ICAI may not make efforts to engage chartered accountants.

Satya Narain Gupta (CA final student) (496 Points)

21 December 2007  
We know that ICAI is an accounting regulator of country. Only the associates of ICAI may be engaged to audit of Corporate house to ensure proper accounting. As per my views the accounting function of country is not going well due having non qualified manpower in so many organisations/companies specially in Govt of India enterprises. The development of RTI and demand of social audit shows that the auditing function is not going well. The ICAI may think on the subject and may try to ensure qualified accountants in corprate houses/Govt of India enterprises and may ensure proper implementation of rules and regulation through proper audit of accounts.