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AUDIT INDEPENDENCE GUIDELINES
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...- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
- Reply to plea seeking compliance with recommendations of disability commissions: Supreme Court notice to CentreThe Supreme Court has asked the Centre for its response on a plea seeking guidelines for timely compliance with recommendations from disabi...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
- TV news TRP pause accepted by stakeholders, no objections so far: L MuruganIn an order dated March 6, it noted that amid the Israel-Iran conflict, certain news channels were displaying “unwarranted sensationalism a...
- MIB revamps decade-old TV ratings system, expands scope, tightens normsIndia's TV audience measurement system is set for a major overhaul. New rules mandate tracking viewership across all screens, including OTT...
- Flipkart completes self-audit on dark patterns; says aligned to CCPA guidelinesThe group, which includes Flipkart, Myntra, Flipkart Wholesale, and Cleartrip, affirmed its commitment to ensuring that its customers are t...
- ICAI notifies rules to limit annual tax audits to 60 per partnerTo discourage audit assignment concentration among senior partners and curb anti-competitive practices, the Institute of Chartered Accounta...
- Max 60 tax audits per partner likely: ICAIFrom fiscal year 2027, a partner in an accounting firm can conduct a maximum of 60 tax audits annually. Charanjot Singh Nanda, president of...
- NFRA issues guidelines on audit quality inspectionThe inspection guidelines are based on recommendations of the International Forum for Independent Audit Regulators (IFIAR), which comprise ...
- Guidelines on auditors to help streamline appointments: RBI“These guidelines will also help in streamlining the procedure for appointment of statutory auditors across all the regulated entities and ...
- New audit rules aimed at ensuring auditor independence: RBIIn April the banking regulator had issued new norms that tightened appointment of auditors and capped the numbers based on the asset size o...
- Govt to institutionalise social audits in major rural development schemesThe govt has started work on social audits with National Social Assistance Programme & PMAY-Gramin scheme.
- Sebi asks mutual funds to set up committee to review cyber securitySebi came out with revised guidelines for system audit to be conducted by mutual funds and asset management companies (AMCs).
- Sebi comes up with system audit framework for AMCs/MFs, asks to form technology committeeThe guidelines come after "considering the importance of system audit in technology driven asset management activity and to enhance and sta...
- PSUs fare poorly in corporate governance: StudySome state-owned companies have violated guidelines related to board independence, appointment of audit, nomination and corporate social re...
- CAG flags violation in directors' appointment by fertiliser PSUsAs per DPE guidelines, at least one-third board members of Central Public Sector Enterprises should comprise of independent directors.
- Split offices of chairman, CEO, govt tells India IncIn a bid to strengthen corporate governance across India Inc, the government on Monday came out with a set of voluntary guidelines for the ...
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