Annual audit eligibility for investment advisers expanded to include Cost Accountants under revised compliance requirements.

Annual audit eligibility for investment advisers expanded to include Cost Accountants under revised compliance requirements. https://www.taxtmi.com/highlights?id=98152 Members of the Institute of Cost Accountants of India are now expressly recognised as eligible to conduct the annual audit of investment advisers, alongside members of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. The Master Circular is also revised to require investment advisers to obtain and keep on record an annual compliance certificate from a member of ICAI, ICSI or ICMAI, or from an auditor, confirming client-level segregation compliance. The audit report and any adverse findings must be submitted within the prescribed time limits, and the changes apply from the date of issue. en-us Thu, 26 Mar 2026 19:50:13 +0530 Thu, 26 Mar 2026 19:50:13 +0530 TaxTMI RSS Generator Annual audit eligibility for investment advisers expanded to include Cost Accountants under revised compliance requirements. https://www.taxtmi.com/highlights?id=98152 Members of the Institute of Cost Accountants of India are now expressly recognised as eligible to conduct the annual audit of investment advisers, alongside members of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. The Master Circular is also revised to require investment advisers to obtain and keep on record an annual compliance certificate from a member of ICAI, ICSI or ICMAI, or from an auditor, confirming client-level segregation compliance. The audit report and any adverse findings must be submitted within the prescribed time limits, and the changes apply from the date of issue. Highlights SEBI Thu, 26 Mar 2026 19:50:13 +0530 https://www.taxtmi.com/highlights?id=98152