What will happen to PWC if it is found that they were party to fraud? Will the firm be banned or will the signing CA be banned?
3 Replies
CA Sudhir Halakhandi
(PRACTICING CHARTERED ACCOUNTANT)
(13401 Points)
Replied 11 January 2009
As per the statement of one Top Office Bearer of ICAI (Please read Business standared) the action can only be taken against the signing CA.
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 11 January 2009
Govt. is considering to ban pwc
while icai can ban only members
Jatin Singh Negi
(Country Analyst )
(505 Points)
Replied 25 June 2009
PWC in the past also had commited impropriety work twice but no action was taken either by the institute and by the government.how could you expect this time.
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