Infosys on Friday said it has not received any request from SEBI for conducting further investigation in the whistleblower case where top executives were accused of rigging the company's balance sheet
Infosys whistleblower case: SEBI may call for forensic audit on allegations of financial irregularities in IT major
In October last year, Infosys had informed the stock exchanges of having received anonymous whistleblowers' complaints alleging certain unethical practices by the top management.
Infosys row: National Financial Reporting Authority to look into alleged accounting irregularities at IT-company
The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday
Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak
Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.
The NFRA would act as an independent regulator for the auditing profession.
Union Minister P P Chaudhary's comments come against the backdrop of some auditing entities coming under the scanner of the Corporate Affairs Ministry following various complaints
PNB scam: Who will audit the auditors, police the police and judge the judges? Nirav Modi gave a wake-up call to govt
For too long have auditors taken smug shelter behind the watchdog-not-bloodhound defence.
Impact of PNB scam: Cabinet clears Fugitive Economic Offenders Bill 2018, auditing watchdog NFRA; key highlights
Here are key highlights of the Fugitive Economic Offenders Bill 2018 that the Union Cabinet approved on Thursday.