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NFRA CHAIRPERSON
Former CBDT chairman Nitin Gupta appointed chairperson of National Financial Reporting AuthorityThe Appointments Committee has approved key appointments. Nitin Gupta, ex-CBDT chairman, will now lead the National Financial Reporting Aut...
Ravneet Kaur gets additional charge as NFRA chairpersonThe move came after Ajay Bhushan Prasad Pandey's term as the head of the audit regulator got over on March 31. The additional charge will b...
Aligning Indian auditing with global standards to boost investor confidence, attract more funds: NFRA chiefIndia's National Financial Reporting Authority (NFRA) chief advocates aligning auditing standards with global norms to boost investor confi...
Auditing of companies has improved in last 3-4 yrs: NFRA ChairpersonThe National Financial Reporting Authority (NFRA) chief emphasized that audit quality has improved in the past few years. However, better c...
It's collective responsibility to improve corporate governance, follow global standards: NFRA ChiefAjay Bhushan Pandey highlighted the need for sustained corporate governance reforms. Company management, independent directors and audit co...
NFRA's efforts are to incorporate best global accounting, auditing standards, says chairmanNFRA Chairperson Ajay Bhushan Prasad Pandey emphasized the need for India to adopt global accounting and auditing standards to nurture big ...
NFRA and ICAI at odds over plan to sync audits with global normsThe National Financial Reporting Authority and the Institute of Chartered Accountants of India are at odds over proposed changes to domesti...
When facing problems, cos should also look at strengthening audit committees, independent directors: NFRA chiefWhen companies are facing problems, they should also look at strengthening their audit committees and empowering independent directors, NFR...
Auditors' red flag in time could have averted many financial misdoings: NFRA chiefEmphasising that things work on trust, Ajay Bhushan Prasad Pandey said the NFRA should not be seen merely as an enforcement agency. "Only i...
Government appoints ex-finance secretary Ajay Bhushan Pandey as NFRA chiefThe Appointments Committee of the Cabinet (ACC) has approved the appointment of former revenue secretary ABP Pandey as the chairperson of N...
NFRA committed to discharging statutory duties: Chief Ashok Kumar GuptaIn October 2018, National Financial Reporting Authority was constituted under Sub Section (1) of Section 132 of the Companies Act, 2013.
NFRA needs to have standalone legislation, says chairperson R SridharanSridharan said the NFRA operates under a single section of the Companies Act. The section does not provide comprehensive coverage of all th...
Govt seeks applications for NFRA chairperson, members postsAs per the rules, the chairperson and full-time members of NFRA should not be associated with any audit firm during their tenure as well as...
Govt issues norms for appt of NFRA chairperson, membersLess than a month after the Cabinet approved setting up of the NFRA, the Corporate Affairs Ministry has come out with the norms for appoint...
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...
Government rolls out road map to fully execute Companies ActThe corporate affairs ministry on Friday notified rules for IEPFA. Search for the chairperson and members will commence soon.
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.