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EY AUDIT
BFSI firms set to see AI-led decision-making and real-time fraud detectionHowever, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security- BFSI firms set to see AI-led decision making & real-time fraud detectionIndian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...
- Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...
- Rs 8,400 a year on OTT apps? It can become Rs 6.4 lakh in 20 years. CA warns about the quiet leaks in your wealthSmall monthly subscriptions for entertainment can quietly drain your finances. CA Nitin Kaushik highlights how Rs 8,400 spent annually on O...
- Deloitte India aims to become country's biggest professional services firm by 2028Deloitte India is on track to claim the title of the nation's premier professional services provider by 2028, fueled by an expansion strate...
- Business consulting firm EisnerAmper India appoints Radhika Harivanam as Managing DirectorEisnerAmper India proudly announces the appointment of Radhika Harivanam as its new managing director. With an impressive 20-year track rec...
- Compliance squeeze, global scrutiny redefine India’s $30 billion pharma export playbookAs global markets prioritise quality and regulatory trust, India’s pharma sector is recalibrating beyond its traditional cost advantage.
- Firms postpone D-Street debut as uncertainty clouds market outlookDozens of companies are delaying IPO plans due to volatile investor sentiment and geopolitical concerns, impacting market valuations. While...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...
- Supreme Court rules no personal hearing needed before declaring bank account as fraudThe Supreme Court has issued a pivotal directive concerning the classification of bank accounts as fraudulent, opting not to allow personal...
- 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...
- NFRA report flags audit lapses at firms linked to PwC, EY, KPMG, BDOIndia's financial watchdog, NFRA, has released inspection reports on major audit firms. These reports highlight issues with audit independe...
- Stress needs an audit too: Tragic death of EY employee sparks concerns over intense work pressure & client demandsThe sudden death of a young SR Batliboi & Co employee has highlighted intense work pressure in the audit profession. Auditors face tight de...
- EY India's advisory business will log billion dollars in revenue even after split: Rajiv Memani, Chairman and Managing Partner, EY IndiaIn an exclusive chat with Vinod Mahanta, Memani gets down to the brass tacks on the impending split at EY India even as the professional se...
- EY India's former audit chief Sudhir Soni to join KPMGSoni used to head EY’s audit practice in India until September 2020 and was in charge of the firm’s audit affiliate SR Batliboi and Co LLP....
- IndoStar could take Rs 677 cr hit after EY audit finds deviations in processesE&Y was hired by IndoStar to review policies, procedures and practices relating to the sanctioning, disbursement and collection of CV loans...
- Auditors shifting out of jobs at financial companies to comply with new RBI guidelinesAs per Prime Database, more than 30 auditors have already rotated out from their assignments citing the RBI guidelines and multiple auditor...
- Deloitte biggest audit firm in 2015, charged Rs 225 crore in fees: Prime DatabseAll the players saw a jump in the number of companies audited from a year before except KPMG, which had audited 60 companies in 2013/14.
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