The remarks of Corporate Affairs Secretary Injeti Srinivas also come at a time when the role of auditors has come under scanner for alleged violations, including in the IL&FS case
NFRA is supposed to take over from the Institute of Chartered Accountants of India (ICAI) all powers to investigate accounting professionals of listed companies
The recent order by the apex court may lead to more such disciplinary action if any act by a chartered accountant is found to bring disrepute to the profession
This change brings this provision at par with Rule 3 of the I-T Act
Accounting frauds cannot take place without the connivance of accountants
PM Modi says, chartered accountants are like ambassadors of any country's economic system
He was addressing chartered accountants after launching a new course introduced by ICAI
He called upon Chartered Accountants to create accounting firms that rank among the world's biggest