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Posted By : CA. VISHAL GOEL 06-Apr-2015, 08:05:33
My 15 Years old firm which is also a partnership firm has not got audit for the continuing 3rd year even after being DISA qualified partner and also done the Concurrent audit course.it looks that The Process of selection is now not transparent and justified for all.it really hearts that inspite of all the qualifications no audit is being given to our firm. CA. VISHAL GOEL,BAREILLY
 
Posted By : CA.Subhash Chandra Podder 06-Apr-2015, 05:16:43
This to bring to your kind attention that I am in the continuous profession since 1971 ( either as a Partner of a leading firm in Kolkata up to the year ended 1993 , then as a proprietor from the year 1994 to till date 06/04/2015 in the firm “ S.C.Podder & Associates , Chartered Accountants , “ that is in profession for more than 44 years . During my long association with the Institute as a pra
 
Posted By : 06-Apr-2015, 05:12:26
ICAI Red Flags PSBs' Process of selecting Auditors ' ( Refere ET. Dated 06/04/2015 ) , Why the delay about raising concerns to the Chartered Accountants Apex body ICAI ? Our President CA. Manoj Fadnis stated that ICAI has conveyed its concern the issue to the Finance Ministry and RBI among others . Under current process , a public sector bank's management and audit committee are empower to sel
 
Posted By : 06-Apr-2015, 10:54:00
We appreciate the red flag raised by ICAI w.r.t. the allotments made by PSU managements. But it is too late as we have lost the opportunity to get the allotment this year due to wrong policy of allotment.For the mid size firms which are depending upon the bank audits for their existence, it is painful to see no allotments even after the completion of cooling period.
 

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