Analysis

China increases scrutiny of Big Four audit firms after Evergrande probe: report

There are concerns that auditors are not doing enough to uncover corporate wrongdoing.

Deals

Vietnam-based Nguyen Hoang Group said to be selling university assets

Deloitte and Viet Capital have been roped in as advisors to sell HSU and HIU.

Analysis

Funds closed and capital raised by APAC’s PE firms halved in 2023: Deloitte

Only 385 funds in APAC secured a final close in 2023.

Deals

India Digest: JSW Fund I exits Purplle; Investors rope in Deloitte for Groyyo biz; Fetcch snags funding

Blockchain startup Fetcch has secured $1.5m in a pre-seed funding round co-led by HashKey Capital.

Analysis

Deloitte to quit as auditor of Adani Ports over concerns raised by Hindenburg: report

Deloitte in May had pointed to certain transactions flagged by the U.S. short-seller.

Analysis

IPO volume in SE Asia rose 16% in H1 2023 led by Indonesia: Deloitte report

The number of primary listings in the region stood at 85.

Unicorns

BYJU’s tells investors it will file 2022 audited earnings by Sept: report

Last week, Deloitte severed ties with BYJU's over its "long-delayed" financial statements for FY22.

Policy & Regulations

US regulators to start fresh round of audit inspections in HK next week

The inspections are part of a deal with Beijing to prevent delistings of the firms from the New York bourse.

Policy & Regulations

China urges state firms to drop Big Four auditors on data security concerns

Firms have been urged to hire local Chinese or Hong Kong accountants when contracts come up.

Venture Capital

Thai startup ecosystem stuttering due to lack of seed funding, says Deloitte report

The number of seed-stage funding rounds in the country halved to 15 in 2022 from 2019.