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EY, PwC ‘Chinese Walls’ under spotlight amid insider trading allegationsAllegations of insider trading against EY and PwC partners in India have raised concerns about the effectiveness of 'Chinese walls' and int...- Saudi wealth fund blocks PwC from advisory work for one yearSaudi Arabia's Public Investment Fund has stopped PwC from securing advisory and consulting contracts until February 2026. This move affect...
- Big Four affiliates catch the poll fever again, line up for ICAI postsAfter a break, partners from Big Four affiliates are engaging in ICAI elections due to a more assertive ICAI, changing audit rules, and rec...
- 57% investors say Big-4 auditors have no credibility: IiAS surveyAccording to a survey by Institutional Investor Advisory Services of 63 large investors and sell-side analysts numbering 89, conducted onli...
- Government wants CCI probe on Big 4 auditorsThe govt wants its competition watchdog CCI to probe into issues of cartilisation and thwarting competition.
- Big 4 under watch: Govt wants CCI probe into their dominanceThe govt believes the Big Four audit firms create ‘entry barriers’ for domestic firms, ETNow said.
- PwC exits put auditors, banks, rating cos in a fixThe PwC move comes in the backdrop of the profession running into a rough patch.
- Senior partners, executives exiting BDO to join MazarsBoth firms are making differing claims on the number of people moving given that the process is underway.
- A slew of systemic and cultural issues that threw top auditors off balanceEach day as clamour grows for strict action against auditors, the profession finds itself at a crossroads.
- Big 4 firms thinking of keeping off risky auditsThe audit firms say they must take hard calls on the business after a series of strict regulatory actions.
- Big 4 thinking of keeping off risky auditsThe audit firms say they are at an inflection point and must take hard calls on the business.
- 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.
- PwC ropes in Gaganpreet Puri to head anti-fraud services unitPuri was till recently managing director for Singapore at NYSE-listed Navigant consulting.
- Business pressure & external regulation have changed the way audit firms workThese pressures have been telling on audit cos — Indian firms and MNCs, which include the Big Four and others such as Grant Thornton and BD...
- Auditors under close watch, Big 4 tells its partners to take it easy with targetsIndustry trackers say caution has set in after the Securities and Exchange Board of India (Sebi) and RBI began questioning the auditor's ro...
- Price Waterhouse' Rs 600 crore audit revenue may take a hit, could lose big clients tooPW audit firms will be appealing this decision and believe that there are strong grounds to get a positive outcome,” Mukherjee wrote in an ...
- Price Waterhouse’s loss could be competitors’ gainThe firm audits 75 listed companies between the various Price Waterhouse entities and also does associated certification work banned by the...
- Tip of the iceberg? PwC has a long history of controversies in IndiaPwC and its related entities in India have for long been in controversies. Here is a list of major controversies the firm has faced.
- Donald Trump's ban may hit diversity of thoughtGlobally, the organisations that innovate the most, admittedly do so on account of diversity of thought. Google, Facebook and Twitter are a...
- Fed's lead supervisor of Goldman Sachs Group quits over job advising other financial firmsAuer, Goldman Sachs pointed out, had gleaned insights into operations and risk-management strategies that could be useful to competitors, t...
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