Sebi Chief Calls for Proactive Forensic Accounting
Sebi chief Tuhin Kanta Pandey emphasized the importance of proactive forensic accounting for early anomaly detection at an ICAI event. Pandey highlighted that forensic accounting should go beyond post-fraud use and be integrated into corporate controls. He also underscored the need for stakeholder coordination and technological aid to combat financial fraud.
- Country:
- India
Tuhin Kanta Pandey, the chief of Sebi, emphasized the need for chartered accountants to adopt a proactive approach in forensic accounting, speaking at an ICAI event on Friday.
Pandey stressed that forensic accounting should evolve beyond being a post-fraud measure and should become an integral part of corporate controls to foresee risks.
Highlighting Sebi's commitment to market integrity, Pandey called for a collective effort, including robust stakeholder coordination and vigilant use of technology, to tackle financial fraud effectively.
(With inputs from agencies.)
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