CA. JAIN
(Chartered Accountant)
(466 Points)
Replied 17 December 2011
Dear gupta sir,
what is the guarantee that new boby will come from present weakness, but need is to take initatives for overcome to weakness..nd honesty is not attach to any institute..we people as layman to overcome from this problem..i think mr. gupta u will agree with me...
Thanks,
Sir,
i am not agreed with you, may be the new body will be corrupt. But at leats check and balaance should be required on the public attestation function. ICAII or ICAW are parties concerned for takling such oversihgt issue.
Then you will how many audits report starting comiing clean or unqualified oqualified. This is just like Trafec police on the raod , when you see you the raod, then you dont try to jump read light.
This move is most welcome.