This is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...

IDFC First Bank's market capitalization plummeted by Rs 14,438 crore after a Rs 590 crore fraud at its Chandigarh branch. Employees alleged...

PwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...

Corporate Affairs Ministry highlights the importance of cost audits in preventing manipulation by companies, such as misleading banks and e...

The taxman wants companies to treat services as supply, meaning the people providing the service will pay GST.

According to the PNB, the alleged fraud was carried out by two staffers by not entering the transactions in the bank's core banking solutio...

The centralised auditor, and not the banks, NBFCs and insurance companies, would be responsible to disseminate the tax to the states.

Rajkot Municipal Corporation (RMC) has become the first civic body in Gujarat to introduce Real Time Bulk Water Audit System

Chartered & cost accountants lobbying to sway decision-making with Act’s provisions seemingly limiting scope for the latter.

Though the mechanism can help curb profiteering, cos have opposed it citing compliance costs and data theft.

One of the industry representative bodies confirmed on condition of anonymity that no study has been conducted to estimate the cost of comp...

PE firms have barred the firm from using its branches to collect money for chit funds run by promoter; less than 5% of branches were used f...

The government has mandated cost audits for over 100 companies, covering a host of sectors including pharmaceuticals, fertilisers, steel an...

The government is all set to recast its cost audit framework-the system of scrutinising cost of production and profit margins of individual...

The ministry of corporate affairs has started reviewing the way it orders mandatory cost audits on companies to optimise the coverage of ea...

Chartered Accountants (CAs) would soon face competition from their professional cousins - the cost accountants.

Drug makers who charge hefty margins will soon have to admit that.