NFRA has fined Deloitte Haskins & Sells LLP of Rs 2 crore for alleged lapses in auditing Zee during the 2018-19 and 2019-20 financial years.
The main conceptual idea is that Deloitte Haskins & Sells LLP has been penalized by the National Financial Reporting Authority (NFRA) for auditing lapses related to Zee Entertainment Enterprises Limited for the financial years 2018-19 and 2019-20. This case highlights a recurring issue of Deloitte facing scrutiny and penalties for alleged shortcomings in its audit practices.