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Tag: audit

China’s Chery, BYD may have to repay subsidies after audit finds irregularities
Posted in Business

China’s Chery, BYD may have to repay subsidies after audit finds irregularities

Estimated read time 2 min read
Posted on July 12, 2025
by Joelgalvan

SHANGHAI/BEIJING (Reuters) -China’s Chery and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in…

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UK’s FRC publishes guidance on AI use in audit
Posted in Business

UK’s FRC publishes guidance on AI use in audit

Estimated read time 3 min read
Posted on June 30, 2025
by Joelgalvan

The UK’s Financial Reporting Council (FRC) has issued its inaugural guidance offering clarity to audit profession on the application of…

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‘India needs its own Big Four’: Grant Thornton Bharat CEO Vishesh Chandiok calls for homegrown audit giants
Posted in Business

‘India needs its own Big Four’: Grant Thornton Bharat CEO Vishesh Chandiok calls for homegrown audit giants

Estimated read time 5 min read
Posted on June 27, 2025
by Joelgalvan

Vishesh Chandiok, CEO of Grant Thornton Bharat LLP, notes that India’s auditing landscape either has the Big Four or smaller…

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KPMG fined for breaching audit independence rules
Posted in Business

KPMG fined for breaching audit independence rules

Estimated read time 3 min read
Posted on June 12, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Tax dodging by rich could be ‘much greater than thought’, says UK audit office
Posted in Business

Tax dodging by rich could be ‘much greater than thought’, says UK audit office

Estimated read time 4 min read
Posted on May 15, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

Learn More Leave a Comment on Tax dodging by rich could be ‘much greater than thought’, says UK audit office
FRC report highlights key issues in NHS audit market
Posted in Business

FRC report highlights key issues in NHS audit market

Estimated read time 3 min read
Posted on May 15, 2025
by Joelgalvan

The Financial Reporting Council (FRC) has released a report on the NHS audit market, providing insights to aid the government’s…

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Sebi comes out with composition of internal audit team for CRAs
Posted in Business

Sebi comes out with composition of internal audit team for CRAs

Estimated read time 1 min read
Posted on May 14, 2025
by Joelgalvan

Markets regulator Sebi on Wednesday expanded the list of eligible professionals who can be part of the internal audit team…

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Audit Peak earns ‘pass’ rating under AICPA Peer Review
Posted in Business

Audit Peak earns ‘pass’ rating under AICPA Peer Review

Estimated read time 2 min read
Posted on May 13, 2025
by Joelgalvan

US-based CPA firm Audit Peak has secured a ‘pass’ rating in a peer review conducted under the AICPA Peer Review…

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Republicans plan to scrap US audit regulator
Posted in Business

Republicans plan to scrap US audit regulator

Estimated read time 2 min read
Posted on April 26, 2025
by Joelgalvan

Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your…

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Cats in audit crosshairs over third-party claims, Lalor cleared for Tigers debut, floods cause chaos at Lions
Posted in Sports

Cats in audit crosshairs over third-party claims, Lalor cleared for Tigers debut, floods cause chaos at Lions

Estimated read time 5 min read
Posted on March 11, 2025
by Joelgalvan

A Set small text size A Set the default text size A Set large text size Geelong could face hefty…

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