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The Big Four accounting firms Photo: Shutterstock.com

A scheduled hearing in India regarding the Big Four accounting firms’ practice of law has been cancelled amid negotiations with regulators and the government that could lead to the auditors gaining permission to practice law in India.

In May, the Indian operations of Deloitte, EY, KPMG and PricewaterhouseCoopers all received letters from the Bar Council of Delhi alleging the auditors are illegally practicing law in the country and informing them they are barred from doing so until further notice. All four said they had not been practicing law in India.

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John Kang, The Asian Lawyer

John Kang covers the business of law in Asia and Australia from Hong Kong. Email him at [email protected]

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