| The current composition along with terms of reference of Sub-Committee-I constituted by the Quality Review Board is as follows:-
A.Terms of Reference:
Sub-Committee-I may perform, inter alia, the following functions and submit its recommendations, from time to time, to the Quality Review Board for its further consideration:-
- Recommend selection of Audit firms for quality review of their audit services and allotment of quality review work to the Technical Reviewers
- Recommend Technical Reviewer/s that may be empanelled with the Quality Review Board and suggest measures as may be considered appropriate to further broad base the panel and issues connected therewith
- Recommend industry specific experts, if required, for associating with the Quality Review Board
- Look into all the issues arising from time to time relating to eligibility of Technical Reviewers to perform Quality Review assignments and the Sub-Committee could take appropriate decisions which may later on be informed to the Board for noting
- Perform such other functions as may be prescribed from time to time
Composition:
CA. Dayaniwas Sharma, Central Council Member, ICAI, Hyderabad – Convenor
Mr. Malladi Siva Subrahmanyam, IAAS (Retd.), Vishkapatnam- Member
CA. Abhay Kumar Chhajed, Central Council Member, ICAI, Bhopal – Member
Mr. Deep Mani Shah, Chief General Manager, Securities and Exchange Board of India, Mumbai– Member
Secretary, QRB to provide necessary secretarial support.
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