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AUDIT REGULATOR NFRA
Audit watchdog to split disciplinary & probe functions, set up 4 divisionsThe National Financial Reporting Authority (NFRA) is restructuring its operations by creating separate wings for investigation and discipli...01 May, 2026, 11.10 AM IST- Sebi fines Axis Trustee Services Rs 10 lakhsSebi has fined Axis Trustee Services ₹10 lakh. The penalty is for not promptly disclosing a ruling against former REIT executive Aravind Ma...30 Apr, 2026, 06.13 AM IST
- India may soon notify new audit standards after prolonged regulatory tussleIndia's corporate affairs ministry is set to announce new audit rules. These changes will bring Indian standards in line with global practi...03 Apr, 2026, 12.47 PM IST
- ICAI defers adoption of new quality management standards by accountancy firmsThe Institute of Chartered Accountants of India has postponed its new quality management standards. These standards were set to be implemen...01 Apr, 2026, 05.28 PM IST
- NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...27 Mar, 2026, 11.34 PM IST
- NFRA report flags audit lapses at firms linked to PwC, EY, KPMG, BDOIndia's financial watchdog, NFRA, has released inspection reports on major audit firms. These reports highlight issues with audit independe...17 Mar, 2026, 06.00 PM IST
- NFRA, ICAI mull mechanism to boost regulatory coordinationTo promote harmony and effective collaboration, India’s premier audit watchdogs, NFRA and ICAI, are setting up a systematic approach for be...16 Mar, 2026, 12.18 AM IST
- NFRA issues toolkit to help auditors detect errors in financial statementsThe National Financial Reporting Authority has issued a new toolkit to help small and medium accounting firms better assess risks of materi...01 Jan, 2026, 11.25 PM IST
- NFRA issues toolkits to improve quality of audit by small, mid-sized accounting firmsThe National Financial Reporting Authority is releasing new toolkits for small and medium accounting firms. These guides focus on fundament...03 Nov, 2025, 09.51 PM IST
- NFRA to start outreach programmes from September 26 to improve audit ecosystemThe NFRA is set to conduct outreach programs in multiple cities, starting with Hyderabad and Indore, to strengthen engagement with audit pr...18 Sep, 2025, 10.46 PM IST
- Issuing audit quality standards within our remit: ICAI writes to MCA amid ongoing tussle with NFRAThe ICAI has informed the corporate affairs ministry that it has the authority to issue quality management standards for accountancy firms....24 Oct, 2024, 12.15 PM IST
- NCLAT upholds NFRA’s power. What does it mean for auditors and larger financial sectorThe NFRA can also recommend accounting and auditing policies and standards to the government for adoption. Before it was set up, the Instit...06 Dec, 2023, 11.15 AM IST
- Government committed to further strengthening National Financial Reporting AuthoritySpeaking at an event organised by NFRA as a part of Azadi Ka Amrit Mahotsav (AKAM) celebrations, Ministry of Corporate Affairs Secretary Ra...11 Jun, 2022, 06.53 PM IST
- Delhi High Court grants interim relief to IL&FS audit partners from NFRA orderThree partners of Deloitte India, Udayan Sen, Shrenik Beid and Rukshad Daruvala, had filed a writ petition in the high court challenging th...18 Aug, 2020, 08.23 PM IST
- Audit firms examine NFRA order in ILFS case, to plan for future implicationsThe NFRA report has again put a spotlight on the confusion on what services can be provided by an auditor to its audit clients.25 Jul, 2020, 12.11 PM IST
- NFRA seeks client details from auditorsThe audit regulator seeks info on audit processes, number of clients, non-audit work done for them and fees.14 Dec, 2019, 08.28 AM IST
- Cabinet clears setting up of NFRA to oversee auditorsThe decision comes against the backdrop of various auditing lapses in the banking sector, including the Rs 12,700 crore fraud at Punjab Nat...01 Mar, 2018, 09.37 PM IST
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