The Institute of Chartered Accountants of India (ICAI) is a statutory body set up under an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation of the profession of chartered accountancy in India. During its more than seventy two years of existence, the Institute has achieved recognition as a premier accounting body in the country for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.

Civil Services are the backbone of the administrative machinery of the country and many Chartered Accountants aspire to join. The Institute of Chartered Accountants of India (ICAI) through its Committee for Members in Entrepreneurship & Public Service (CMEPS) is continuously engaged in providing connect between the ICAI and the members in Entrepreneurship/ Public Service.

The ICAI has designed a training programme to provide an overview of the Civil Services examination by renowned faculties which shall guide and motivate CA Members and Students to take up Civil Services course and provide basic information on the course content.

The “Civil Services Training Programme” for CA Members and Students aspiring to appear for Civil Services shall be delivered through Webcast Mode for 6 weekends (Saturdays and Sundays) on the following topics:

• Overview of Civil Services Course- 1 hour
• Overview of General Studies Paper in Prelims Stage of UPSC- 3 hours
• Overview of Civil Services Aptitude Test (CSAT)- 3 hours
• Overview of Finance and Accounting- 1 hour
• Overview of General Studies I and General Studies II- 3 hours
• Overview of Taxation- 1 hour
• Overview of General Studies III- 2 hours
• Overview of General Studies IV- 2 hours
• Organisation Theory and Behaviours, Human Resource Management and Industrial Relations- 1 hour
• Overview of Cost Accounting- 1 hour
• Financial Markets and Institutions- 1 hour
• Overview of Financial Management- 1 hour
• Overview of Auditing- 1 hour
• Essay preparation- 1 hour
• Brief of how to prepare for other subjects / Interview- 1 hour
• Question Answer/ Close and Wrapping up and Valedictory Session- 1 hour

We are pleased to invite Expression of Interest from Individuals for empanelment as faculty for Civil Services Training Program having strong academic on the respective subjects with more than 5 years of relevant experience in teaching.

The ICAI will be rewarding the faculties at its approved norms. Interested faculties are requested to share their detailed resume and teaching skills in enclosed format via email at cmeps@icai.in latest by 10 July, 2021. Shortlisted candidates will be contacted for further discussion. For any further clarification, you may contact at email cmeps@icai.in or CA. Anita Suneja, Secretary, CMEPS (Mobile: 7042782840) It may be noted that the decision of ICAI will be final in this regard and no correspondence will be entertained.

We look forward to your active participation in this initiative.

With warm regards,

CA. Babu Abraham Kallivayalil CA. (Dr.) Sanjeev Kumar Singhal
ChairmanVice- Chairman

The status of provisional Empanelment along with the provisional score points with respect to the Chartered Accountant firms / LLPs firms who have applied for empanelment with O/o C&AG of India for the year 2021-22 will be available on the C&AG website www.care.cag.gov.in from 18th May 2021 to 27th May 2021.

All concerned are requested to visit the website and view their status and points. Representations, for any rectification of clerical mistakes related to online data may be sent through email at sao2ca5@cag.gov.in latest by 27.05.2021.

Please do not send any communication in this regard to the PDC / ICAI.

Chairman,
Professional Development Committee

Live Webinar on “Cooperatives - Audit, Taxation and Opportunities" on Wednesday, 26th May, 2021 from 04:00 pm to 06:00 pm.Organised by Professional Development Committee

Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors(SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)

Live National Webinar by PDC on "Internal Financial Control for Bank Branch Audits" on Thursday, 25th March 2021 from 2 p.m to 4 p.m.

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.

Live Webinar on “Bank Branch Audit" on 17th March, 2021 (Wednesday)from 06.00 PM to 08.30 P.M

A letter was sent to Shri Mahesh Kumar Jain, Deputy Governor, Reserve Bank of India requesting for revision of the audit fee for Statutory Central and Branch Auditors.

A letter was sent to Shri Ajay Kumar Choudhary, Chief General Manager, Reserve Bank of India on various important aspects of Banks Audits such as SBAs norms, SCAs norms, Audit Fees, Concurrent Audit.

Considering the difficulties faced by Chartered Accountant firms/LLPs in submitting the online empanelment for audit of PSUs for the year 2021-22, the office of C&AG at the request of ICAI has extended the last date for submission of online application from 15th February, 2021 to 1st March, 2021 as a onetime relief. Further, the last date for submission of hard copy of the documents at O/o C&AG also stand extended from 26th February, 2021 to 8th March, 2021. Interested members may avail the online application at the following

URL: http://care.cag.gov.in/Authorised/Default.aspx
For any query/issue, please contact O/o C&AG at sao2ca5@cag.gov.in, 011-23509223, 011-23509269, 011-23509240 and PDC Secretariat, ICAI at pdc@icai.in or at 011-30110444/30110440.

Professional Development Committee

Members are hereby informed that Final Bank Branch Auditors’ Panel of Chartered Accountants / firms for the year 2020-21 has been hosted at www.meficai.org till 8th February, 2021 thereafter the same will be sent to RBI. The Panel contains the following:

1. MEF No.
2. FRN No./MRN No.
3. Concern Name
4. Unique Code No.
5. District
6. Sate
7. Category

This is for your kind information please.

PDC Secretariat

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

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

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