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PEER REVIEW FOR AUDITORS
ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...- ICAI defers peer review requirement for auditors of state-run bank branches by a yearThe Institute of Chartered Accountants of India has deferred the peer review requirement for auditors of state-run bank branches by one yea...
- Peer review of auditors of large unlisted firms must from AprilThe Institute of Chartered Accountants of India (ICAI) will make the peer review mechanism mandatory for the auditors of large unlisted fir...
- Peer review of larger unlisted companies must from July: ICAI PresidentAmid the auditors' role coming under scrutiny, ICAI's newly elected President Aniket Talati on Thursday said auditors are not expected to l...
- Restrained by COVID-19: Auditors ask management to confirm certain sales, debt, physical verification of inventoryAuditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders...
- Companies Bill, 2012: Will auditors become a vanishing breed?Government has conveniently forgotten the role of auditors, even when it tom-toms that the new Bill seeks to ensure better enforcement of a...
- Ex-auditors defend Vinod Rai, attack govt & CongressA group of retired government auditors, officers of the Indian Audits and Accounts Service came out in support of CAG Vinod Rai.
- Auditors' selection process irks ICAIICAI is opposed to the tendering process of selecting accountants for auditing state-run schemes and has taken up the issue with the Planni...
- ICAI favours peer review of social schemesThe audits of government schemes like the national rural employment guarantee act by professional auditors will be subject to peer review, ...
- Less smoke & mirrorsSebi's amendments to listing agreement will boost transparency.
- Banks may’ve to share client info with auditorsBanking and market regulators are considering a proposal authorising auditors to directly verify financial information of their clients wit...
- Listed cos to be audited only by those peer-reviewed by ICAIAccounting regulator ICAI on Thursday said all listed companies would be audited by only those who have been certified by the Peer Review B...
- Now, Focus on improving audit qualityAuditors shouldn't delay in finalisation of a/c & raise auditing cost heavily.
- Peer review of audit reports gets rollingSEBI has set up a panel of audit firms to review the working papers of statutory auditors of Sensex and Nifty companies for FY08 and for th...
- SOX Appeal: Accounting firms may get a watchdogSceptical of ICAI effectiveness, govt wants an independent regulatory body on the lines of the Public Company Accounting Oversight Board (P...
- Relook at audited a/cs: A hard task for SEBIIf the peer review of Nifty 50 and BSE Sensex shows that the books of India Inc are in good shape, it would be a booster.
- Relook at audited a/cs: A hard task for SEBIAfter Satyam unravelled, SEBI will empanel auditors who will carry out peer review audit of all cos that constitute the Nifty 50 and BSE Se...
- Satyam fallout: More companies to come under peer reviewFirms with multiple subsidiaries or companies whose shares have risen abnormally just before the announcement of results could be subjected...
- Anil Ambani supports SEBI's peer review plansR-ADAG chairman Anil Ambani has supported SEBI’s move to subject the accounting standards of all Nifty and Sensex companies to a peer revie...
- A tough faze for auditors of listed cosICAI has made it clear for CA firms engaged in statutory audit of listed cos to undergo a rigorous review.
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