Accounting Firms
Accounting practices at start-ups in India come under the scanner
Where valuation has overpowered value and revenue recognition is a grey area, new accounting metrics is seeing new-age ventures jump through hoops
 "Accounting practices at start-ups in India come under the scanner")
Saas-based accounting platform Zoho Books has eyes on world markets
Zoho, which so far was focused on India, is expanding its footprint in countries such as Latin America, Mexico and Africa
 "Saas-based accounting platform Zoho Books has eyes on world markets")
EY evaluating strategic options to improve audit quality, says CEO
(Reuters) - Ernst & Young is evaluating options to improve their audit quality, Chief Executive Carmine Di Sibio said on Thursday in an internal memo seen by Reuters, at a time when the Big Four accounting firms are often blamed for their lack of independence.
 "EY evaluating strategic options to improve audit quality, says CEO")
China strengthens supervision of accounting firms in fight against forgery
The guidelines, published by China's State Council, or cabinet, come as Beijing launches a flurry of regulatory crackdowns against sectors ranging from Internet to tutoring
 "China strengthens supervision of accounting firms in fight against forgery")
EY accused of concealing US health firm's audit fraud from investors
Indian entrepreneur files lawsuit, naming accounting giant as a co-conspirator in the fraud alongside former executives.
 "EY accused of concealing US health firm's audit fraud from investors")
Govt defers mandatory use of transparent accounting software use by year
This comes as relief to businesses across the spectrum
 "Govt defers mandatory use of transparent accounting software use by year")
UK watchdog orders ringfencing of Britain's Big Four audit business
Britain's business minister Greg Clark has said he would legislate to implement the Competition and Markets Authority's recommendations
 "UK watchdog orders ringfencing of Britain's Big Four audit business")
