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NFRA urges Delhi HC to lift stay on 2020 orders against IFIN ex-auditors

In 2020, NFRA had imposed a seven-year ban and a penalty of ₹25 lakh on Udayan Sen, former chief of Deloitte Haskins and Sells LLP that conducted the statutory audit of IFIN for 2017-18. It had also banned auditors Rukshad Daruvala and Shrenik Baid of Deloitte Haskins for five years and imposed penalty of ₹15 lakh each on them. ....

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KPMG India in a Million Dollar Settlement with a US Regulator and Not Even a Ripple in India

KPMG India settled a proceeding before the US Public Company Accounting Oversight Board (PCAOB) on 6 December 2022; but there is barely any coverage by the Indian media. PCAOB, which audits public companies, ....

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