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Consultancy / Audit

Aug 20, 2019, 07.31 AM IST
The Economic Times
11,053.906.1
Stock Analysis, IPO, Mutual Funds, Bonds & More
BSR & Co LLF steps down as Ricoh India's statutory auditors

BSR & Co LLF had been appointed as statutory auditors of Ricoh (lndia) following shareholders' nod on September 24, 2015 to hold office for a period of five consecutive years.

EY and other audit firms also under lens

Official sources told ET that EY jointly audited ITNL along with Deloitte Haskins and Sells (DHS) in FY17. After that date, EY has been the firm’s auditor.

Reliance Capital plans to file Rs 10,000 crore defamation suit against PwC

Some shareholders of Reliance Group are mulling action against the auditor for eroding their investments.

View: The Big Four are an asset to India

Any restriction on the Big 4 could have a serious impact both on equity and debt flows into the country.

Woes pile up for DHFL, Deloitte resigns as auditor

The audit firm found significant deficiencies in the grant and rollover of inter-corporate deposits.

BSR & Co resigns as auditor of two Reliance group companies

The auditors had raised questions around corporate deposits and related party transactions in Reliance Infrastructure in the June quarter results.

IL&FS Scam: We have the jurisdiction to ban you, NCLT tells Deloitte, KPMG

The ministry had in June moved NCLT seeking a five-year ban on them on these auditors in the IL&FS saga.

ICAI wants Sebi to review proposed norms for auditor resignations

Institute of Chartered Accountants of India (ICAI) is readying a submission for Sebi in next two days asking the proposed norms about auditor resignations be reconsidered.

Government asks NCLT to freeze assets of IL&FS unit’s former auditor

Government’s counsel has asked the NCLT to pass an order to freeze accounts of former auditors.

Mazars to enter consulting, advisory business in India

As per the Indian regulations, multinationals cannot directly audit Indian companies. So, they operate in the country through affiliate firms.

Inter-company deposit anomalies, lack of transparency at DHFL: Deloitte

Inter-company deposit anomalies, lack of transparency at DHFL: Deloitte

Deloitte quits after doubts over grant, rollover of inter-company deposits; questions DHFL at board meet too

Deloitte quits as auditor of crisis-hit DHFL

Deloitte quits as auditor of crisis-hit DHFL

Cash-strapped DHFL sits on a debt pile of Rs 90,000 crore and has defaulted on its various repayment obligations in a serial manner in the recent past.

In relief for auditors, NCLT stays order of impleadment

In relief for auditors, NCLT stays order of impleadment

The Centre is looking to clamp down on Deloitte and BSR, a KPMG network firm, for alleged lapses on their part in auditing the accounts of IFIN.

Icra, Care question Grant Thornton's report on IL&FS

Icra, Care question Grant Thornton's report on IL&FS

Separately, another credit rating firm Icra has said the report "ignores" the alleged fraud perpetrated by former IL&FS management.

India Ratings defends rating process; says Fitch Singapore executive no longer employed

India Ratings defends rating process; says Fitch Singapore executive no longer employed

It says that its ratings for IL&FS group entities followed a robust and transparent analysis of relevant information.

IL&FS case: Ratings were allegedly doctored by agencies, says Grant Thornton

IL&FS case: Ratings were allegedly doctored by agencies, says Grant Thornton

Grant Thornton in its report pinpoints a Real Madrid match, property deal and contribution to a trust.

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