Auditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders...

If the loans are classified as “current liabilities” in the year-end financials, it will impact the company’s liability-to-asset ratio, hin...

Opinions sought on areas where the audit firms are not safisfied with management stand; change in approach follows regulatory actions in th...

Both firms are making differing claims on the number of people moving given that the process is underway.

Each day as clamour grows for strict action against auditors, the profession finds itself at a crossroads.

Committee of experts seeks curbs on kind of services foreign firms can offer audit clients.

The implication of the Sebi order could be bigger for audit-heavy local firms.

Many foreign private equity firms and multinationals tend to put caveats in their contracts where their India practice is mandated to choos...

Indian auditors accuse the big 4 MNCs of circumventing laws to grow their businesses. They have long been demanding a level-playing field.

The growing gap between the MAFs and Indian firms will potentially widen further when the audit rotation and direct entry of MNC audit firm...