Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
29 May, 2026, 09.02 PM IST
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
27 May, 2026, 02.40 PM IST
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
27 May, 2026, 11.33 AM IST
Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
25 May, 2026, 01.47 PM IST
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
24 Apr, 2026, 11.03 PM IST
The hidden architecture of debt: How companies can make their debt obligations disappearInvestors often read balance sheets, earnings reports, and ratios as if they show the full picture. But even when the numbers are technical...
03 Apr, 2026, 11.48 PM IST
Learn to Earn: ET Prime Special Series - Part 1 - Understanding what the auditors are trying to tell you as an investorA key difference between institutional and retail investors is that the former study annual reports and the finer points in those documents...
21 Sep, 2025, 02.34 PM IST
More trouble for Byju’s as three board members, auditor Deloitte resignRepresentatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...
25 Jul, 2023, 08.07 PM IST
EY accused of actively concealing NMC Health audit fraud from investorsThe hospital operator’s founder, Bavaguthu Raghuram Shetty, said the accounting giant enjoyed a “deep and cozy” relationship with executive...
22 Jul, 2021, 03.05 PM IST
Restrained by COVID-19: Auditors ask management to confirm certain sales, debt, physical verification of inventoryAuditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders...
16 Apr, 2021, 11.47 AM IST
ICAI wants Sebi to review proposed norms for auditor resignationsInstitute of Chartered Accountants of India (ICAI) is readying a submission for Sebi in next two days asking the proposed norms about audit...
06 Aug, 2019, 11.55 PM IST
DHFL says reports of auditor trouble ‘baseless’A media report said citing sources that the two statutory auditors are yet to complete the process of auditing the company’s FY19 financial...
11 Jul, 2019, 09.22 PM IST
IL&FS likely to appoint BDO for auditing big 3The role of EY, Deloitte and KPMG — that audited the group and its subsidiaries through their Indian affiliates, SR Batliboi & Co, Deloitte...
25 Jan, 2019, 11.46 PM IST
Government looks to plug gaps in exits of auditors, directorsThe move follows deliberations in the ministry of corporate affairs, which had sought reasons for large scale auditor resignations in compa...
01 Oct, 2018, 10.41 AM IST
One wonders what Jet Airways is trying to hide: Shriram Subramanium, InGovern“The company is in stress and this is a sign that things are not so rosy at Jet Airways.”
10 Aug, 2018, 01.26 PM IST
RSM Astute Consulting plans acquisition to gain from change in Companies ActThe group, which employs around 1,200 people across top 12 cities, is looking to expand to at least five other cities through mergers and a...
02 Jan, 2015, 06.20 AM IST
- GM auditors raise doubts on automaker's viability
General Motors Corp. says its auditors have raised substantial doubt about the company's ability to continue operations.
05 Mar, 2009, 05.07 PM IST