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The Association of Chartered Accountants of Nepal (ACAN) and the Auditors’ Association of Nepal (AUDAN) have announced a joint agitation against the arrest of auditors. Putting forward a four-point demand, the two organizations have asked the government to immediately release senior Chartered Accountant (CA) Gopal Kumar Agrawal and withdraw the “fake case” against CA Jagadish Prasad Agrawal. </div>
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The Association of Chartered Accountants of Nepal (ACAN) and the Auditors’ Association of Nepal (AUDAN) have announced a joint agitation against the arrest of auditors. Putting forward a four-point demand, the two organizations have asked the government to immediately release senior Chartered Accountant (CA) Gopal Kumar Agrawal and withdraw the “fake case” against CA Jagadish Prasad Agrawal.
Organising a press conference in the Capital on Thursday (January 16), ACAN and AUDAN have demanded the government not to arrest and/or prosecute auditors and chartered accountants just because of auditing the books of companies. Similarly, they have also demanded a clear explanation of the term “accomplice” mentioned in sections 121 and 127 of the Income Tax Act 2058 BS. Similarly, they have also demanded an amendment to sections 2 (e) and 7 (a) of the “Asset (Money) Laundering Prevention Act, 2008.
According to a press release, both ACAN and AUDAN will not issue and or certify the audit reports of insurance companies from Friday (January 17) as part of their protest programme. They have also announced to collect the Certificate of Profession (CoP) of all chartered accountants and submit them to the Institute of Chartered Accountants of Nepal (ICAN) on January 29. They have also announced to put on black arm band at workplace and submit memorandum to the concerned government bodies.
They have also announced not to issue and/or certify the audit reports of banks and financial institutions from January 29, the audit reports of the institutions licensed by the Securities Board of Nepal from February 13 and the audit reports of companies listed at Nepal Stock Exchange from February 27. Similarly, they have announced not to issue and or certify the audit reports of companies partly or fully owned by the Nepal government.
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<strong>--By TC Correspondent</strong></div>
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The Association of Chartered Accountants of Nepal (ACAN) and the Auditors’ Association of Nepal (AUDAN) have announced a joint agitation against the arrest of auditors. Putting forward a four-point demand, the two organizations have asked the government to immediately release senior Chartered Accountant (CA) Gopal Kumar Agrawal and withdraw the “fake case” against CA Jagadish Prasad Agrawal. </div>
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Organising a press conference in the Capital on Thursday (January 16), ACAN and AUDAN have demanded the government not to arrest and/or prosecute auditors and chartered accountants just because of auditing the books of companies. Similarly, they have also demanded a clear explanation of the term “accomplice” mentioned in sections 121 and 127 of the Income Tax Act 2058 BS. Similarly, they have also demanded an amendment to sections 2 (e) and 7 (a) of the “Asset (Money) Laundering Prevention Act, 2008.</div>
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According to a press release, both ACAN and AUDAN will not issue and or certify the audit reports of insurance companies from Friday (January 17) as part of their protest programme. They have also announced to collect the Certificate of Profession (CoP) of all chartered accountants and submit them to the Institute of Chartered Accountants of Nepal (ICAN) on January 29. They have also announced to put on black arm band at workplace and submit memorandum to the concerned government bodies.</div>
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They have also announced not to issue and/or certify the audit reports of banks and financial institutions from January 29, the audit reports of the institutions licensed by the Securities Board of Nepal from February 13 and the audit reports of companies listed at Nepal Stock Exchange from February 27. Similarly, they have announced not to issue and or certify the audit reports of companies partly or fully owned by the Nepal government.</div>',
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Organising a press conference in the Capital on Thursday (January 16), ACAN and AUDAN have demanded the government not to arrest and/or prosecute auditors and chartered accountants just because of auditing the books of companies. Similarly, they have also demanded a clear explanation of the term “accomplice” mentioned in sections 121 and 127 of the Income Tax Act 2058 BS. Similarly, they have also demanded an amendment to sections 2 (e) and 7 (a) of the “Asset (Money) Laundering Prevention Act, 2008.</div>
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