All posts tagged "Auditors"
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31Asia-PacificSri Lanka Central Bank Directs Banks to Defer Dividends
The CBSL issued the directives after considering the possible adverse impact on liquidity and other KPIs of banks due to Covid-19.
July 28, 2021 -
83Hong KongHong Kong Introduces Bill to Boost FRC’s Regulatory Powers
Under the proposed regime, regulatory powers currently vested with the HKICPA will be transferred to the Financial Reporting Council.
July 26, 2021 -
54KoreaFSC Korea to Delay Implementation of New Audit Requirement
The FSC will postpone for one year the requirement for stock companies' consolidated internal accounting control systems to undergo an external audit.
July 16, 2021 -
51Australia & NZAustralian Court Set to Impose First Sentences Over Bad Audits
EC Audit and its former director are the first auditors in Australia to face criminal prosecution for failure to comply with auditing standards.
July 12, 2021 -
88Capital RegulationRBI Issues New Dividend Distribution Guidelines for NBFCs
The dividend ratio will be capped at 50 to 60 percent of a deposit-taking NBFC's profits, depending upon the nature of the business.
June 28, 2021 -
128Australia & NZNew Zealand FMA Grants Reporting Relief Amid Auditor Shortage
Businesses affected by an auditor shortage in New Zealand will be allowed an additional month to comply with reporting requirements.
June 15, 2021 -
58Australia & NZ
ASIC Stresses Quality of Financial Reports, Disclosures
The assumptions underlying estimates and assessments for financial reporting purposes should be reasonable, supportable, realistic, and not overly optimistic or pessimistic.
June 11, 2021 -
128Australia & NZ
ASIC Files Australia’s First Criminal Charges Related to Auditing
The charges against EC Audit and its director allege that the audits of Halifax Investment Services were not conducted in accordance with the relevant standards.
June 10, 2021 -
155Hong KongHKEX, FRC to Strengthen Collaboration on Financial Reporting Quality
A new MOU establishes a collaborative framework which will ultimately provide better investor protection through high quality financial reporting.
June 9, 2021 -
122AML / KYCHKIFA Warns Against Concealing Company Director Information
The government proposal to stop requiring companies to reveal certain information about directors will hinder fund managers’ ability to conduct due diligence.
June 4, 2021
