PCAOB Bars Indian Accountants

Parikh logoTwo Indian chartered accountants have been barred from associating with a registered public accounting firm while a third has had his audit activities sharply limited for two years. The Public Company Accounting Oversight Board has taken the action against three partners of P. Parikh & Associates and has revoked the registration of the Mumbai, India-based company, while imposing a civil money penalty of $10,000 on the firm.

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