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PWC fined Rs 230 crore for Foreign Exchange Management Act violation

An investigation against PwC and its functionaries commenced on the basis of specific input stating that the company had allegedly received huge foreign investments from abroad in the guise of ‘grants’.

Seeking 'accountant' status for company secys is about law interpretation, not calculations: ICSI Prez

​Institute of Company Secretaries of India (ICSI) President Ranjeet Pandey said that company secretaries do not have any intention to become accountants.

Satyam scam: SAT quashes Sebi order of banning PwC for two years from auditing

The Securities and Appellate Tribunal (SAT) on Monday quashed an earlier order of Securities and Exchange Board of India (SEBI) to ban Price Waterhouse, an affiliate firm of PwC India, from auditing listed companies for two years due to its role in Satyam fraud about a decade back.

SAT quashes Sebi order of banning PwC for two years from auditing

SAT ruling went on to add that Sebi in fact has no jurisdiction banning any audit firm.

BSR case: Ministry of Corporate Affairs weighs options to challenge HC order

The development comes a day after the Bombay High Court temporarily stayed the proceedings against KPMG-affiliated audit firm BSR & Associates LLP.

Grant Thornton to carry out forensic audit of RCap units

Lenders want auditor to study intra-group transactions, seek report in 30-45 days

Proceedings against BSR & Associates on hold in IFIN Case

BSR and N Sampath Ganesh, a partner with the firm, had last month filed a case against the government after NCLT allowed its proposed removal as auditors of IL&FS Financial Services (IFIN) for its alleged role in financial irregularities in the firm.

Govt wants auditors to disclose every detail, including adverse comments & observations

The govt is set to notify a new form that will require auditors to file all key findings about companies.

QuEST Global names former KPMG partner, Gregory Smith, to the Board

Alongside this role, Smith will also serve on the audit committee of QuEST Global.

ICAI to open office in Srinagar

This will help serve the areas of J&K, and Ladakh, both of which were recently declared union territories by the government after the abrogation of Article 370 and Article 35A, which gave the formerly unified state of J&K (which included Ladakh) special status .

BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resigned

BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resigned

BSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.

BSR & Co LLF steps down as Ricoh India's statutory auditors

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

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

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

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

Woes pile up for DHFL, Deloitte resigns as auditor

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

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