The Reserve Bank of India on Tuesday banned chartered accountant firm Haribhakti & Co LLP from undertaking any type of audit assignments for regulated entities for a period of two years starting......
The provision requires greater financial disclosures by a certain category of unlisted companies. Illustration: Dominic Xavier/Rediff.com Companies such as Tata Sons and Bharti Telecom, which are......
With auditing under the scanner and two of the Big Four firms stopping non-audit services for audit clients, auditors will now be subjected to a more stringent standard of reporting. Illustration:......
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms.Owing to many alleged auditing lapses, the regulators have......
The proposed tightening of audit and disclosure norms, as mooted by a panel of the stock market regulator, Securities and Exchange Board of India, has evoked a mixed response from companies and......