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KPMG AUDIT
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- Forensic experts call for AI-driven playbook to counter deepfakes and digital scamsFinancial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...
- Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...
- KPMG to exit US federal audit businessBig Four firm KPMG is leaving its federal government audit work. The company will move over 450 U.S. staff to new roles. This follows a los...
- ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...
- Audit firms wary as govt proposes to tighten rulesNew rules on auditor independence are causing worry among Indian audit firms. These changes could affect how audits are priced and limit ch...
- KPMG seen to slash jobs in UK auditing segmentKPMG UK is set to reduce its workforce in the auditing division. The company anticipates a significant number of departures if a redundancy...
- NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...
- NFRA report flags audit lapses at firms linked to PwC, EY, KPMG, BDOIndia's financial watchdog, NFRA, has released inspection reports on major audit firms. These reports highlight issues with audit independe...
- 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...
- 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...
- KPMG faces $18 million misconduct fine for misleading regulatorThe tribunal found five former KPMG employees guilty of misconduct during a routine FRC inspection of a Regenersis audit to end-June 2014 a...
- Srei promoters move NCLT, contesting KPMG forensic auditThe company's bankers had tasked KPMG to carry out a forensic audit in March last year as they were considering a loan recast. An RBI speci...
- 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 ...
- Deloitte biggest audit firm in 2015, charged Rs 225 crore in fees: Prime DatabseAll the players saw a jump in the number of companies audited from a year before except KPMG, which had audited 60 companies in 2013/14.
- SEC asks Wipro to prove its auditor KPMG India's independenceSEC has asked Wipro to prove independence of its auditor KPMG India, failing which the co may have to appoint new auditors or get its books...
- ICAI writes to Satyam board not to give auditing work to KPMGICAI, has written to the newly appointed Satyam Board that KPMG cannot do auditing and accounting work of the Hyderabad-based IT company an...
- Deloitte, KPMG have no licence to do audit work in IndiaKPMG and Deloitte, the firms entrusted by the new board of Satyam to audit the company's accounts, are not allowed to do audit work in Indi...
- KPMG won't do auditing for SatyamKPMG said it will not do any auditing work for Satyam, hours after ICAI cried foul over its appointment. In pics: Funny side of Satyam saga...
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