CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup… (2024)

CA Kapil 🇦🇪 Talreja Dubai

Helping Indian CA-CS to Grow Practice in Dubai 🚀 Business Set-up Specialist in Dubai | Freezones & Mainland | Easy Bank Account Opening | Low Tax Cross Border Structuring & Company Setups in Dubai, Singapore, BVI & USA.

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🚨 PwC Banned for 6 Months in China 🚨 One more incident of Big Auditing Firms failing to perform Basic Due Diligence as well.PwC, one of the largest accounting & auditing firms in the world, has been banned from signing off financial statements in China for six months. Why? They were involved in auditing a company called Evergrande, which collapsed. Evergrande Real Estate Group LimitedChina’s government has now fined PwC over $56 million (👉 👉 the highest ever fine levied by china on any auditing firms) and imposed the ban.🔍 What went wrong?PwC China was accused of issuing "false audit reports" about Evergrande.They didn’t follow important auditing steps properly.88% of the records didn’t match what was really happening on the ground!This is a serious issue. For 14 years, PwC audited Evergrande and said everything was fine. Now, Evergrande is in deep trouble due to its debt, and PwC is under fire for missing major problems.🚪 PwC China fired 6 partners and 5 employees involved in this audit. But is this enough to fix things?💭 Some Disturbing Questions from my side:👉 How can an auditing firm miss such massive red flags for 14 years?👉 If a firm like PwC can make such mistakes, how safe are other companies being audited today?👉 Should global accounting firms face stricter rules just like China in other countries as well to prevent such disasters?👉 How should companies and auditors handle such massive failures?#BusinessEthics #Audit #PwC #Evergrande #TalrejaAndTalreja #BusinessSetup #DubaiAudit #CompanySetup #Taxation

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CA Kapil 🇦🇪 Talreja Dubai

Helping Indian CA-CS to Grow Practice in Dubai 🚀 Business Set-up Specialist in Dubai | Freezones & Mainland | Easy Bank Account Opening | Low Tax Cross Border Structuring & Company Setups in Dubai, Singapore, BVI & USA.

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Question also rises on the Abilities & Capabilities of People working in such Firms. & Also on Trainees/Interns/Article Assistants going crazy to join such Big Auditing firms just for the sake of the brand name these firms are having. Knowledge and proper training shall always come first instead of running behind joining such brands.😊

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Kartik Jain

Student at The Institute of Chartered Accountants of India

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The one who are not able to maintain the prestige of our Qualification need to be banned not everything can be weight equal to money ✅

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CA Bunty Talreja ✅ (U.S.A)

USA Taxation | Individual and Business Tax Returns | USA Book Keeping | QuickBooks Certified | Drake IRS | Dubai UAE Set ups | Audit | Taxation

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It was bound to happen anytime.. considering the way some of the big firms are working now a days.

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  • CA Kapil 🇦🇪 Talreja Dubai

    Helping Indian CA-CS to Grow Practice in Dubai 🚀 Business Set-up Specialist in Dubai | Freezones & Mainland | Easy Bank Account Opening | Low Tax Cross Border Structuring & Company Setups in Dubai, Singapore, BVI & USA.

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    𝙏&𝙏 𝘾𝙤𝙣𝙜𝙧𝙖𝙩𝙪𝙡𝙖𝙩𝙚𝙨 #𝙕𝙪𝙙𝙞𝙤 𝙖𝙣𝙙 #𝙏𝙖𝙩𝙖 𝙛𝙤𝙧 𝙤𝙥𝙚𝙣𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 1𝙨𝙩 𝙎𝙩𝙤𝙧𝙚 𝙞𝙣 𝘿𝙪𝙗𝙖𝙞. 😊 (First Venture into International Market)Zudio, a fashion brand under Tata Group's Trent Ltd, first opened its doors in India in September 2016. With 506 stores across India, Zudio is now expanding its footprint, bringing its acclaimed value-for-money fashion to Dubai’s cosmopolitan audience.𝙄𝙩'𝙨 𝙩𝙝𝙚 𝘽𝙧𝙖𝙣𝙙'𝙨 𝙁𝙞𝙧𝙨𝙩 𝙫𝙚𝙣𝙩𝙪𝙧𝙚 𝙞𝙣𝙩𝙤 𝙩𝙝𝙚 𝙄𝙣𝙩𝙚𝙧𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙬𝙞𝙩𝙝 #𝘿𝙪𝙗𝙖𝙞 𝙗𝙚𝙞𝙣𝙜 𝙥𝙧𝙚𝙛𝙚𝙧𝙧𝙚𝙙 𝙖𝙨 𝙁𝙞𝙧𝙨𝙩 𝙘𝙝𝙤𝙞𝙘𝙚.Zudio has opened its new store in Silicon Central Mall, Dubai. We Welcome and give best wishes to them for expanding more into Gulf side in the coming years 🥇Trent Ltd Tata Group

    • CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup… (34)

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  • CA Kapil 🇦🇪 Talreja Dubai

    Helping Indian CA-CS to Grow Practice in Dubai 🚀 Business Set-up Specialist in Dubai | Freezones & Mainland | Easy Bank Account Opening | Low Tax Cross Border Structuring & Company Setups in Dubai, Singapore, BVI & USA.

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    Double Trouble 😅 !! Being a Father of Twins (Son & Daughter) Who is the Real Teacher 🫣 ? Father or these Naughty Twins ? #bestTeacher #TeachersDayIf you ask me, being a Parent of these Twins - They are not just my kids. They are my real teachers. 🍎At the age of 7, they have already sacrificed more 😌 than i have up till this age of 35. They live without a physical support of father in India when i travel Dubai for work for a longer duration. 😌They taught me how to be a father who isn’t just serious and strict but also fun, caring, and loving. From the day they were born, I realized that being a dad is much harder than any job I’ve ever done! 😅At first, I thought I was the one teaching them. I tried to teach them good manners, how to be kind, and how to be patient. But guess what? They were the ones teaching me. 🤣🤣They taught me how to laugh at little things, how to be patient when things don’t go as planned, and how to balance work and play. Sometimes, they ask me questions that are filled with emotions and make me think deeply, like “Papa, Ap Dubai se waapas kab aaoge? We miss you a lot” ❤️They make me explain difficult things in simple ways, so even a child can understand. 🎓My twins have shown me that being a good father isn’t just about making rules. It’s about being there for every smile, every tear, and every “Look, Daddy!” moment. 😘Because of them, I’ve become a better person, both at home and at work. They’ve reminded me that no matter how busy we are, we should always make time for love, care, and fun. 🎉And today, for the first time, I’m sharing one of the funny videos here clicked in Singapore with my kids, introducing them to my LinkedIn family. 🎥👨👧👦LinkedIn LinkedIn Guide to Networking

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  • CA Kapil 🇦🇪 Talreja Dubai

    Helping Indian CA-CS to Grow Practice in Dubai 🚀 Business Set-up Specialist in Dubai | Freezones & Mainland | Easy Bank Account Opening | Low Tax Cross Border Structuring & Company Setups in Dubai, Singapore, BVI & USA.

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    Ab to Asian Paints se colour karna Banta he puri factory pe.. After IPO Grand success 😄😅Is this the Reality of SME IPOs ? #ipo

    • CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup… (43)

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CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup… (47)

CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup… (48)

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