With the recent Covid 19 situation leading to economic fallout, experts have already warned of profit stagnation, lagging GDP growth, and global recession. In these times of distress, the government and central bank of various nations have resorted to ambitious measures to strengthen the hope ensuring that the pandemic does not cause a prolonged crisis. […]
Reading the current headlines such as Sebi has directed the exchange to appoint an independent forensic auditor to verify any misrepresentation of financials and business of VDPL as well as any misuse of the funds or books of accounts’ and Sebi has directed the NSE to conduct forensic audit on two companies — ARSS Infrastructure Projects and Nu Tek India makes us question what forensic audit is all about.
