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PW AND CO LLP
SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- 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...
- PwC troubles in China deepen with exit of Hong Kong partnersPricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is ex...
- NFRA's next inspection to target audit firms with large client baseThe NFRA plans to focus on auditing firms with significant listed company audits, using data analytics to detect potential issues. Chairman...
- NFRA flags deficiencies in audit works by 2 PwC firmsThe National Financial Reporting Authority identified shortcomings in audits by Price Waterhouse Chartered Accountants LLP and Price Waterh...
- China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
- PwC weighs halving of China financial services audit staffPwC plans to cut up to half its financial services auditing staff in China amid regulatory scrutiny and client departures. The firm, which ...
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
- PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
- ICAI disciplinary panel overlooks stay to pass order against 2 partners of PwC armsDespite a Delhi High Court stay, the Institute of Chartered Accountants of India (ICAI) has published orders penalizing two PwC affiliate p...
- ICAI passes orders against five affiliates of Price WaterhouseThe Institute of Chartered Accountants of India (ICAI) has sanctioned five Price Waterhouse affiliates, two other entities, and two individ...
- ICAI lens on big four affiliates over their association with global entitiesThe EY affiliate firm, SRBC & Co LLP spokesperson told ET that they will explore all issues raised in the order and explore options under t...
- NFRA finds certain lapses in audit quality of network entities of Big 4The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality co...
- Auditors' red flag in time could have averted many financial misdoings: NFRA chiefEmphasising that things work on trust, Ajay Bhushan Prasad Pandey said the NFRA should not be seen merely as an enforcement agency. "Only i...
- 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...
- PricewaterhouseCoopers' arm PW & Co LLP set-ups office at GIFT CityPW & Co LLP was granted a licence to operate as an ancillary service provider in GIFT City.
- All students placed in IIM Lucknow summer placement; highest stipend at Rs 2.5 lakh/monthThe placement process was conducted entirely virtually. The recruiters this year include Accenture, Alvarez & Marsal, Amazon, Bain & Co, Ci...
- Eveready shares crack 5%, hit lower circuitET reported, quoting sources, that PwC had sought details of certain deposits and questioned EIIL about how the company wishes to recover t...
- PwC resigns as an auditor of Eveready Industries citing inter-group transactionPwC had raised questions around Rs 62 crore in advances given to a lease hold company.
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