why there is no any indian firm of CA in BIG 4?
plz give answer if you are pursuing CA
1 Replies
ayush maheshwari
(student)
(32 Points)
Replied 11 January 2019
because big 4 were came in 1995-1998 when our institute entered into the treaty with the other countries institutes. The members of other institutes in foreign countries were allowed to practice in india and this led to the emergence of big 4s. Foreigners enters into partnership with indian firms and local firms were facing this stiff competition. In 1998 icai closed this method of becoming the members of institute and in this period these firms were recognised as big 4s.
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