ICAI lens on big four affiliates over their association with global entitiesThe EY affiliate firm, SRBC & Co LLP spokesperson told ET that they will explore all issues raised in the order and explore options under t...
29 Apr, 2024, 12.41 AM IST
Big six corner most of auditing business in Nifty-500 universeAccording to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 ass...
29 Apr, 2024, 12.38 AM IST
KPMG, Deloitte affiliates hit with US penalties for exam cheatingExam cheating has plagued the auditor industry for years. KPMG in 2019 agreed to pay $50 million to the U.S. Securities and Exchange Commis...
10 Apr, 2024, 10.14 PM IST
Top auditors stop offering non-audit work to clientsTop audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit se...
11 Mar, 2024, 12.43 AM IST
Letters sent to affiliates of Deloitte, EY, KPMG, Grant Thornton, and two CA firms based in Ahmedabad; Adani Group says it complies with relevant accounting standards & lawsThe National Financial Reporting Authority (NFRA) has requested audit affiliates of Deloitte, EY, KPMG, Grant Thornton, and two Ahmedabad-b...
25 Oct, 2023, 11.22 PM IST
Top 5 audit companies corner lion's share of mandates"Major listed companies opt for the top five auditors due to their strong reputation. The top auditors too prefer to work with the larger l...
08 Jun, 2023, 01.22 AM IST
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...
19 Nov, 2022, 12.11 AM IST
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....
23 Sep, 2022, 11.25 AM IST
Price Waterhouse looking to set up base in GIFT city amid influx of MNCsThe affiliate of PricewaterhouseCoopers is looking to rope in senior executives and partners who will look after the operations from the fi...
10 Sep, 2021, 08.22 AM IST
Financial regulatory authority cites social media posts to blow a hole in the defence put up by the Big Four in IL&FS caseNational Financial Regulatory Authority (NFRA) in a recent report on IL&FS Financial Services Ltd (IFIN) even posted screenshots of social ...
27 Aug, 2020, 04.54 PM IST
Appointment of BSR as an auditor of IFIN was illegal: NFRA report on IL&FSET had first written on July 17 about NFRA’s report on BSR and how the firm did not adhere to auditing standards. NFRA had then sought the ...
17 Aug, 2020, 06.22 PM IST
MCA plans to move SC against IFIN auditorsThe Centre plans to contest in the apex court a Bombay High Court ruling that disallowed a government petition that had sought to take acti...
25 Apr, 2020, 08.40 AM IST
Penalties take toll on auditing firmsSFIO has named Deloitte, KPMG and others along with some of their senior executives in the IL&FS case.
07 Jun, 2019, 02.06 PM IST
RBI ban on SR Batliboi & Co may impact audit of large lendersThe central bank’s action against Batliboi on Monday came after it found several lapses in the audit report of Yes Bank, said a person priv...
06 Jun, 2019, 07.17 PM IST
Jet Airways auditor finds complete net worth erosionBSR & Co, a KPMG affiliate, also found the airline to not be a 'going concern.
10 Aug, 2018, 09.38 PM IST
Dinesh Kanabar quits KPMG, to set up his own advisory firmDinesh Kanabar, deputy CEO of KPMG, has resigned from the firm on Wednesday after a four year stint with the consulting firm.
10 Sep, 2014, 02.30 PM IST
- Battle against money laundering deepens
Globally, banks have raised spending by 60% in three years as battle against money laundering intensified.
18 Aug, 2007, 04.15 AM IST