Social audit of CSR spend may become must

Officials in the Ministry of Corporate Affairs (MCA) said the social audit will begin with public sector undertakings (PSUs) and then extended to all the corporate entities. One of the officials said markets regulator Securities and Exchange Board of India (Sebi) has already mandated Institute of Chartered Accountants of India (ICAI) to work on preparing a social audit standard.

from Economy-News-Economic Times https://ift.tt/h2nWlLr
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