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Audit News

Aaditya Thaackeray

25 Jul 2022

Aaditya Thackeray in BIG Trouble! Centre takes BOLD step amid Shiv Sena crisis

The central government has ordered an audit of Aaditya Thackeray's ministry. Their work for the last two and a half years will be audited. Aaditya Thackeray was the Environment Minister in the Uddhav government.

17 Oct 2016

Submit internal audit report by December 31: BSE to brokers

BSE Monday directed brokers to submit internal audit report for the first half of the current financial year in electronic form by December 31.

02 Oct 2016

Black money disclosure scheme: CAG may audit Rs 65,250 crore, not individual declarations

As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations through the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS) that ended on September 30.

27 Jan 2016

RBI shortlists 5 cos for audit and risk monitoring mechanism

The Reserve Bank plans to procure an Audit Management and Risk Monitoring System (AMRMS) for the central bank from five "potential shortlisted" solution providers, including PwC and Quadrant 4 Software Solutions.

30 Oct 2015

Set back for Kejriwal, no CAG audit of discoms' accounts, says HC

Three private power companies had challenged the AAP government's decision to get their accounts audited by the CAG in the High Court.

22 Oct 2015

Greece sacks tax chief during EU-IMF audit

"The cabinet has unanimously approved the finance minister's recommendation that general secretary for public revenue (Katerina) Savvaidou be removed from her duties," government spokeswoman Olga Gerovassili said.

11 Aug 2015

Have centralised monitoring for audit objections: CAG to CBDT

Government auditor CAG has suggested to the Central Board of Direct Taxes to introduce centralised monitoring mechanism to timely deal with the internal audit objections.

05 Jul 2015

Sebi, exchanges ask 75 firms to restate a/c on audit red-flags

The companies that fail to submit a compliance report to the exchanges would face penal action by the regulators, a senior official said.

12 Jun 2015

Nothing to fear from audit if decisions are transparent: CAG

Bureaucrats need not fear CAG if their decisions are transparent, correct and judicious, the Comptroller and Auditor General (CAG) Shashi Kant Sharma said on Friday.

14 Sep 2014

Audit should not be dampener for private firms: Singh told CAG

There had been allegations of 'gold-plating' worth billions of dollars by RIL in this project, while it has also been alleged that the contract was biased towards the company.

17 Aug 2014

Airlines run into audit red-flags over 'going concern' status

Amid continuing difficulties in airline space to generate profits and raise funds, independent auditors of at least two Indian carriers have raised red-flags over their 'going concern' status claims.

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