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Some positive changes by audit firms, but a lot more needs to be done: Ajay Bhushan Pandey
Update / Judgement Date
14 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Despite some positive changes by audit firms, much more needs to be done to address the gaps in auditing practices, according to Ajay Bhushan Pandey. He emphasized the need for audit firms to enhance transparency, accountability, and independence to restore public trust. Pandey's remarks highlight the ongoing challenges in the auditing profession and the importance of continuous improvement to ensure the integrity of financial reporting.