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EY GROUP AUDIT
Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...- NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...
- Books & marks: India Inc prefers the Big 6 for auditBig Six audit firms like Deloitte, PwC, and EY handle most audits for top Indian companies. EY leads with the most mandates. Grant Thornton...
- Sebi shortens forensic auditor list to 9 from 20SEBI has shortlisted nine firms, including Deloitte, BDO, and Chokshi & Chokshi, for conducting forensic audits of listed companies, reduci...
- Sebi picks 9 audit firms to probe corporate fraudSEBI has shortlisted nine firms, including Deloitte, BDO, and Chokshi & Chokshi, for conducting forensic audits in corporate fraud cases, r...
- PwC loses major client Bank of China amid regulatory probePwC has lost its biggest mainland China client, Bank of China, to EY. This change follows a regulatory probe into PwC's work with China Eve...
- Big six corner most of auditing business in Nifty-500 universeAccording to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 ass...
- Letters sent to affiliates of Deloitte, EY, KPMG, Grant Thornton, and two CA firms based in Ahmedabad; Adani Group says it complies with relevant accounting standards & lawsThe National Financial Reporting Authority (NFRA) has requested audit affiliates of Deloitte, EY, KPMG, Grant Thornton, and two Ahmedabad-b...
- Big 5 auditors handle nearly every 2 out of 3 Nifty500 companies: ReportIndia's five largest audit firms dominated the audits of Nifty500 companies in FY23, handling almost two out of every three audits. The Ind...
- Big 4 affiliate firms continue to lead audit business in IndiaIn India, the Big Four firms conduct their audit business through affiliate firms. The EY group has emerged as the market leader with 153 m...
- Trell’s cofounder Pulkit Agrawal sends a fiery note to investorsET has reviewed Agarwal’s critical note sent to all investors following the paper’s queries last week to the Bengaluru company on the scope...
- UK's Big Four auditors await shake-up as corruption probes add upUK authorities want the industry to separate audit and consulting activities, while increasing oversight and competition following allegati...
- Grant Thornton emerges as new challenger to Big FourEven after regulatory action on the firms after a number of scams, the Big Four – EY, Deloitte, KPMG and PwC – dominate the audit space, ha...
- EY to hire 23,000 people in FY20The accounting firm is set to hire in 2020, making the Indian arm its largest workforce outside of the US.
- EY and other audit firms also under lensOfficial sources told ET that EY jointly audited ITNL along with Deloitte Haskins and Sells (DHS) in FY17. After that date, EY has been the...
- 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...
- Ernst & Young probes cashback fraud at Paytm MallThe Startup staff, in collusion with vendors, created fake orders to siphon off funds.
- India Inc gets ready for mandatory audit rotation; fight between Big Four firmsLeading companies, including some from Tata Group and Mahindra Group, plan to change auditors as rotation process is set to kick in from Ap...
- Big four increase their dominance in Indian audit business: Prime Database"The Big 4, between them, handled 401 assignments of the total 1,519 companies, or 26 per cent of the total," according to the Prime Databa...
- Listed firms spend Rs 1,600 crore in audit feeListed firms doled out nearly Rs 1,600 crore as audit fee and about one-fourth of this amount was pocketed by 'big four' accounting firms.
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