Furnishing False Audit Report without Proper Verification amounts to Professional Misconduct: ICAI Reprimands CA along with Fine[Read Order]

By Yogitha S. Yogesh - On August 1, 2023 7:30 pm - 2 mins read
False Audit Report - ICAI Reprimands CA along with Fine - ICAI - CA - Fine - Audit Report - Proper Verification - Professional Misconduct - taxscan

The Institute of Chartered Accountants of India (ICAI) has held that furnishing false audit reports without proper verification amounts to professional misconduct and reprimanded the Chartered Accountants (CA) along with a fine. It was alleged that the Respondent as the tax auditor of the auditee was required to give a true and Correct report on…

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