CosmicTaco

Deloitte Fined Rs 2 Crore for Audit Lapses

CosmicTaco · 2024-12-25T10:42:26.296602+05:30

- The National Financial Reporting Authority (NFRA) fined Deloitte Haskins & Sells LLP Rs 2 crore for audit lapses at Zee Entertainment Enterprises Ltd during 2018-19 and 2019-20. - Chartered accountants AB Jani and Rakesh Sharma were also fined and barred from audit work for 5 and 3 years, respectively. - Deloitte has faced multiple fines globally, including $2 million in Indonesia and Philippines, $31 million in China, and £15 million in the UK. Source: [Ndtv](https://www.ndtv.com/business-news/deloitte-fined-rs-2-crore-over-lapses-in-zee-audit-here-are-other-cases-7326489), [Ndtv](https://www.ndtv.com/india-news/deloitte-gets-rs-2-crore-penalty-over-zeel-audit-heres-why-7326335)

The National Financial Reporting Authority (NFRA) fined Deloitte Haskins & Sells LLP Rs 2 crore for audit lapses at Zee Entertainment Enterprises Ltd during 2018-19 and 2019-20.
Chartered accountants AB Jani and Rakesh Sharma were also fined and barred from audit work for 5 and 3 years, respectively.
Deloitte has faced multiple fines globally, including $2 million in Indonesia and Philippines, $31 million in China, and £15 million in the UK.

Source: Ndtv, Ndtv