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FraudNews
03-15-2015, 07:53 AM
ICAI provides clarity on auditor's fraud reporting norms (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEUI-hKEjCtg8FXt1fUEY09rhe6ZA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778771477666&ei=hzoFVfCoAsWs3QGctYOwBQ&url=http://economictimes.indiatimes.com/industry/services/consultancy-/-audit/icai-provides-clarity-on-auditors-fraud-reporting-norms/articleshow/46571881.cms)
Economic Times
NEW DELHI: In a new guidance to auditors on reporting suspected frauds, ICAI has asked them to apply "professional skepticism" before flagging such cases to the government and take into account the measures already taken by the companies internally.

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