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True Facts of the Action on Auditor's Report in India

Today , I was reading discussion of Uttam Prakash Agarwal, President ICAI with reporter Joe C Mathew of Business Standard Newspaper on the priorities of the institute, post-Satyam . In this discussion , Uttam Parkash Agarwal gave answer the questions of Joe C Mathew . Last question's answer is something different from all .




The above is Nervous answer and telling Indian law system and its effect . Financial Statements after auditing become the real face of Company's financial position on which general investors believe . If it is showing something wrong in Company , then action on it is the responsibility of regulator . So , it should also be strict to blacklisted Companies and after this India can progress like other advance countries . I can take one example of Singapore . It is just small than Delhi of India but its One Singapore dollar has reached Rs. 33 . It means if any person of Singapore has One Singapore dollar , he can buy our product up to our Rs. 33 . It is advance from India .

Reason is clear . India is facing the problem of corruption and it is our first duty to be honest from our home .

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Accounting Education: True Facts of the Action on Auditor's Report in India
True Facts of the Action on Auditor's Report in India
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https://www.svtuition.org/2009/10/true-facts-of-action-on-auditors-report.html
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