Expert Opinions


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Expert Opinions relate to queries on accounting, auditing and allied matters received from the members of the Institute, as per the rules framed for this purpose by the Council. The "Compendium of Opinions” is based on the facts and circumstances of the query supplied by the querist, the relevant laws and statutes, and the applicable accounting/auditing principles prevailing on the date on which a particular opinion is finalised.

Objectives

  • Reply to queries on accounting, auditing and allied matters
  • Resolve queries received from members of the Institute, Government and Regulatory bodies
  • Publish "Compendium of Opinions" containing the opinions given by the Committee during the year
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