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ICAI puts global network guidelines on hold amid concerns by big audit firms
The Institute of Chartered Accountants of India has paused its global networking guidelines. These guidelines encouraged domestic firms to form international partnerships and register. Major audit firms opposed registration and sharing sensitive operational details. Stakeholder concerns and ministry input prompted the pause for further discussion. The institute aims to foster growth for Indian accounting firms through this framework.
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economictimes.indiatimes.com
ICAI puts global network guidelines on hold amid concerns by big audit firms
The Institute of Chartered Accountants of India has paused its global networking guidelines. These guidelines encouraged domestic firms to form international partnerships and…
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thehindubusinessline.com
ICAI puts guidelines for global networking in abeyance
These guidelines were considered as one important step for desi account and audit firms to become big and compete with big global four.