ICAI Platform to Facilitate CA Firm Mergers, Tie-ups in Works
ICAI is working on a “strategic digital platform” that would facilitate professional networking and help thousands of accounting firms explore mergers and tie-ups to grow in size.
Tag: Big 4 like audit firm
India to Build Its Own Big Four?
PMO convened a pivotal meeting to discuss the creation of India’s own ‘Big Four’ accounting firms. The initiative—led by Shaktikanta Das, Principal Secretary to PM Narendra Modi—seeks to foster large, homegrown audit and consultancy firms that can compete with global giants like EY, KPMG, Deloitte, and PwC.
‘Daunting task to create Big 4-like audit firm out of India’
The government’s ambition to create a Big 4-like audit firm out of India has again become a talking point in the auditing industry, thanks to the finance minster Nirmala Sitharaman’s recent statement, urging the Institute of Chartered Accountants of India (ICAI) to try and set up an Indian auditing firm which can join the league of Big Four.