The Business Times

Auditor

Companies & Markets

Cordlife says directors committed to waive fees for FY24; defends choice of auditor ahead of EGM

The new code is being rolled out after the collapse of builder Carillion, retailer BHS, energy group Bulb, Patisserie Valerie and other high-profile corporate failures, which prompted government-backed reviews that recommended root-and-branch reform of auditing and corporate governance
International

Internal auditors urged to adopt new UK code to win back trust

A PWC corporate logo hangs on the side of a building housing the company's Shanghai office in Shanghai, China, on Saturday, Jan. 28, 2022. Photographer: Qilai Shen/Bloomberg
Companies & Markets

China weighs record fine for PwC over Evergrande auditing work

Regulators fear auditors are failing in their role as a last line of defence for investors against corporate shenanigans
Opinion & Features
THE BOTTOM LINE

Why don’t auditors find fraud?

KPMG's is retiring as Cordlife's external auditor as it says it is not able to obtain “sufficient appropriate audit evidence” to provide a basis for an audit opinion on several areas.
Companies & Markets

Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials

Sino Grandness has been suspended from trading since December 2020.
Companies & Markets

Auditor issues disclaimer of opinion on Sino Grandness’ FY2020 financial statements

ComfortDelGro head office located along Braddell Road on Nov 25, 2021.
Companies & Markets

ComfortDelGro's shareholders reject Deloitte as auditor

There’s an inherent conflict of interest in offering consulting services to the same executives whose homework you’re meant to be marking.
Columns
The Bottom Line

Which side of an EY breakup do you want to be on?

KPMG faces litigation by embattled Hyflux, which is under liquidation.
Companies & Markets

Hyflux group takes legal action against former auditor KPMG over alleged contract breach

Malaysia's 1MDB appoints Parker Randall as auditor
International

Malaysia's 1MDB appoints Parker Randall as auditor

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