RBI’s new auditor norms to enhance audit quality: ICAI

  • Home
  • RBI’s new auditor norms to enhance audit quality: ICAI

Team Studycafe | May 28, 2021 | Views 1002526

RBI’s new auditor norms to enhance audit quality: ICAI

RBI’s new auditor norms to enhance audit quality: ICAI

Chartered Accountant’s apex body ICAI said Reserve Bank’s new norms for appointment of auditors will help bring in a large number of capable audit firms into the banking and financial sector auidting works as well as enhance audit quality. Noting that the norms are in the “right direction’, ICAI President Nihar N Jambusaria said apart from auidt quality, the norms will enhance “auditor independence and strengthen corporate governance”. The Institute of Chartered Accountants of India said harmonising norms for appointment of auditors of various entities in the financial sector is the right step towards ensuring independence and transparency.

Join Studycafe's What's App Group or Telegram Channel for Latest Updates on Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"


Tags:



Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement Banner 2

Studycafe Articles

Submit your Articles with us by Clicking Submit Article Button

Submit Article

you can also submit your articles by sending mail at [email protected]

Studycafe Articles

Submit your Articles with us by Clicking Submit Article Button

Submit Article

you can also submit your articles by sending mail at [email protected]