ICAI to oppose proposal to introduce three non-CA members in disciplinary committee
Kolkata Dec 30 PTI The Institute of Chartered Accountants of India has said it will oppose the Centres proposal to introduce three non-CA members into ICAIs disciplinary committee arguing that the move will impact fair judgementThe government through the Chartered Accountants Cost and Works Accountants and the Company Secretaries Amendment Bill 2021 has proposed the inclusion of two CAs and three non-CAs in the ICAI disciplinary committeeAt present the panel comprises two non-CA nominees and three ICAI membersThe bill has been sent by Lok Sabha to a Parliamentary standing committee for scrutinyWe oppose the proposal and will present our case before the standing committee when we are invited for hearing ICAI vice-president Debasish Mitra told PTI on the sidelines of a programme here on WednesdayHe said that non-CAs wont have the in-depth knowledge of accounting which is a must for fair judgement Mitra also said ICAI would focus on adapting new technologies like artificial intelligence along with forensic auditing and upgrading its code of ethics PTI BSM RBT RBT
Kolkata Dec 30 PTI The Institute of Chartered Accountants of India has said it will oppose the Centres proposal to introduce three non-CA members into ICAIs disciplinary committee arguing that the move will impact fair judgementThe government through the Chartered Accountants Cost and Works Accountants and the Company Secretaries Amendment Bill 2021 has proposed the inclusion of two CAs and three non-CAs in the ICAI disciplinary committeeAt present the panel comprises two non-CA nominees and three ICAI membersThe bill has been sent by Lok Sabha to a Parliamentary standing committee for scrutinyWe oppose the proposal and will present our case before the standing committee when we are invited for hearing ICAI vice-president Debasish Mitra told PTI on the sidelines of a programme here on WednesdayHe said that non-CAs wont have the in-depth knowledge of accounting which is a must for fair judgement Mitra also said ICAI would focus on adapting new technologies like artificial intelligence along with forensic auditing and upgrading its code of ethics PTI BSM RBT RBT
