After PW India, Deloitte refuses to offer non-audit services to clients

After Price Waterhouse (PW) India, Deloitte Haskins & Sells has said its network of firms in India will not offer non-audit services to public interest entities they audit here, a press statement said.

Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients.

“We believe this would increase public confidence in auditor independence and quality and will remove ambiguity in a public and business environment that demands greater clarity about our services,” a spokesperson from Deloitte said on Sunday.