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FRRB INVESTIGATION
India audit watchdog to complete probe of Gensol, IndusInd Bank within six monthsIndia’s audit watchdog will complete its review of audit reports for Gensol Engineering and IndusInd Bank within six months, ICAI President...
ICAI to review financial statements of crisis-hit Gensol Engg, BluSmart MobilityICAI will scrutinize the financial statements of Gensol Engineering and BluSmart Mobility for fiscal year 2023-24, prompted by concerns ove...
ICAI's disciplinary committee probing alleged auditing lapses in Byju's caseThe matter related to Byju's has been referred to the disciplinary committee by the disciplinary directorate and investigations are going o...
Found gross negligence by Byju's auditors: ICAI presidentICAI found gross negligence by auditors of Byju's. FRRB will review the conduct of auditors and take appropriate action. RBI barred Paytm P...
MCA seeks fast submission of inspection report on Byju’s; company says 'complied with' govt directionsThe Ministry of Corporate Affairs (MCA) has requested a swift investigation into potential corporate governance issues at Byju's and will d...
Paytm issue may be reviewed, scrutiny on Byju's progressing well: ICAIInstitute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may ...
Report on audit at Byju's soon: ICAI ChiefThe Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) is finalizing its report on the stand...
NFRA imposes 1-year ban, slaps fine on auditor for lapsesIn its order on Thursday, the regulator said it had levied a fine of Rs 1 lakh on Sachin Kansal. He is the proprietor of S Kansal & Associa...
PNB fraud: ICAI to look at auditors' role, sets up panel to study systemic issuesAccording to an official, the institute would be looking at the role of auditors in these cases to ascertain whether there have been any vi...
- Govt may penalise companies saddled with adverse auditor remarks
Sebi's decision to scrutinise accounts of firms with adverse auditor remarks must be backed by the Companies Act.
- Govt orders probe into 8 cos promoted by Raju
Govt on Thursday ordered a probe into all the eight companies promoted by Ramalinga Raju, the former chairman of Satyam Computer Services.