Glad that ICAI has found out this Loot - At Least Now.....!!!!! What Are They Doing About IT....??????( At least, they can suspend the license of their associates, till they Comply.....)
WHAT IS THE GOVT. DOING ABOUT THIS BACKDOOR ENTRY BY THESE BIGWIGS....??????( or HAVE WE BEEN COMPROMISED.....FOR A FEW DOLLARS..????? )
The big fours and Swiss black money funds creators. To use their brand they take 60% of the revenue and there is a very criminal abuse of young chartered accountants in their firms pressuring to sit 15 to 18 hrs daily to meet the target. They will have to fill a number of mechanical feeding of data and no time to do their due deligence, and reasoning based on the knowledge and training they obtained. Ban these culprts otherwise Lehman things will happen in India in the near future.