PNB Case

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No Independent / External Auditor Hired By PNB For Concurrent Audit : Immediately after the report of major fraud in Punjab National Bank coming out in the various Newspapers, the ICAI has taken suo moto cognizance of media reports and as a proactive step has sought assistance by writing to various investigating arms of Government including Central…

Read More ICAI : PNB Didn’t Hire Independent Auditor for Concurrent Audit

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PNB Matter-Action taken by ICAI The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 for regulating the profession of Chartered Accountants in India and it works under the aegis of the Ministry of Corporate Affairs. The attention of Institute of Chartered Accountants of India (ICAI)…

Read More ICAI Issued Show Cause Notice to PNB Auditors