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Supreme Court upholds NCLAT order against errant auditors

India Business News: SC upheld NCLAT's NFRA order against auditors, including Sam Varghese. The ruling strengthens NFRA's position in handling fraud cases and professional

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SEBI imposes penalties on Prabhu Steel Industries, three others, ET RealEstate

Sebi has slapped penalties totalling Rs 12 lakh on Prabhu Steel Industries Ltd (PSIL), its promoters including Harish Gangaram Agarwal, Dinesh Gangaram Agarwal and Akshita Harish Agarwal for flouting regulatory norms.

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Sebi slaps Rs 12 lakh penalty on Prabhu Steel Industries, 3 others

Sebi received a Financial Reporting Quality Review Report (FRQRR) from National Financial Reporting Authority in the matter of PSIL on February 14, 2022, wherein it noted serious lapses with respect to accounting and auditing standards of the company.

Harish-gangaram-agarwal , Akshita-harish-agarwal , Asha-shetty , Dinesh-gangaram-agarwal , National-financial-reporting-authority , Prabhu-steel-industries-ltd , Financial-reporting-quality-review-report , Securities-contracts , Key-managerial-personnel , Adjudicating-officer-asha-shetty , Sebi , Sebi-penalty

Morning Brief Podcast: Is India's audit profession at a point of inflection? The challenges and the future

India's audit profession is at a critical juncture. From risks rising for auditors, increased public scrutiny, audit fees becoming a bone of contention and a decline in students pursuing Chartered Accountancy.. the list of challenges galore. However, the National Financial Reporting Authority (NFRA) is driving positive change, and the demand for specialized forensic audits is growing. Host Kiran Somvanshi explores the challenges and the rewards of this profession with Vishesh Chandiok, CEO - Grant Thornton Bharat LLP. They also discuss the impact of new technologies that are revolutionizing the field and whether a career as a Chartered Accountant is still worth it? Tune in to the latest episode of The Morning Brief podcast!

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For India to have global-sized audit firms, regulations must change: Grant Thornton Bharat CEO

For India to have global-sized audit firms, regulations must change: Grant Thornton Bharat CEO
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Found gross negligence by Byju's auditors: ICAI president

ICAI found gross negligence by auditors of Byju's. FRRB will review the conduct of auditors and take appropriate action. RBI barred Paytm Payments Bank from business. Byju Raveendran was removed from the board of Byju's.

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Top auditors stop offering non-audit work, Real Estate News, ET RealEstate

Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients.

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audit firms: Top auditors stop offering non-audit work to clients

Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients. This move aligns with the NFRA's strict stance on conflict-of-interest issues. EY affiliate SR Batliboi & Co is the only top firm still providing such services. This change comes amid global pressure for auditors to maintain independence and avoid conflicts of interest. The NFRA's regulations apply to Indian companies meeting certain thresholds.

India , Big-four , Ajay-bhushan-pandey , Sudhir-soni , Sr-batliboi-co , National-financial-reporting-authority , Deloitte , Pricewaterhousecoopers , Institute-of-chartered-accountants-india , Grant-thornton , Companies-act , Auditors-stop-offering-non-audit-work

Regulatory reform after polls for ease of doing business

The government has set up groups of officials to look into proposed regulatory changes and sought suggestions from bodies representing chartered accountants of India and company secretaries

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Regulatory Reforms On The Anvil To Make It Easier To Do Business, Improve Governance

Regulatory Reforms On The Anvil To Make It Easier To Do Business, Improve Governance
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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