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EXTERNAL AUDITORS
Grid India seeks steering panel for market couplingGrid India suggests a steering committee for power market coupling. This body would include CERC, Grid India, and power exchanges. The move...- OSM portal was not 'thoroughly' tested for functionality and security threats before deployment: IIT panel memberThe IIT panel, constituted following the controversy surrounding the OSM portal, is expected to submit its report to the Education Ministry...
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
- Sebi mulls allowing InvITs to add major road expenses back into NDCF calculationThe proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) ...
- A $40,000 raise and the CFO seat are within reach, but one employee in his early 30s says the promotion isn't worth itA finance director at a nonprofit is contemplating declining a promotion to CFO, despite being the likely successor. He enjoys hands-on fin...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- IndusInd's ex-CFO files Rs 70-cr suit over wrongful terminationFormer IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination...
- How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
- CAG GC Murmu re-elected as external editor at WHO for another 4-year termComptroller and Auditor General of India (CAG), Girish Chandra Murmu, has been re-elected as External Auditor of the World Health Organizat...
- CAG selected as external auditor of International Labour OrganisationComptroller and Auditor General of India (CAG) has been selected as external auditor of the International Labour Organization (ILO), Geneva...
- UN Panel of External Auditors can contribute to strengthening of accountability standards: CAG MurmuComptroller and Auditor General (CAG) of India Girish Chandra Murmu has said that the UN Panel of External Auditors is uniquely placed to c...
- CAG Girish Murmu appointed Chairman of UN Panel of External Auditors againAs the Chairman, the CAG of India plays a key role in achieving the Panel's objective of greater degree of collaboration and coordination, ...
- India's CAG Murmu elected as External Auditor of Inter Parliamentary Union, GenevaIn recent past, he has been the External Auditor of World Food Programme, World Intellectual Property Organization, International Atomic En...
- Facebook to engage external auditors to validate its content review reportSocial media giant Facebook has said it will engage with external auditors to conduct an independent audit of its metrics and validate the ...
- External auditors seek protection from "harassment"Auditing and Assurance Standards Board chairman G Sekar alleged external auditors often face the brunt of fraud cases even though they have...
- CAG Rajiv Mehrishi elected external auditor of WHOMehrishi was elected at the 72nd World Health Assembly in Geneva last month with a majority.
- External auditor to probe brokers, clients’ role in castor trade fiascoThe announcement of an investigation comes close on the heels of Sebi having asked the bourse for an explanation on the circumstances leadi...
- New Companies Act: Auditors ask companies to keep their books in order before April 2016Under the new Companies Act, the board of directors and the auditors will be held responsible for fraud or discrepancies in company operati...
- Infosys needs to hire external auditor for visa complianceAppointment is part of its recent decision to settle for $34 million after a federal investigation into alleged misuse of visas.
- Vinod Rai re-elected as chairman of UN auditors panelThe UN Secretary General Ban Ki Moon has appreciated the panel and the yeoman service rendered by the external auditors in improving govern...
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