The challenges of international competition and increasing complexity of information flows have widened the financial and business risks faced by companies.
With increasing regulatory requirements, the need for greater transparency in operations, and disclosure norms, stakeholders require assurance beyond the traditional critique of numbers. Hence assurance is being increasingly required on industry issues, business risks and key business processes.
A thorough site for various information, updates and views on IFRS implementation in India. Also, share your views on IFRS implementation issues, by participating in the "IFRS Survey".
The ACI in India aims to support independent directors in enhancing audit committee processes and practices.
No longer is it business as usual. Exceptional circumstances merit exceptional strategies to address the challenges of liquidity, cost, risk and growth.