OnePlus India Audit Flags Compliance & Operational Issues

The filing appended the auditor’s report that flagged the risk of potential action from the Enforcement Directorate (ED) and the Income Tax Department

Auditors flagged the use of foreign-hosted accounting software, usage of program codes in a foreign language and delayed provident fund contributions

The filing further noted that the company has taken the steps for making the outstanding payment of contribution in the employee provident fund for FY24

Amid heightened…