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...
29 Apr, 2024, 12.41 AM IST
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...
23 Dec, 2023, 01.09 AM IST
Deloitte may step down as auditor of Adani Ports & SEZ ahead of termAccording to one of the persons, a formal announcement is expected in the next three-four days. The firm was reappointed statutory auditor ...
12 Aug, 2023, 09.13 AM IST
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...
20 Nov, 2022, 12.53 PM IST
NFRA pulls up SRBC & Co for ITNL auditThe report said that the audit firm has to be independent and has violated several regulations mandated for the audit firms. NFRA, part of ...
01 Oct, 2021, 07.50 PM IST
As more auditors quit, D-Street sees reason to worryThe stock of UPL fell as much as 9% on Friday after KPMG resigned as the auditor of its material arm in Mauritius, though it was to re-orga...
19 Oct, 2020, 03.15 PM IST
IL&FS fraud: National Financial Reporting Authority flags BSR’s lapses in IFIN caseThe inquiry is focused on the allegations of fraud at IL&FS after the company failed to meet debt obligations in September 2018, triggering...
17 Jul, 2020, 10.31 AM IST
Irregular deals by brass may have led to Rs 3000 crore loss for CG Power: ReportThe cheques were issued by CG without approval from its board or risk and audit committee.
17 Sep, 2019, 11.45 AM IST
IL&FS probe: NFRA seeks documents from auditorsNearly 40 auditors including Deloitte, KPMG, EY have been asked to give hard copies, cloud access.
15 Jun, 2019, 12.32 PM IST
Auditors weigh quitting companies with dodgy a/c policiesFlurry of resignations in sectors such as real estate, infra and NBFCs are likely to come in next few months.
14 Jun, 2019, 12.27 PM IST
More auditors likely to expose accounting issues, then quitMultiple insiders said at least a dozen audits firms are evaluating whether they should resign.
14 Jun, 2019, 08.35 AM IST
Infibeam terminates Ernst & Young’s affiliated auditor for unpublished price sensitive data breach, audit firm denies itInfibeam informed the stock exchanges about the data breach, regarding certain unpublished price sensitive information (UPSI), leading to a...
05 May, 2019, 08.28 PM IST
Whodunit? Hunt on for names behind IL&FS' Rs 91,000 cr messSFIO has started questioning the top management of IL&FS and is searching the group’s offices.
03 Oct, 2018, 09.01 AM IST
SFIO probe ordered into IL&FS and its subsidiariesThe agency will also question the ousted directors and former chief Ravi Parthasarathy.
03 Oct, 2018, 08.01 AM IST