ICAI to knock on MCA door against proposed audit standard revision
Business Standard|November 14, 2024
The Institute of Chartered Accountants of India (ICAI) will raise concerns with the Ministry of Corporate Affairs (MCA) over revisions to two audit standards, sources in the institute told Business Standard.
Ruchika Chitravansi

The Institute of Chartered Accountants of India (ICAI) will raise concerns with the Ministry of Corporate Affairs (MCA) over revisions to two audit standards, sources in the institute told Business Standard.

After its 18th board meeting on Tuesday, the National Financial Regulatory Authority (NFRA) recommended revisions to 40 Standards on Auditing (SA), including SA 600 and SA 299, which deal with group and joint audits, respectively.

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