News

ICAI has expanded mandatory peer review to PSB branch audit firms from January 2027 and set a 365-day target for disposing of disciplinary cases against CAs.

ICAI Extends Peer Review Deadline for PSB Bank Branch Audit Firms to December 31, 2026

Announcement

The ICAI has expanded the mandatory applicability of AQMM 2.0 to more CA firms under the Peer Review Framework in a phased manner from 2026 to 2027 to improve audit quality standards.

ICAI Announces Expansion of Mandatory Applicability of Audit Quality Maturity Model

Judgement

Disciplinary Committee holds CA guilty of professional misconduct for signing review report despite not holding a valid Peer Review Certificate.

ICAI Reprimands CA And Imposes Rs. 1 Lakh Fine For Issuing Review Report Without Peer Review Certificate

The Institute of Chartered Accountants of India (ICAI) has granted extensions for the applicability of the Peer Review Mandate Phase IV.

ICAI Extends Peer Review Mandate Phase IV Applicability to December 31, 2026

Articles

The Institute of Chartered Accountants of India (ICAI) Declared that Phase IV of Peer Review Mandate will be effective From January 1, 2026.

Important Update: ICAI Rolls Out Phase IV of Peer Review Mandate

The ICAI has notified an extension of the Peer Review applicability due date for Practice Units under Phase II and III via an Announcement.

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ICAI Extends Peer Review Deadline for PSB Bank Branch Audit Firms to December 31, 2026

ICAI Announces Expansion of Mandatory Applicability of Audit Quality Maturity Model

ICAI Reprimands CA And Imposes Rs. 1 Lakh Fine For Issuing Review Report Without Peer Review Certificate

ICAI Extends Peer Review Mandate Phase IV Applicability to December 31, 2026

Important Update: ICAI Rolls Out Phase IV of Peer Review Mandate

ICAI Extends Peer Review applicability due date for Practice Units under Phase II and III