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Byju’s auditor BDO quits, CEO Raveendran views exit as ’suspicious’ | Mint

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Auditor firm BDO has resigned from its position auditing Indian ed-tech startup Byju's due to a worsening situation at the company. Byju's is currently facing legal cases, including insolvency proceedings and unpaid dues to employees and vendors. BDO had taken over from previous auditor Deloitte in 2023, but requested a forensic audit in July after Byju's insolvency plea. Byju's CEO Byju Raveendran has claimed that BDO's resignation is due to the company's refusal to engage in illegal activities such as back-dating documents and filings. BDO has responded by citing a lack of transparency at Byju's as the reason for their resignation.