The National Company Law Appellate Tribunal has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors...

They have been barred from "being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial stateme...

NFRA has already barred some auditors allegedly involved in the IL&FS crisis from undertaking fresh work, in addition to imposing fines on ...

As reporting entities, professionals have to undertake KYC (know your customer) of all clients entering these transactions and maintain the...

As per the order, NFRA's investigation revealed that the appointment of none of the 33 branch auditors was approved at the Annual General M...

In April, the Reserve Bank issued a circular putting in place the new norms for appointment of statutory central auditors and statutory aud...

Many companies in India tend to delete old accounting entries and insert new ones as they come close to the end of a quarter. While often t...

Opinions sought on areas where the audit firms are not safisfied with management stand; change in approach follows regulatory actions in th...

“Debt moratorium on DHFL till insolvency plea admitted,” ETNow reported.

DHFL was scheduled to announce its financial results on November 25.

DHFL was scheduled to announce its financial result on November 25.

DHFL said the company is undergoing substantial financial stress since the second half of the previous financial year.

Sources close to DHFL said the company results are expected to be announced in next few days.

As per a BSE filing, the appointment of the new auditor comes into effect from August 26.

This comes days after the company said its creditors would not have to take any haircut on principal payments under its resolution plan.

A media report said citing sources that the two statutory auditors are yet to complete the process of auditing the company’s FY19 financial...

DHFL shares are down 88 per cent in last one year and 89 per cent since September.