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NFRA AUDIT STANDARDS
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...- 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...
- 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...
- 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...
- Place audit orders in public domain to boost trust: CIC to NFRAThe Central Information Commission has urged the National Financial Reporting Authority to publish all orders, directions, and policy decis...
- ICAI looks to set a brand new standardThe Institute of Chartered Accountants of India plans to submit its own revised auditing standard to the government. This move could reigni...
- ICAI can't notify audit quality norms, says SG Tushar MehtaThe ICAI is not authorized to issue standards on quality management or amend audit norms for accountancy firms. This responsibility lies wi...
- 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...
- New audit regime in sync with Viksit Bharat vision: NFRA chiefThe National Financial Reporting Authority (NFRA) proposes aligning Indian audit standards with global norms by April 2026. The chairman em...
- NFRA board proposes new audit regime in India from April 2026The National Financial Reporting Authority (NFRA) proposes a new accounting regime for India, aligning auditing standards with global norms...
- NFRA may take up revision of 35 audit standards next weekThe National Financial Reporting Authority (NFRA) and the Institute of Chartered Accountants of India (ICAI) are headed for another clash. ...
- 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....
- 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 ...
- Fears over proposed revamp of audit standards misplaced: NFRAThe National Financial Reporting Authority (NFRA) has dismissed concerns that revamping domestic audit standards to align with global norms...
- 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...
- NCLAT upholds NFRA penalty on DHFL auditorsThe National Company Law Appellate Tribunal has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors...
- 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...
- IL&FS Financial Services: NFRA finds lapses in 2017-18 statutory auditNew Delhi, Aug 17 () The National Financial Reporting Authority (NFRA) has found various lapses in the statutory audit of IL&FS Financial S...
- IFIN case: Regulator says Deloitte didn’t comply with guidelinesNFRA has said that Deloitte had failed to comply with auditing standards in carrying out statutory audit of IL&FS.
- 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.
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