1. THE ROLE OF CHARTERED
ACCOUNTANTS IN
ERADICATING CORRUPTION

2. We As An Individual Cannot
Do Much More,
BUT
As A Professional It Is Our
National Duty To Contributes To
Our Nation…

3. BUT WHAT IS REALITY
NOW???
Everyone Just Wants To-
 Earn Money
 Build Goodwill
 Get A Good Place In Top
Management

4. MYTHS ABOUT CAs
 JholJapata
 Edhar Ka Udhar
 Window Dressing
 Tax Evasion, etc.
IS THIS THE
REALITY???

5. ORIGIN OF CORRUPTION
Corruption is one of the consequences of
POOR GOVERNANCE.
So, if want to reduce Corruption, first we
have to build STRONG GOVERNANCE.
And CAs can create strong governance
through SUPERVISION.

6. BASIC CONSEQUENCES OF
CORRUPTION
Hampers Economic Growth By-
 Deterring Investing
 Raising Transaction Cost
 Hesitation

7. HONESTLY SUPERVISION By CAs
Enhances The Effectiveness Of The
Governance Process Which In Turn
Prevents Corruption And That Is Why
The Concept Of Auditing Is So
Important.
BUT ! BUT ! BUT!

8. HOW CAN A CA PLAY A
ROLE IN ERADICATING
CORRUPTION???
Since CAs are there in every field
such as:
In Corporates, as an Employee,
Board Member or Internal Auditor
Statutory Auditor
Business Advisor
Tax Advisor, etc.

9. NOW THE QUESTION
ARISES…
It is not the duty of a CA to detect
such Illegal Acts…
Instead it’s the Duty of the-
 Administrative Authorities
 Police
 Other Investigating Institutions

10. But CAs can maintain a close
collaboration with all these
practices as indicators…
And if any such indicators
exists, then it should look
into the matter…

11. Nevertheless, we should
not ignore the positive
contribution the CAs has
undergone in the recent
era…

12.  Improving Overall Financial
Accountability
 Strongly Supervising (Auditing)
 Creating A Climate Of
Transparency
 Good Governance
 Code of Conducts / Professional
Ethics…

13. So friends, lets have a VISION
for a CORRUPTION FREE
INDIA and work on it…
Prepared By: JIMMIT D. MEHTA (CA FINAL STUDENT)
CONTACT NO: 9769062619