CAG engaging CA firms will not compromise auditor's independence, says ICAI

CAG’s move to hire CA firms won’t affect audit independence, says ICAI

CAG’s move to hire CA firms won’t affect audit independence, says ICAI The ICAI or the Institute of Chartered Accountants of India, made a statement on Friday that said the independence of apex auditors who are engaged with the CA firms by CAG, will not be compromised. This statement comes after Madurai MP S. Venkatesan […]

CAG engaging CA firms will not compromise auditor's independence, says ICAI

New Delhi, Jun 13 (PTI) Chartered accountants' apex body ICAI on Friday said the engagement of CA firms by the Comptroller and Auditor General (CAG) will not compromise the independence of the apex auditor. The comments from ICAI comes in the backdrop of Madurai MP S Venkatesan (CPM) writing a letter to President Droupadi Murmu objecting to the CAG's plan to hire CA firms for auditing of central autonomous bodies will strengthen the auditing pro…