Acting on a petition Indian audit firms sent to prime
minister Narendra Modi recently the corporate affairs ministry has constituted an expert group to delve into
the issues related to the operations of auditing firms in India In the country,
In july representatives of the top 20 Indian audit firms met
in Mumbai to discuss ways to combat the increasing influence of multinational
firms. Post that meeting Aiyar on behalf of the firms had drafted a petition to
the prime minister pointing out hegemony of the big four auditing
multinationals and alleging that they engaged In illegal actions.
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