Tag: Audit
Evergrande fraud: China imposes record penalty on PwC for audit lapses
China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group. The…
Medikabazaar: ETtech Exclusive: Medtech firm Medikabazaar rejigs top deck; PwC audit spots issues
A management reshuffle is in the works at Medikabazaar, a business-to-business (B2B) startup for medical supplies valued at $650 million, as cofounder and chief executive…
byjus board members: Board members quit as shareholding fell below minimum threshold: Byju’s
Soon after representatives of Peak XV Partners (formerly Sequoia Capital India), Prosus (earlier Naspers) and Chan Zuckerberg Initiative confirmed their exits from Byju’s board, the…
startup governance: Startup governance: Audits in focus amid financial irregularities at new-age ventures
Frequent occurrence of serious corporate governance issues at Indian startups has led some of the leading consulting firms to initiate discussions with venture funds to…
mojocare: Financial irregularities found at healthcare startup Mojocare after review, say investors
Investors in Bengaluru-based healthcare and wellness startup Mojocare said in a statement on Sunday that the consortium has found financial irregularities in the company. A…
Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari
Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin…
GST audit checklist: Ensuring compliance and mitigating risks
With never ending changes in the law in the GST regime, digitalisation of compliances and the pace with which the international trade is growing, make…
Adani Group terms reports of hiring Grant Thornton for audits as ‘market rumour’
Adani Enterprises Limited on Thursday dismissed reports of appointing the US accountancy firm Grant Thornton to run independent audits of some of its companies and…
US firm to run independent audit of Adani companies after Hindenburg offshoot
India’s Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller…
gst news: From audits to notices, untangling the GST regime for taxpayers
Over the last couple of years, the number of GST audits initiated by the department and notices greeting the taxpayers has significantly gone up. There…