The Companies Bill, 2012 will change how large audit firms work. Audit firm rotation after two consecutive terms of five years each, prohibition on providing non-audit services to an audit client, class action suits against auditors - CNBC TV18's Menaka Doshi spoke to Grant Thornton's Global CEO Ed Nusbaum on how these changes will impact the audit business in India.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
