Indian companies have started asking auditors for detailed presentations of
accounts they have already signed off, in the wake of the Satyam fraud.
Nervous businesses are looking for reassurance that verified accounts hold no
nasty surprises after the alleged $1bn (£700m) fraud at the Indian IT
outsourcing giant, which had already had its accounts approved by
The move by management to delve back into the books has so far been
restricted to a few Indian companies, but the practice is spreading, according
to Telegraph India.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned