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KPMG AUDITORS
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...
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...
Bombay HC rejects Amit Goenka's plea against Sebi's hiring of KPMG as forensic auditor for SGRLThe Bombay High Court rejected Amit Goenka's challenge against Sebi's appointment of KPMG as forensic auditor for Shirpur Gold Refinery Lim...
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...
NFRA seeks e-locker for auditors to keep digital docs safeThe National Financial Reporting Authority (NFRA) has been working to implement a mechanism for auditors which could help them to keep thei...
KPMG Mauritius: Can SEBI's rules be imposed on auditors of overseas operations?KPMG Mauritius had last month resigned as the auditor of UPL's Mauritius arm. Shares of the Mumbai-based company slumped as much as 9.40% t...
UPL tumbles 5% after KPMG resigns as auditor of Mauritius arm“We hereby submit our resignation as auditors of UPL Corporation Limited with immediate effect. There are no circumstances connected with o...
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 ...
BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resignedBSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.
IL&FS may hire auditor to check 5 years’ accountsThe reopening of books could also pose questions on the auditors, insiders said.
New Companies Act: Auditors ask companies to keep their books in order before April 2016Under the new Companies Act, the board of directors and the auditors will be held responsible for fraud or discrepancies in company operati...
- Reebok fraud case: SFIO, ICAI to probe auditors' role
"The Serious Fraud Investigation Office (SFIO) will look into the role of auditors as it probes all angles of the case,'' said corporate af...
- SEC asks Wipro to prove its auditor KPMG India's independence
SEC 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 KPMG
ICAI, 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 India
KPMG 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...
- Fact finders: Satyam ropes in KPMG, Deloitte
Deloitte Haskins & Sells and KPMG, both part of the Big Four accounting firms, have been appointed as auditors for Satyam Computer Services...
- KPMG, Deloitte appointed statutory auditors for Satyam
The move to consider KPMG and Deloitte is likely to raise queries in accounting circles. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B )...