 "India’s NFRA revises auditing standards to enhance accountability amid past frauds, gaining support from key financial regulators.")
India’s NFRA revises auditing standards to enhance accountability amid past frauds, gaining support from key financial regulators.
The National Financial Reporting Authority (NFRA) has proposed new auditing standards for group audits in India, aiming to enhance the quality and thoroughness of these audits. This revision aligns with international standards to address the deficiencies observed in past audits of listed companies and public interest entities. NFRA emphasizes the group auditor’s responsibility and the ...
