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COMPANY AUDITS
Government may let statutory bodies to regulate members in multidisciplinary partnershipsThe government is considering allowing professional bodies to regulate their members within multidisciplinary partnerships. This approach w...
Thomson Reuters to sell 51% stake in global print business to KKR for $500 millionThomson Reuters plans to divest its majority stake in the Global Print business to KKR, enabling a renewed focus on core operations. Set to...
KPMG Australia weighs 1,000 job cuts amid audit scandalKPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The com...
InsuranceDekho targets Rs 2,500-3,000 crore IPO, plans September filingThe Gurgaon-based insurance distribution platform is targeting a listing by March 2027 and is eyeing a valuation of around Rs 9,500 crore, ...
10 major changes in ITR forms for AY 2026-2027 that you must know before filing ITRNew Income Tax Return forms for AY 2026-2027 introduce significant reporting changes. Taxpayers must now report futures and options trading...
GST Tax officer can allege fraud first and prove it later, Rules Madras High Court; Why this matters to every taxpayerGST officers can now issue fraud notices with a reasonable basis. Proof of fraud is not required at the initial notice stage. Businesses mu...
Stocks in news: DMart, HCL Tech, ICICI Pru AMC, Dr Reddy’s, NTPC, IndiGoMarkets saw a strong rebound on Friday, driven by global cues and IT earnings. HCL Tech and ICICI Pru AMC will announce their first quarter...
SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
India set to play larger role in building global fintech infrastructure, says PayoneerIndia's position as the world's third-largest fintech ecosystem is now translating into a larger platform-building role. Global financial t...
IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violationsIndiGo's parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident oc...
The hidden cost of low audit fees: A risk investors cannot ignoreIndian audit fees for listed companies have lagged behind company growth significantly. This under-pricing compromises audit quality and au...
US cyber agency is using Anthropic's Mythos to audit government code, sources sayThe Cybersecurity and Infrastructure Security Agency is using Mythos to scan government code repositories for bugs that could leave the doo...
AI-driven governance essential for detecting fraud, managing high financial data volatility: ExpertsIndustry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial reporting and c...
NFRA begins probe into Rajesh Exports revenue misstatement caseThe National Financial Reporting Authority is investigating Rajesh Exports for revenue misstatements. NFRA chairperson Nitin Gupta stressed...
US cyber agency is using Anthropic's Mythos to audit government code, sources sayThe US cyber defense agency CISA is using Anthropic's AI model Mythos for software audits. This initiative aims to find bugs that could be ...
Supreme Court halts CAG audit of Delhi power discomsThe Supreme Court has put a temporary halt on the CAG's audit of Delhi's three private power distribution companies. Additionally, it order...
SC halts Delhi government's CAG audit of private discomsThe Supreme Court has put a hold on a CAG audit of three private power discoms in Delhi, a move initiated by the Delhi government concernin...