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KPMG AUDITING FIRM
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...
- 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...
- 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....
- Jamil Khatri, KPMG India’s audit spearhead steps downThe exits have taken place at a time when Yezdi Nagporewalla, the newly elected CEO of KPMG India, is about to take over the corner room fr...
- More auditors may quit over rising differencesSome of the large audit firms are now conducting a risk assessment of their existing clients.
- IFIN case: Big win for Deloitte, BSR & CoThe Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the a...
- Government moots steps to enhance audit independence, accountabilityThe paper has suggestions for curbing five "threats" for the independence of auditors. The threats pertain to self-interest, self-review, a...
- In relief for auditors, NCLT stays order of impleadmentThe Centre is looking to clamp down on Deloitte and BSR, a KPMG network firm, for alleged lapses on their part in auditing the accounts of ...
- KPMG on talent hunt as advisory battle loomsThe firm is relying on hiring aggressively, upskilling current teams, and using technology extensively in a bid to scale up its advisory se...
- 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...
- 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...
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