Finance minister Nirmala Sitharaman on Thursday asked chartered accountants to adequately familiarise themselves with new and growing areas of auditing, including ESG (environmental, social, and governance) and carbon accounting, and to adopt technology to improve their productivity. Developing expertise in new areas will help not just their clients but also the broader ecosystem, Sitharaman said at an event held by Institute of Chartered Accountants of India (ICAI) in Bhubaneswar. Sitharaman also dwelt upon the mutual recognition agreements that ICAI has got into with top auditing bodies of various countries. These include Canada, Australia, New Zealand, South Africa, Ireland, the UK and Malaysia. 🔥 Limited-Time Offer: Grab a Special Deal on our Comprehensive GST Courses!

Source: Economic Times August 19, 2023 10:40 UTC