Technical Standards
ICAI formulates and issues technical standards to be followed by Chartered Accountants and others. Non-Compliance of these standards by the members will lead to disciplinary action against them. The technical standards issued by ICAI includes, Accounting Standards, Audit and Assurance Standards, Standards on Internal Audit, Corporate Affairs Standard, Accounting Standards for Local Bodies, etc..
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Famous quotes containing the words technical and/or standards:
“A technical objection is the first refuge of a scoundrel.”
—Heywood Broun (1888–1939)
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—Margaret Mead (1901–1978)