Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures

Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures


Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures
Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures

Mumbai Market News

Deloitte is now under regulatory scrutiny for ignoring red flags in the audit of Zee Entertainment, in which the National Financial Reporting Authority (NFRA) has highlighted serious irregularities. On December 23, the National Financial Reporting Authority (NFRA) imposed a fine of Rs 2 crore on Deloitte, barred partner AB Jani from conducting audits for five years and debarred another partner Rakesh Sharma for three years. The order adds to the regulatory issues Deloitte is facing.

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