ICAI Gains Full Power to Regulate Big Four Audit Firms

Last updated: 06 July 2024

IntroductionIn a landmark decision, the Delhi High Court has reaffirmed the regulatory powers of the Institute of Chartered Accountants of India (ICAI) over affiliates of the Big Four firms operating in India. The court's ruling, issued on July 3, not only upheld ICAI's jurisdiction but also lifted

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