CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
20 May, 2026, 04.22 PM 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
Big jolt for Indian exporters as shipping rates up 40% on higher fuel & insurance costs amid Iran warAs the winds of global trade shift, Indian exporters are grappling with soaring shipping expenses. The cost of container transport is skyro...
01 Apr, 2026, 12.34 AM IST
ICAI bats for division of audit onus; signals truce with NFRA after a yearThe Institute of Chartered Accountants of India is set to propose a clear division of responsibility between principal auditors of corporat...
15 Dec, 2025, 05.30 AM IST
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...
31 Oct, 2025, 10.11 AM IST
ICAI expects to finalise international networking guidelines for CA firms this fiscalICAI plans new guidelines for Indian CA firms to go global. The institute aims to create larger firms that can compete internationally. ICA...
23 Dec, 2024, 06.10 PM IST
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...
08 Dec, 2024, 04.56 PM IST
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...
15 Nov, 2024, 12.25 AM IST
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...
12 Nov, 2024, 10.34 PM IST
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. ...
04 Nov, 2024, 11.35 PM IST
ICAI issues standard on quality management for CA firmsThe ICAI has issued two new quality management standards (SQM 1 and 2) for audit firms, focusing on quality management systems and engageme...
15 Oct, 2024, 10.42 PM IST
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 ...
08 Oct, 2024, 09.43 PM IST
NFRA circular warns against selective application of audit standardsThe circular asks auditors to follow both the Standard on Auditing (SA) 600 and the Companies Act 2013 in letter and spirit, on top of othe...
03 Oct, 2024, 09.58 PM IST
NFRA's plan to revise auditing std SA 600 'surprising'; need more time for consultations: ICAIICAI has requested NFRA to pause proposed changes to auditing standard SA 600 for group audits, citing concerns over the impact on small an...
20 Sep, 2024, 05.27 PM IST
ICAI central council to discuss proposed changes to auditing standard SA 600 on Sep 17The central council of ICAI will discuss NFRA's proposed changes to auditing standard SA 600 on September 17. ICAI is concerned these chang...
30 Aug, 2024, 08.46 PM IST
India sets out to close a critical accounting standard gap to align itself with global peersThe NFRA, backed by RBI and Sebi, is urging the Institute of Chartered Accountants of India to update SA 600 in line with revised internati...
26 Aug, 2024, 11.37 AM IST
India hikes windfall tax on crude petroleum to Rs 7,100 per tonneThe Indian government has increased the windfall tax on crude petroleum to Rs 7,100 per tonne from Rs 4,250 per tonne with effect from Augu...
14 Aug, 2023, 11.12 PM IST