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Big 4's dominance: Local companies call for level playing fieldIndian auditing firms are pushing for fair competition with multinational counterparts, expressing concerns over the Big Four's increasing ...- Govt demand to bar IFIN auditors: Deloitte, BSR ban may leave big gap in Audit Inc's booksSuch a move would take out two of the so-called Big Four and affect as many as 342 listed companies.
- Serious Fraud Investigation Office lens on IL&FS auditorsThirty five audit firms of IL&FS, ITNL are under scrutiny of SFIO, may be served notices soon.
- 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.
- Big win for big 4: ‘Government audit’ gives a thumbs up to MNCsIn many bankruptcy situations, network firms of the Big Four were found to be the auditors.
- Is PwC action an opportunity for the rise of PM Modi's desi Big 4?Sebi has banned global auditing firm Price Waterhouse from auditing listed companies in India for two years for its role in the Satyam scam.
- Indian audit firms perk up as PM Narendra Modi talks of creating desi Big 4Indian auditors accuse the big 4 MNCs of circumventing laws to grow their businesses. They have long been demanding a level-playing field.
- Ashok Chawla panel set to submit joint audit reportThe representatives of The Institute of Chartered Accountants of India also met with the committee members and put forth their arguments.
- Government sets up expert group to look into Auditing industryIncreasing globalisation, complex regulatory requirements, and expertise in newer areas such as technology and big data have also helped th...
- Government sets up expert group to look into auditing industryAlthough Indian firms audit slightly more than 60% of ET 500 companies, there has been a perceptible shift towards the multinational firms,...
- Big four increase their dominance in Indian audit business: Prime Database"The Big 4, between them, handled 401 assignments of the total 1,519 companies, or 26 per cent of the total," according to the Prime Databa...
- Compulsory rotation, likely direct entry of foreign MNCs spell bad times for Indian auditorsThe growing gap between the MAFs and Indian firms will potentially widen further when the audit rotation and direct entry of MNC audit firm...
- Top local audit companies seek PM's help to fight foreign playersAccording to the Companies Act 2013, businesses will have to change auditors after two terms of five years each from April 1, 2017.
- ET GBS: PM Narendra Modi is God’s gift to India, says economist Jagdish BhagwatiProf Amartya Sen killed UPA 2...He says growth is a fetish. He was not for Direct Foreign Investment, he was pushing for social expenditure...
- Effective governance can propel growth to over 8%: ChidambaramThe country's economy will continue to grow at 5-6 per cent "regardless" of what government does or doesn't do, says Chidambaram.
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