Articles for tag: Alleging, Auditor, backdated, BDOs, Byjus, Defies, Demands, Dramatically, Escalate, insolvency, Ongoing, Proceedings, Reports, Resignation, Tensions, Unethical

Market News

Byju’s defies auditor BDO’s resignation, alleging unethical demands for backdated reports amid ongoing insolvency proceedings. Tensions escalate dramatically.

Byju’s defies auditor BDO’s resignation, alleging unethical demands for backdated reports amid ongoing insolvency proceedings. Tensions escalate dramatically.

Byju’s, the troubled edtech company, has responded to the resignation of its auditor BDO, claiming that BDO made unethical requests, including asking to backdate reports. Byju’s insists it complied with all legal requests but refused to engage in any illegal activities. They also argued that BDO’s resignation came after the 45-day deadline for additional information, ...

Market News

Byju’s faces turmoil as auditor BDO resigns amid insolvency, triggering a forensic audit, while the company’s value plunges dramatically.

Byju’s faces turmoil as auditor BDO resigns amid insolvency, triggering a forensic audit, while the company’s value plunges dramatically.

Byju’s, the Indian edtech giant, is facing significant challenges as its auditor, BDO Global, has resigned amid ongoing insolvency proceedings. The company claims it could not provide the requested documents because its board is currently suspended due to these proceedings. Byju’s has requested a forensic audit of BDO’s resignation, which was ordered by an insolvency ...

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