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THORNTON BDO
Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...- 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...
- NFRA inspection reports of 10 audit firms by March-endIndia's financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Find...
- BDO India in talks with private equity companies to raise growth capitalBDO India is in talks with private equity firms to secure growth funding. This move follows Grant Thornton Bharat's similar pursuit. BDO In...
- Professional services firms seek PE money to expand as scale becomes a necessityGrant Thornton Bharat is in discussions with multiple funds to secure private equity, mirroring a global trend in professional services. Fi...
- Books & marks: India Inc prefers the Big 6 for auditBig Six audit firms like Deloitte, PwC, and EY handle most audits for top Indian companies. EY leads with the most mandates. Grant Thornton...
- Professional services companies add record partners as business boomsThe professional services sector in India is experiencing significant growth, with top firms collectively amassing over 3,300 partners. EY ...
- Mazars to enter consulting, advisory business in IndiaAs per the Indian regulations, multinationals cannot directly audit Indian companies. So, they operate in the country through affiliate fir...
- IL&FS may select Grant Thornton for forensic probeET had reported on November 1 that IL&FS had shortlisted Grant Thornton and BDO for the forensic assignment.
- 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.
- Consultancies choose are extending the insurance period for partnersAccounting firms are extending the insurance cover for partners and their teams working on insolvency proceedings for about 90 additional d...
- BDO reaches an out-of-court deal with Bhushan, Jyoti IRPsThe IRPs would complete the debt resolution proceedings at the two companies even though they have resigned from BDO.
- BDO takes IRPs of Bhushan Power, Jyoti Structures to courtThe interim resolution professionals had resigned from the Belgian company’s arm as partners in January to join rival PwC.
- 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...
- Insolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companiesFirms on their part are trying to handle the situation. In some instances, bodyguards have been provided to the partners acting as resoluti...
- Audit firms may see increased poaching beginning April this yearIndustry experts say that many firms may not have expert partners and executives that can execute a particular audit, even if they win it.
- BDO poaches 40 partners, 400 executives from its competitorsThe company has roped in partners and senior executives from not only competitors such as Grant Thornton, Baker Tilly and law firm ELP, but...
- Government sets up expert group to look into auditing industryAlthough Indian firms audit slightly more than 60% of ET 500 companies, there has been a perceptible shift towards the multinational firms,...
- Seven partners with 80 of their members left BDO to pursue their own practiceThis comes at a time when auditing and taxation in the country is heating up and many firms are looking at mergers and acquisitions to incr...
- M&A buzz in auditing as new Companies Act makes smaller firms takeover targetsFirms such as Grant Thornton and BDO, which have significant presence in India auditing space, are actively looking for buyouts and mergers...
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