CMA
62 Points
Joined July 2010
If we continue the discussion on.
CMA US doesn't do audit
CPA US has audit rights
CIMA UK has no audit
IF ICWAI becomes ICMAI - Cost audit should be given to CA and ICWAI should be moved away from MCA
Then, the supporters of above argument can do some thing to ..
1.Cancel MRA between CIMA and CPA
2.Cancel papers exemption between ICAI and CIMA
3.Because AICPA has MoU with CIMA , ICAI shouldn't have any dream on having any link with CPA or CIMA
4.If CIMA and CMA have different structure , why India should have?
5.In UK there are several auditing bodies, the supporters of arbove argument are thinking about having riplica of above countries, then we have to have multiple auditing bodies.