ICAI to review financial statements of Yes Bank

ICAI to review financial statements of Yes Bank As per News sources, ICAI, Chartered Accuntants, Apex Body will review financial statements of crisis hit Yes Bank. Financials of Last 2 years will be reviewed so as to find out if any lapses were there on part of Auditors. Financial Reporting Review Board (FRRB) of ICAI would review the Financials. In case any material mis-statements are found in the financials, disciplinary action would be taken by the institute against the auditors under Chartered Accountants Act, 1949. Incase any non-compliance or irregularity is observed by FRRB, same will be bought in public notice. Source : The Economic Times Click Here to Buy CA INTER/IPCC Pendrive Classes at Discounted Rate