US financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...

In Los Angeles, concerned parents last year formed a group, Schools Beyond Screens, and pressured the district by speaking out at school bo...

Mumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...

Amortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...

Acquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...

The Institute of Chartered Accountants of India is set to significantly update its Code of Ethics. New rules will allow auditors and their ...

ICAI will penalize CAs violating new tax audit limits from April 2026, aiming to prevent audit assignment concentration. It partnered with ...

To discourage audit assignment concentration among senior partners and curb anti-competitive practices, the Institute of Chartered Accounta...

ICAI will implement new guidelines from April 2026, limiting each partner in accounting firms to a maximum of 60 tax audits annually. This ...

From fiscal year 2027, a partner in an accounting firm can conduct a maximum of 60 tax audits annually. Charanjot Singh Nanda, president of...

Markets regulator Sebi on Friday introduced a standardised format for system and network audit reports of market infrastructure institution...

IIFL Finance Share Price: IIFL Finance shares surged 12.3% after the Reserve Bank of India lifted restrictions on its gold loan business. T...

As per Prime Database, more than 30 auditors have already rotated out from their assignments citing the RBI guidelines and multiple auditor...

Sebi has sought public comments to the proposals by August 8.

The RBI said that Batliboi has been banned due to “lapses identified in a statutory audit assignment carried out by the firm,” without givi...

After the companies law mandated audit rotation ended, audit firms are parsing through client portfolio and weeding out risky clients.

No single corporate client or group should account for more than a tenth of the total revenues of any audit firm and its associates, a comm...