Global overhaul at Big Four firms brings fresh alignments for IndiaBig Four firms are restructuring globally due to slow growth and changing regulations. These changes will impact their Indian operations. E...
27 Apr, 2025, 06.37 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
UK seeks to rein in Big Four with new, revamped audit rulesThe widely awaited overhaul comes after lawmakers and practitioners promised to improve audit quality following a series of high-profile mi...
01 Jun, 2022, 11.33 AM IST
KPMG India begins hunt for CEO’s successor to take over next yearThe new chief will take over at a time when the Big Four audit firms are trying to grow their non-audit advisory businesses and gunning for...
06 Sep, 2021, 06.16 AM IST
UK's Big Four auditors await shake-up as corruption probes add upUK authorities want the industry to separate audit and consulting activities, while increasing oversight and competition following allegati...
30 Nov, 2020, 03.43 PM IST
EY to hire 23,000 people in FY20The accounting firm is set to hire in 2020, making the Indian arm its largest workforce outside of the US.
16 Dec, 2019, 01.34 PM IST
Walmart graft check: Flipkart hires KPMG to vet its vendorsA corruption scandal in its Mexico unit prompted Walmart to tighten its compliance with the Foreign Corrupt Practices Act (FCPA) globally, ...
09 May, 2019, 08.41 AM IST
Hauling Deloitte & KPMG over coals may singe India IncWith only few quality audit firms, scaled-down presence of Big Four could hit cos, stump foreign investors.
03 May, 2019, 09.10 PM IST
Trust should not be taken for granted in our profession: KPMG's William ThomasWe spend an incredible amount of time, energy and effort to fulfill the responsibility that we have towards the capital markets.
27 Feb, 2018, 02.34 PM IST
Top deck leads exodus at KPMG forensic audit division, 6 partner-level execs likely to join PwCAccording to industry sources and people within the company, between 75 and 100 staff members are also expected to leave along with the par...
21 Aug, 2013, 06.45 AM IST
- With the increase in scams like Oylmpus, life is becoming tough for auditors
If you work as an auditor for a big accounting firm, it just got that much harder to make the case that society should value your services.
11 Nov, 2011, 01.23 AM IST
- Govt mulls new laws to make global audit firms accountable
The government is considering changes in laws to make multinational audit firms responsible for professional wrongdoings by their Indian af...
28 Sep, 2010, 02.51 AM IST
- No client should exceed 10% biz of audit firm: Panel
No single corporate client or group should account for more than a tenth of the total revenues of any audit firm and its associates, a comm...
30 Nov, 2009, 05.12 AM IST
Satyam a/cs may be restated by March 2010Satyam is set to seek a three-month extension of the deadline for restatement of accounts of the scandal-hit software firm, to March 31, 20...
10 Jul, 2009, 01.07 AM IST
- KPMG, Deloitte to submit Satyam investigation report
Global audit firms KPMG and Deloitte apart from investment bankers Goldman Sachs and Avendus begin their presentations at the Satyam headqu...
20 Mar, 2009, 11.04 AM IST
- Price Waterhouse admits goof-up in Satyam audit
A week after Satyam founder B Ramalinga Raju’s scandalous confession, it’s the turn of his auditors. Funny side of Satyam saga! | World's b...
15 Jan, 2009, 01.45 AM IST
- US auditor also slipped on Satyam accounts
It looks like even the auditors' auditor, Public Company Accounting Oversight Board, missed the gigantic fraud in Satyam Computers. Satyam'...
14 Jan, 2009, 07.00 AM IST