Redesign ICAI for the contemporary world

Description

Those who midwifed the Institute of Chartered Accountants of India in 1949 would hardly recognise it in 2018: deficient self-regulation, riddled with conflict of interest, churlish election campaigns... They could not have imagined 2.5 lakh members being ruled by 40 mostly unexceptional people filling as many committees. Unquestionably, the ICAI needs fixing. The recent report of a committee of experts is a reality check on the state of affairs and the future of the audit profession. Read more at: https://www.bloombergquint.com/opinion/redesign-icai-for-the-contemporary-world

Publication Date

21-11-2018

Publication Title

BloombergQuint

Publisher

Bloomberg

Keywords

Financial management, Accounting, Auditing

Source Link URL

https://www.bloombergquint.com/opinion/redesign-icai-for-the-contemporary-world

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