OnePlus India audit flags glitches, PF payment lags
The auditor of Chinese smartphone maker OnePlus Technology India has flagged irregularities such as hosting accounting software on servers outside India, using software with programme codes in a foreign language, which made it difficult for the auditor to test the codes, and delays on the part of the company in making contributions to the employees’ provident fund.
The smartphone maker said it is in the process of addressing the issues. In its latest filing with the Registrar of Companies on May 27, OnePlus Technology India appended the auditor’s report, which also raised concerns over actions against the company from the Enforcement Directorate (ED) and the Income Tax Department.
