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Accounting And Audit 31 October 2026

ICAI Launches New Audit Framework and Training for Cooperatives

ICAI announced a new audit framework and training programmes to boost audit quality and compliance for multi‑state cooperatives. The plan adds a Guidance Note on MSCARO 2026 and mandates an auditor’s report for such co‑ops.

ICAI has unveiled a fresh audit framework and training programmes to raise audit standards in the multi‑state cooperative sector. See the full notice here.

  • Guidance Note on MSCARO 2026 under preparation
  • Mandatory auditor’s report for multi‑state co‑ops
  • Dedicated training modules for auditors and cooperative members

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