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Articles for Audits

We need accessibility rules that are based on principles
1 day, 15 hours ago

We need accessibility rules that are based on principles

The Hindu  

The Supreme Court, in Rajive Raturi v. Union of India, held Rule 15 of the Rights of Persons with Disabilities Rules, 2017, violative of the Rights of Persons with Disabilities Act, 2016. Thus, while formulating new guidelines, there needs to be a shift towards a principle-based framework on accessibility rules. The Court in Rajive Raturi observed that the existing guidelines …

Social Accessibility Court Guidelines Disabilities Rules Need
Sebi proposes online monitoring framework for stockbroker audits
1 month, 1 week ago

Sebi proposes online monitoring framework for stockbroker audits

Live Mint  

The Securities and Exchange Board of India has proposed a new online system to improve the monitoring and supervision of stockbrokers' system audits. This proposal, aimed at enhancing audit quality and accountability, will create a web-based platform for stock exchanges to oversee the system audit process for brokers in real-time. These risks include audits conducted without physical visits to stockbrokers’ …

Audit Process Audits Sebi Exchanges Auditors Online Monitoring
Biden Administration Wants To Protect IRS Funding As Budget Deadline Nears
1 month, 2 weeks ago

Biden Administration Wants To Protect IRS Funding As Budget Deadline Nears

Huff Post  

LOADING ERROR LOADING President Joe Biden’s administration wants Congress to maintain additional funding for the IRS to help it track down tax scofflaws and provide faster customer service, warning that letting the funding expire would add to the budget deficit. House Republicans in particular have been critical of the Inflation Reduction Act, calling its clean energy tax subsidies wasteful and …

Tax Congress Funding Treasury Biden Irs
U.P. govt orders fire safety audit of hospitals
1 month, 3 weeks ago

U.P. govt orders fire safety audit of hospitals

Hindustan Times  

Following the devastating fire at Maharani Laxmibai Medical College in Jhansi that claimed the lives of 12 toddlers, the Uttar Pradesh government has decided to conduct comprehensive fire safety audits across all hospitals and medical colleges in the state. Pathak directed that each hospital’s chief medical superintendent and medical college principals ensure these safety audits are carried out. In response …

Medical Fire Safety
DC Edit | Baby deaths: Hold safety audits
1 month, 3 weeks ago

DC Edit | Baby deaths: Hold safety audits

Deccan Chronicle  

The death of 10 infants in the neonatal unit of the Maharani Laxmi Bai Medical College, Jhansi, in Uttar Pradesh, last week points to the series of irregularities and lapses that still plague our healthcare, especially critical care, infrastructure. Reports suggest that the by the time the staff in the NICU got hold of the fire extinguisher, the blaze was …

Dc Edit
NFRA’s revised norms could lead to audit market concentration: ICAI
1 month, 3 weeks ago

NFRA’s revised norms could lead to audit market concentration: ICAI

Live Mint  

New Delhi: Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India, the profession’s self-regulator and rule maker. “In the case of SA600, our view is that …

Work Audit Joint Nfra Responsible Icai Joint Audits
NFRA Board revises all audit standards despite ICAI dissent on some likely effective from FY26
Trending News
1 month, 4 weeks ago

NFRA Board revises all audit standards despite ICAI dissent on some likely effective from FY26

Live Mint  

New Delhi: The board of the National Financial Reporting Authority on Tuesday approved a revision of all audit standards issued by the Institute of Chartered Accountants of India in spite of objections from the accountants' body on some of the changes. Revising standards The ministry said NFRA has referred to the government the revised 38 audit standards, including those dealing …

Board Financial Audit Standard Joint Standards Nfra
After back-to-back incidents, fire dept to push for electrical safety audits in warehouses across Lucknow
3 months ago

After back-to-back incidents, fire dept to push for electrical safety audits in warehouses across Lucknow

Hindustan Times  

LUCKNOW With back-to-back fire incidents in the city, the fire department has drawn up plans to conduct electrical safety audits across warehouses wherein notices will also be served on those violating safety procedures. According to an audit conducted by the fire department, 80% of fire incidents are happening due to electrical short circuit. According to an audit conducted by the …

