The ICAI Council at its 407th Meeting of the Council held from 7th– 9th January 2022 decided to mandate the Peer Review process for coverage of more firms under Peer Review process. The roll out shall be made in four following stages:
The firms falling under phase I of the roll out will be required to submit a declaration form, which shall be shortly hosted on the ICAI website.
Source: ICAI Notifications (https://www.icai.org/post/peer-review-mandate-roll-out )
