'Hope ICAI takes inputs from all for network rules'

"THREE SECTORS WHICH STAND OUT BASED ON CURRENT TRACTION ARE TECHNOLOGY, HEALTHCARE AND RETAIL & CONSUMER JJ PwC India is committed to fully engaging with relevant professional bodies and regulators, says chairperson SANJEEV KRISHAN in an interview with Raghav Aggarwal in New Delhi.

He hopes that the Institute of Chartered Accountants of India (ICAI) would take inputs from all relevant stakeholders before coming up with international networking rules. Edited excerpts:

What is your take on ICAI's recent actions?

We have seen the recent orders issued by the Disciplinary Committee of ICAI about one of the Big 4 firms. In this regard, since the matter is sub-judice, we are unable to provide any comments. We understand through recent media reports that the ICAI is working on the guidelines on aggregation of domestic CA firms with international networking. It would come up with guidelines in the next three months. We hope that all relevant stakeholders' input will be taken prior to issuing such guidelines prospectively. We always remain steadfast in our commitment to constructively engage with relevant professional bodies and regulators and have full faith in our regulatory and judicial process.