Friday 21 October 2016

Government Sets Up expert Group To Look Into Auditing Industry.


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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