Auditor Regulations

News updates and current affairs related to Regulations applicable to the Global Auditors

NFRA to be the regulator largely for the Big Four Audit...

NFRA
As per the newly notified rules, the National Financial Reporting Authority will have the power to monitor and enforce compliance with accounting standards and...

Why NFRA is important to keep check on Auditors Integrity

Background Hon. Prime Minister of India made the announcement on the occasion of the foundation day of the Institute of Chartered Accountants of India, which...

Audit Quality and Unregistered Individual Auditors in India

Individual Auditor
Audit quality is determined by an auditor’s ability to discover breaches of accounting standards. Audit quality is a product of auditor competence and independence. However,...

Accountancy firm Price Waterhouse banned from India

Price Waterhouse (PwC) audited Satyam Computers when organization proprietor Ramalinga Raju confessed to expanding income. The boycott by Indian market controller the Securities and...

PwC is accused to have forged the books to avoid taxes...

Just a day after the PM announced a new agency to check the misdeeds of Chartered Accountants, PwC the auditing giant of India have...

KPMG ex-partner in Insider Trading

regtech
Ex-Partner of KPMG was charged with insider trading by Securities Exchange Comission. The comission alleged that Scott London, Ex-Partner of KPMG tipped Bryan Shaw...