NFRA finds certain lapses in audit quality of network entities of Big 4The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality co...
KPMG expands operations in Kolkata: OfficialsThe new office, equipped with state-of-the-art facilities and collaboration spaces, will accommodate a growing team of professionals, a sta...
PwC offers advice from bots in deal with ChatGPT firm OpenAIThe accounting firm will use AI to consult on complex matters in tax, legal and human resources, such as carrying out due diligence on comp...
Sebi empanels 34 entities for conducting forensic investigation of mutual funds, AMCs, trusteesThe entities are required to undertake acquisition, extraction and analysis of digital evidence from mobile, computers, tablets, hard drive...
Sebi empanels 34 entities to conduct forensic probe of mutual funds, AMCs, trusteesThese 34 entities have been empanelled after evaluation of all the applications in response to Expression of Interest (EoI) invited by the ...
KPMG Assurance pays US regulator's penalty in 2017 caseIn an earlier order, the PCAOB announced that it had censured KPMG Assurance and Consulting Services LLP, a registered public accounting fi...
Auditors' red flag in time could have averted many financial misdoings: NFRA chiefEmphasising that things work on trust, Ajay Bhushan Prasad Pandey said the NFRA should not be seen merely as an enforcement agency. "Only i...
Big 4 affiliate firms continue to lead audit business in IndiaIn India, the Big Four firms conduct their audit business through affiliate firms. The EY group has emerged as the market leader with 153 m...
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....
KPMG set to cut ties with some Russian clientsThe accounting giant is reviewing and adapting client work to align with sanctions and comply with all new laws, Jonathan Holt, Chief Execu...
UPL tumbles 5% after KPMG resigns as auditor of Mauritius arm“We hereby submit our resignation as auditors of UPL Corporation Limited with immediate effect. There are no circumstances connected with o...
Sebi adds Sarath & Associates in CA firms list to conduct forensic audit of listed cosThe move comes amid Sebi ordering forensic audit of a slew of companies.
Aurionpro to sell ID, access management business to KPMG for Rs 217 croreThe company claimed that Cyberinc is the largest independent IAM technology provider in the world with a global team of 190-persons, having...
GST: Tax headache in India is a bonanza for global accounting firmsWith just 7 weeks to go before GST kicks in, Indian companies are in a race against to bring in global experts to help overhaul their syste...
- Government cautious in allowing FDI in LLP format of business: Experts
The government has allowed FDI in Limited Liability Partnership (LLPs) only in sectors where 100% FDI is allowed under the automatic route.
- VCs optimistic about rise in investments in 2010: KPMG
The venture capital industry is optimistic about renewed investments this year, with focus shifting primarily to the green technology secto...
- KPMG faces $1-bn law-suit over reckless audits: Report
Accounting major KPMG is being sued for $1 billion (690 million pound) in damages from a trustee of collapsed American lender New Century F...