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AUDIT DISCIPLINARY ACTIONS
Baramati plane crash reason: Why did the Redbird Flight aircraft crash near the spot where Ajit Pawar died?A trainer aircraft operated by Redbird Flight Training Academy crash-landed near Baramati airstrip on Wednesday morning. The aircraft devel...- 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...
- South Korea Air Force apologises for 2021 fighter jet mid-air collision during training flightSouth Korea's air force has apologized for a 2021 mid-air collision involving two fighter jets. Auditors revealed pilots were taking selfie...
- ICAI imposes record disciplinary actions on chartered accountants: 241 punishments this FYThe Institute of Chartered Accountants of India disciplined 241 chartered accountants this financial year, a significant increase from 119 ...
- SC seeks response from MCA on NFRA appeal over quashed show-cause notices to auditorsThe Supreme Court sought responses regarding an appeal by the NFRA against a Delhi High Court decision that quashed show-cause notices to a...
- ICAI disciplinary panel overlooks stay to pass order against 2 partners of PwC armsDespite a Delhi High Court stay, the Institute of Chartered Accountants of India (ICAI) has published orders penalizing two PwC affiliate p...
- 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 ...
- Chartered Accountancy Bill: Proposal to have non-CAs in ICAI panel irks fraternityThe rejig in composition changes the power equation in favour of non-CAs in the committee which oversees the complaints and enquiries relat...
- Punished auditors involved in Satyam case; no powers to act against CA firms: ICAIOn Wednesday, Sebi imposed a two-year ban on Price Waterhouse network entities from issuing audit certificates to any listed company in Ind...
- Violations among auditors more of an 'exception': ICAI PrezInstances of violations committed by auditors are more of an "exception" and strict action is initiated against those found flouting the no...
- ICAI says members' involvement in Satyam scam an 'aberration'In the wake of the scam, the Institute of Chartered Accountants of India (ICAI) had initiated disciplinary action against six of its member...
- Ex Satyam CFO, Price Waterhouse auditors guilty: ICAIICAI has found 2 top officials of Satyam and 4 auditors of Price Waterhouse prima facie guilty in Rs 7,800-cr fraud case.
- Accountants finally get a hearing aid for appealsChartered accountants, company secretaries and cost accountants facing disciplinary action from their professional regulators can now appea...
- Now, Focus on improving audit qualityAuditors shouldn't delay in finalisation of a/c & raise auditing cost heavily.
- Price Waterhouse partner found guilty in GTB casePrice Waterhouse partner S Gopalakrishnan, currently under arrest for his alleged role in fudging the books of Satyam Computer Services, ha...
- PW's Gopalakrishnan, two auditors found guilty in GTB casePrice Waterhouse partner S Gopalakrishnan alongwith two others has been found guilty of 'professional misconduct' in auditing the books of ...
- PwC partners found guilty of professional misconductPrice Waterhouse partner S Gopalakrishnan, currently under arrest for his alleged role in fudging the books of Satyam Computer Services, al...
- US auditor also slipped on Satyam accountsIt looks like even the auditors' auditor, Public Company Accounting Oversight Board, missed the gigantic fraud in Satyam Computers. Satyam'...
- 'ICAI can cancel licence'Institute of Chartered Accountants of India has the power to strip an audit firm of its licence if there is sufficient proof of extensive w...
- KYC:NSDL puts DPs on noticeClose on the heels of introducing daily concurrent audits and strengthening its internal audit norms, the National Securities Depositories ...
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