The Morning Brief: Is India's audit profession at a point of inflection? The challenges and the future

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The Economic Times on their podcast 'The Morning Brief' interviewed #GTBharat CEO Vishesh C Chandiok on the audit landscape in India and the future of the CA profession.

Vishesh C Chandiok, Chief Executive Officer, Grant Thornton Bharat

The discussion focuses on the critical juncture at which India's audit profession currently stands. It touches upon various challenges, including increased risks for auditors, heightened public scrutiny, controversies over audit fees, and a decline in the number of students pursuing Chartered Accountancy. Despite these challenges, the narrative highlights positive developments, such as the proactive role of the National Financial Reporting Authority (NFRA) and the growing demand for specialized forensic audits.

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