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RBI to soon clarify on new auditor appointment norms

The new norms, effective from this fiscal, bring large non-banks and housing finance companies, and urban cooperative under its purview when it comes to appointing statutory auditors.

Mumbai , Maharashtra , India , Niharn-jambusaria , Amarjit-chopra , Shailesh-haribhakti , Institute-of-chartered-accountants , Bank-on , Shailesh-haribhakti-associates , Saytam-computers , Reserve-bank , Statutory-central-auditors

RBI's new norms to help enhance audit quality, transparency, add value: Experts

In April, the Reserve Bank issued a circular putting in place the new norms for appointment of statutory central auditors and statutory auditors for commercial banks, large urban co-operatives and large non-banks and housing finance companies.

Niharn-jambusaria , Amarjit-chopra , Shailesh-haribhakti , Big-four , Rajesh-narain-gupta , Institute-of-chartered-accountants , Shailesh-haribhakti-associates , Saytam-computers , Reserve-bank , Ved-jain , Chartered-accountants , Yes-bank

RBI's new norms to help enhance audit quality, transparency: Experts

Read more about RBI's new norms to help enhance audit quality, transparency: Experts on Business Standard. The Reserve Bank's new norms for auditors will help enhance the overall audit quality as well as transparency, apart from adding to the value to the businesses rather than wasting resources

Niharn-jambusaria , Amarjit-chopra , Shailesh-haribhakti , Rajesh-narain-gupta , Big-four , Institute-of-chartered-accountants , Saytam-computers , Shailesh-haribhakti-associates , Reserve-bank , Ved-jain , Chartered-accountants , Yes-bank