ICAI opposes move by Central Government to setup a super regulator for Chartered Accountants


ICAI has indirectly opposed the setting up of a super regulator National Financial Reporting Authority (NFRA) to regulate the CA profession. “ICAI supports every effort of strengthening the existing mechanism. But the model of oversight mechanism on the pattern of overseas regulations like Sarbanes Oxley Act 2002 (or SOX) has been found to be ineffective … Continue reading ICAI opposes move by Central Government to setup a super regulator for Chartered Accountants