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Us Securities And Exchange Commission And Public Company Accounting Oversight Board

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'Shocking That PM Gave Investing Advice'

 'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.''A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains......

PricewaterhouseCoopers functioning under SC lens

 The functioning of UK-based multinational accounting firm PricewaterhouseCoopers Pvt Ltd and its network audit firms in India came under judicial scrutiny with the Supreme Court agreeing to hear a......

Ex-directors of Satyam win ruling in US class-action suit

 A US federal judge dismissed claims against seven former directors of Satyam Computer Services Ltd in shareholder lawsuits stemming from the massive fraud at the heart of India's largest corporate......

Even 10 years after Satyam, audit quality remains a concern

 Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask......

SEC imposed fine of $17.5 mn on Satyam, PW India

 In a major development in the Satyam fraud case, US regulators on Tuesday fined the software firm and its auditors PriceWaterhouse India up to $17.5 million for the accounts bungling that went......

US SEC charges China affiliates of top accounting firms

 US regulators have charged the Chinese arms of the world's five top accounting firms with securities violations, raising tensions in a regulatory standoff which experts say could kill off US......

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