Search For "national financial reporting authority"
Nitin Gupta appointed Chairperson of National Financial Reporting Authorit
Updated : 8 months, 1 week ago IST
The Appointments Committee of the Cabinet has approved the appointment of Nitin Gupta, a retired Indian Revenue Service (IRS) officer, as the Chairperson of the National Financial Reporting Authority (NFRA), according to an official notification issued on Thursday.
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Congress raises report on Adani Group's auditor facing NFRA scrutiny, Grou
Updated : 2 years, 5 months ago IST
Citing a report by US-based news agency Bloomberg which stated that one of the Adani Group's longtime auditors is being scrutinized by National Financial Reporting Authority, senior Congress leader Jairam Ramesh on Thursday said that something is truly rotten in this "most Modi favoured cong
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"Reject any suggestion that businesses have not acted as per regulations":
Updated : 2 years, 5 months ago IST
The Adani Group on Wednesday said that it has always conducted its business in compliance with all applicable laws and regulations and rejected any suggestion that its businesses have not acted as per the accounting standards of the jurisdictions in which they operate
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Statutory body to introduce annual transparency report by audit firms
Updated : 3 years, 2 months ago IST
According to a statement from the statutory body, NFRA is empowered to require an auditor to report on its governance practices and internal processes designed to promote audit quality, protect its reputation and reduce risks including risk of failure of the auditor and may take such acti
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National Financial Reporting Authority advises companies on non-accrual of
Updated : 3 years, 4 months ago IST
NFRA said it had come to its attention that during a disciplinary action under section 132(4) of the Act for professional misconduct of a statutory auditor, namely chartered accountant Som Prakash Aggarwal, of a listed company -- Vikas WSP Ltd, that the company in the financial statements
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NFRA debars CA Rajiv Bengali for five years, imposes Rs 5 lakh penalty
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): The National Financial Reporting Authority (NFRA) has debarred Rajiv Bengali, a chartered accountant associated with Subramaniam Bengali & Associates for professional misconduct, the Union Ministry of Finance said on Monday.
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NFRA draws conclusion on enhanced engagement with stakeholders
Updated : 4 years, 6 months ago IST
New Delhi [India], September 13 (ANI): Audit regulator National Financial Reporting Authority (NFRA) has drawn conclusions on comments received on the consultation paper on enhanced engagement with stakeholders.
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NFRA finds lapses in audit of IL&FS Financial Services
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 17 (ANI): The National Financial Reporting Authority (NFRA) has found several lapses in the statutory audit of IL&FS Financial Services Ltd for 2017-18 done by BSR & Associates LLP.
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'NFRA authorised to impose penalties on audit firms'
Updated : 8 years ago IST
New Delhi [India], Mar. 6 (ANI): The Centre on Tuesday stated that the National Financial Reporting Authority (NFRA), to be set up for overseeing auditing standards, will have the power to penalise audit firms for any malpractice identified.
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Cabinet approves establishment of committee to supervise auditors
Updated : 8 years ago IST
New Delhi [India], Mar. 2 (ANI): In a major move to implement stricter supervision of auditing firms and individuals, the Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal for establishing the National Financial Reporting Authority (NFRA).
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Govt. strikes off 2.24 lakh companies post demonetisation for remaining in
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov. 5 (ANI): The Ministry of Corporate Affairs (MCA) on Sunday said it has struck off around 2.24 lakh companies post demonetisation, for remaining inactive for a period of two or more years.
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