Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: TDS :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: ACCOUNTING STANDARDS :: form 3cd :: list of goods taxed at 4% :: VAT RATES :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
ICAI »
 Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration
 Exposure Draft of Transfers of Investment Property, Amendments to Ind AS 40, Investment Property
 Next batch of the Certificate Course on Valuation at Delhi/Noida from 22nd April, 2017.
 Supplementary Notification of Common Proficiency Test scheduled to be held on 18th June, 2017 (Sunday).
 Regarding Inviting application by MCA for filling of 12 posts of Technical Member in National Company Law Tribunal under Section 408 of the Companies Act, 2013
  Certificate Course on Forex and Treasury Management - forthcoming batches at Mumbai, Chennai & Noida.
 Constitution of Group for formulating the Detailed Action Plan - Ministry of Corporate Affairs
 CPE Events 20th March - 25th March 2017
 Invitation for contributions to Question Bank in respect of Information System Audit-(Assessment Test (ISA-AT) (New Syllabus)
 Reconstitution of Group for Rohini Land at Delhi
 Group to review the Terms of Reference of Infrastructure Development Committee

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 2017 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