New Sebi rule make accountants more accountable

Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.Shrimi Choudhary reports. Photograph: Shailesh......

PNB scam: What role did the auditors play?

While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm......

IFRS switch: Govt confident, industry not sure

The corporate affairs ministry and the Institute of Chartered Accountants of India (ICAI) are confident of meeting the April 2011 deadline to shift to International Financial Reporting Standards......

Sebi opens Esops to nominee-directors

Directors nominated by financial institutions are now eligible for employee stock options, provided the director and nominating institutions sign an agreement on this and a copy of it is given to......