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Govt.to strip powers of ICAI and other regulatory bodies

CA Harshal Totla (Chartered Accountant) (2229 Points)

16 July 2016

https://www.financialexpress.com/economy/narendra-modi-govt-to-strip-icai-icsi-mci-of-powers-heres-why/317157/

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3 Replies

hitesh (Student CA Final ) (174 Points)
Replied 16 July 2016

What will be the impact of this issue to students pursuing CA and those who are CA?

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CMA Ashutosh Kumar Gupta (Unit Financial Controller) (1015 Points)
Replied 16 July 2016

There is a demand from some corners that an independent oversight board to be operative in INDIA tuned with international regulatory framework in the audit and accounting profession, somewhat in the same manner like SEBI, Competition Commission of India, etc...