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Audit Services by BIG4 needs to be checked to save SMP CA firms

CA, CS, CMA : With due respect I would like to bring some important issues which need the kind attention of council on the issue that the workin...

April 8, 2016 9382 Views 6 comments Print


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Saudi regulator bars Deloitte from auditing listed companies for 2 years

CA, CS, CMA : As per the new published in http://www.arabianbusiness.com Saudi Arabia’s market regulator i.e. Capital Market Authority...

June 22, 2016 6832 Views 0 comment Print

Conferences and events are new mantra of brand building for law firms

Finance : Cyril Shroff, Zia Mody and Nisith Desai are big names in India’s legal profession. They are among the most-in-demand corporate l...

April 17, 2010 333 Views 0 comment Print

PricewaterhouseCoopers wins the “India Tax Firm of the Year” Award

Finance : Speaking on the occasion, Dinesh Kanabar, PwC tax leader, India said, It is a tremendous achievement and we are delighted to recei...

November 26, 2009 345 Views 0 comment Print

Police in Hongkong raided Ernst & Young amid fraud probe

Finance : The Hong Kong offices of accounting giant Ernst & Young were raided by police as part of a fraud investigation linked to the c...

October 1, 2009 1205 Views 0 comment Print

United States District Court found Former Ernst & Young Partner Guilty of Insider Trading

Finance : A former partner at the accounting firm Ernst & Young was found guilty on Friday of securities fraud for an insider trading sc...

May 16, 2009 940 Views 0 comment Print


Latest Posts in Big 4

Saudi regulator bars Deloitte from auditing listed companies for 2 years

June 22, 2016 6832 Views 0 comment Print

As per the new published in http://www.arabianbusiness.com Saudi Arabia’s market regulator i.e. Capital Market Authority’s (CMA) Committee for the Resolution of Securities Disputes (CRSD  has barred the local unit of New York-based accountancy firm Deloitte & Touche from providing accounting services for listed companies in the kingdom for two years for breaching rules on accumulated losses. […]

Audit Services by BIG4 needs to be checked to save SMP CA firms

April 8, 2016 9382 Views 6 comments Print

With due respect I would like to bring some important issues which need the kind attention of council on the issue that the working of Big 4 in India is not legal, according to the basic principle of law i.e. what cannot be done directly, that cannot be done in directly and same contention was given by the Bar Council of India for these Big 4 operations in India.

Conferences and events are new mantra of brand building for law firms

April 17, 2010 333 Views 0 comment Print

Cyril Shroff, Zia Mody and Nisith Desai are big names in India’s legal profession. They are among the most-in-demand corporate lawyers in the country for their experience, expertise as well as their image. Branding has become crucial for law firms competing in a marketplace where cross-country takeovers, mergers and copyright disputes are commonplace.

PricewaterhouseCoopers wins the “India Tax Firm of the Year” Award

November 26, 2009 345 Views 0 comment Print

Speaking on the occasion, Dinesh Kanabar, PwC tax leader, India said, It is a tremendous achievement and we are delighted to receive this award. The award is in recognition of our commitment towards partnering with our clients in one of the most difficult years of our time. He added, Our global experience of working with a diverse client base spread across economies has helped us gain new perspectives and develop inventive solutions.

Police in Hongkong raided Ernst & Young amid fraud probe

October 1, 2009 1205 Views 0 comment Print

The Hong Kong offices of accounting giant Ernst & Young were raided by police as part of a fraud investigation linked to the city’s biggest corporate collapse, local media said Wednesday.The search, which occurred Tuesday, came after Ernst & Young was accused in court earlier this month of falsifying documents to shield itself from a […]

United States District Court found Former Ernst & Young Partner Guilty of Insider Trading

May 16, 2009 940 Views 0 comment Print

A former partner at the accounting firm Ernst & Young was found guilty on Friday of securities fraud for an insider trading scheme but not guilty of conspiracy charges. A jury in United States District Court in Manhattan found that the ex-partner, James E. Gansman, who worked at the firm until October 2007, was guilty […]

PWC asked staff to take unpaid leave to cut costs: Here's how you can do it too

May 8, 2009 322 Views 0 comment Print

Patrick Stafford Accounting giant PricewaterhouseCoop ers has asked 5000 full-time staff to take up to three weeks of unpaid leave in an attempt to save costs. Chief executive Mark Johnson said in an email to staff that the requests are a “temporary initiative to respond to temporary times”, and that redundancies are a last resort.

BIG FOUR CA firms plead for help amid fear of lawsuit-Britain

April 27, 2009 498 Views 0 comment Print

Leading accountants will meet the Government this week to plead for protection as they prepare for a surge in litigation from investors trying to recover their losses from big company failures. The Big Four — Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers (PwC) — are braced for an increase in legal action from investors and […]

Price Waterhouse heads for a disgraceful exit at SATYAM

February 18, 2009 300 Views 0 comment Print

Tainted Satyam auditor Price Waterhouse heads for a disgraceful exit as the new board of the IT Company is believed to have initiated steps to remove the auditor midway. Sources said the new board will approach the central government with this proposal and then take it up with the company’s shareholders.

ICAI's move will end monopoly of Big Four

February 3, 2009 378 Views 0 comment Print

The ICAI’s proposal to restrain foreign firms from joining hands with Indian auditing companies has brought some relief to local chartered accountants. They observe that this proposal will put an  end to the monopoly of the big four (Ernst and Young, Pricewaterhouse, KPMG and Deloitte) which has been a matter of concern to them for […]

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