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INSTITUTE OF INTERNAL AUDITORS
Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
CAG flags delay in finalisation of accounts of various PSUs, autonomous bodies in J&KThe CAG has flagged a massive backlog in the finalization of accounts for Jammu and Kashmir's PSUs and autonomous bodies, with many remaini...
Who are Delve founders Karun Kaushik and Selin Kocalar?Both founders, Karun Kaushik and Selin Kocalar, hold a bachelor’s degree in artificial intelligence from the Massachusetts Institute of Tec...
Former Deloitte India chairman PR Ramesh joins VerSe Innovation as independent directorPR Ramesh, former Deloitte India chairman, has joined VerSe Innovation as an independent director and will chair its audit committee. He wi...
CFOs, auditors must follow regulations in letter and spirit says RBIRBI emphasizes the importance of CFOs guarding against fraudulent transactions and misuse of internal accounts. Auditors advised to enhance...
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...
Institute of Internal Auditors offers fast track internal auditor certificationThe certification enhances domain knowledge in the areas of governance, risk, and internal controls and is expected to provide global job o...
Deloitte and Institute of Risk Management launch platform for chief risk officersSebi could make it mandatory for top one thousand listed companies to have a risk committee.
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...
India has potential to export services of internal auditing: IIA“The Companies Act 2013 recognises the fact that more accountability and corporate governance need to be in place for organisations,” said ...
Companies may need more guidance on internal financial control reportingAuditors would have to provide information about a company's internal financial controls and their operating effectiveness in the annual st...
CAG's report on 2G spectrum fool proof and best: Vinod RaiVinod Rai today said the audit report on 2G spectrum allocation was approved by a group of 12 CAGs from around the world, who described it ...
Audit firms like E&Y, PwC and Protiviti Consulting ramp up hiring for internal audit and risk advisory functionsWith economic cycles increasing the risk of fraud, companies are ramping up their internal audit and risk advisory functions.
Auditors, too, should blow the whistle: Richard F Chambers, President & CEO, The Institute of Internal AuditorsThe global financial crisis in 2008 has largely been attributed to failures in risk management, especially in the financial services sector.
- Internal auditor can help companies to be more competitive on global scale
The Institution of Internal Auditors (IIA) is a non-profit professional organization working towards development of the internal auditing p...
- ICAI for compulsory outsourcing of internal audit functions
Accounting regulator ICAI has asked the government to make outsourcing of internal audit functions mandatory for companies to prevent a Sat...
- ICAI relaxes rule for internal auditors to act as tax auditors
Accounting regulator ICAI on Friday issued a clarification saying that internal auditors appointed as tax auditors can continue to do their...
- Auditors to soon ring alarm bell on income risks of cos
Auditors will soon have to warn investors of potential risks to companies’ future income in addition to certifying accounts and signing off...