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Consultancy / Audit-Services-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Thu, 29 Sep 2016 13:44:55 GMT

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India Inc gets ready for mandatory audit rotation; fight between Big Four firms

Tue, 20 Sep 2016 05:10:38 GMT

(image) Leading companies, including some from Tata Group and Mahindra Group, plan to change auditors as rotation process is set to kick in from April '17.



Big four increase their dominance in Indian audit business: Prime Database

Mon, 19 Sep 2016 07:29:41 GMT

(image) "The Big 4, between them, handled 401 assignments of the total 1,519 companies, or 26 per cent of the total," according to the Prime Database research.



IIT-M beats peers in consultancy earnings

Mon, 19 Sep 2016 05:58:56 GMT

(image) At IIT-M, over 45% of the faculty are engaged in industrial consultancy and “in the next four to five years, we aim to take this to 60%“, Ramamurthy said



Construction industry behind curve in cutting-edge tech: KPMG

Wed, 14 Sep 2016 13:12:33 GMT

(image) Some 64 per cent of contractors and 73 per cent of project owners rank as industry followers or behind the curve when it comes to technology.



Compulsory rotation, likely direct entry of foreign MNCs spell bad times for Indian auditors

Tue, 13 Sep 2016 03:25:21 GMT

(image) The growing gap between the MAFs and Indian firms will potentially widen further when the audit rotation and direct entry of MNC audit firms are set in motion.



IITs revoke ban on big data company Crayon Data

Tue, 06 Sep 2016 11:02:08 GMT

(image) Crayon Data was among the 31 companies that recently barred by the AIPC as they failed to honour their placement commitment to IIT students.



Why the rise of partners in 'Big Four' accounting firms is not as dazzling as you might think

Tue, 30 Aug 2016 00:45:44 GMT

(image) It used to take around 25 years for executives to be made partner. Now, they become partners in less than 15 years in firms like EY, PWC, KPMG and Deloitte.



Government may offer foreign auditors direct access in India

Tue, 23 Aug 2016 04:29:23 GMT

(image) The thinking within the govt is that as part of reforms process, services sector should also be liberalised and global auditors could be allowed to operate directly.



Nielsen India to track sales of Cash and Carry outlets

Wed, 17 Aug 2016 08:56:46 GMT

(image) Soft drinks (12%) dominate the channel in terms of value within the CPG space followed by toilet soaps (9%) and washing powder (8%), according to Nielsen.



EY, PwC, Deloitte and KPMG to help top Indian firms in getting ready for GST

Tue, 09 Aug 2016 01:42:54 GMT

(image) Most Indian firms are not yet prepared for GST, said industry trackers, even as the government is aiming for an April 1, 2017 rollout.



Corporate affairs ministry may probe Ricoh India for alleged accounting fraud

Thu, 21 Jul 2016 21:54:16 GMT

(image) The ministry may inspect books of accounts of the company for the past six years to ascertain alleged fudging of financial statements for some time now, officials said.



Shardul Amarchand Mangaldas Elevates 17 lawyers as Partners

Sat, 16 Jul 2016 16:16:52 GMT

(image) The firm has announced to open it’s Chennai office and GV Anand Bhushan will be head of firm’s newly opened south operation.



USL defends appointment of PwC as auditors

Thu, 14 Jul 2016 17:36:50 GMT

(image) The advisory firm had questioned the proposal of USL to appoint PwC as its auditors.



Target India launches initiative to help women rejoin the workforce post a career break

Wed, 06 Jul 2016 07:15:03 GMT

(image) The India arm of the Minneapolis-headquartered retail company has already started reaching out to candidates for the programme.



Mercer India appoints Preeti Chandrashekhar to lead its benefits practice

Tue, 05 Jul 2016 07:01:20 GMT

(image) Chandrashekhar said, “India offers an array of opportunities for companies to enhance their employee benefits structures and it will be my endeavour to grow Mercer’s advisory services in this emerging space.”