Lucknow Fire Incidents Cfo Electrical
Cato Institute Sues DOJ Over Warrantless Surveillance Audits
3 months ago

Cato Institute Sues DOJ Over Warrantless Surveillance Audits

Huff Post  

LOADING ERROR LOADING The Cato Institute, a libertarian think tank that’s been part of a broad coalition of pro-privacy groups worried about an anti-spying law that’s been used in the past to surveil Americans, sued the government Friday for allegedly withholding audit records on the program. The requested records dealt with audits of the government’s compliance with Section 702 of …

Law Fbi Cato
Lack of audits, financial leakages threaten road safety
3 months, 3 weeks ago

Lack of audits, financial leakages threaten road safety

New Indian Express  

In a surprisingly candid admission at a business conclave, Union road transport and highways minister Nitin Gadkari said India witnesses more than 1.5 lakh deaths every year in 5 lakh road accidents, which also injure 3 lakh people. Gadkari was echoing IIT Delhi’s recently released road safety report that points out accidents are now the 13th leading cause of death …

India Road Safety Road Accidents Road Gadkari Financial Leakages Threaten Financial Leakages
Shein reveals child labour cases as it steps up supplier audits
4 months, 2 weeks ago

Shein reveals child labour cases as it steps up supplier audits

Hindustan Times  

By Helen Reid Shein reveals child labour cases as it steps up supplier audits LONDON, - Fast fashion retailer Shein found two cases of child labour at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage criticisms of its low-cost business model ahead of a planned flotation. …

China Child Child Labour Audits Report Shein Suppliers
Gaps in safety protocols, negligence of owners to blame for pharma unit blast: Pawan Kalyan
4 months, 2 weeks ago

Gaps in safety protocols, negligence of owners to blame for pharma unit blast: Pawan Kalyan

The Hindu  

Expressing serious concern at the frequent industrial accidents, Deputy Chief Minister K. Pawan Kalyan said the accident that killed several workers in the pharmaceutical unit of Escientia Advanced Sciences Pvt. He said a dispute between two owners of the company might have led to negligence in complying with the safety rules and it eventually had cost the lives of the …

Safety Kalyan
Gurugram: Safety audits for coaching centres
5 months, 1 week ago

Gurugram: Safety audits for coaching centres

Hindustan Times  

Two days after three aspiring civil servants lost their lives in a flooded basement of a coaching centre in Old Rajendra Nagar, Delhi, the Gurugram administration has ordered safety audits of all coaching centres in the district, officials said. Our facilities are being thoroughly inspected, and we are addressing any gaps identified during the process.” As the safety audits get …

Safety Coaching Coaching Centres Audits Yadav Centres Institutes
Digi Yatra policy must clarify data deletion rules, privacy concerns: study
6 months, 1 week ago

Digi Yatra policy must clarify data deletion rules, privacy concerns: study

The Hindu  

The policy for Digi Yatra – a digital platform to verify air travellers using biometric data – needs to spell out all the rules related to the deletion of passenger information from the database once the travel is complete, according to a study instituted by NITI Aayog. Need cybersecurity audits The study recommended that there must be frequent cybersecurity audits …

Policy Data Yatra Study Digi Digi Yatra Frt
Gurugram admin to carry out safety audits of labour-intensive industrial units
6 months, 2 weeks ago

Gurugram admin to carry out safety audits of labour-intensive industrial units

Hindustan Times  

Gurugram: The Gurugram district administration will get a safety audit done for all labour-intensive industrial units functional in the district in the aftermath of the explosions at a fire extinguisher ball manufacturing factory in Sector-104 last week, which left four people dead and another 12 critically injured, officials aware of the matter said. They said that the safety audit will …

Safety Gurugram Industries Safety Audits Manufacturing Units
FAA head says agency ‘should have had a better handle’ on Boeing
6 months, 4 weeks ago

FAA head says agency ‘should have had a better handle’ on Boeing

Politico  

But Whitaker assured senators that the FAA has “changed that approach over the last several months” and vowed that the changes “are permanent.” That the FAA was too focused on overseeing paperwork produced by Boeing instead of performing its own inspections echoes critiques leveled in 2019, after two 737 MAX 8 planes crashed in Indonesia and Ethiopia. During the hearing …

