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PWC AUDIT DEFICIENCIES
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...- NFRA inspection reports of 10 audit firms by March-endIndia's financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Find...
- 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...
- NFRA set to release first annual audit firm reports, focuses on compliance and transparencyNFRA plans to release inspection reports on major audit firms by mid-November after finding improvements but noting more work needed. Annua...
- 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 to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
- PwC China faces 6-mth business ban, large fine over Evergrande audit, sources sayChinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China...
- PwC names new China head amid regulatory scrutinyPwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effe...
- First NFRA annual report on eight audit firms by NovemberThe National Financial Reporting Authority (NFRA) is set to conduct its first annual inspection of eight audit firms, including the Big Fiv...
- Evergrande liquidation law firm probing PwC, others for potential claimsLawyers for China Evergrande Group's liquidators are investigating its former auditor, PwC, and other service providers to recover losses f...
- NFRA's first annual inspection of key audit firms to start by AprilThe regulator will also gauge the Big Five's compliance with the suggestions made in its December 2023 reports in which it had flagged defi...
- Was the SEBI action on PwC justified?Sebi roiled the small world of auditors & auditing firms in India and across the globe with its 2-year ban against the entities and firms a...
- Who will audit the auditors asks IiAS in a research reportIndian companies are required to choose a new auditor by March end as part of audit rotation. The companies are required to form audit comm...
- US sanctions five Indian affiliates of PricewaterhouseCoopersThe US SEC sanctioned five affiliates of PricewaterhouseCoopers that formerly served as independent auditors of Satyam Computer Services Lt...
- US sanctions five Indian affiliates of PricewaterhouseCoopersThe US Securities and Exchange Commission sanctioned five India-based affiliates of PwC that formerly served as independent auditors of Sat...
- Two PwC officials arrestedThe Andhra Pradesh state police on Saturday arrested two auditors of PricewaterhouseCoopers, Talluri Srinivas and S Gopalakrishnan, on char...
- US auditor also slipped on Satyam accountsIt looks like even the auditors' auditor, Public Company Accounting Oversight Board, missed the gigantic fraud in Satyam Computers. Satyam'...
- J Sagar Associates to defend PwC in Satyam casePricewaterhouseCoopers seeks services of Delhi-based law firm J Sagar Associates in the Satyam Computer case.
- Next 'Satyam': Ex-CFO Srinivas says co's fixed deposits fictitiousFormer CFO of Satyam revelead that the software firm’s fixed deposits were unreal and fictitious. Satyam Scam: Complete Coverage
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