NFRA alleges audit of IL&FS by SRBC was flawed

The National Financial Reporting Authority (NFRA) on Wednesday pointed to lapses in the statutory audit of…

Government amends audit rules, rationalizes penal provisions

New Delhi : The Ministry of Corporate Affairs has amended the audit rules, rationalizing the penal…

NFRA may get more powers to take action against audit lapses

New Delhi The National Financial Reporting Authority (NFRA) will get more powers to take action against…

Auditors in large companies may face ban on non-audit work – Times of India

NEW DELHI: A high-level committee has proposed changes in the audit architecture, including banning “public interest”…

Will look into NFRA compliance issue: ICAI

New Delhi : Institute of Chartered Accountants of India (ICAI) said auditors will have to comply…

Objection to audit relief for small businesses aimed at protecting good governance: ICAI

New Delhi : The Institute of Chartered Accountants of India (ICAI)’s objection to exempt small companies…

Displeasure in ICAI over audit regulation

New Delhi The proposal to ease the burden of auditing on small businesses has brought to…

Those who don’t matter, should be out of purview of audit: Experts

New Delhi : NS statutory audit The requirement for small businesses should be eased, but only…

Over 1,000 auditors yet to file annual returns

According to the National Financial Reporting Authority (NFRA), India’s audit regulator, over 1,000 statutory auditors representing…

India’s top firms still rely on Big 4 auditors

Most of India’s largest listed companies prefer to work with network firms of Big Four auditors,…