Thursday, December 15, 2011

SEBI SEEKS REGULATOR TO MONITOR AUDITORS

Market regulator Securities and Exchange Board of India (SEBI) has called for the creation of an
independent regulator to oversee auditors, a move that is being opposed by the Institute of Chartered
Accountants of India (ICAI), the accounting regulator promoted by an act of parliament that regulates the auditing profession at present.

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