Top auditors stop offering non-audit work to clientsTop audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit se...
11 Mar, 2024, 12.43 AM IST
NFRA finds certain lapses in audit quality of network entities of Big 4The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality co...
23 Dec, 2023, 01.09 AM IST
NFRA can carry on probe of IFIN audits: Delhi HCWhile hearing the case on Wednesday, the court, however, said no order should be made effective or put on the regulator’s website without s...
18 Dec, 2020, 08.27 AM IST
Appointment of BSR as an auditor of IFIN was illegal: NFRA report on IL&FSET had first written on July 17 about NFRA’s report on BSR and how the firm did not adhere to auditing standards. NFRA had then sought the ...
17 Aug, 2020, 06.22 PM IST
IL&FS fraud: National Financial Reporting Authority flags BSR’s lapses in IFIN caseThe inquiry is focused on the allegations of fraud at IL&FS after the company failed to meet debt obligations in September 2018, triggering...
17 Jul, 2020, 10.31 AM IST
IFIN case: Big win for Deloitte, BSR & CoThe Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the a...
22 Apr, 2020, 11.15 AM IST
Deloitte Haskins and Sells questions NCLT ambitDeloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN...
03 Oct, 2019, 11.26 PM IST
BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resignedBSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.
26 Aug, 2019, 06.25 PM IST
In relief for auditors, NCLT stays order of impleadmentThe Centre is looking to clamp down on Deloitte and BSR, a KPMG network firm, for alleged lapses on their part in auditing the accounts of ...
25 Jul, 2019, 04.43 PM IST
BSR & Associates resigns as statutory auditor of IL&FS Investment ManagersThe announcement has come a day after BSR & Associates, a KPMG group associate, resigned as statutory auditor of IL&FS Financial Services (...
21 Jun, 2019, 07.12 PM IST
Ahead of NCLT hearing, BSR quits as IFIN auditorGovt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.
21 Jun, 2019, 06.22 PM IST
IL&FS probe: NFRA seeks documents from auditorsNearly 40 auditors including Deloitte, KPMG, EY have been asked to give hard copies, cloud access.
15 Jun, 2019, 12.32 PM IST
Tatas await decision on plea to ban Deloitte, BSRIf the ban comes to play, it will be a setback for the two firms as it will lead to 300-plus listed companies shifting their business to ot...
14 Jun, 2019, 10.59 AM IST
Big 4 thinking of keeping off risky auditsThe audit firms say they are at an inflection point and must take hard calls on the business.
13 Jun, 2019, 09.24 AM IST
IL&FS scam: Government moves NCLT to seek 5-year ban on Deloitte, KPMG affiliate BSRThe proposed ban, could prevent the two firms from auditing any listed or unlisted company for five years.
11 Jun, 2019, 10.23 AM IST
IFIN case: Auditors set to take on SFIOBSR, Deloitte have been accused of colluding with the IFIN management to falsify accounts.
05 Jun, 2019, 11.34 AM IST
SFIO questions audit partner of KPMG India unitBSR jointly audited the books of IL&FS Fin Services with Deloitte Haskins.
02 May, 2019, 09.54 AM IST