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Total 20 results found. Search for [ Auditor rotation ]

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June 4, 2019

February 16, 2019
On January 29, the ICAI issued a clarification on the applicability of rotation of auditors under the Companies Act, 2013.

February 15, 2019

Anand Adhikari
New Delhi, October 15, 2018
The government has brought in a new board to rescue crisis-ridden IL&FS. What can it do quickly to prevent further damage?

Anand Adhikari
New Delhi, March 5, 2018
Steps that government, regulators and banks need to take to make the banking system more competitive, efficient and less fraud-prone.
January 12, 2018
Speaking at the Foundation Day of the Institute of Chartered Accountants in India (ICAI), Prime Minister Narendra Modi got desi auditors dreaming of good times when he added that \"By 2022, let us have a Big 8, where four firms are Indian.\"

Niti Kiran
September 19, 2016
According to  Pranav Haldea, Managing Director of PRIME Database, \"Changes were made in as many as 178 NSE-listed companies from FY15 to FY16 and in 152 companies from FY16 to FY17\". The analysis is based on auditors in all 1,520 NSE listed companies for the financial year 2015/16.

Dipak Mondal
July 19, 2016
Only 18 per cent Indian companies are prepared to rotate by 1 April 2017 auditors who have completed 10 years or more as required under the Companies Act 2013, a survey by Grant Thornton and Prime Database says.

New Delhi, June 8, 2015
As part of its ongoing efforts to improve ease of doing business in the country, the Corporate Affairs Ministry has notified changes that further ease compliance requirements for private, government, charitable and nidhi companies.

Goutam Das
March 24, 2015
Grant Thornton Global CEO Ed Nusbaum spoke with Business Today on his recent visit to India about the company's growing business in and learnings from India.

Tina Edwin
Delhi, June 5, 2014
In its zeal to prevent fraud, the new Companies Act has made normal corporate functioning near-impossible, feels industry. It's everyday operational issues that are raising anxiety levels of promoters, professional managers and their legal teams and auditors.

Manu Kaushik
May 19, 2014
The new Companies Act has made it mandatory (for companies) to rotate their audit firms every five years.

Manu Kaushik
May 21, 2014
\"The onus of detecting fraud lies with internal auditors, company board, audit committee and external auditors,\" says Y.H. Malegam, a former president of the ICAI. \"It is wrong to put the entire onus on an external auditor,\" he says.

Tina Edwin
April 15, 2014
The implications of the section in the new Companies Act which makes it mandatory for companies to rotate their auditors every few years.

Anuradha Shukla
New Delhi, November 28, 2011
The Minister for Corporate Affairs Veerappa Moily is set to meet representatives of India Inc to sort out differences over the finer points of the new Bill. The Bill has many new provisions like compulsory contribution of 2 per cent of profit to corporate social responsibility activities and stricter roles for auditors.
March 3, 2011
Edward E. Nusbaum is CEO of Grant Thornton International, the fifth-largest audit and accounting firm in the world.

Suman Layak
November 15, 2010
Read what businessmen and policymakers have to say at the India Economic Summit 2010.

Suman Layak & Puja Mehra
February 5, 2009
Business Today takes a peek into the inscrutable Indian operations of the global Big Four. Do they deserve the flak they’ve come in for in the wake of the Satyam fraud? Yes and no. Suman Layak & Puja Mehra go into the details. The big 4Big cheese Vs small frySome don’t like it bigThe problem withinThe bloodhounds of bookkeeping

Puja Mehra
January 22, 2009
Was Ramalinga Raju’s fraud planned to beat audits or were Satyam’s auditors plainly ineffective? Is the auditing system independent and robust enough?

Shalini S. Dagar
February 20, 2008
The economy is slowing down, foreign investors have turned wary, and there is an election to be won next year. So, will Finance Minister P. Chidambaram script Budget 2008 for votes or growth? Shalini S. Dagar tells us what we can expect this year.  Full coverage: Budget 2008-09