The current composition along with terms of reference of Quality Review Group- II constituted by the Quality Review Board is as follows:-
A.Terms of Reference:
QRG-II may perform, inter alia, the following functions and submit its recommendations, from time to time, to the Quality Review Board (QRB) for its further consideration:-
- Review the quality of audit services of audit firms, selected by the QRB, in respect of the cases placed before QRG-II, with assistance of Technical Reviewers in terms of the Procedure for Quality Review of Audit Services of Audit Firms issued by the QRB, as well as suggest various other necessary requirements, procedures, reporting and other formats, as it may deem fit, for conducting reviews of the quality of audit services of audit firms and submit its recommendations to the QRB
- Perform such other functions as may be requested by the QRB from time to time.
B.Composition:
Mr. Rajesh Kumar Bhoot, Pr. Commissioner of Income Tax (OSD) APA-2, Ministry of Finance, New Delhi – Convenor
Mr. Malladi Siva Subrahmanyam, IAAS (Retd.), Vishkapatnam- Member
CA. Dayaniwas Sharma, Central Council Member, ICAI, Hyderabad – Member
CA. Abhay Kumar Chhajed, Central Council Member, ICAI, Bhopal – Member
Secretary, QRB to provide necessary secretarial support.
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