The National Financial Reporting Authority has identified 988 audit firms of listed and unlisted companies that either failed to file or submitted incomplete Form NFRA 2 for the 2024-25 reporting period. According…
The National Financial Reporting Authority (NFRA) has raised concerns about how auditors assess going concern, particularly regarding cash flow projections, management assumptions, and financial support from promoters. Speaking at an NFRA webinar,…
The Standing Committee on Finance has called for faster reforms at the National Financial Reporting Authority (NFRA), including a clear separation of audit quality review and disciplinary functions. It also wants sector-specific…
A Parliamentary Joint Committee has recommended curbs on the proposed expansion of the National Financial Reporting Authority, including lower penalties, continued government oversight and safeguards against overlap with the Institute of Chartered…
