Byju’s auditor BDO quits citing concerns over forensic audit, CEO Raveendran views exit as ’suspicious’

BDO, the auditor firm for the ed-tech startup Byju’s, resigned in the middle of a worsening situation at the company, reported Moneycontrol quoting an email on Saturday, September 7. The stepdown comes at a time when the company is facing multiple legal cases from insolvency proceedings to employee and vendor dues, as per the news report.

According to the report, BDO (MSKA & Associates) took charge as the auditor for Byju’s and Aakash Educational Services for the next five years in June 2023 after the previous auditor, Deloitte, resigned, citing irregularities in the company.