WETHER STATUTORY AUDIT FEILD IN CA FIRM IS BETTER OPTION FOR LONG TERM PURPOSE? AND WHAT IS THE LIMIT OF SUCESS?. HOW FAR WE CAN GO AHEAD IN THIS FIELD ?
2 Replies
Kaushik Vankadkar
(Service)
(350 Points)
Replied 21 April 2010
Statutory auditor has got very good scope...
Since India is an developing country more and more economy is generated and this in turn will lead to more formation of business cycles. There will be more and more corporates and business entities. These entities are governed by their laws in which they are formed. Further the laws and regulation have become more stringent and strict. More compliances and more number of reporting. This whole calls for a professional who can deliver his professional commitment by excercising his knowledge, experience and imparting professional judgement.
One of the compliance to various laws is Audit, as it involves various monetary transactions which are done CHARTERED ACCOUTANTS.
The 2 alpahbets of trust are C A
Apart from that in respect of Audit field we CAs have monopoly. Only Chartered Accountant can perform audit.
So what more you want...........
saim
(1st)
(22 Points)
Replied 23 April 2010
All of the mods of indian LAWS and Firm must be derived from the CA's so It is gives an initial fact to gain something more than enough
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Saim
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