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Super Micro Computer could be delisted from the Nasdaq this month amid a steep plunge following auditor's resignation

This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in…

Matthew Fox   


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Wages of Assam tea workers "meagre"; welfare scheme implementation has "several shortcomings": CAG report

The CAG report also found the state government's intervention in fixing wages as per the Minimum Wa…

PTI   


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A Bengaluru auditor earned Rs 9 lakh just for sleeping, and here’s how you can too!

Wakefit is back with its Sleep Internship and the prize money is dreamy.

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2 mins read

Trump Media's auditor charged with 'massive fraud' by SEC

The SEC said Trump Media's accounting firm, BF Borgers, committed fraud in more than 1,500 filings …

Geoff Weiss   


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1 min read

Trump Media stock tumbles as the SEC charges its auditor with 'massive fraud'

Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators sai…

Jennifer Sor   


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4 mins read

Deloitte sought independent external probe into Hindenburg allegations; Adani firm says reasons for resignation not convincing

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external …

PTI   


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Adani Port replacing Deloitte with another reputed auditor to comfort investors, says Jefferies

Jefferies which tracks Adani Ports has found a silver lining even in this development as it feels t…

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FTX US's auditor stands by its accounting work for the collapsed crypto exchange, report says

The auditors of both of FTX US branch and the larger global exchange are being sued by customers.

Jennifer Sor   


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1 min read

SREI Equipment Finance auditor reports fraudulent transactions to the tune of ₹13,110 cr

SREI Equipment Finance Ltd has reported alleged fraudulent transactions amounting to Rs 13,110 cror…

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1 min read

The auditor of Binance and Crypto.com's reserves has reportedly stopped work with crypto clients in the wake of FTX's collapse

It may prove difficult for crypto exchanges to prove their reserves now that their main auditor has…

Carla Mozée   


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2 mins read

Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says

Shah Dhandharia audited the accounts of Adani Total Gas and Adani Enterprises. It only had 11 emplo…

Ryan Hogg   


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2 mins read

IL&FS replaces auditor SRBC & Co amid allegations of professional misconduct by NFRA

“M/s SRBC and Co. LLP will be ineligible to continue as auditors of the Company for the financia…

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1 min read

Alibaba, JD.com are among the Chinese stocks reportedly being targeted by US auditors for inspection next month

The US Public Company Accounting Oversight Board Review requested to review materials from the most…

Brian Evans   


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The vicious circle behind bad loans. Should banks be revealing the names of the big loan defaulters?

Here is what proxy advisory firm founders- Amit Tandon, Founder & MD, IIAS and Shriram Subramanian,…

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2 mins read

RBI has barred one of the country's top auditors from looking at the books of any company regulated by the central bank

India’s central bank, the Reserve Bank of India (RBI), banned Haribhakti & Co LLP, an audit fir…

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2 mins read

Fraudulent transactions of ₹6,182 crore in DHFL unearthed

Accordingly, the Administrator of the Company received an initial report from the professional…

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7 mins read

CAG is hiring more than 10,000 accountants and auditors around the country

The Comptroller and Auditor General of India (CAG) has issued a notification on the official site t…

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1 min read

More trouble for MIAL as SBI likely to appoint forensic auditor

New Delhi, Aug 23 (IANS) More trouble is brewing for GVK Infrastructure and Power, including Mumbai…

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3 mins read

In the IL&FS scam, auditors will not be left off the hook for their role

The NCLT is empowered to pass order to implead them under Section 242 of the Companies Act, 20…

PTI   


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Govt revises framework for enhanced disclosures in auditor reports of companies

"CARO 2020 would necessitate enhanced due diligence and disclosures on the part of auditors of eli…

PTI