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ICAI Unethical Practices in quoting of Tenders

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  • ICAI Unethical Practices in quoting of Tenders

    It has brought to the notice of the Managing Committee “Chandigarh Branch of ICAI” that certain members are applying for tenders for procuring professional work at very low cost just to grab the opportunity, without taking in to consideration the actual cost of execution of audit/assignment.

    This is against the professional ethics and against the recommendation of ICAI, New Delhi. We at the Chandigarh Branch are strongly against these practices and warn such members/Firms to avoid such unethical acts, which downgrade the Image of the profession.

    The members in general are requested to bring to the notice of the Chandigarh Branch any such instances so that action against these firms is recommended to the disciplinary committee of ICAI.
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