ReferIndia News Treat Internal Financial Controls as Business Necessity, Not as Compliance Burden: ICAI Official

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Treat Internal Financial Controls as Business Necessity, Not as Compliance Burden: ICAI Official

Published on: June 27, 2026, 3:47 p.m. | Source: Outlook Business

ICAI President Prasanna Kumar D urges businesses to treat internal financial controls as a strategic necessity, not a compliance burden, highlighting their role in risk management, preventing leakages and strengthening governance, as ICAI also develops a new accounting framework for Tirumala Tirupati Devasthanams.

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