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KPMG AUDIT FINDINGS
Coforge says chairman OP Bhatt instructed to hide audit findings from other board membersCoforge chairman OP Bhatt resigned two days after board evaluation findings were withheld. The internal audit revealed these crucial report...- KPMG audit revealed OP Bhatt suppressed key information as Coforge board chairOP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered inconsistencies in separate board membe...
- AI adoption in finance hits 76%, governance and AI-centric operating models key to future edge: KPMGArtificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. ...
- KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandalKPMG Australia has penalized seven staff members for misusing confidential client information. Financial penalties up to A$180,000 were imp...
- NFRA inspection reports of 10 audit firms by March-endIndia's financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Find...
- NFRA flags deficiencies in BSR & Co's audit of related party transactionsThe National Financial Reporting Authority (NFRA) identifies significant deficiencies in BSR & Co LLP's audit practices, focusing on relate...
- 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...
- NFRA's first annual inspection of key audit firms to start by AprilThe regulator will also gauge the Big Five's compliance with the suggestions made in its December 2023 reports in which it had flagged defi...
- Grant Thornton could add nearly two dozen senior executives to assist companies on M&A dealsThe number 5 ranked auditor has signed up with executives from some of the Big four accounting firms such as PwC and KPMG but is yet to ann...
- Srei founder urges RBI governor to advise banks not to act on KPMG reportEven though Kanoria had moved the court challenging the report, he has appealed to Reserve Bank of India (RBI) governor Shaktikanta Das to ...
- Grant Thornton emerges as new challenger to Big FourEven after regulatory action on the firms after a number of scams, the Big Four – EY, Deloitte, KPMG and PwC – dominate the audit space, ha...
- KPMG audit finds fund misuse by DHFLThe audit has found that mortgage lender has disbursed loans and advances to inter-connected entities that appear to be linked to its promo...
- Govt demand to bar IFIN auditors: Deloitte, BSR ban may leave big gap in Audit Inc's booksSuch a move would take out two of the so-called Big Four and affect as many as 342 listed companies.
- KPMG India asks tax partner and his team to quitFor KPMG India, the last 12 months have been pretty eventful. In October last year, Deloitte India poached 20 partners and about 300 execut...
- Big four auditors bag big business from top companiesThe big fight for prestigious audits was between the Big 4 — EY, KPMG, Deloitte and PwC — as most audit committees of larger companies chos...
- Elections at KPMG India for the second time in a year after CEO Richard Rekhy announced retirementRekhy was re-elected unopposed for 4 years but last month a big exodus from the advisory team and a partner coup led to circumstances that ...
- KPMG drama: Global heads step in to steady shipUnder the new arrangement, Rekhy will continue as India CEO but will handle mostly client-facing and global coordination responsibilities.
- KPMG to do forensic audit of UCX; submit report in 6 weeks: FMCFMC said KPMG has been appointed to conduct a forensic audit of the UCX after it found that its promoter allegedly siphoned off funds from ...
- Nasscom trains lens on employee screening companiesEmpanelled background checkers like KPMG have found that one out of every 20 candidate resumes has some sort of misrepresented fact.
- Anil rubbishes RCOM special audit reportAnil ambani alleged there was a “vicious and malafide” campaign against RCOM by a known rival group". Wipro to hire US workers | Mukesh Amb...
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