You better believe that we are emerging as a big economy . Its time now for us to believe in ourselves. I am telling this to my Fellow Indian CAs and Managemnt professionals .
Over decades , we have been following and believing that the professional ethics and quality set by the USA and their allies are much better than ours.
We have never bothered to question this despite the Enrons and Arthur Anderson episodes.
There is no reason for us to think that our talent is not equally, and in fact more (as proven by now) reliable than those exposed by Enron and Lehman .
What the so called leaders of the profession and "independent watchdogs" like the BIG FOUR doing , say in case of Lehman...please go through this link.
http://www.retheauditors.com/2008/06/lehman-cfos-problem-is-obvious.html
I want your comments ...is indian CA better and more reliable than its US counterpart?
1 comment:
There is no comparison between Indian CAs and US CAs, both operate in different environments. You can't match them even in a contest since the event may be rigged, one may be better prepared, and then you can judge only over a period of time.
So I let it 'pass' without vote.
Arun Goyal
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