ICAI explores PE funding for consultancy, accounting

The Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to facilitate growth by separating assurance and non-assurance practices. Assurance services will remain independent from such external investments. Global models and regulations are being studied by an internal committee. The profession is also adapting to artificial intelligence and its implications.

Raccontata daeconomictimes.indiatimes.com