ICAI’s proposed 60-audit cap lacks legal clarity and empirical support. Amid digital tax reform, mandatory audits feel outdated—raising concerns over regulatory overreach, procedural fairness, and modern compliance efficiency
NFRA during its board meeting recommended the revision of Standards on Auditing (SA) 600 to hold the group auditor ultimately responsible for the audit
NFRA has released an exposure draft of SA 600 for public consultation, proposing that the group auditor of a company be held accountable for the financial statements of both the company and its subsidiaries
Under the PMLA, notified professionals may find it difficult to take the plea that their role is not to detect suspicious transactions while carrying out assignments for and on behalf of the clients
Set up in 2018, the National Financial Reporting Authority is an independent regulator to oversee auditing and accounting standards in India.
The government would do well to usher in auditing reforms
It’s time to crack down hard on errant auditors
M Saraswathy gets in conversation with Moneycontrol's Viswanath Pilla to discuss the implications of Macquarie note, Sun Pharma's response to the accusations, the future of the company and much more.
Mark Weinberger, Chairman and CEO, Ernst & Young Global in an interview with CNBC-TV18 said that more FDI is crucial if India wants to grow at its full capacity.
The world spoke one language as eminent accountancy professionals from across the globe got together to share their visions, theories and strategies at the ICAI International Conference this year.
Empanelment empowers Netmagic to carry out IT security audits, including vulnerability assessment and penetration testing.
By: Vishnu Nair, Student, ICAI
International Conference on Accountancy Profession: Catalyst to Sustained Economic Growth