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Audit Files

Displaying Files 1310 - 1320 of 1691 in 170 pages


KPMG won't do auditing for Satyam

Posted by Vinod Jain

KPMG on Thursday said it will not do any auditing work for Satyam, hours after ICAI cried foul over appointment of the company by new board of Satyam. ...



Category: Audit | 114 downloads | on 17 January 2009

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27 KB

Deloitte, KPMG have no licence

Posted by Vinod Jain

KPMG and Deloitte, the two firms entrusted by the new three-member board of Satyam Computer Services to audit the company’s accounts, are not allowed to do audit work in India— a point that has not escaped the attention of the Institute of Chartered Accountants of India (ICAI), the regulatory body for accountants in the country. According to ICAI president Ved Jain: “KPMG is not allowed to practice in India. They are not registered with us.” ...



Category: Audit | 288 downloads | on 17 January 2009

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32 KB

Balance sheets - How to ensure credibility - Satyam Fallout

Posted by Vinod Jain

The Securities and Exchange Board of India's decision to subject all Nifty and Sensex companies to a peer review of their accounting statements, may not be a bad idea, if some pitfalls are avoided. The idea is that the working papers of the companies' statutory auditors, relating to financial statements, would be reviewed by an independent panel. ...



Category: Audit | 438 downloads | on 17 January 2009

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31 KB

Charged created by SATYAM with ROC as on date

Posted by Vinod Jain

SATYAM COMPUTER SERVICES LTD ...



Category: Audit | 189 downloads | on 17 January 2009

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86 KB

Checking, not a re-audit of Sensex & Nifty Cos, says SEBI

Posted by Vinod Jain

It is not clear how this will work in practice. It would be quite extraordinary (and virtually unheard of in the world of joint stock companies) for one auditor to be sitting in judgment on another’s work. Indeed, some may be reluctant to get into not such review work because of the possibility of messy disputes; others may seize the chance to question the work of rival firms. If such situations are to be avoided, it should be clear that what is being attempted is not a re-audit but a process review. Anything beyond that could lead to more problems than solutions....



Category: Audit | 57 downloads | on 17 January 2009

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34 KB

ICAI panel to examine Satyam audit

Posted by Vinod Jain

The Institute of Chartered Accountants of India (ICAI) on Tuesday set up a six-member special committee to look into the auditing of fraud-hit Satyam Computer Services, whose erstwhile founder-chairman B. Ramalinga Raju is now in custody following his “confession” of having fudged the accounts of the Hyderabad-based IT major. The committee, headed by ICAI Vice-President Uttam Prakash Aggarwal, has been asked to submit its report on February 11. Four others are ICAI council members S.L. Dogra, Amarjeet Chopra, Subodh Aggarwal and Akshay Gupta, while K.R. Maheshwari, a banker and chartered accountant, is government nominee. ...



Category: Audit | 95 downloads | on 17 January 2009

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30 KB

Satyam's fee to PwC under Scanner

Posted by Vinod Jain

Satyam Audit Fees...



Category: Audit | 682 downloads | on 15 January 2009

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32 KB

Satyam CFO Srinivas Vadlamani confesses, blames PwC, Raju

Posted by Vinod Jain

PWC...



Category: Audit | 225 downloads | on 15 January 2009

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32 KB

PIL filed against Satyam, PIL Filed in SC

Posted by Vinod Jain

Satyam Fraud...



Category: Audit | 75 downloads | on 15 January 2009

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28 KB

Satyam scam: It was there, we refused to look

Posted by Vinod Jain

Satyam Fraud...



Category: Audit | 150 downloads | on 15 January 2009

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52 KB





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