ICAI to Complete Review of Fin Statements of IndusInd Bank, Gensol in 6 Months

ICAI to complete review of fin statements of IndusInd Bank, Gensol in 6 months

ICAI to complete review of fin statements of IndusInd Bank, Gensol in 6 months

ICAI To Complete Review Of Financial Statements Of IndusInd Bank, Gensol In Six Months

Chartered accountants' apex body ICAI on Wednesday said it will take at least six months to complete the review of the financial statements of fraud-hit IndusInd Bank and Gensol Engineering and ascertain whether there were audit lapses at the two entities.ICAI's Financial Reporting Review Board (FRRB) has started reviewing the financial statements of the two entities and depending on the findings, disciplinary action will be initiated against th…

NFRA Issues Notice to IndusInd Bank Auditors Over Audit Lapses

NFRA Issues Notice to IndusInd Bank Auditors Over Audit Lapses The National Financial Reporting Authority (NFRA), India’s accounting and auditing standards regulator has served notice to the existing and former auditors of IndusInd asking details related to the lender’s audit. As per Economic Times news sources, “Since there have been accounting irregularities in the IndusInd […]