Financial Daily from THE HINDU group of publications
Friday, May 07, 2004
Financial Daily from THE HINDU group of publications Friday, May 07, 2004 |
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Opinion
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Letters B-school betrayal
This is with reference "B-school betrayal by the numbers" (Business line, May 6). An important aspect of management is control. Auditing is a control mechanism. The subject of auditing is not a compulsory in any institute of management. The ICAI should take up this issue with AICTE and Government and ensure that auditing is made a compulsory subject to equip future managers better oriented towards control and audit. ICAI accounts or any other accounts audited /reviewed by one or more charterered accountants or others will always give rise to irregularities' apparent on the face of audited accounts. Total Governance management like TQM is a dire necessity at all non-corporate government entities and certification by external agencies every year, before the year-ends will throw up non-conformities and improvements required in governance management practices throughout the entity. Ramachandran Mahadevan Bangalore Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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