02-09-2010, 03:11 PM
Dear Tariq
I am 100% agree with you.I was saying that good points raised by Kamran in the sense that he is talking about the establishment of quality review programe by ICMAP like ICAP's Quality Review Programe for Audit Firms. If ICMAP initiate the Quality Review Programe for Cost Audit Firms then the CA firms conducting cost audit will also liable to follow the guidelines of ICMAP and will also answerable to the institute. I am not expecting that this situation will be ideal for ICAP.
I am 100% agree with you.I was saying that good points raised by Kamran in the sense that he is talking about the establishment of quality review programe by ICMAP like ICAP's Quality Review Programe for Audit Firms. If ICMAP initiate the Quality Review Programe for Cost Audit Firms then the CA firms conducting cost audit will also liable to follow the guidelines of ICMAP and will also answerable to the institute. I am not expecting that this situation will be ideal for ICAP.