ICAI mulling ways to help desi firms to gain financial strength to compete with big four audit, accounting & advisory firms

,In order to facilitate the government’s vision for developing big desi firms to compete with the big four audit, accounting and advisory firms, the Institute of Chartered Accounts of India (ICAI) on Sunday said it is studying ways to help such Indian companies in getting financial strength.

“Indian firms getting ready to compete with big global firms will need to open more and more branches, employ more people beside other things. All these will require financial resources. ICAI is preparing a report to help in this direction,” Charanjot Singh Nanda, ICAI President said here during special media event. He also highlighted that apart from finance, the process for desi firms to become big will require four more things – regulatory benefit, technology, mindset to change and training & capab