ICAI plans norms for overseas networks to aid Indian companies' growth

Quick Summary:

The Institute of Chartered Accountants of India is developing guidelines for overseas networks, particularly concerning consulting services, to facilitate the global expansion of homegrown firms.

These norms, aimed at creating a level playing field, may face opposition from the Big Four, who currently operate without specific regulations.

The aim is to establish a framework for homegrown firms to join a network and expand their global presence.

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Article Details

Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets: IndiaOmanPakistan

Topics: Overseas networks for Indian firms Institute of Chartered Accountants of India Indian companies overseas expansion ICAI guidelines Audit and consulting firms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 06:15:18 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 645 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28313735

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