Whistleblower letter alleges accounting irregularities in Infosys

According to Shriram Subramanian Founder and MD, Ingovern Research Services, a proxy advisory firm, the more pressing issue that the letter has brought to the forefront is auditors being prevented to do their job

However according to Shriram Subramanian Founder and MD, Ingovern Research Services, a proxy advisory firm, the more pressing issue that the letter has brought to the forefront is auditors being prevented to do their job. “The audit committee and board need to take it up seriously and give a correct picture to investors” said Shriram. According to the latest annual report the company’s three-member audit committee is headed by independent director D Sundaram with Dr Punita Kumar Sinha and Roopa Kudva being the other member while the board of Infosys is headed by non-executive chairman Nandan Nilekani.

https://www.businesstoday.in/current/corporate/whistleblower-alleges-accounting-irregularities-in-infosys/story/385947.html