China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
China dials up scrutiny of Big Four audit firms after Evergrande probe, sources sayChina's Ministry of Finance is intensifying checks on Big Four auditing firms like Deloitte, EY, PwC, KPMG for local companies. Focus on au...
KPMG, Deloitte affiliates hit with US penalties for exam cheatingExam cheating has plagued the auditor industry for years. KPMG in 2019 agreed to pay $50 million to the U.S. Securities and Exchange Commis...
NFRA seeks e-locker for auditors to keep digital docs safeThe National Financial Reporting Authority (NFRA) has been working to implement a mechanism for auditors which could help them to keep thei...
UK seeks to rein in Big Four with new, revamped audit rulesThe widely awaited overhaul comes after lawmakers and practitioners promised to improve audit quality following a series of high-profile mi...
KPMG faces $18 million misconduct fine for misleading regulatorThe tribunal found five former KPMG employees guilty of misconduct during a routine FRC inspection of a Regenersis audit to end-June 2014 a...
KPMG's forensic boss not amused by the fraud that has India's banking sector in shockKPMG’s analysis reveals that the modus operandi of stealing assets and manipulating accounts remains common to financial criminals across g...
KPMG and IBM Watson tie up with a focus on audit servicesConsultancy KPMG and IBM said that IBM's Watson cognitive computing technology would be used by KPMG, with a focus on auditing services.
KPMG reports says mobile banking users to double globally in next four yearsThe Global Mobile Banking Report 2015 claims that adoption of mobile technologies for banking has reached 60-70% of the total banking popul...
Mobile banking users to double globally within 4 years: KPMGA report published by KPMG in association with UBS Evidence Lab has claimed that the users of mobile banking globally would double within t...
Budget 2015 focuses on ease of doing business in India: Richard Rekhy, KPMG in IndiaAccording to Rekhy, the focus is on Ease of Doing Business in India and increased infrastructure spend.
Budget 2015 a fine balancing act: Girish Vanvari, KPMG in IndiaBudget 2015 comes in the backdrop of strong domestic macroeconomic fundamentals and soaring expectations, said Vanvari.
Changing regulatory landscape biggest challenge: KPMGAccording to the survey by KPMG in India, a large majority of those surveyed (90%) believe that changing regulatory landscape is the bigges...
- SAIL initiates steps to hone managerial skill at senior level
SAIL has initiated steps to hone up leadership skills of its senior management team, upward from the general manager level.
- Audit firms like Pricewaterhouse, KPMG, Deloitte involved in scams face heavy fines
Jail up to 10 years and fines up to three times the scam amount await chartered accountants and audit firms found guilty in corporate fraud...
- Goafest gets KPMG to re-verify creative Abby winners
As agencies across the country flock to Goa to celebrate Indian advertising, campaigns entered by agencies that are winning at the Creative...
- Camlin looks to sell arm's pharma business
Camlin, the maker of a popular range of stationery products, is exploring options to sell the pharmaceutical businesses of subsidiary Camli...