Going Concern

JUNE 20, 2025

Max 60 tax audits per partner likely: ICAI [ The Economic Times ] A partner of an accounting firm will be allowed to take up a maximum of 60 tax audits in a year from FY27, Institute of Chartered Accountants of India (ICAI) president Charanjot Singh Nanda said.

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PYMNTS

MARCH 30, 2020

“The main problem will be, as ever in construction, whether this goes through the supply chain to the subcontractors, and the subcontractors of those subcontractors,” he said. “These are the firms that are most vulnerable at the moment and the ones most reliant on cash flow.” million businesses in the U.K.

B2B 89

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Going Concern

JULY 29, 2024

All this time we thought it was going to be robots that take accounting jobs, it was Indians all along. Oh and reminder: the Institute of Chartered Accountants of India (ICAI) is working on a plan to consolidate India’s 96,000 little accountancy firms into mega-firms that they think could compete with Big 4 on the global stage. /PwC

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CPA accountant accounted Account 116

Going Concern

MAY 27, 2025

Across the pond, audit quality has taken a small dip : The Institute of Chartered Accountants in England and Wales (ICAEW) has released its 2024 audit monitoring report, revealing that 67% of audited files were rated as either good or generally acceptable. Some interesting comments over there if you’re into that.

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