The National Financial Reporting Authority (NFRA) has fined three entities, including two individual auditors, a total of Rs 1.10 crore for...

Transparent political funding will remove the pressure on industry to build war chests with funds diverted from loans.

According to the police, Rakesh and Sarang Wadhawan of real estate firm HDIL, who are among the accused in the case, had allegedly tampered...

It has set a November 22 deadline for telecom companies to engage any one of the 12 empanelled auditors for certifying their metering and b...

In the wake of the scam, the biggest in the country's banking sector, the ICAI had set up a high powered group to study the issues in PNB m...

While a private sector bank would have one or two auditors, the number runs into hundreds for state-run lenders.

The Ministry of Rural Development is collaborating with TISS to form a curriculum for a one-month training programme for existing and new b...

The Reserve Bank of India has asked concurrent auditors of commercial banks to do to submit their review of non-performing loans directly t...

The Reserve Bank said the concurrent audit at bank branches should cover at least half of their advances and deposits.

The regulations were aimed to minimise incidences of billing complaints and seeks to protect the interest of consumers, TRAI had said.

The consultant would also evaluate the performance of new fund managers and appoint a custodian and concurrent auditor for the EPFO.

Reserve Bank of India told banks to do legal audit and re-verification of title deeds of loans above Rs 5 crore to check fraud.

The rural development ministry is proposing to put in place a system to assess the effectiveness of welfare schemes even as they are implem...

With leakages, delays, and uneven implementation of welfare schemes like NREGA, blunting benefits to the poor, the rural development minist...

After the Satyam scam, cos across industries outsource internal audit work to external firms for transparency. 10 New Year resolutions for ...

Reliance Industries has told the government that it is "ready and open" to scrutiny by any of its agencies, including CAG, for the expendit...

Sebi’s crackdown on depositories in the aftermath of the IPO scam has led to the latter tightening their internal audit mechanisms.