Nangia & Co LLP reposted this
Banking Laws (Amendment) Bill 2024 misses key auditor appointment and rotation reforms, say experts Experts advocate for a more independent selection process and suggest extending the rotation period from the current 3 years (with a 6-year cooling-off period) to 5-7 years, ensuring enhanced audit quality and transparency. BY: Alekh Shah Read full story here: https://lnkd.in/dEGKDiYv Atul Gala, Audit Partner at Bhuta Shah & Co LLP | Chartered Accountants, Vivek Iyer, Partner at Grant Thornton Bharat LLP, Jaspreet Singh, Partner - Audit & Assurance at Nangia & Co LLP, Anish Mashruwala, Partner at JSA Advocates & Solicitors, Rahul Singhal, Audit Matter Expert at S.N Dhawan & Co.LLP, #Audit #Auditor #Bankinglaws #laws #banking #amendment #appointment #rotation #reforms #auditquality #cfoIndia
