support of their online application in the Office of the Comptroller and Auditor General of India at 9, Deen Dayal Upadhyaya Marg, New Delhi – 110 002 latest by 26 February 2021.


    Professional Development Committee

  • Nov, 10
    2020
  • Multipurpose Empanelment Form for the year 2020-21 extended till 10th Nov., 2020 (06 Nov 2020)

    It has been decided to extend the last date for filling the Multipurpose Empanelment Form for the year 2020-21 for further 4 days, i.e., till 10thNovember 2020, Tuesday to mitigate the difficulties being faced by the firms in uploading of necessary data.
     
    All the members and firms are requested to kindly fill the Multipurpose Empanelment Form for the year 2020-21 at https://meficai.org positively by 10th November 2020.
     
    Chairman and Vice-Chairman,
    Professional Development Committee

  • Nov, 06
    2020
  • Multipurpose Empanelment Form for the year 2020-21 extended till 6th Nov., 2020 (22 Oct 2020)

    The Multipurpose Empanelment Form for the year 2020-21 is live at  https://meficai.org w.e.f. 23rd September 2020.  The original date of submission was 12th October 2020 which was extended till 23rd October 2020.


    Various representations have been received by the committee requesting for further extension of date due to several reasons stated in such representations. The committee is aware of difficulties such as territorial heavy rains leading to disrupted internet connections,  intermittent office workings due to Covid-19 being faced by the CA firms and members across the Country and additional information in Part B to be given for empanelment other than Bank Audit. 


    In view of above, it is decided to extend the date of submission of MEF and declaration for the year 2020-21 till 6th November, 2020, considering the last date of  filing the Income Tax and GST Return as 31st October 2020.


    With this current extension of 2 weeks, the MEF form will be made available for the members for 45 days, so no further extension is feasible to be given.




    Chairman and Vice-Chairman,
    Professional Development Committee