Bad News For CA Students & Members

ICAI will bring an new Auditing standard & an Accounting Standard. Icai or sebi may create an new statutory compliance for co's having huge cash balance get Certified from a CA regularly on a month to month basis or forthnight to avoid inflated figures in cash balance. If this is going to happen, an enhanced burden wil be on articles students like me. For the Students like me it is a bad news as one more AS or AAS or guidance note is going to be added in our curriculam. All because of Satyam, & auditors of Satyam. Srikanth