Dailyhunt parent VerSe’s internal controls inadequate, says Deloitte audit

Deloitte has flagged deficiencies in the internal controls of VerSe Innovation — the parent company of Dailyhunt and Josh — for the financial year ending March 31, 2024, warning that these lapses could potentially lead to material misstatements across the company’s operations. Deloitte is the auditor for VerSe Innovation, and its remarks were made as part of the company’s FY24 financial statements.In a filing sourced from Tofler, Deloitte said VerSe lacked appropriate internal controls over the selection and evaluation of suppliers, approval…