News Muncher - searching for auditors

1 month, 3 weeks ago

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

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

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

1 year, 4 months ago

DGCA inspection finds lapses in Air India's internal safety audits

The Hindu

A two-member inspection team of the Directorate General of Civil Aviation has found lapses in internal safety audits of Air India and the regulator is probing the matter, according to officials. "Air India actively engages in such audits to continually assess and strengthen our processes," the spokesperson said in a statement and added that the airline directly addresses any matters …

India Safety Air Team Inspection Audits Report

1 year, 11 months ago

NHAI lays down procedures for extensive road safety audits

Live Mint

NEW DELHI: The National Highway Authority of India has laid down extensive policy procedures for carrying out road safety audit and responsibilities has been earmarked for stakeholders for facilitating the audit and for implementation of the recommendations, the Ministry of Road Transport & Highways said in a statement. “During FY2021-22, NHAI undertook safety audit of 16,500 km of national highways …

Safety National Audit Road Nhai National Highways Safety Audit

2 years ago

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

Salon

In April 2016, government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been indicted for fraud. A review of 90 government audits, released exclusively to KHN in response to a Freedom of Information Act lawsuit, reveals that health insurers that issue Medicare …

Health Medical Medicare Patients Minnesota Audits Plan

2 years ago

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

Salon

In April 2016, government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been indicted for fraud. A review of 90 government audits, released exclusively to KHN in response to a Freedom of Information Act lawsuit, reveals that health insurers that issue Medicare …

Health Medical Medicare Records Patients Minnesota Audits

2 years, 2 months ago

Joint audit move faces resistance

Deccan Chronicle

New Delhi: Many auditing firms and industry chambers have objected to a recent government panel suggestion to have mandatory joint audit of financial statements for certain classes of companies. In some joint audits, one firm calls all the shots while the other only participates in the audit, so the "audit quality remains status-quo-ante," he said. Vinod Kashyap, director, NextGen, said, …

Quality Audit Audits Joint Audits Faces Resistance Mandatory Joint Joint Audit

4 years, 9 months ago

ICAI to issue advisory on dealing with coronavirus impact on auditing work; document for corporates, auditors to be released before 31 – Firstpost

Firstpost

It will be an advisory for auditors and companies on how to deal with the impact of the coronavirus outbreak New Delhi: The Chartered accountants’ apex body ICAI will be issuing an advisory to auditors on how to deal with the coronavirus pandemic impact, mainly on auditing work. The Institute of Chartered Accountants of India has already started work on …

Coronavirus Impact Gupta Advisory Icai Corporates Auditors Work Document

5 years, 1 month ago

Govt bans foreign firms from conducting IT security audits of critical sectors for fear of sensitive data being leaked

Firstpost

In the wake of the cyber attack on Kudankulam Nuclear Power Plant, the government has directed the ministries and departments handling India’s critical infrastructure to avoid hiring foreign firms to conduct IT security audits of its systems and networks New Delhi: In the wake of the cyber attack on Kudankulam Nuclear Power Plant, the government has directed the ministries and …

India Security Data Information Information Technology Foreign Firms State

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Articles for Audits, search results for auditors

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

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

DGCA inspection finds lapses in Air India's internal safety audits

NHAI lays down procedures for extensive road safety audits

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

Joint audit move faces resistance

ICAI to issue advisory on dealing with coronavirus impact on auditing work; document for corporates, auditors to be released before 31 – Firstpost

Govt bans foreign firms from conducting IT security audits of critical sectors for fear of sensitive data being leaked