| The current composition along with terms of reference of Expert Group constituted by the Quality Review Board is as follows:-
A.Terms of Reference:
Group may perform, inter alia, the following functions and submit its recommendations for further consideration by the Quality Review Board:-
- Keeping in view the experience gained during the process of reviews being carried out by the QRB, changes to the domestic regulatory framework for audit oversight as well as international practices and requirements for audit oversight, undertake holistic examination of the various aspects of reviews and make recommendations to the Quality Review Board, from time to time, for suggesting appropriate amendments, if required, to the Procedure for Quality Review of Audit Services of Audit Firms issued by the QRB
- Update, from time to time, the Technical Guide on Conducting Quality Reviews for the guidance of Technical Reviewers
- Perform such other functions as may be prescribed from time to time.
B.Composition:
CA. Pramod Jain, Central Council Member, ICAI, New Delhi – Convenor
CA. Chandrashekhar V. Chitale, Central Council Member, ICAI, Pune – Member
Mr. Rajesh Kumar Bhoot, Pr. Commissioner of Income Tax (OSD) APA-2, Ministry of Finance, New Delhi – Member
Mr. Malladi Siva Subrahmanyam, IAAS (Retd.), Vishkapatnam- Member
Secretary, QRB to provide necessary secretarial support.
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