S Gopalakrishnan

Accounting regulator ICAI today said it will soon conclude the disciplinary proceedings against S Gopalakrishnan and Srinivas Talluri , the two auditors embroiled in the multi-crore Satyam fraud . The Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI) would be holding the hearing(s) in the said matter(s) at regular intervals and would try to conclude these cases by adopting the fast track mode, ICAI President G Ramaswamy said in a statement.. Full Article

The Institute of Chartered Accountants of India (ICAI), said it will not initiate proceedings against S Gopalakrishnan, ex-partner of PricewaterhouseCoopers (PwC), for his alleged involvement in the multi-crore Satyam accounting scandal until the Delhi High Court’s stay on Srinivas Talluri, ex-partner, PwC, is lifted. Full Article

Price Waterhouse auditor S. Gopalakrishnan and Satyam’s former internal audit head V.S. Prabhakar Gupta are accused of conniving with B. Ramalinga Raju, the software company’s founder, in the Rs7,136 crore fraud that came to light in January 2008. Full Article

The Supreme Court granted bail to PriceWaterhouseCoopers auditor Srinivas Talluri who was arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides. Full Article

In another blow to embattled audit firm Price Waterhouse (PW), the high powered committee formed by ICAI to investigate the Satyam fraud, has submitted its interimn report. According to sources, the report has found the auditors guilty of lapses while auditing Satyam’s books. The report is also believed to have stated that Price Waterhouse received [...] Full Article

Accounting regulator ICAI on Wednesday said it will not grant any further time to now-in-jail auditors of Satyam for furnishing reply to the showcause notice and it will proceed on the basis of available information to dispose of the case within six months. “No more adjournment will be granted to the auditors (S Gopalakrishnan and Srinivas Talluri). [...] Full Article

Institute of Chartered Accountants of India (ICAI) came under immense public scrutiny after the auditor’s role being questioned in the whole of Satyam fiasco.Now, almost after six months after the Satyam story came to light, ICAI is ready with its investigations on the auditor’s role and is all set to give its verdict soon. The [...] Full Article