Statutory Audit News

Industry

RBI tightens banks’ statutory auditor rules

The RBI says it will take action against banks' statutory auditors in case of any lapses in their auditing process such as misstatement of a bank's financial statement or wrong information in audit report

1 min read4 Jul 2018
Market

We haven’t seen the last of bad loan divergences

While differences between statutory audit of bank books by auditing firms and RBI have existed historically, it all boils down to different sample sizes and is highly discretionary in nature

2 min read30 May 2017
Companies

Deloitte resigns as statutory auditor of Financial Technologies

The announcement added that the audit of stand-alone financials of FTIL for FY14, has been completed

1 min read10 Jun 2014
Companies

MCX board may decide to replace statutory auditor

The exchange will at its board meeting on 9 May take up the FMC notice issuedinFebruary that sought a review of its auditors

3 min read9 May 2014
Politics

RBI bans bank auditors from acting as its consultants too

RBI bans bank auditors from acting as its consultants too

2 min read18 Jan 2009

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