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Performing Audit of Public Company with Conflict of Interest and Other Professional Misconduct: NFRA slams CA with 5 Lakh Penalty and 5 Year Ban from Auditing [Read Order]
The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs. 5 Lakhs and banned the Chartered Accountant of S Kumars Nationwide...
![Failure to conduct enquiries with respect to abnormal cash deposits during Demonetization Period: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Demonetization-Period-ITAT-abnormal-cash-income-tax-news-taxscan.jpg "Failure to conduct enquiries with respect to abnormal cash deposits during Demonetization Period: ITAT upholds Revision Order [Read Order]")
![Disallowance of Contingent Liability shall not be Entertained as it does not form part of P&L Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Disallowance-Contingent-Liability-Entertained-as-P-L-Account-ITAT-TAXSCAN.jpg "Disallowance of Contingent Liability shall not be Entertained as it does not form part of P&L Account: ITAT [Read Order]")
Non-Adherence of Standards of Auditing: NFRA Imposes Fine of Rs 15 Lakhs in Total and Debars Two Chartered Accountants for 15 years in Total [Read Order]
The National Financial Reporting Authority (NFRA) imposed a fine of Rs 15 Lakhs in total and debarred two Chartered Accountants for 15 years in total on the ground of non-adherence to Standards of...
Deloitte Resigns from Byjus's Think and Learn as Statutory Auditors citing delay in Financial Statements of FY 2022; appoints BDO as Auditor
Deloitte Haskins & Sell, one of the largest auditing firms, has stepped down from major Edutech Company Byju’s - Think and Learn Private Limited. On 22nd June 2023, the auditing firm submitted...
