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GT AUDIT
IndusInd mystery: Now missing beats in 'Calypso' under scrutinyGrant Thornton is investigating IndusInd Bank's treasury transactions, focusing on whether 'internal hedges' were properly recorded in the ...21 Apr, 2025, 01.01 AM IST- IndusInd had roped in KPMG and EY in early 2024 for treasury reviewIndusInd Bank's 2024 review by KPMG and EY highlighted discrepancies in treasury and derivatives accounting. Following a sharp 27% stock dr...04 Apr, 2025, 11.17 AM IST
- Audit norms becoming stringent across Asia: Grant Thornton ExecutivesAsian regulators are tightening audit standards to boost investor confidence. Korea now designates auditors for struggling firms to prevent...04 Mar, 2025, 10.05 AM IST
- NFRA flags audit lapses by Walker Chandiok, releases inspection reportThe National Financial Reporting Authority (NFRA) has issued an inspection report on audit firm Walker Chandiok & Co LLP (WCCL), highlighti...29 Dec, 2023, 10.00 PM IST
- Big 4 affiliate firms continue to lead audit business in IndiaIn India, the Big Four firms conduct their audit business through affiliate firms. The EY group has emerged as the market leader with 153 m...19 Nov, 2022, 12.11 AM IST
- Grant Thornton audit unearths fraudulent practices at IL&FS CoSome email exchanges between officials revealed that certain estimates about project viability were given to investors that the top executi...29 May, 2021, 08.00 AM IST
- Lenders give clean chit to Reliance Commercial Finance as GT audit finds no fraudAs per the report, of the total consolidated debt owed to banks, RCFL accounted for Rs 11,620 crore, Reliance Home Finance Ltd (RHFL) Rs 7,...28 Sep, 2020, 10.34 PM IST
- Govt-owned NABARD gives clean chit to Reliance Commercial FinanceNABARD is a part of the consortium of lenders and is signatory to an Inter Creditor Agreement (ICA) executed between the lenders of RCF und...28 Sep, 2020, 04.35 PM IST
- Financial regulatory authority cites social media posts to blow a hole in the defence put up by the Big Four in IL&FS caseNational Financial Regulatory Authority (NFRA) in a recent report on IL&FS Financial Services Ltd (IFIN) even posted screenshots of social ...27 Aug, 2020, 04.54 PM IST
- Probe against 77 netas hits audit hurdleBoth Mumbai Police and the Enforcement Directorate (ED) are are probing allegations pertaining to loans sanctioned by MSC Bank and investig...24 Nov, 2019, 11.47 PM IST
- IL&FS hires Grant Thornton to review booksSFIO had, in January, signed up a forensic auditing firm to help in the investigation, an official in the know of the development told ET.07 Feb, 2019, 07.47 AM IST
- IL&FS may hire auditor to check 5 years’ accountsThe reopening of books could also pose questions on the auditors, insiders said.26 Jan, 2019, 03.34 PM IST
- IL&FS shortlists BDO, Grant Thornton as auditorsThe board of directors of IL&FS is set to take a final decision on the forensic auditor within one week, one of the persons told ET.01 Nov, 2018, 07.41 AM IST
- Grant Thornton poaches 70 tech executivesGrant Thornton has poached five partners and 65 professionals from various technology companies and other firms to start its digital techno...29 Oct, 2017, 11.29 PM IST
- We will win work from Big Four: Ed Nusbaum, CEO, Grant ThorntonIf you look at the size of the audit the Big Four are not growing any faster, in fact within the US for example, our audit practice is grow...26 Aug, 2016, 04.28 AM IST
- Grant Thornton acquires tax services business of Bengaluru-based RMC GlobalAround 26 people, including two partners, would be joining GT, which has about 150 partners, directors and a total team of 3,000 people in ...06 Jun, 2016, 11.37 AM IST
- SEC penalises Grant Thornton India for violations of auditor independence rules with regard to Mauritius-based firmsWithout admitting or denying the findings, both entities have agreed to cease and desist from future violations. However, the names of the ...01 Oct, 2015, 11.20 PM IST
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