Dear all at CA ClubIndia,
I have a confusion:
"How big 4 firms perform statutory audit in our country, when non-indian and corporate firms are not authorised to perform the same"
Shishir
(unemployed)
(147 Points)
Replied 13 October 2010
Dear Shabir,
They do so by contracting with Indian Firms...
Actually these are Indian firms only who have taken sponsorship or some kind of relation ship wid these big 4.
Find more on net...u will get the data........
Joey Tribbiani
(fdg)
(2010 Points)
Replied 13 October 2010
The audit is done by their indian affiliates like its SR Batliboi for E&Y,lovelock and lewis for PwC. Tgey do only consulting work in the auditee firm.