Govil said that discussions are going on with the Reserve Bank of India around accounting standards for the banking industry and they may come out soon
Areas such as AI, cloud computing, data analytics and cybersecurity see 'significant hiring'
For decades, large multinational corporations have rushed to India's biggest metropolises, chiefly Mumbai, Delhi and Bengaluru
Where valuation has overpowered value and revenue recognition is a grey area, new accounting metrics is seeing new-age ventures jump through hoops
Zoho, which so far was focused on India, is expanding its footprint in countries such as Latin America, Mexico and Africa
(Reuters) - Ernst & Young is evaluating options to improve their audit quality, Chief Executive Carmine Di Sibio said on Thursday in an internal memo seen by Reuters, at a time when the Big Four accounting firms are often blamed for their lack of independence.
The guidelines, published by China's State Council, or cabinet, come as Beijing launches a flurry of regulatory crackdowns against sectors ranging from Internet to tutoring
Indian entrepreneur files lawsuit, naming accounting giant as a co-conspirator in the fraud alongside former executives.
This comes as relief to businesses across the spectrum
Britain's business minister Greg Clark has said he would legislate to implement the Competition and Markets Authority's recommendations