ICAI blocks KPMG's Satyam assignment
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according to Ved Jain, president ICAI.
While India is a member of the World Trade Organisation (WTO), the country has not opened up its services sector including auditing, accounting, taxing and legal services to foreign firms. “No foreign firm can perform these services in the country. However, most leading accounting firms including KPMG can carry out management consultancy services in the country,
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