Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT Audit :: form 3cd :: articles on VAT and GST in India :: due date for vat payment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: empanelment :: TDS :: VAT RATES
  Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS)-Information Technology Test
 CPE Events 19th March - 24th March 2018
 Advertisement for Invitining Consultants to Work With ICAI Accounting Research Foundation on Research Projects (in Chennai)
 Question Bank on IBBI Limited Insolvency Examination
 Here's how you can fix it Made a mistake while filing tax returns?
 Government Nomination on the Bench II and Bench III of the Disciplinary Committee Bench II and III
 Stringent Action Against Adoption of Unfair Means
 Guidance Note on Audit of Banks 2018 edition issued by the Auditing and Assurance Standards Board
 Assessment Test of the Certificate Course on International Taxation organized by the Committee on International Taxation of ICAI -15th April, 2018 (Sunday)
 Advisory for the Members regarding Allocation of Work among the Joint Auditors in case of Bank Audits
  Group to Study the Amendments Proposed by the High Level Committee set up by the MCA

ICAI chief to grill auditors on Sunday
April, 04th 2009

The Institute of Chartered Accountants of India (ICAI), the apex body that regulates the profession, has been permitted to record the statements of the two jailed Price Waterhouse auditors S Gopalakrishnan and Srinivas Talluri on Sunday.

The two are accused in the Rs 7,800 crore fraud at Satyam Computer Services Ltd.

ICAI President Uttam Prakash Agarwal, along with Shantilal Daga, a central council member of the ICAI, would question the two on their role in the fraud. Gopalakrishnan and Talluri were statutory auditors for Satyam, whose founder-head, B Ramalinga Raju, confessed to cooking the companys books for many years.

Incidentally, Gopalakrishnan, who was then suspended by Price Waterhouse, continues to be a member of the ICAI Council, the apex decision-making body.

While Agarwal heads the six-member high-powered ICAI committee formed on January 13 in the aftermath of the Satyam scam, Daga is one of its members.

We would question them about accounting and auditing aspects of the Satyam fraud. Whether standards were followed while auditing the accounts, along with other issues like how many people were involved, said Agarwal, declining to give further details.

The Andhra Pradesh police had arrested Gopalakrishnan and Talluri on January 24 for their alleged role in colluding with Raju to fudge the accounts. As a regulator of the auditing profession, the ICAI had sent a notice to Price Waterhouse and started proceedings against both auditors on its own accord. It had sought permission to interrogate the two in March.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions