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APEX AUDIT COMMITTEE
Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...- ICAI to embed AI, data analytics in CA curriculumThe Institute of Chartered Accountants of India will integrate artificial intelligence and data analytics into its curriculum. This move ai...
- Audit watchdog to split disciplinary & probe functions, set up 4 divisionsThe National Financial Reporting Authority (NFRA) is restructuring its operations by creating separate wings for investigation and discipli...
- Supreme Court dismisses plea seeking national task force to ensure compliance with food safety measuresThe Supreme Court has thrown out a petition seeking the formation of a national task force focused on food safety, citing a lack of substan...
- Suits & Sayings: Paper TrailET’s roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
- NMC starts probe against doctors over AbbVie-sponsored foreign tripsThe National Medical Commission has launched an investigation into doctors whose foreign trips, funded by AbbVie Healthcare, breached the U...
- Defence ministry sets up apex committee to carry out performance & efficiency auditThe panel comprises vice chiefs of the three services, secretary defence (finance), chief of integrated staff committee, controller general...
- Supreme Court declines Shree Padmanabha Swamy Temple Trust's plea to exempt it from audit of 25 yearsThe Administrative Committee of the Shree Padmanabhaswamy Temple in Kerala had on September 17 told the apex court that it is in great fina...
- Supreme Court concerned over non-utilisation of funds for urban shelterThe apex court on September 13 favoured an audit of the government funds meant for providing shelters to the urban homeless, saying the mon...
- States not spending money meant for urban homeless shelters: Supreme Court"The money is not spent by the states and the sufferers are the homeless people. How can you ensure that the money is spent? It should not ...
- SC to examine claim surrounding Padmanabhaswamy Temple's vaultExperts says the vault should be opened as it has been opened earlier also. It may have more than one chamber, nothing but useless suspicio...
- Rs 1 crore fraud reporting threshold brings clarity for auditors: ICAIThe threshold of Rs 1 crore for reporting any suspected corporate fraud brings in clarity for auditors but might prove to be less for very ...
- Special team led by Vinod Rai takes charge to audit Sree Padmanabhaswamy temple assetsRai, who arrived here on Sunday evening, also held discussions with the five-member temple managing committee appointed by the apex court.
- PIL in HC against appointment of CAG after SC refused hearingFormer Chief Election Commissioner N Gopalaswami and eight other eminent citizens filed a PIL in the Delhi High Court.
- Oil Ministry approves only financial audit of D6 block by CAGOil ministry has accepted Reliance Industries' argument that CAG audit only financial matters of the D6 block, ending months old deadlock.
- Government examining structural changes in CAGGovernment is studying international best practices for bringing structural changes in the country's top audit authority CAG.
- A year later, ICAI holds 4 auditors guilty in Satyam scamThe report suggests that the ministries of finance and commerce, apart from RBI, should examine the procedure of foreign exchange controls....
- ICAI finds ex Satyam CFO, Price Waterhouse auditors guiltyICAI has found 2 top officials of Satyam and 4 auditors of Price Waterhouse prima facie guilty in Rs 7,800-cr fraud case. Key facts on Indi...
- ICAI to serve showcause notice on PwC on Friday or SaturdayICAI will serve showcause notice on PricewaterHouseCoopers (PwC) by tomorrow and ask for a report on the auditing done by it for Satyam Com...
- CAs could be barred for lifetime, if found guilty: ICAIApex chartered accountants institute ICAI has so far barred CAs from practising for a maximum of five years in 41 cases, but may ban those ...
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