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NFRA Imposes a Penalty on Auditors
NFRA imposes heavy fines and restrictions on auditors for misconduct and standards violations.
Jul 3, 20232 min read
NFRA issues clarifications on Statutory Auditors’ Responsibilities in relation to Fraud in a Company
The National Financial Reporting Authority ( “NFRA” ) issued a circular dated 26th June 2023, to the auditors of the entities regulated...
Jun 27, 20233 min read
NFRA Cracks Down on Auditors with Fines and Bans -Rs 1 crore on CA Firm and 5 lakhs each on partners
In the recent case of M/s Sundaresha & Associates and CA C. Ramesh and CA Chaitanya G. Deshpande (Order No. NF-23/14/2022/05, NFRA M/s...
Jun 12, 20235 min read