Even though accounting and auditing standards have continued to evolve to ensure better corporate governance in India, financial scams have continued unabated"- Do you agree? By highlighting the ineffectiveness of the legal changes brought about till now, explain what according to you will help India attain the intended objective.
Opinions of members hardly matter in bringing reforms and definitely this is not the objective of this online forum. Authorities are slowly learning lessons and being guided by such HC/SC judgments to bring in more reforms. Hope the experts are performing their obligations..