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Angel in talks for $64 mln PE investment-srcs
Posted: July 27th, 2010, 6:27am EDT
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Angel Broking, a stock broking and wealth management firm, is in talks with private equity firms to raise as much as Rs 3 billion ($64 million), said three sources with direct knowledge of the matter. -
Technology can prevent corporate fraud: PwC
Posted: July 26th, 2010, 7:11am EDT
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Effective use of technology for in-house audit processes could help prevent accounting fraud in a company, as it will be easier to monitor the flow of data online, says global consultant PricewaterhouseCoopers. -
ICAI doing a reality check for assessing impact of Singapore firms entering India
Posted: July 18th, 2010, 6:12pm EDT
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The country?s accounting regulator is doing a reality check on whether Indian accountants stand to gain from the opening up of the sector, ahead of a fresh meeting between officials from India and Singapore for reviewing a bilateral trade pact. -
ICWAI, USE ink MoU for info exchange, co-operation
Posted: July 14th, 2010, 5:59am EDT
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The Institute of Cost and Works Accountants of India (ICWAI) and United Stock Exchange (USE), on Wednesday signed a Memorandum of Understanding (MoU) for exchange of information, consultation and co-operation. -
Symbolic Status: Now CAG sets out in search of a new logo
Posted: July 12th, 2010, 8:33pm EDT
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The nearly 150-year old public audit institution of the country is going in for an image makeover. -
Symbolic Status: Now CAG sets out in search of a new logo
Posted: July 12th, 2010, 7:42pm EDT
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The Indian Audit & Accounts department, headed by the Comptroller and Auditor General of India, is scouting for a new logo that will highlight its authority and independence. -
ICAI asks govt to stop giving projects to tainted audit firms
Posted: July 11th, 2010, 2:49am EDT
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Accounting regulator ICAI has asked the government to stop giving assignments to tainted audit firms, a move that would discourage wrong doings and promote entities with honest track records. -
PwC launches new entity for backoffice work
Posted: July 9th, 2010, 5:49am EDT
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Auditing firm PricewaterhouseCoopers (PwC) India has launched a new entity for select backoffice operations in Kolkata alongwith PwC of Australia, Britain, Canada and the US. -
ICAI for compulsory outsourcing of internal audit functions
Posted: July 8th, 2010, 11:39am EDT
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Accounting regulator ICAI has asked the government to make outsourcing of internal audit functions mandatory for companies to prevent a Satyam-like fraud from happening again. -
Open doors, but seek level field in foreign land too: ICAI
Posted: July 7th, 2010, 5:47pm EDT
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The Institute of Chartered Accountants of India (ICAI) has urged the government to ensure that Indian accounting firms get a level playing field in foreign countries.