All posts tagged "Auditing"
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367EnforcementTribunal Overturns SEBI Order Banning PwC from Auditing
The Securities Appellate Tribunal cited a lack of evidence against PwC, and said SEBI had no jurisdiction to impose the ban in the first place.
September 10, 2019 -
675ChinaChina Consults on Rules for Shanghai’s New Science and Technology Board
New rules under consultation cover auditing, issuance, listing, underwriting, trading and supervision of companies listed on the SSE's new science and technology board.
January 31, 2019 -
574EnforcementEY, Two Partners Fined for Audit Failures on 20-Year Old Stock Listings
EY and two of its partners were collectively fined HK$700,000 plus HK$1.5mn in legal costs for failing to properly audit the financial statements of three firms that went bust soon after being listed.
August 27, 2018 -
2.2KFintech / RegtechBig Four to Pilot Blockchain-based Auditing in Taiwan
Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.
July 24, 2018 -
356EnforcementIndia Cracks Down on Bank Auditors
RBI has introduced a framework to define lapses in bank auditor conduct and reporting as well as enforcement action to be taken as a result of such lapses.
July 2, 2018 -
369Asia-PacificVietnam to Adopt IFRS Starting This Year
Vietnam to phase in IFRS standards starting this year until 2020 through the adoption of ten to twenty standards deemed appropriate for implementation.
May 31, 2018 -
369EnforcementHK Risks Becoming Auditing Outcast – Report
Head of Financial Reporting Council says overhaul of accountancy regulation will not meet international standards.
March 22, 2018 -
441EnforcementIndia Approves Independent Audit Oversight Body
The new body will have powers to impose penalties or debar chartered accountants or their firms for up to ten years.
March 5, 2018 -
418EnforcementIndian Court Urges End to Auditor ‘Self Regulation’
Supreme Court says auditors lack adequate oversight, have breached central bank and foreign direct investment rules and Chartered Accountants Act.
February 26, 2018 -
524Enforcement
UPDATED – PwC Gets 2-Year Ban from Auditing Listed Firms in India
Ban relates to accounting fraud at software exporter Satyam Computer Services, where PwC was auditor.
January 15, 2018
