Searched for
AUDIT ROTATION
Audit rotation boom puts Big Four under sharper scrutinyIndia’s audit rotation cycle is prompting companies to scrutinise prospective auditors far beyond credentials, examining team stability, se...
Ashok Leyland: A stronger balance sheet inside a business that will always remain cyclicalQuarterly numbers tell you what happened. But they do not always tell you why it happened. In commercial vehicles, demand can change becaus...
Ram temple donations pilfered during counting process, 105 instances caught on CCTV: SITA Special Investigation Team has unveiled a significant case of embezzlement involving donations meant for the Ram temple in Ayodhya. The i...
Horoscope Tomorrow, 25 September 2026: What Will Friday Bring for Your Career, Money, Love and Health? Check Your Zodiac PredictionHoroscope tomorrow, September 25, 2026, points to a practical day for career decisions, financial planning, relationships and health. As Ga...
Trump's pressure on NATO is reshaping Europe's defences. Will it break the alliance?European nations are increasing defence spending and exploring alternatives to American military technology. This shift is happening as dou...
ET Prime Special Series: Multibagger or IBC - Part 76: Exports are 30%, one customer is 28%, and EV story is still at the starting lineSeventy-six weeks,76 auto ancillary companies. This week, we turn to another legacy supplier that has spent decades building precision-manu...
Satya Niketan building collapse: 12 rescued, 7 dead; NDRF says no specific figure on trapped peopleTwelve people were rescued from the Satya Niketan building collapse site. Seven individuals have tragically lost their lives in the inciden...
Plea in SC challenges Manan Kumar Mishra's decade-long tenure as BCI Chairman, seeks removalA Supreme Court petition challenges the Bar Council of India Chairman's prolonged tenure. The plea argues his decade-long leadership violat...
ET Prime Special Series: Multibagger or IBC - Part 69: Can new businesses bridge the gap before EVs reshape the core?This old auto ancillary manufacturer has integrated plants, a long operating history, and stable group ownership. FY26 brought higher reven...
Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
Books & marks: India Inc prefers the Big 6 for auditBig Six audit firms like Deloitte, PwC, and EY handle most audits for top Indian companies. EY leads with the most mandates. Grant Thornton...
Audit rotation kicks off. Who will bag India Inc's big mandates?Between 2018 and 2023, audit fees for FTSE 250 companies rose by 75%, reflecting rising costs and complexity. In contrast, India's NSE 500 ...
Manpasand decoded: 30 auditors resigned from Indian companies this yearAfter the companies law mandated audit rotation ended, audit firms are parsing through client portfolio and weeding out risky clients.
Who will audit the auditors asks IiAS in a research reportIndian companies are required to choose a new auditor by March end as part of audit rotation. The companies are required to form audit comm...
‘PwC is no.1 in trust among the big four, even after the Satyam fiasco’"Satyam was a big blow when it happened to us eight years back. What’s far more important is what we did within those eight years to win ba...
Compulsory rotation, likely direct entry of foreign MNCs spell bad times for Indian auditorsThe growing gap between the MAFs and Indian firms will potentially widen further when the audit rotation and direct entry of MNC audit firm...
Audit rotation to make big networks like EY, Deloitte, PwC and KPMG lose their biggest clientsThe new era of auditing will test leader Deloitte's resilience, EY's market might, PwC's brand strength, and youngest player KPMG's aggress...
"Auditor rotation will enhance our footprint", says Deloitte's N VenkatramWe never use quality in isolation; we use two words together, integrity and quality. Looking at quality in isolation can sometimes be misle...
- Companies Bill: Rotate audit partners not firms
The Companies Bill proposes a national board. It proposes civil and criminal liability on erring auditors, accounts officers and directors.
- Has Satyam scandal forced Companies Bill to go overboard on regulation?
The question is whether mandatory rotation of auditors, with rotation of audit partner and team would improve quality of the financial stat...