A true account: How law firms are taking the lead in consultancy business

Be it advising the government or tackling bankruptcy cases, they are handling roles traditionally handled by CAs

The assembled chartered accountants (CA) did not see it coming that July 2017 evening. On the Chartered Accountants Day function at a stadium in Delhi, there was excitement as Prime Minister Narendra Modi started speaking.

“I have even heard that the Chartered Accountant fraternity were on Diwali vacations, hotels had been booked, but some cancelled their trips and were promptly back to their workstations which were functional 24×7. Now I am not aware if you all worked righteously or participated in malpractices. Well, was it in the interest of the nation or your clients? But you did burn the midnight