New Delhi: The IPO-bound edtech major BYJU’s, which has filed its tax returns for the fiscal year 2020-21, is set to make public the audited financial statement for FY21 from global consulting firm Deloitte very soon, top sources privy to the development said on Monday. The audited financial statement for FY21 from Deloitte may also be made public “within a week” as the consolidation of businesses is complete after “ironing out the complexities” as the edtech unicorn made at least 10 acquisitions for a cumulative transaction value of about $2.5 billion last year, people close to the matter.
According to them, there are “no compliance issues” as the company has filed its FY21 tax returns in the “due diligent manner” and the Deloitte audit report will be made available soon. BYJU’s, which faced intense scrutiny in the past couple of months over several issues ranging from delayed audits and layoffs, made multiple acquisitions in FY21 and each of these acquisitions had a different accounting style and year.
