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Deloitte Stops Non-audit Services to Public Interest Entities in India

A file photo of the Deloitte logo outside the company's office in Gurugram, Haryana. (Reuters)

A file photo of the Deloitte logo outside the company's office in Gurugram, Haryana. (Reuters)

The company said the move would increase the public's confidence in auditor independence and quality and will remove ambiguity.

  • PTI
  • Last Updated: February 16, 2020, 6:03 PM IST
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New Delhi: Auditing major Deloitte Haskins & Sells and its network firms in India will no longer offer non-audit services to public interest entities that they audit in the country, the company said on Sunday.

It said that this voluntary action is in the spirit of self-regulation and extends beyond non-audit services permissible under prevailing rules and regulations in India.

"We believe this would increase the public's confidence in auditor independence and quality and will remove ambiguity in a public and business environment that demands greater clarity about our services," a spokesperson from Deloitte said.

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