Spirit Boeing Max Whitaker Faa Cantwell
Call to make NOC from TNFRS mandatory for all buildings and increase fire safety audits in Chennai
7 months, 1 week ago

Call to make NOC from TNFRS mandatory for all buildings and increase fire safety audits in Chennai

The Hindu  

In the light of recent major fire accidents in Tiruvallur, Delhi, and Gujarat, there is a growing call to make mandatory the No Objection Certificate from the Tamil Nadu Fire and Rescue Services Department for all buildings. He questioned the renewal of certificates for high-rise buildings in congested areas such as George Town in North Chennai and the lack of …

Safety Chennai Fire Safety Buildings Noc Tnfrs
Fire dept launches safety audits of hospitals, other buildings in Prayagraj
7 months, 1 week ago

Fire dept launches safety audits of hospitals, other buildings in Prayagraj

Hindustan Times  

After the recent fire incidents in a Delhi hospital and Rajkot gaming zone which claimed lives of many people, including children and infants, the fire department in Prayagraj has sprung into action and launched a massive drive to audit fire safety arrangements at buildings like malls, multiplexes, apartments, marriage halls, hotels, guest houses and hospitals. During the last two days, …

Safety Teams Hospitals Audit Hospital Prayagraj Civil Lines
Trump Media auditor slapped with 'massive' fraud charges by SEC
8 months, 1 week ago

Trump Media auditor slapped with 'massive' fraud charges by SEC

Raw Story  

The auditor being used by the parent company of President Donald Trump's Truth Social platform has just been hit with allegations of what the Securities and Exchange Commission describes as "massive" fraud. CNN reports that BF Borgers, a Colorado-based firm that counts Trump Media and Technology as one of its clients, was accused by the SEC on Friday of committing …

Trump Trump Media Sec Bf Borgers Borgers
Pressure on Boeing grows as Buttigieg says the company needs to cooperate with investigations
9 months, 4 weeks ago

Pressure on Boeing grows as Buttigieg says the company needs to cooperate with investigations

Associated Press  

With Boeing facing multiple government investigations, the company needs to make “a serious transformation” around its safety and manufacturing quality, Transportation Secretary Pete Buttigieg said Monday. The comments came one day after Buttigieg said the aircraft builder is under “enormous” scrutiny by his department since a panel blew off a Boeing 737 Max jetliner in midflight. “We will continue to …

Boeing Company Buttigieg Ntsb
IRS to go after executives who use business jets for personal travel in new round of audits
10 months, 2 weeks ago

IRS to go after executives who use business jets for personal travel in new round of audits

Associated Press  

WASHINGTON — First, there were trackers on Taylor Swift and other celebrities’ private jet usage. IRS leadership said Wednesday that the agency will start conducting dozens of audits on businesses’ private jets and how they are used personally by executives and written off as a tax deduction — as part of the agency’s ongoing mission of going after high-wealth tax …

Tax Aircraft Audit Audits Irs
IRS goes after executives using business jets for personal travel in new round of audits
10 months, 3 weeks ago

IRS goes after executives using business jets for personal travel in new round of audits

LA Times  

The IRS will start dozens of audits on businesses’ private jets and how they are used personally by executives and written off as tax deductions. IRS leadership said Wednesday that the agency will start conducting dozens of audits on businesses’ private jets and how they are used personally by executives and written off as tax deductions. An April 2023 IRS …

Tax Aircraft Audit Audits Irs
US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker
11 months, 4 weeks ago

US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker

Associated Press  

The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled aircraft maker. “This is a brand-new aircraft, it has just come off the line and it had …

Safety Spirit Congress Airlines Boeing Alaska Company
Number of CAG audits on Union govt. tabled in Parliament hits a low in 2023 | Data
1 year ago

Number of CAG audits on Union govt. tabled in Parliament hits a low in 2023 | Data

The Hindu  

In the calendar year 2023, only 18 audit reports on the Union government’s accounts, prepared by the Comptroller and Auditor General, were tabled in Parliament. Click to remove AMP mode The figures were arrived at by scraping over 400 audit reports on the Union government, published on the CAG website, between 2010 and 2023. For instance, 14 audit reports of …

Budget Union Audit Cag Chart Parliament Reports