ICAI Lauds Decision To Send Chartered Accountants Bill To Parliament Panel
NDTV
ICAI on Tuesday said the decision to refer a bill to amend the law governing chartered accountants to a Parliamentary panel was a good step
Institute of Chartered Accountants of India (ICAI) on Tuesday said the decision to refer a bill to amend the law governing chartered accountants to a Parliamentary standing committee was a good step and the institute will put across its concerns over certain provisions of the proposed legislation before the panel.
On Tuesday, the Lok Sabha referred the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021 to a Parliamentary standing committee for scrutiny.
The bill seeks to amend the laws governing chartered accountants, cost accountants and company secretaries.
The ICAI had raised concerns with regard to the proposal to have a non Chartered Accountant (CA) as the presiding officer of the disciplinary committee.
