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ENVIRONMENT AUDIT COMMITTEE
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...- CERT-In warned CBSE over flaws in online evaluation portal in February and MayIndia's cyber security watchdog, CERT-In, has detected critical vulnerabilities in the online assessment system of CBSE. Despite numerous a...
- Mining turns India's heat-shield hills to dustDizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New ...
- Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- Delhi to add 13 more air quality monitoring stations this yearDelhi is set to receive 13 new air quality monitoring stations this year. The Delhi Pollution Control Committee is developing 10 of these, ...
- Four candidates for UN secretary-general audition this week. That's far fewer than in 2016Four candidates are vying to become the next United Nations Secretary-General. This selection process unfolds in a world marked by deep div...
- Maharashtra govt may revise bank guarantees and fines for polluting units after CAG flags lapsesMaharashtra's Environment Department is revising bank guarantees and fines for polluting industries. This follows a CAG report highlighting...
- Failure of Internal Financial Controls: Management’s accounting manipulation, and fraud perpetrationInternal Financial Controls are far more than a compliance formality. They often separate reliable accounts from misleading numbers. This s...
- Think out of the box, adapt to changing tech landscape: CAG tells officersWith the increasing use of AI and emerging technologies to provide services, he said there are numerous risks, ranging from privacy breache...
- Extra teeth to tackle corporate misconductThe Companies Act now restricts NFRA to investigating misconduct by auditors. It is toothless to deal with violations that exceed this narr...
- Post COVID compliance audits by supreme audit institutions helped improve pandemic management: CAG Girish Chandra MurmuComptroller and Auditor General Girish Chandra Murmu also emphasised the role of compliance audit in building strong institutions. He also ...
- View: Auditors need to demonstrate professional scepticismListed companies have until May 31 to file their audited results — although, in practice, many large companies have opted or will opt to di...
- Audit committees need to play more active role: CEPRThere is a need to clearly define the responsibility and accountability for the auditors as well as the audit committees, the CEPR said in ...
- NFRA necessary reform, needs to be strengthened: Expert panel“The global trend indicates a shift from self-regulation to independent regulatory structure in the domain of audit regulation due to failu...
- Soon, energy projects may undergo green checksThe government-approved auditors will conduct randomised, third-party compliance monitoring of environment clearance conditions, according ...
- GSPCB to conduct audit of industries, mining leases"The board will constitute an environment audit committee which will empanel the auditor to assess the extent to which these units are obse...
- Gujarat issues new environment audit guidelinesThe Gujarat Pollution Control Board (GPCB) has issued fresh guidelines for chemical industries and Common Effluent Treatment Plants (CETPs).
- Goa government suppressed assessment report on mining impact: Madhav GadgilThe erstwhile Digambar Kamat-led government had roped in Gadgil to assess the impact on environment due to mining activity in the coastal s...
- Water pollution: Parliamentary committee to summon officials of 6 ministriesTerming water pollution as a "national crisis", a Parliamentary committee has decided to summon officials of at least six central ministrie...
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