Parliament panel to hear RBI & ICAI on digital assets
A parliamentary committee is set to hear the Reserve Bank of India and the Institute of Chartered Accountants of India on the treatment of digital assets.
Source · As reported
The Mandate
When a board or a lender needs to know what actually happened inside a set of accounts, the assignment calls for investigative rigour, not a standard audit programme.
Where We Are Engaged
- Forensic audit & fraud detection (FAFD)
- Information-systems audit (DISA)
- Investigation support for boards, lenders and regulators
- Fraud risk assessment
Why It Sits With Us
Led by a Fellow Chartered Accountant holding the ICAI's Forensic Audit and Fraud Detection (FAFD) and Information-Systems Audit (DISA) qualifications — a specialisation most firms of comparable size do not carry in-house.
How We Work
- Scope agreed directly with the instructing board, audit committee or lender before work begins
- Evidence handling and documentation built to withstand subsequent legal or regulatory proceedings
- Findings reported factually, without inference beyond what the evidence supports
Related Thinking
Recent, relevant.
TDS certificate timeline extended (u/s 203)
The timeline for issuance of TDS certificates under Section 203 has been extended, giving deductors additional time to complete compliance.
Source · CBDT