[aaykarbhavan] ICAI-Equitable audit allotments, mechanism to control tendering system, ceiling on number of concurrent audit of banks per firm

ICAI-Equitable audit allotments, mechanism to control tendering system,
ceiling on number of concurrent audit of banks per firm

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Subject: Group to consider issues relating to equitable audit allotments, development of a mechanism to control tendering system and introduction of ceiling on number of concurrent audit of banks per                                                     26^th August, 2013

            The Council at its 326^th meeting held from 27^th to 29^th July, 2013 at New Delhi, while considering an issue raised by CA. Tarun J. Ghia vide his e-mail dated 23^rd March, 2013 and two issues raised by CA. Atul Kumar Gupta vide his e-mails dated 5^th June, 2013 and 8^th July, 2013 under Item No.2, `Matters of General Interest to the Profession', decided to form a group to consider issues relating to equitable audit allotments, development of a mechanism to control tendering system and introduction of ceiling on number of concurrent audit of banks per firm, with the following composition:-

 

CA. Tarun J. Ghia, Convenor

CA. Pankaj I. Jain, Chairman, PDC

CA. Mukesh Singh Kushwah, Vice Chairman, PDC

CA. Abhijit Bandyopadhyay

CA. G. Sekar

CA. Charanjot Singh Nanda, Immediate Past Chairman, PDC

CA. Anuj Goyal

CA. Shyam Lal Agarwal

 

CA. Namrata Khandelwal, Assistant Secretary would act as Secretary to the above Group.

Dear Colleagues, 

In view of the above, I invite the members to convey their specific views. It would be more helpful, if along with the problems and issues, suggestions are emailed with probable solutions.  All situations wherein empanelments are required, or improvements are needed in empanelment procedures, or improvements are needed in allotments, or all aspects concerning bank concurrent audit empanelments, allotments, or tendering systems and all aspects concerning equitable distribution of audit opportunities may be addressed by the members. 

With Regards, 

CA. Ghia Tarun Jamnadas

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