
Emerging areas of audit vital for tech transfer, partnerships: FM to ICAI
IBC 2.0 may include a full-fledged individual insolvency framework, pre-packaged insolvency for bigger corporates, group insolvency framework and use of tech in IBC.
The practice of peer review has been in place for some time now though it was done on a voluntary basis.
The panel said the chairman of the committee can be nominated by the government from a panel of eminent persons prepared and provided by the three councils.