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NFRA ANNUAL REPORT
Audit committees need to ensure independence of auditors: NFRA ChairpersonNFRA Chairperson Nitin Gupta emphasized the importance of audit committees ensuring auditor independence and good corporate governance. He ...28 Aug, 2025, 04.05 PM IST- NFRA's next inspection to target audit firms with large client baseThe NFRA plans to focus on auditing firms with significant listed company audits, using data analytics to detect potential issues. Chairman...28 Feb, 2025, 12.01 AM IST
- NFRA suggests 40 audit standards for LLPs to govtThe National Financial Reporting Authority (NFRA) recommended 40 auditing standards for limited liability partnerships (LLPs) to the corpor...25 Nov, 2024, 10.16 PM IST
- First NFRA annual report on eight audit firms by NovemberThe National Financial Reporting Authority (NFRA) is set to conduct its first annual inspection of eight audit firms, including the Big Fiv...19 Jun, 2024, 01.05 AM IST
- NFRA to engage with some big listed companies on audit complianceThe regulatory outreach could involve the NFRA's engagement with audit panels, independent directors, chief financial officers and others o...27 May, 2024, 12.46 AM IST
- NFRA changes tack, ramps up focus on supervision to boost audit ecosystem: Chairman AB PandeyThe National Financial Reporting Authority (NFRA) in India has shifted its approach from a predominantly enforcement-driven regulator to on...06 Mar, 2024, 12.12 AM IST
- NFRA plans annual auditor checksThe regulator's plan comes after it released, late in December 2023, inspection reports on deficiencies in the audit processes of major fir...09 Jan, 2024, 07.29 AM IST
- NFRA finds certain lapses in audit quality of network entities of Big 4The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality co...23 Dec, 2023, 01.09 AM IST
- NFRA bans two auditors for up to 10 years for lapses in DHFL’s FY18 auditsIn two separate orders, made public on Wednesday, the regulator has banned Jignesh Mehta for taking up audits for 10 years and Amit Vinay C...07 Dec, 2023, 12.48 AM IST
- DHFL case: NFRA debars 18 auditors for up to a year for lapsesThey have been barred from "being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial stateme...02 Oct, 2023, 12.18 AM IST
- NFRA imposes fine, bans auditors for 1 yr for misconduct in audit of DHFL branchesAs per the order, NFRA's investigation revealed that the appointment of none of the 33 branch auditors was approved at the Annual General M...15 Apr, 2023, 06.25 PM IST
- Annual transparency report may be must for audit firmsThe report will contain critical information about operational activities, management governance and ownership structures of the audit firm...17 Jan, 2023, 12.31 AM IST
- NFRA to introduce annual transparency report requirement for audit firmsIn a first of its kind move aimed at improving audit quality, the National Financial Reporting Authority (NFRA) on Monday proposed introduc...16 Jan, 2023, 04.51 PM IST
- NFRA publishes list of auditors who have not filed returns for FY20According to rules, all auditors are required to file their annual returns with NFRA by filling a form NFRA-2 on or before 30 November ever...14 Oct, 2022, 01.38 AM IST
- Extra teeth to tackle corporate misconductThe Companies Act now restricts NFRA to investigating misconduct by auditors. It is toothless to deal with violations that exceed this narr...28 Apr, 2022, 11.11 PM IST
- Govt wants auditors to disclose every detail, including adverse comments & observationsThe govt is set to notify a new form that will require auditors to file all key findings about companies.04 Sep, 2019, 09.52 AM IST
- NFRA to get powers to investigate companies, audit firmsNFRA, the proposed apex body for accounting and auditing standards, will have powers to probe and review audits of companies.22 Oct, 2013, 06.49 PM IST
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