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News
Who Audits the Auditors? The Conflict at the Heart of the Big Four
6+ hour, 5+ min ago (1180+ words) The world’s largest accounting firms occupy an unusual position in modern capitalism. They audit corporate financial statements while also advising....
Most Auditors Using AI Without a Formal Strategy, Study Shows
2+ day, 5+ hour ago (81+ words) news.bloomberglaw.com Auditing teams are leveraging AI but many do not have a formal use strategy in place for the technology, a Gartner survey found. About 93% of 161 chief audit executives reported some level of AI use, according to a…...
KPMG India Appoints Sabitri Chakraborty as Partner to Strengthen Cybersecurity Leadership
2+ day, 14+ hour ago (12+ words) konsulteer.com...
Why technology could make accountants more valuable to businesses
3+ day, 14+ hour ago (504+ words) Artificial intelligence is changing many professions, but for accountants, the shift may be less about replacing people and more about redefining where their real value lies. As automation takes over more of the routine, compliance-driven work traditionally associated with accounting,…...
Coforge chairman resigns after internal audit flags disclosure gaps
4+ day, 2+ min ago (303+ words) The resignation followed concerns identified in an internal audit review over the handling and disclosure of information relating to the board evaluation report Coforge said its non-executive chairman OP Bhatt has resigned with immediate effect following concerns raised by the…...
Shalimar Productions Limited: Statutory Auditor Resigns
4+ day, 18+ hour ago (175+ words) InvestyWise Shalimar Productions Limited: Statutory Auditor Resigns Shalimar Productions Limited has announced the resignation of its statutory auditor, M/s. Bhatter & Associates, Chartered Accountants. The resignation is effective from 07 September 2026. The company has attached the auditor’s resignation letter and relevant details…...
KPMG Kuwait strengthens its Accounting Advisory Services: promotes Essam Ahmed to Partner
4+ day, 15+ hour ago (347+ words) Zawya KPMG Kuwait strengthens its Accounting Advisory Services: promotes Essam Ahmed to Partner Also spans management consulting, risk consulting, and deal advisory KUWAIT CITY: KPMG Kuwait has announced the promotion of Essam Ahmed to Partner – Head of Accounting Advisory Services,…...
Accounting firms oppose forcing clients to swap auditor every 20 years
5+ day, 17+ hour ago (114+ words) afr.com Accounting firms are pushing back against a federal government proposal to force companies to change auditors every two decades, but are willing to accept a requirement that listed companies put their audit contract out to tender at least…...
ICAI Weighs Private Equity Entry for Non-Audit Accounting Services
6+ day, 5+ hour ago (278+ words) Whalesbook The Institute of Chartered Accountants of India (ICAI) has formed an internal committee to evaluate the feasibility of allowing private equity (PE) investment in non-assurance business segments This proposal focuses on areas such as consultancy, advisory, and bookkeeping, excluding…...
KPMG row inspires big companies to ask for cheaper audits
6+ day, 22+ hour ago (12+ words) The Times...