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NFRA CHAIRMAN
Sebi bars Chairman Mehta from trading in Rajesh Exports sharesSecurities and Exchange Board of India has barred Rajesh Mehta, chairman of Rajesh Exports, from trading company shares. A forensic probe u...
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...
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...
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...
Govt appoints former CBDT chief Nitin Gupta as NFRA ChairpersonNitin Gupta, the former Chairman of CBDT, has been appointed as the Chairperson of the National Financial Reporting Authority (NFRA). Smita...
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...
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 slaps Rs 10-cr penalty on BSR & Associates in Coffee Day case, debars two auditors“The foregoing discussion in this order is replete with the instances of the lapses in audit, the infraction of the law and non-adherence t...
Audit panels of companies should step up engagement with auditors: NFRA chief Ajay Bhushan Prasad PandeyThe primary responsibility of corporate boards is to protect shareholders’ interests and ensure good governance, the chief of the audit reg...
Audit panels of companies can’t escape blame by citing auditors’ failure: NFRA chiefNFRA chairman Ajay Bhushan Pandey emphasized the audit committee's responsibility in ensuring accurate financial statements, even if audito...
Financial reporting community needs to learn from India’s start-up success story, says NFRA chairman“India ranks third globally in terms of the number of start-ups that are becoming unicorns. We all should collectively think if we can do t...
Letters sent to affiliates of Deloitte, EY, KPMG, Grant Thornton, and two CA firms based in Ahmedabad; Adani Group says it complies with relevant accounting standards & lawsThe National Financial Reporting Authority (NFRA) has requested audit affiliates of Deloitte, EY, KPMG, Grant Thornton, and two Ahmedabad-b...
Due diligence must for auditors, says NFRA chief Ajay BhushanAudit regulator NFRA's chief Ajay Bhushan Prasad Pandey on Friday said auditors should follow the due process and auditing should not be ju...
New accounting standard for insurance soonThe ministry of corporate affairs (MCA) has received recommendations by the National Financial Reporting Authority (NFRA) on the Indian Acc...
NFRA reviews proposals for new accounting standards for insurance contractsNFRA will share its recommendations with the ministry of corporate affairs, which will consider the Ind AS 117 and notify the standards und...
National Financial Reporting Authority planning audit advisoriesThis, Pandey said, is aimed at bringing more awareness among companies and chartered accountants about the regulatory requirements of audit...
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...
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...
Government plans new agency to keep check on Chartered AccountantsWhile Companies Act 2013 had provided for NFRA as a regulatory agency for audit, accounts and financial reporting, Section 132 of the law h...