NFRA slaps Rs 2 crore fine on Deloitte for ZEE Entertainment audit

Quick Summary:

We remain committed to maintaining the highest standards of audit quality.

However, it said there were deficiencies found in the verification of related party transactions in a few audit engagements.

Responding to the order, a Deloitte spokesperson said, “We have received the order issued by the NFRA against the firm and two retired partners.

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Category: BusinessFinance

Markets: India

Topics: Indian Auditory NFRA Auditors Zee Entertainment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 16:56:09 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24629420

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