On September 15, the company reported that it had got notices for delays and defaults in servicing some of the inter-corporate deposits accepted by it.Subsequent to these defaults, ICRA downgraded its short-term and long-term borrowing programmes.
“The competition was very impressive this year, and we commend the other teams for their incredible work and compelling presentations.” Dawn Lezon, Director of Accounting for the College, added: “Monroe is deeply committed to providing its students with the knowledge, real-world experience, and technical skills that truly help them start their careers on the right foot.
Membership in NABA affords them invaluable personal and professional development opportunities, which is why we have proudly hosted a student chapter on campus since 1996.” The NABA New York Fall Case Study competition is open to undergraduate and graduate students with a 3.3 GPA or higher who are active members of a NABA student chapter.
The annual event, sponsored by ”Big Four” accounting firm Deloitte and hosted at its headquarters in New York City, provides a competitive forum for students to showcase their qualitative, quantitative, and communication skills.
During the competition, participating teams are given a real-world business challenge with business and accounting implications.
The investigation is being put on fast track following a whistleblower letter sent to the SFIO recently.
According to reports by new agency IANS, a lengthy India ban — as much as 5 years — now stares at Deloitte, one of the much-vaunted Big 4.Serious audit irregularities in IL&FS accounts have prompted the Ministry of Corporate Affairs to set sleuths on the trail of Deloitte.Last week, the former CEO of Deloitte was put to a grilling question session by the Serious Fraud Investigation Office (SFIO) on the alleged misconducts and misdemeanors in the IL&FS case.They are (L-R in photo above):“We are extraordinarily proud of our team for their terrific performance at this prestigious event for the business and accounting leaders of tomorrow,” said Stacy Crawford, Ed.D, faculty advisor to the College’s NABA student chapter and the Director of Business Programs on its School of Business and Accounting’s New Rochelle campus.Liberal arts and continuing education programs are also available.It looks like heads have finally begun to roll in the real sense in the IL&FS fraud case, the mammoth Rs 91,000-crore scam that caught India unawares a few months ago the after-affects of which are still being felt in many spheres.If that happens, it will be the second such ban after that of Price Waterhouse, which was debarred in India over the Satyam scam.IL&FS scam revisited The Infrastructure Leasing & Finance Services is the holding company of the IL&FS Group.Founded in 1933, Monroe College is a recognized leader in urban and international education.The College is proud of its innovative programs to increase college access, affordability, and completion outcomes, especially among first-generation students.