Page 2 - Pwc

Biz must build on sustained outcome in post-Covid world: Sanjeev Krishan

Chairman, PwC in India, explains the impact of the new strategy initiatives on clients, employees and the marketplace

UK watchdog investigates auditors of Greensill Capital, Wyelands Bank

Britain's accounting regulator said it has opened an investigation into how PwC audited the accounts of Wyelands, the bank owned by steel tycoon Sanjeev Gupta's metals-to-finance empire GFG Alliance

PwC plans $12-billion investment for 100,000 new jobs, says report

The Big Four accounting firm looks to increase its workforce by more than a third by 2026

Saudi local office must for foreign firms to get state contracts from 2024

The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices

Govt can look to provide tax deduction for employees working from home: PwC

Following the outbreak of COVID pandemic early last year, many companies adopted a work from home policy for their employees.

India leads the world in AI adoption amid the Covid-19 pandemic

According to a global study by PwC India, the highest increase in use of artificial intelligence (AI) during Covid-19 times has been witnessed in India.

Kerala HC stays govt decision to bar PwC for 2 yrs in IT-related projects

The company alleged that the government took the decision violating the principles of natural justice

PwC affiliate quits as Carlsberg India auditor, avoids opinion for 2nd year

The latest results, like last year's, have not been approved by the board's three Khetan representatives but have been signed off by the seven nominated by Carlsberg, the sources said

Sanjeev Krishan to take over as PwC India chairman starting Jan 1 next yr

Prior to this, Sanjeev had been the head of deals practice at the company

Tech supervision: Firms embrace digital screening to check new hires

Companies are opting for digital screening of prospective recruits to overcome the difficulty of physical checks during the pandemic, write Sai Ishwar and Bibhu Ranjan Mishra

Four-fifths of CEOs expect Covid pandemic to entrench remote working: PwC

New York, London and some other major cities currently have only a fraction of their normal workforce in offices as employers and governments have told staff to work from home

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Cox & Kings forged financials; siphoned off Rs 4,387 cr: Audit report

In August 2019, the lenders had appointed audit firm PwC to examine the CKL

Flipkart digs deep into India's fintech market; clocked 40% growth in 2019

From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.

Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study

Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors

Experts raise alarm bells on talent flight amid crackdown on audit firms

On the other hand, officials at regulatory and enforcement agencies said the audit firms tend to put the blame on individuals after finding themselves in the dock for their alleged role in frauds

Sebi moves Supreme Court against SAT's order in Price Waterhouse case

Many believe the SAT order has cast doubt over Sebi's regulatory turf and whether it has the power to impose strictures against auditors

Satyam scam: In setback for Sebi, SAT quashes 2-year audit ban on PwC

SAT says Sebi has no authority to look into the quality of audit and auditing services

Govt wants competition watchdog to review 'Big Four' auditing firms: Report

CCI will be asked to study if the accountancy firms are misusing their dominant positions

PwC's $5.8 mn UK fine strengthens demand to break up Big Four audit firms

This latest transgression adds to the scrutiny of PricewaterhouseCoopers, Deloitte, EY and KPMG, which together control more than 90% of UK audits for large companies