Thousands of forensic accountants needed to manage strengthened due diligence
The Satyam scandal means India will need up to 6,000 new forensic accountants, one of the country's leading experts has forecast.
Mayur Joshi, founder and CEO of Indiaforensic Consultancy Services, claims that the trade body of India's IT industry Nasscom is planning to beef up due diligence accounting guidelines so that they would effectively “entrust the task of detecting and preventing the fraud to the forensic accountants”.
Reeling under revelations of the billion dollar Satyam affair, Joshi told Accountancy Age that India is going to require 6,000 of these specialist accountants in the near future. However there are far too few trained professionals available.
See full Article.
Posts
